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Optima Health PLC on Wednesday highlighted it was building momentum towards its medium-term targets, as it posted higher revenue.
The Sheffield, England-based occupational health services provider said it swung to a pretax profit of £1.3 million in the six months to September 30, compared to a loss of £530,000 a year prior.
Adjusted pretax profit however fell 18% to £5.4 million from £6.6 million.
The company noted demerger and listing costs of £2.8 million that had incurred in the first financial half of a year ago, when it demerged from Marlowe PLC and listed on London’s AIM market.
Adjusted earnings before interest, tax, depreciation and amortisation fell 4.6% to £8.3 million from £8.7 million.
Revenue grew 17% to £59.5 million from £50.8 million. Cost of sales increased 25% to £43.8 million from £35.0 million.
Looking ahead, Optima Health said it is building momentum towards its medium-targets, which include revenue of £200 million, up 90% compared to £105.0 million in financial 2025, and adjusted Ebitda of £40 million, more than doubled from financial 2025’s £17.6 million.
Chief Executive Officer Jonathan Thomas said: ‘We recognise there are exciting opportunities within our market and we will continue to evaluate those opportunities to create value for shareholders including identifying and executing merger & acquisition opportunities to accelerate growth and consolidate our market leadership.’
Optima Health shares were 0.3% lower at 192.00 pence each on Wednesday morning in London.
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