ECO Animal Health Group plc (LON:EAH) has announced its results for the six months ended 30 September 2023.
HIGHLIGHTS
Financial
· Group Revenue increased 9% to £38.0 million (H1 2022: £34.9 million)
o Revenues on a constant currency basis increased 15%
· Gross margins 41% (H1 2022: 45%)
· Adjusted EBITDA at £0.7 million (H1 2022: £1.7 million)
· Loss per share of 1.93p (H1 2022: earnings per share: 1.96p)
· Cash generated by operations increased to £4.8m (H1 2022: £3.0m)
· Cash balances increased to £20.6m (30 September 2022 £12.9m)