STOCKHOLM, Sweden, Feb. 24, 2005 (PRIMEZONE) -- Medicover:
Highlights
- Revenue for 2004 amounted to 42.9 million (36.5 million) representing 17 percent revenue growth versus last year. Excluding acquisitions, the revenue growth was 16 percent.
- Revenue for the fourth quarter amounted to 12.2 million (9.4 million), a 29 percent revenue growth versus last year. Excluding acquisitions, the revenue growth was 25 percent.
- Constant currency growth versus last year amounted to 19 percent for the year, (excluding acquisitions 15 percent) and 22 percent for the fourth quarter (excluding acquisitions 18 percent).
- Membership growth was robust throughout the year with 22,900 new members added during the year to a closing member base of 139,900, representing 20 percent growth versus last year. The final quarter of the year reported growth of 7,500 members.
- The operating loss (EBIT) for the year was reduced to 0.2 million (loss 1.1 million). Operating EBIT for the fourth quarter amounted to 0.1 million (loss 0.2 million).
- The operating profit before depreciation and amortization (EBITDA) for the year amounted to 3.0 million or 7.0 percent of revenue (2.0 million or 5.4 percent of revenue). Operating EBITDA for the fourth quarter amounted to 0.9 million, or 7.5 percent of revenue (0.5 million or 5.7 percent of revenue).
- Net cashflow from operating activities after tax payments was 2.4 million for the year (0.8 million) and 0.3 million (0.2 million) for the fourth quarter.
- The loss after tax for the year amounted to 0.9 million (1.8 million) equivalent to a loss per share 0.073 for the year (0.145) and the diluted loss per share was 0.072 (0.144) The loss after tax for the fourth quarter amounted to 0.1 million (loss 0.3 million), equivalent to a loss per share of 0.006 (loss 0.028) and a diluted loss per share of 0.006 (loss 0.027).
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=74911&fn=wkr0001.pdf Preliminary Annual Report 2004