Venture Life is now EBITDA positive, eyes GBP 100M market cap

Mar 24, 2017, 02:09 PM

Jerry Randall, CEO of Venture Life Group PLC breaks the good news - the company is now EBITDA positive. The company reported an earnings (EBITDA) profit of £800,000, an improvement from a £600,000 loss a year earlier.

Key quotes/points

We have plenty of cash and can stand alone

Affected by UK inflation/slowdown? - Healthcare is counter cyclical and does well in the downturn

Next goal - Eyeing up a 100 million market cap

Listen to the full segment to know how and why the company enjoys natural hedge against gyrations in the GBP exchange rate.

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