Wendy Lawrence of Totally: Results show record growth, whilst positioning for the future

Episode 795,   Jul 12, 2022, 06:59 AM

Wendy Lawrence, CEO of Totally plc #TLY discusses their preliminary results, for the 12-month period ended 31 March, which shows record growth, with revenue, EBITDA & dividends all increasing whilst positioning the company for the future.

Wendy Lawrence, CEO of Totally plc #TLY discusses their preliminary results, for the 12-month period ended 31 March, which shows record growth, with revenue, EBITDA & dividends all increasing whilst positioning the company for the future.

Financial highlights

· 12% increase in revenue to £127.4 million (2021: £113.7 million).

· 18% gross margin (2021: 18.3%).

· 24% increase in underlying EBITDA to £6.2m, excluding £0.2m in exceptional items (2021: £5.0 million EBITDA).

· Substantial increase in profit before tax to £1.3 million (2021: £0.1 million).

· Cash as at 31 March 2022 of £15.3 million (31 March 2021: £14.8 million).

· Total dividend for the year of 1.00 pence per share (2021: 0.50 pence per share).

· Substantial increase in basic earnings per share to 0.59 pence (2021: 0.17 pence).

· Urgent Care revenue increased by 3.6% to £109.2 million (2021: £105.4 million); 17.8% gross margin (2021: 17.8%).

· Planned Care revenue increased by 43.7% to £7.5 million (2021: £5.2 million); 20.6% gross margin (2021: 23.7%).

· Insourcing revenue increased substantially to £10.3 million (2021: £3.1 million); 17.4% gross margin (2021: 26.8%).