Totally announces increased annual profit
Totally, a provider of healthcare services, corporate fitness and wellbeing services across the UK and Ireland, today announced pre-tax profit of £1.3 million for the 12-month period ended 31 March 2022.
Last fiscal year’s pre-tax profit was just £100,000.
Revenues were £127.4 million (2021: £113.7 million) with underlying EBITDA (excluding exceptional items) of £6.2 million (2021: £5 million). Net cash as at 31 March 2022 stood at £15.3 million (31 March 2021: £14.8 million).
The company’s share price dropped by 2.63% to 44.3p per share this morning.
Totally’s chief executive Wendy Lawrence said: “Society opened for business again, and as the general population sought to make up for the lockdown years, we have responded to huge increases in demand. During the year, we delivered services to 2.5 million patients. This rising pressure on healthcare services has been alongside the continuation of working to strict Covid-19 guidelines, including working in full PPE and following regulations for self-isolation and testing regimes.
“Our staff have continued to stand alongside their healthcare colleagues to deliver exceptional care in difficult circumstances, whilst demand for our services continued to increase beyond all our estimates and those of the NHS. Totally has been there to provide additional capacity to support demand and ensure that every patient receives access to the appropriate care when and where they need it.”