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We feel now is a pretty good time to analyse Oneview Healthcare PLC's (ASX:ONE) business as it appears the company may be on the cusp of a considerable accomplishment. Oneview Healthcare PLC develops and sells software services for the healthcare sector in Ireland, the United States, Australia, Ireland, the Middle East, and Asia. The AU$205m market-cap company announced a latest loss of €11m on 31 December 2024 for its most recent financial year result. The most pressing concern for investors is Oneview Healthcare's path to profitability – when will it breakeven? We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
According to the 3 industry analysts covering Oneview Healthcare, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2026, before generating positive profits of €333k in 2027. Therefore, the company is expected to breakeven roughly 2 years from now. How fast will the company have to grow each year in order to reach the breakeven point by 2027? Working backwards from analyst estimates, it turns out that they expect the company to grow 68% year-on-year, on average, which is extremely buoyant. Should the business grow at a slower rate, it will become profitable at a later date than expected.
We're not going to go through company-specific developments for Oneview Healthcare given that this is a high-level summary, but, take into account that by and large a healthcare tech company has lumpy cash flows which are contingent on the product and stage of development the company is in. So, a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.
View our latest analysis for Oneview Healthcare
Before we wrap up, there’s one aspect worth mentioning. Oneview Healthcare currently has no debt on its balance sheet, which is quite unusual for a cash-burning healthcare tech company, which typically has high debt relative to its equity. This means that the company has been operating purely on its equity investment and has no debt burden. This aspect reduces the risk around investing in the loss-making company.
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There are key fundamentals of Oneview Healthcare which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at Oneview Healthcare, take a look at Oneview Healthcare's company page on Simply Wall St. We've also compiled a list of essential factors you should look at: