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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
Optima Health plc
(“Optima”, the “Company”, and, together with its subsidiaries, the “Group”)
Full Year Trading Update
LONDON, UK, 12 May 2025, Optima Health (AIM: OPT), the UK’s leading provider of technology enabled corporate health and wellbeing solutions, today announces its unaudited trading update ahead of publication of the Group’s full year results for the year ended 31 March 2025. All data is preliminary and subject to audit.
Highlights
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Strong performance in the year with revenue of approximately £105 million; in line with market expectations
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Expected to deliver FY25 adjusted EBITDA in line with market expectations
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Significant organic and inorganic progress made, growing Optima’s presence in its core UK market and expanding into a new territory; well positioned for strong growth in FY26
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Robust balance sheet with net debt (excluding leases) of £2.2 million as at 31 March 2025
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Mobilisation commenced on £210 million contract to deliver medical assessment services to UK Armed Forces
Optima is pleased to report revenue for the full year of approximately £105 million, in line with market expectations, with H2 25 showing c.7% growth over H1 25. The Group’s unaudited net debt position (excluding leases) at 31 March 2025 was £2.2 million, comprised of a cash balance of £14.8 million less drawdowns from the revolving credit facility of £17.0 million.
Since the Group’s listing on AIM in September 2024, Optima has made financial and operational progress, winning significant new contracts. Alongside this, in line with the Group’s strategy, Optima has made a number of strategic acquisitions to further accelerate long-term growth and continue to increase its market share in occupational health services.
In February 2025, the Group announced that it had been selected as the exclusive medical assessment provider for the UK Ministry of Defence’s Armed Forces Recruitment Service partnered with Serco, with a subcontract valued at up to £210 million over an initial 7-year term with the potential to extend up to a 10-year term. This contract is now signed, and mobilisation has commenced with the new services expected to be provided in early 2027. Following this, Optima secured its first licence agreement for its proprietary Digital Assessment Routing Tool (DART), which has since been implemented, marking its entry into the NHS digital health market.