Healius Limited announced its 1HFY23 results

Feb 27, 2023

Healius Limited (ASX: HLS) announced its financial results for 1HFY23 as follows:

  • Base pathology revenue grew by 1% compared to 1HFY20, and revenue per ACC grew by 8% with footprint optimisation and growth in commercial revenue.
  • A cash flow conversion rate in excess of 100% was delivered with alignment between operating revenue and cash flow.
  • The company reaffirmed its bank gearing ratio at 2.98x at the end of FY23 and intended to continue within its covenants.
  • Taking into consideration its short-term gearing levels and cash conservation, the company has determined not to pay an interim dividend for 1HFY23.

 

 

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