Robust 12 months for medical procedures provider
Sheffield-based One Health Group, a provider of NHS-funded medical procedures, reports its revenues have climbed 22 per cent to £28m in a full year trading update today.
The company listed on AIM on 20 March raising £7.8m, with net proceeds to the business of around £5.6m and £2.2m gross proceeds to selling shareholders.
Following the fundraise, year-end cash was £11.4m, providing substantial resources for investment in growth, including funding of the business’s first surgical hub.
One Health adds it has maintained the strong momentum established in H1 25, by delivering a 28 per cent increase in new NHS patient referrals to 17,020 for the year.
Adam Binns, chief executive officer, said: “We are very pleased with the performance of the business over the last 12 months and pleased to have raised £7.8m on our admission to AIM to support the development of our first surgical hub and welcome new investors onto the share register.
“Organic growth in advance of the hub being completed remains strong, with One Health Group continuing to perform well over the second half of the financial year, well ahead of last year, and setting another new record for new NHS patients choosing One Health through Patient Choice.
“In addition, we have continued to support local NHS Trusts with their internal patient waiting lists, further reducing the pressure on the NHS and generating a new revenue stream for the company.
“The record number of new surgeons applying to provide their services to the group is testament to the benefits that the group provides to the wider community of NHS patients.”
One Health says that during the period, the total number of patient consultations delivered was 42,238, a rise of 25 per cent (FY24: 33,695).
Also, 7,043 surgical procedures were delivered for NHS patients (FY24: 6,169) a 14 per cent increase, delivered through nine independent hospitals.
And 80 NHS Consultants provided their services to the group over the year, an increase of 27 per cent (FY24: 63).
