Volpara: Increases half-year revenue by 197 per cent

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Volpara: Increases half-year revenue by 197 per cent

Volpara: Increases half-year revenue by 197 per cent

  • Medical technology company Volpara has increased its revenue by 197 per cent to sit at roughly $6.4M
  • Highlights during this period include the successful purchase of Seattle-based MRS Systems for $18M
  • The company now remains on track to meet its mid-range forecast for annual recurring revenue of $16.1M
  • Volpara now remains on track to meet its mid-range forecast for ARR for the year of NZ$17.1 million
  • Volpara is down just over five per cent with shares trading for $1.99 apiece
  • The company also saw a 215 per cent increase in gross profit to NZ$6.1 million