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Investing.com -- Optima Health (LSE:OPT) on Monday reported revenue of approximately £59 million for the first half of fiscal 2026, representing a 17% year-over-year increase from £50.8 million in the same period last year.
The company remains on track to deliver results in line with consensus forecasts for fiscal 2026, with full-year revenue expectations of £125.4 million.
Optima Health completed two acquisitions during the first half of the year. In April, the company acquired Cognate Health for €9 million, expanding its reach into Ireland and international markets.
Cognate Health, which has approximately 30 clinic sites, was rebranded as Optima Health Ireland in September and is expected to contribute £6-7 million in annualized revenue.
The second acquisition was Care First in May 2025 for a net consideration of £15,000, adding additional Employee Assistance Programs to Optima’s platform and approximately £3.7 million in annual revenue.
New business wins for the period amounted to approximately £1.9 million on an annualized basis, down from £3.6 million in the first half of fiscal 2025.
Mobilization on Optima Health’s £210 million contract to deliver medical assessment services to the UK Armed Forces began around April 2025, with new services expected to be in place by early 2027.
The company’s financial position shows net debt of approximately £4.7 million, with cash reserves of £8.3 million.
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