Paragon Care Limited Releases Half Year Market Update

  • Feb 03, 2020 AEDT
  • Team Kalkine

Australian based medical equipment provider, Paragon Care Limited (ASX: PGC) has witnessed an increase of $119.4 million in revenues during the first half of FY20. For the same period, the gross margins have remained constant at around 38% half year on half year, despite the fall in the A$/US$ during the past 12 months.

For H1FY20, the company’s Normalised EBITDA was around $12 million, representing a 10% margin on revenue.

By AEDT 1:34 PM, PGC stock was trading at $0.340, down by 17.073% on last close.

 

 

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