Orion Health announces FY16 annual results

Company News

 
Orion Health Group Limited (ASX:OHE) has announced its full year results for the year ended 31 March 2016.
 
The company recorded an Operating Loss after Income Tax of NZ$54 million down from NZ$61 million in 2015.
 
Operating revenue for the year grew by 26 percent to $207 million, up from $164 million in the previous year. 
 
The best performing regions for the company were Europe, Middle East and Africa, where revenues grew 59 percent, contributing NZ$48 million to the combined total.
 
The company now manages over 100 million patient health records globally and believes it is on track to achieve profitability in 2018.

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