Oneview Healthcare
(ASX:ONE) has reported a further dive into negative result territory, with its net loss after tax sinking 140 per cent on FY16 to € 14.3 million in the half year to June 30 2017.
In some good news for the health care provider, its reoccurring revenue rose 103 per cent over the half year, while its total revenue fell 55 per cent on the prior corresponding period (pcp) to € 2.2 million.
Oneview Healthcare says it experienced a weaker than expected US health care market on the back of a shift in US Government policy.
The company did not declare distribution or dividend for the six months to the end of the financial year, nor did it pay one in the prior corresponding period.
Shares in Oneview Healthcare
(ASX:ONE) closed 1.22 higher yesterday to $4.15.
