Pro Medicus - AGM 2025 - Presentation
| Stock | Pro Medicus Ltd (PME.ASX) |
|---|---|
| Release Time | 24 Nov 2025, 10:05 a.m. |
| Price Sensitive | Yes |
Pro Medicus delivers record FY2025 results
- 7 new contract wins in North America totaling AUD $520M
- 2 large contract renewals worth AUD $130M
- Upgrades for additional products worth AUD $39M
Pro Medicus Ltd has enjoyed another extremely successful year both from an operational and financial point of view. The company continued to deliver the highest level of service to its clients and their patients, led by a highly skilled management team and staff. In FY2025, the company announced 7 new contract wins in North America totaling AUD $520M, 2 large contract renewals worth AUD $130M, and upgrades for additional products worth AUD $39M. The company completed 7 cloud-based implementations during the year and signed a research collaboration agreement with UCSF. Financially, revenue increased by 31.9% to $213 million and net profit after tax increased by 39.2% to $115.2 million. The company remained cash flow positive, with retained cash and liquid investments increasing from $155.4 million to $210.7 million. The Board anticipates FY26 will be another strong year, with performance to date ahead of the growth budget. The company is entering the second half with strong momentum, driven by the successful completion of major implementations. The Board and senior management have also set ambitious targets for FY27 to FY29 as part of the next three-year strategic plan.
The Board anticipates FY26 will be another strong year, with results to date ahead of budget on both a constant currency basis and an Australian dollar basis. The company is entering the second half with strong momentum, driven by the successful completion of major implementations.
The company is confident it will achieve all of the strategic goals set three years ago for the 2026 financial year. The Board and senior management have also set ambitious targets for FY27 to FY29 as part of the next three-year strategic plan, with a focus on further expanding the company's footprint, growing transaction volumes from existing clients, introducing new product offerings, and extending into new geographical markets.