Brief: HealthBeacon Says H1 Revenue 900,000 EUR

Healthbeacon

05/10/2023 07:18

Oct 5 (Reuters) - Healthbeacon PLC  HBCN.I :
    * H1 REVENUE 900,000 EUR
    * TO ACHIEVE CASH BREAKEVEN AND SCALE AT PACE NOW EXPECTED,
CO HAS
GROSS FUNDING REQUIREMENT OF ABOUT EUR 11M OVER NEXT 18-24
MONTHS
    * CASH BREAKEVEN IS EXPECTED TO BE ACHIEVED BY Q2 2025
    * TO ACCELERATE ITS PATH TO PROFITABILITY AND IMPROVE CASH
MANAGEMENT A 30% REDUCTION IN OPERATING EXPENSES EFFECTIVE BY
YEAR END

Source text for Eikon:  ID:nRSE7584Oa 
Further company coverage:  HBCN.I 

 ((Reuters.Briefs@thomsonreuters.com;))