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Latest Articles
Healthia earnings up 91% as pandemic boosts Aussie health consciousness
As the world emerges from a pandemic, Australians are proving to be more conscious of their general health than ever as evidenced by allied health company Healthia (ASX: HLA) which has delivered shareholders a 91% increase in underlying EBITDA. The bumper result was driven by 14.5% organic growth across the Group whose clinics continue to
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Healthia eyes off more acquisitions with NAB partnership, increases facility to $70m
Capitalising on favourable economic conditions, allied healthcare company Healthia (ASX: HLA) has partnered with National Australia Bank (ASX: NAB) to increase their finance facility by $20 million which will be deployed towards allied health acquisitions for the rapidly growing service provider. The partnership increases Healthia’s existing finance facility from $50m to $70m and will see
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Pandemic focus on living better sends Healthia’s earnings skyward
Vowing to look after themselves better in the wake of a pandemic, Australians are keenly focused on their personal health and wellness as evidenced by allied healthcare services provider Healthia (ASX: HLA) which is expected to report more than an 86% increase in earnings. A market update was provided by Healthia which operates a network
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Is there more than meets the eye to Healthia’s expansion into optometry?
With 13.2 million Australians suffering from long term eye problems, the rationale behind Healthia’s (ASX: HLA) $43m acquisition of The Optical Company was a logical opportunity to expand and investors have taken notice with HLA shares trading at all-time highs over the past month. While it may appeared a simple tack-on acquisition, such price movement
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Never been Healthia: COVID-19 spurs a new breed of patient
Is the notion of the typical Australian stacking on the ‘isobars’ and indulging in a few too many ‘lockdown lagers’ during their in-house detention just another case of fake news? In reality, says Healthia (ASX: HLA) CEO Wesley Coote, incarcerated citizens were more likely to be exercising more often and assiduously holding to their appointments
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Shareholders support Healthia with $13.2m for expansion into optometry
Healthia (ASX: HLA) shareholders have voted with their wallets firmly in favour of the allied healthcare provider’s expansion into optometry with the Company successfully raising $13.2m from an Entitlement Offer to fund their acquisition of The Optical Company (TOC). The $13.2m from shareholders forms part of the $43m acquisition to proceed, adding 41 optometry clinics
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