Report
Richard Williamson

Doctor Care Anywhere Group - Growth achieved, now looking to profitability

Doctor Care Anywhere Group (DOC) reported 116% revenue growth in its FY21 trading update, significantly ahead of its 100% growth target for the year. Growth was driven by a 94% y-o-y increase in the number of consultations delivered on DOC’s platform, which accelerated towards the end of the year as supply constraints on GPs eased. Looking ahead, management’s newly announced operating model should support more profitable scalability by diversifying its blend of services.
Underlying
Doctor Care Anywhere Group

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Richard Williamson

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