Craneware Plc(CRW.L) on Monday reported higher profit in fiscal 2025, helped by growth in the US healthcare market. Adjusted profit surged 52 percent from last year and the company also raised its final dividend for the year.
The company, which provides automated revenue solutions for the healthcare sector, posted profit of $19.66 million or $0.552 per share in fiscal 2025, higher than $11.70 million or $0.332 per share last year.
On an adjusted basis, profit was $40.66 million or $1.142 per share during the year, compared to $33.13 million or $0.939 per share a year ago.
The company's pre-tax profit rose 52 percent in fiscal 2025 to $23.98 million from $15.75 million recorded in the previous year, helped by reduced finance costs as a result of its treasury management policy.
During fiscal 2025, Craneware said that revenue climbed 9 percent to $205.7 million from $189.3 million a year ago. The company's Annual Recurring Revenue or ARR was up 7 percent to $184.0 million from $172.0 million recorded in the previous year.
Adjusted EBITDA for the year came in at $65.3 million, up 12 percent from last year's $58.3 million.
The company's Board has recommended a final dividend of 18.5 pence per share, 10 percent higher than 16.0 pence per share distributed a year ago. The final dividend will be paid on December 18 to those on the register as at November 28, Craneware added.
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