Significant progress in 2013 in realizing expansion plans:
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- Germany on track for growth – closed acquisition of almeda, including securing long term contract with DKV, a leading healthcare insurance provider in Germany
- Launched telemedicine services in India with hospital agreements in major cities; expecting to initiate provision of services to subscribers in 2014
- Evaluating opportunities for expansion into the U.S.; hired an experienced executive
- Revenues for the year of USD 29.7 million, up by 10.4% from USD 26.9 million in 2012
- EBITDA for the year of USD 8.3 million (LBITDA of USD 1.3 million in 2012)
- EBIT for the year of USD 3.3 million (LBIT of USD 5.7 million in 2012)
- Net profit for the year of USD 2.5 million (net loss of USD 7.4 in 2012)
- Expecting top line growth of more than 25% in 2014
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