Tel Aviv / Zurich, 27 March 2018 – SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN), a leading provider and developer of advanced personal telemedicine solutions, today announced the results for 2017.
Highlights:
- Revenues from ongoing operations were 37.0m, up 3.9% compared to 2016.
- After several years of losses, the company is profitable again with a net profit of $ 2.4 m compared to a net loss of $ 11.1m in 2016.
- SHL has moved from cash-drains to a positive free cash flow of $ 10.5 m in 2017.
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