The FX PostThe FX Post
    What's Hot

    Man charged in New York with 3-week kidnapping to try to steal Bitcoin

    May 30, 2025

    Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

    May 29, 2025

    Second suspect in New York bitcoin kidnapping surrenders to police

    May 28, 2025
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » hVIVO Confident in Meeting Revenue and Profitability Goals for 2021
    News

    hVIVO Confident in Meeting Revenue and Profitability Goals for 2021

    July 27, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    London-based research and testing firm, hVIVO, has expressed confidence in meeting its revenue and profitability targets for the full year. The company witnessed a significant boost in earnings in the first half of the year, driven by high demand for its testing and trials.

    Impressive Financial Performance

    hVIVO reported a remarkable increase in revenue of over 50% in the first six months, reaching £27.3 million ($35.1 million). The earnings margin before interest, taxes, depreciation, and amortization (EBITDA) also saw a substantial rise of over six points compared to the same period last year, now standing at 19%.

    Robust Outlook for the Full Year

    Despite potential delays in U.K. clinical trial approvals, hVIVO maintains its outlook of achieving £53 million in revenue for the full year. The company also expects an EBITDA margin in the mid-to-high teens. hVIVO anticipates that any impact on revenue will be immaterial.

    Strong Orderbook and Growth Prospects

    hVIVO’s orderbook as of June 30 reached £78 million, marking an 11% increase from the previous year. This diversified orderbook spans across various clients and regions, providing a solid foundation for future growth.

    Enhanced Prospects with New Influenza B Human Challenge Model

    The company’s weighted contracted orderbook has seen further growth since June, boosted by the recent announcement of their new Influenza B human challenge model. CEO Yamin ‘Mo’ Khan stated that this record visibility of revenue extending well into the second half of 2024 gives hVIVO a strong basis for future trading.

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    profitability research revenue testing
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    Man charged in New York with 3-week kidnapping to try to steal Bitcoin

    May 30, 2025

    Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

    May 29, 2025

    Second suspect in New York bitcoin kidnapping surrenders to police

    May 28, 2025

    Apple to debut dedicated gaming app within days of Nintendo Switch 2’s arrival

    May 28, 2025
    Add A Comment

    Leave A Reply Cancel Reply

      +  36  =  46

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • Man charged in New York with 3-week kidnapping to try to steal Bitcoin
    • Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026
    • Second suspect in New York bitcoin kidnapping surrenders to police
    • Apple to debut dedicated gaming app within days of Nintendo Switch 2’s arrival
    • Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek
    Featured Reviews

    Traders Connect Review

    May 18, 2023

    System Levels Review

    May 26, 2023
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Crypto Robot
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2025, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.