Oventus up over last year
By HME News Staff
Updated 12:58 PM CDT, Mon August 2, 2021
BRISBANE, Australia – Oventus reported revenue of $223,000 for its fiscal fourth quarter of 2021, an increase of 214% over the same quarter in 2020, but a 30% decrease from the third quarter, which the company attributed to sporadic lockdowns in key markets. Telehealth bookings continue to grow with 507 consultations scheduled in Q4 FY21, up 635% vs. Q4 FY20, and up 25% vs Q3 FY21. Also during the quarter, Oventus completed a restructure to align with current market conditions and reduce overhead costs, and hired John Cox as president and CEO.
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