IN BRIEF: HealthBeacon annual loss widens amid cost of sales increase

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HealthBeacon PLC - Dublin-based devices and software developer for managing critical and chronic medications - In 2022, pretax loss widens to €13.2 million from €8.2 million in 2021. Revenue almost flat at €2.3 million compared to €2.2 million. Cost of sales increase 11% to €2.1 million from €1.9 million. In its outlook, firm says: ‘HealthBeacon has continued its upward trajectory in 2022 with the successful acquisition of US clients and investments.’

Current stock price: €1.30

12-month change: down 71%

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