Kainos shares lift as revenue surges on bumper NHS contract wins Tech One of Northern Ireland’s biggest technology firms has posted a surge in revenue on the back of a spate of NHS contract wins. Belfast-based IT services provider Kainos reported a 17 per cent rise in revenue to £431.1m for the year to end March, led by a 55 per cent jump in turnover from healthcare [...]
NHS supplier Kainos reports revenue drop after lower public investment Business London-listed software provider Kainos has reported a drop in revenue amid a tough trading environment and delays to public investment after the general election. Kainos, which is a key supplier to the NHS, reported revenue of £183.1m in the first half of the year, down five per cent year on year. Profit before tax rose 11 per cent [...]
NHS supplier Kainos lowers full year revenue forecast after ‘tough’ trading Tech London-listed software provider Kainos has downgraded its revenue forecast for 2025 after a subdued start to the year and more aggressive pricing among its partners. Management said it expected adjusted pre-tax profit to perform in line with the current analyst consensus of £79.1m for the year ending 31 March 2025. Due to a “tougher trading environment [...]
Kainos: NHS supplier reports 14th year of growth as it ramps up use of AI May 20, 2024 Kainos, a key NHS supplier, warned of weak demand from commercial clients in April and this was reflected in bookings.
This London AI tech firm is set to benefit from a £3.4bn NHS spending injection March 13, 2024 The increase in NHS spending could provide several opportunities for Kainos, which is involved in NHS digital transformation projects.