INSPIRATION HEALTHCARE GROUP PLC (IHC) — Company update

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the INSPIRATION HEALTHCARE GROUP PLC Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the Q and A tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press end. The company may not be in a position to answer every question it receives during the meeting itself. However, the company will review all questions submitted today and publish responses where it is appropriate to do so. Before we begin, if I may, I would like to submit the following poll. And I would now like to hand you over to CEO, Neil Campbell. Good afternoon, sir. Good afternoon, everybody. Thanks very much for joining us today. Today, I'm with Alan Alby, who joined us as CFO a couple of weeks ago. We're going to run through the results from our financial year ending 01/31/2023. Firstly, a little bit about the the products we sell in the market we operate in. We deal with medical equipment primarily aimed at premature and sick babies. These babies can weigh as little as three hundred and fifty grams being born twenty three, twenty four weeks gestation. So it's over three months premature. I'm putting into context the market size, around fifteen million babies are born premature every year. That number is rising. And it's around ten percent of the annual global birth rate. Different markets, different countries have different issues around prematurity. In the developed countries, it may be more around in vitro fertilization, stress, very defensive forms of obstetric care for for moms to be. And perhaps in the developing world, low middle income countries, it might be due to access...