Oneview Healthcare PLC (ONE) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Oneview Healthcare PLC, HY twenty six Half Year Results Call. All participants are in a listen only mode. There will be a presentation followed by a question and answer session. I'd now like to hand the conference over to Mr. James Fitter, CEO. Please go ahead. Thanks very much and good morning to everyone in Australia. Good afternoon to those joining from The United States and good evening to those joining at this late hour here in Dublin, Ireland. First of all, I'd like to as usual just draw your attention to the legal disclaimer and particularly to comments around forward looking statements. I'd also like to remind everyone that we are a calendar year company, so we're reporting for the first half of twenty twenty six for the six months ended June 30, and that our reporting currency is Euros. I am joined here in Dublin by Daryl Lyons, our Chief Financial Officer and Tony Pettit, our Company Secretary. And thank you both for joining me this evening. So in terms of agenda, as usual, we'll start with the financial performance. We will look at commercial momentum, updates on product and innovation, the outlook and obviously save some time for questions at the end. So the first half of twenty twenty six has been a great period of great progress on our path to scalable growth. Our recurring revenue, which is the true measure of any software business grew by 13% year over year. Our gross margin very pleasingly jumped nine points from 61% to 70%, offsetting the impact of the decline in non recurring revenue, which continues to be lumpy and volatile. In March this year, we completed a $19,000,000 placement in extremely challenging market conditions. You might recall, we started our roadshow the same week as The United States lau...