EMIS Group plc (AIM: EMIS) – terrific results from a terrific business!
The AIM quoted provider of connected healthcare software and services and one of AIM’s stars issued terrific results for the year ended 31 December 2014. This business seems to justify its premium rating
EMIS Group is the UK leader in connected healthcare software and services. Its solutions are widely used across every major UK healthcare setting from primary and community care, to high street pharmacies, secondary care and specialist services. Through integration and interoperability, EMIS Group helps clinicians, in over 10,000 organisations, share vital information, facilitating better, more efficient healthcare and supporting longer and healthier lives. Total revenue for the year rose 30% to £137.6m and the all-important recurring revenue metric was up 26% to £102.70 highlighting the huge amount of visibility and representing 75% of total revenue. Recurring revenue principally covers licences,…