LiDCO Group plc announced audited consolidated earnings results for the full year ended January 31, 2019. For the full year, the company announced revenue was GBP 7,324,000 compared to GBP 8,267,000 for the same period a year ago. Operating loss was GBP 2,138,000 compared to GBP 2,221,000 for the same period a year ago. Loss and total comprehensive expense for the year attributable to equity holders of the parent was GBP 1,941,000 compared to GBP 2,093,000 for the same period a year ago. Loss per share (basic and diluted) was 0.80 pence compared to 0.86 pence for the same period a year ago.

The board anticipated significant revenue growth in 2019/2020 as the current annualized base of HUP contracts carries forward, partially offset by lower third-party sales as the business transitions to the new third-party distribution agreements.