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Vitura Health Limited (ASX:VIT)

ALERT: Price-sensitive ASX Announcement for VIT
Current share price for VIT : $0.024 -0.012 (-33.33%)+
Announcement
Release
21 Apr 2026 8:14AM
Price at Release
$0.036
Full Release
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Summary
Vitura Health Limited's Doctors on Demand telehealth service has reached significant milestones following its acquisition in October 2023. The service surpassed one million consultations since the start of FY2024 and demonstrated substantial revenue growth from $14.1 million to $21.6 million by FY2026. Doctors on Demand has achieved sustainable EBITDA profitability, with margins improving from negative 3% in FY2024 to 5% in FY2026. The platform's operational efficiency improved by 14% due to a 4% reduction in expenditure. The number of participating doctors increased from 200 to over 320, indicating higher retention and onboarding rates. Vitura is leveraging the growth of the Australian telehealth market and plans to further integrate Doctors on Demand with its services, aiming for continued growth into FY2027.
Key Points
  • Vitura Health Limited acquired Doctors on Demand in October 2023.
  • Doctors on Demand achieved over 1 million consultations since FY2024.
  • Revenue for Doctors on Demand increased from $14.1 million in FY2024 to $21.6 million in FY2026.
  • Sustained EBITDA profitability was achieved with a margin improvement from -3% in FY2024 to 5% in FY2026.
  • Operational expenditure was reduced by 4%, improving efficiency by 14%.
  • The number of doctors using the platform increased from 200 to over 320 by April 2026.
  • Doctors on Demand serves both B2C and B2B patients, including those driven by private health insurers.
  • Vitura plans further integration of Doctors on Demand with other services for continued growth into FY2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.