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Balaxi Pharmaceuticals reports revenue of INR 1,124 million in H1FY21

Balaxi Pharmaceuticals reports revenue of INR 1,124 million in H1FY21

HYDERABAD, India, Oct. 12, 2020 /PRNewswire/ — Balaxi Pharmaceuticals Limited (BPL), a branded IPR-based pharmaceutical company, today announced its results for the quarter and half year ended 30th September, 2020.

Financial Highlights – H1FY21:

  • The Company recorded a revenue of INR 1,124 million. Incremental growth is due to consolidation of newly acquired subsidiaries of Guatemala and Dominican Republic.
  • EBITDA came in at INR 193 million; EBITDA margin at 17.2%.
  • PAT came in at INR 188 million; PAT margin at 16.7%. 

Particulars (INR mn)

Q2FY21

Q1FY21

Q-o-Q%

H1FY21

Revenue

603

521

16%

1,124

EBITDA

103

90

14%

193

EBITDA Margin %

17.1%

17.3%

-20 bps

17.2%

PAT

101

87

16%

188

PAT Margin %

16.8%

16.7%

10 bps

16.7%

Segmental Performance:

Revenue (INR mn)

Q2FY21

Q1FY21

Q-o-Q %

H1FY21

Pharmaceuticals

385

322

20%

706

Ancillary

177

131

36%

308

Branded Consumer Products

41

68

-40%

109

  • Revenue from Pharmaceutical business saw sequential growth of 20% on account of new product launches and better product mix in Q2Y21. Sales mix of Branded: Generics in Q2FY21 stood at 29:71 as against 25:75 in Q1FY21.  
  • Pharmaceutical business segment contributes 63% of the consolidated revenues and 73% of the consolidated EBITDA.
  • Ancillary business witnessed an increase in revenue to INR 177 million in Q2FY21 versus INR 131 million in Q1FY21 registering a growth of 36% Q-o-Q.
  • Branded Consumer products top-line declined from INR 68 million in Q1FY21 to INR 41 million in Q2FY21. The de-growth was due to supply chain disruptions amidst the lockdown in Angola in the wake of COVID-19 pandemic.

Update on Pharmaceutical Product Registrations:

Particulars

Angola

Guatemala

Dominican Republic

Honduras

El Salvador

Central African Republic

Existing Product Registrations

289

79

136

24

20

Product Registrations in Pipeline

115

52

120

120

175

Commenting on the performance, Mr.

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Telehealth Market 2020 | Global Share, Key Companies, Growth, Industry Analysis, Revenue, Regional Overview, Outlook and Forecasts 2026

Telehealth Market 2020 | Global Share, Key Companies, Growth, Industry Analysis, Revenue, Regional Overview, Outlook and Forecasts 2026

The “Telehealth Market 2020” is likely to expand considerably with impetus from the ability of telehealth to serve the rural population. According to a report published by Fortune Business Insights, titled “Telehealth: Global Market Analysis, Insights, and Forecast, 2019-2026,” The Global Telehealth Market was valued at US$ 49.8 Bn in 2018. Fortune Business Insights has predicted that the market will reach US$ 266.8 Bn by 2026, thereby exhibiting a CAGR of 23.4%.

Report Highlights:

  • Detailed Historical Overview
  • Consumer and Pricing Analysis
  • Market Dynamics of the Industry
  • In-depth Market Segmentation
  • Historical and Projected Market Sizing in Terms of Value
  • Recent Market Trends and Impact Factors
  • R&D Status and Technology Overview
  • Extensive Industry Structure Coverage

Key Companies and Manufacturers Covered:

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.

  • American Well
  • Teladoc Health
  • Doctor On Demand
  • GlobalMed
  • Dictum Health, Inc
  • LLC
  • InTouch Technologies, Inc.
  • MDLIVE Inc.
  • Encounter Telehealth
  • HelloMD
  • SnapMD, Inc.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/telehealth-market-101065

Technological Advancements to Fuel Demand for Telehealth Services

The technological advancements in telehealth products and services have fuelled the demand for telehealth services across the world. The advent of user-friendly systems has contributed to a high demand, which in turn has led to an increase in the global telehealth market value in recent years. In 2019, InTouch announced the launch of a fully integrated end-to-end virtual platform aimed at providing enhanced patient care solutions. ‘Solo’ was a flexible platform integrated with services such as enhanced emergency care solutions, direct-to-patient, and direct-to-customer, which in turn will contribute to the growth of the global telehealth market in the coming

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Financial Sector’s Expected 2020 And 2021 EPS And Revenue Growth

Financial Sector’s Expected 2020 And 2021 EPS And Revenue Growth

(Thanks to David Aurelio and Tajinder Dhillon of Refinitiv IBES for providing the above data.)

Here is what struck me about the above data:

1.) The expected 2020 EPS growth for the Financial sector improved right around the time in July ’20 when bank earnings and other financial earnings began to get reported. The expected 2020 EPS growth rate improved from -36% to -32% by the end of July ’20 but has remained stagnant since.

2.) 2020’s expected revenue decline improved slightly as well from -8% to -7%, and also has remained stable for the rest of August and September ’20.

3.) 2021 expected EPS growth was offsetting the expected 2020 decline up until July 24th, and then, from that week forward, the expected 2020 decline in EPS was greater than the expected growth rate of 2021 EPS for the remainder of August and September ’20.

4.) Same with expected revenue growth: 2021’s expected revenue growth was greater than the 2020 percentage decline until April 10th, and then, 2020’s expected percentage decline eclipsed 2021’s expected revenue growth, and the difference has grown since.

The top Financial sector names in the S&P 500 (ranked by market cap):

  • Berkshire Hathaway (BRK.A, BRK.B)
  • Visa / Mastercard (V/MA)
  • JPMorgan (JPM)
  • Bank of America (BAC)
  • Wells Fargo (WFC)
  • Goldman Sachs / Morgan Stanley (GS/MS)

Whether Visa / Mastercard are “financial” stocks is probably worthy of debate, since their core operations are tied to the expansion and contraction of credit usage, primarily in the United States, but some consider them technology (i.e payment networks) and even might even be closer to Fintech.

What’s the point?

Anyone reading this blog is sophisticated enough to know that Financial sector earnings, particularly bank earnings are being impacted by three primary issues:

1.) Expected credit losses at the consumer level,

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Qstream Achieves 30% New Business Revenue Growth in 2020

Qstream Achieves 30% New Business Revenue Growth in 2020

BURLINGTON, Mass., Oct. 7, 2020 /PRNewswire/ — Qstream, leaders in microlearning software for the remote workforce, reports that through August 2020, achieved 30% year over year new business growth and expanded its revenue by 20% in existing accounts. This momentum speaks to significant market demand in corporate enterprises seeking remote learning technology to better engage distributed teams and providing them with learning and development opportunities.

Qstream also announced these remarkable milestones:

  • 458% year over year increase in the number of learners on the platform.
  • 25% increase in average deal size through broader L&D deployment.
  • Substantial growth in core industries including Hospital and Healthcare (+266% increase), Pharmaceutical (60%), Manufacturing (37%), and Technology (16%).

“In 2020 the demand for quality remote learning solutions means we’ve seen broader adoption of Qstream microlearning by L&D teams enterprise-wide,” said Gary Greenberger, VP Sales, Qstream. “Organizations are recognizing Qstream’s ability to deliver effective and proven learning results in less time and at a dramatically lower cost than traditional learning technologies.”

“These remarkable achievements are a testament to our Qstream employees whose efforts on behalf of our customers deliver business-changing results,” said Rich Lanchantin, CEO, Qstream. “We’re thrilled that our customers are deploying Qstream across their organizations and consider Qstream a strategic business partner as they evolve their digital learning strategies.” 

Qstream was also recently awarded as a Top Training Company for Health and Safety/Compliance. See Qstream’s microlearning solution in action in this quick video overview.

About Qstream
Qstream is a microlearning solution proven by science and in practice to boost learner performance through knowledge reinforcement, engagement, and analytics. 600+ organizations rely on Qstream to build high-performance teams by delivering a microlearning experience that reinforces job-critical knowledge in minutes a day, exposing a real-time view of performance readiness.

Media Contact:
David Resendes

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The Magic Of A number of Streams Of Residual Revenue On-line

The Magic Of A number of Streams Of Residual Revenue On-line

Business news,Business daily,Business ideas,Business insider,Business letter,Business line,Business plan,Business proposal,Business times,Business world,Online businessLook right here for concepts for beginning a enterprise and for adding new services and products to an existing business. It’s based mostly off this components I used over time to sell tens of millions of dollars value of my own and other individuals’s products. Assist other couples achieve their visions by beginning your individual marriage ceremony planning providers. Should you only discuss to family and friends about your business idea, they’re prone to either discourage you (as a result of they’re anxious you will lose cash) or encourage you an excessive amount of (praising each thought you may have).

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The one thing that differentiates inexperienced cleaning companies from regular cleansing companies is the type of merchandise used for the actual cleansing. But, when you’re prepared, starting a business online, even with little money, just isn’t only a risk, it’s a stark reality. In case you start a wine bar, you better have quality merchandise. A handyman enterprise helps people with nearly any type of task round the house, from large projects such as kitchen or rest room remodels to smaller jobs.

A catering service may be a large business serving meals to armies of individuals at special occasions. Check out some case research of businesses that use the AppInstitute app builder to see the worth an app can deliver for an enormous vary of small businesses. In case you do not mind doing different folks’s … Read the rest