Optima Health (LSE:OPT) reported first-half fiscal 2026 revenue of approximately £59 million, up 17% from £50.8 million in the same period a year earlier. The company said it remains on track to meet market expectations for the full year, with analysts forecasting total revenue of around £125.4 million.
During the first half, Optima completed two strategic acquisitions to expand its operations and strengthen its service portfolio. In April, the company acquired Cognate Health for €9 million, marking its entry into Ireland and extending its international footprint. The business, now rebranded as Optima Health Ireland, operates roughly 30 clinic sites and is expected to contribute between £6 million and £7 million in annualized revenue.
In May 2025, Optima also completed the £15,000 acquisition of Care First, which added Employee Assistance Program (EAP) capabilities to its platform, contributing an estimated £3.7 million in yearly revenue.
New business wins for the period totaled approximately £1.9 million on an annualized basis, down from £3.6 million in the first half of fiscal 2025. The company is currently mobilizing its £210 million contract to provide medical assessment services for the UK Armed Forces, which began in April 2025. Full service delivery is expected to commence by early 2027.
Optima reported a solid financial position, with net debt of about £4.7 million and cash reserves of £8.3 million as of the end of the reporting period.
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