Physitrack Limited
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Physitrack Limited - overview
Established
2012
Location
London, -, UK
Primary Industry
Healthcare IT
About
Physitrack Limited is a digital health company specializing in remote patient engagement and Telehealth solutions, designed to enhance rehabilitation through tailored exercise programs and tracking tools for physiotherapists and patients. Physitrack Limited, founded in 2012 by Henrik Molin, is headquartered in London, UK. The company focuses on providing remote care solutions for physiotherapy. It has successfully raised GBP 770,000 in funding from Crown Ocean Capital in July 2015, valuing the company at GBP 22.
02 million. To date, Physitrack has completed 3 funding deals, with its most recent deal occurring on 2015-07-06. Physitrack® offers a comprehensive platform for remote patient engagement and Telehealth, featuring over 18,000 exercise videos and the user-friendly app, PhysiApp. This app allows physiotherapists to deliver customized home exercise programs directly to patients, promoting better communication and adherence during recovery.
The platform serves a variety of clients including independent practitioners, hospitals, and government-funded organizations across several markets including the UK, US, Australia, and Europe, and has been referenced in over 100 clinical studies. For the fiscal year 2024, Physitrack reported a revenue of GBP 17,510,959 with an EBITDA of GBP -2,257,512. The company operates under a subscription-based model, providing tailored pricing options to meet the diverse needs of its clientele, which includes independent practitioners and larger healthcare organizations. Physitrack Limited plans to leverage its recent funding of GBP 770,000 raised on 2015-07-06 to enhance its platform offerings.
The company is focused on expanding its market presence, particularly in the US and parts of Europe, aiming for growth by launching new features in the PhysiApp. Additionally, it seeks to enhance its library of exercise content and patient management tools to drive patient engagement and compliance.
Current Investors
Crown Ocean Capital
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Software
Website
www.physitrack.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Physitrack Limited - timeline of key events
Physitrack Limited - financials
| Fiscal Year Ended | Nov 30, 2015 | Nov 30, 2016 | Nov 30, 2017 | Nov 30, 2018 | Nov 30, 2019 | Nov 30, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 30,945 | - | 393,674 | 811,404 | 972,668 | 3,054,091 | 8,465,227 | 12,510,371 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 106.1% | 19.9% | 214.0% | - | - | - | - | - |
| EBITDA (USD) | (301,731) | - | 74,021 | 431,145 | 490,890 | 1,604,723 | 952,469 | 2,543,317 | - | - | - |
| Operating Income (USD) | (301,731) | - | 74,021 | (47,596) | (164,607) | 674,114 | (622,879) | 109,387 | - | - | - |
| Operating Margin | (975.1%) | - | 18.8% | (5.9%) | (16.9%) | 22.1% | (7.4%) | 0.9% | - | - | - |
| % EBITDA Margin | (975.1%) | - | 18.8% | 53.1% | 50.5% | 52.5% | 11.3% | 20.3% | - | - | - |
| NET Income (USD) | (301,396) | - | (68,748) | (47,571) | (164,598) | 688,409 | (882,954) | 92,319 | - | - | - |
| % Net Margin | (974.0%) | - | (17.5%) | (5.9%) | (16.9%) | 22.5% | (10.4%) | 0.7% | - | - | - |
Physitrack Limited - employee data
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