Financials

Estimates*

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Revenues, earnings & profits over time
GBP20162017202020212022
Revenues<1m<1m9.0m59.7m92.7m
% growth-2542 %-565 %55 %
EBITDA(<1m)(1.4m)(12.7m)(19.0m)(8.5m)
% EBITDA margin(10925 %)(718 %)(142 %)(32 %)(9 %)
Profit(<1m)(1.4m)(13.0m)(16.2m)(8.2m)
% profit margin(11733 %)(737 %)(145 %)(27 %)(9 %)
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DateInvestorsAmountRound
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Acquisition
Total Funding-

Recent News about LloydsDirect

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More about LloydsDirectinfo icon
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LloydsDirect, formerly known as Echo, is a digital pharmacy service that simplifies the process of managing NHS prescriptions. Operating primarily in the UK market, LloydsDirect serves individuals who require regular medication by offering a convenient and hassle-free way to receive their prescriptions. The service integrates seamlessly with 96% of GPs in England, allowing users to order their medicine through an easy-to-use app. Once an order is placed, the GP approves the prescription electronically, and LloydsDirect either delivers the medication for free or provides an option for local collection at a LloydsPharmacy. This business model not only enhances customer convenience but also ensures timely medication adherence, which is crucial for patient health outcomes. LloydsDirect generates revenue through partnerships with the NHS and potentially through additional services offered via their platform. The company targets a broad demographic, including individuals with chronic conditions requiring regular medication, elderly patients, and anyone looking for a more convenient way to manage their prescriptions. Key features include free delivery, local collection options, and automated reminders for medication refills, making it a comprehensive solution for modern healthcare needs.

Keywords: digital pharmacy, NHS prescriptions, free delivery, local collection, GP integration, medication management, user-friendly app, healthcare convenience, prescription reminders, patient adherence.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.