Diagnostic imaging services provider Image Plus Consultants reported a steep decline in profit for the year ended February 28 as rising expenses weighed on earnings despite solid review.
The company posted total comprehensive income of $43.9 million, down significantly from $211.9 million in 2024 - a decline of nearly 80% year-over-year.
Revenue for the year came in at $1.08 billion, down from $1.19 billion in the prior year, while direct costs decreased by 14% to $368.6 million.
The gains were offset by sharp increases in other operating expenses.
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