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pro medicus OUR SUPPORT . YOUR SUCCESS . Pro Medicus Limited 450 Swan Street Richmond Victoria 3121 Australia T +61 3 9429 8800 F +61 3 9429 9455 www.promed.com.au 17 February 2021 HIGHLIGHTS Company Announcement Pro Medicus Limited Interim results " Revenue $ 31.59m - up 7.8 % ■ ■ Underlying profit before tax $ 18.76m - up 25.9 % Net profit $ 13.54m - up 12.4 % Continued growth in margins Cash reserves of $ 50.93m - up $ 7.53m Company remains debt - free Fully franked final dividend 7c per share - up 16.6 % Leading health imaging company Pro Medicus Limited [ ASX : PME ] today announced a half- year net profit after tax of $ 13.54m for the six months to the end of December 2020 , 12.4 % higher than for the previous corresponding period . Underlying profit before tax rose 25.9 % . Revenue from ordinary activities increased by 7.8 % to $ 31.59m . The currencies of the countries in which the Company has its activities have been volatile during the half year . On a constant currency basis , the revenue would have been $ 32.93m ( up 12.4 % ) and the underlying profit before tax would have been $ 19.66m ( up 29.0 % ) for the half year ended 31 December 2020 . The company's cash reserves at 31 December 2020 were $ 50.93m , up $ 7.53m . Pro Medicus announced a final fully - franked interim dividend of 7c per share . The company remains debt - free . Tax expense for the six months was $ 4.66m , representing a tax rate of 25.6 % compared to a tax expense of $ 2.76m in 2019 which translated to a tax rate of 18.6 % , the 2019 tax rate being the result of a larger than normal delta between the share price at the date of granting and the date the shares vested . The company does not anticipate this will be repeated and is expecting that the tax rate will move closer to the statutory rate for the full year . The company did not receive any Jobkeeper benefits during the period . During the six months Pro Medicus announced four key contract wins : ■ 11 September 2020 : New York University Langone ( A $ 25.0m , 7 - year contract ) , a tier 1 academic institution in New York