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Medpal AI raises £5 million as revenue run rate increases

Medpal AI ($MPAL) conditionally raised £5 million before expenses through the issue of 100 million shares at 5 pence each. The company also reported an annualized revenue run rate above £35 million, compared with £28 million in its previous monthly update. The new shares expand funding capacity but also increase the share count for existing holders. Its New Health clinic generated more than £1.5 million in revenue and processed over 12,000 orders during the first 19 days of the current month. Pr

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MedPal reports £1.83m of August New Health revenue; £28m annualised figure is not a forecast

MedPal AI published an August trading update on 7 September 2026. Reported activity New Health generated £1,828,319 revenue from 14,487 orders in August, its first full month of trading after marketing began in July. That compares with £201,203 in July, an increase of approximately 809%. The company reports 16,051 purchasing customers from launch through 31 August. Run rate versus revenue Across its three revenue streams, management describes an approximately £28m annualised run rate. This is th

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