MEDSCAPE EDUCATION GLOBAL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. In forming their view, the directors have considered the Group's prospects for a period exceeding twelve months, from the date the financial statements were approved. The directors have sought and received assurance from the directors of the parent company, MH Sub I, LLC (trading as Internet Brands), that they will continue to provide support for a period of not less than 12 months from the date of the approval of the Directors' Report. The directors have prepared and stress tested cashflow forecasts for a period exceeding 12 months from the date the financial statements have been approved. The directors have assessed economic factors such as inflation, energy prices and cost of living crisis on the current and forecast position of the Group. Based on forecasts and assessment of other factors carried out by the management, the directors confirm that they are satisfied that the Group and the Company has adequate resources to meet its liabilities as they fall due even when stressed to reasonable worst case scenarios. For this reason, they continue to adopt the going concern basis for preparing the accounts.”

Group structure

1. MEDSCAPE EDUCATION GLOBAL LIMITED · parent
   1. Aptus Health International France SAS 100% · Paris, France · provides services exclusively to the WebMD group

Significant events

• “A strategic business decision has been taken by the wider WebMD group to contract future revenues via a newly created Swiss entity rather than via Medscape Education Global Limited. A decrease in revenues in future Medscape Education Global Limited's financial statements is therefore inevitable.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -31.6%

  £16,672,242 → £11,407,119

• Cash

  +140.8%

  £973,376 → £2,344,165

• Net assets

  +3.3%

  £3,882,637 → £4,008,902

• Employees

  -11.9%

  42 → 37

• Operating profit

  -15.4%

  £452,128 → £382,375

• Profit before tax

  -20%

  £452,128 → £361,828

• Wages

  -12.7%

  £3,219,536 → £2,811,099

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers