Fernbank Health
On planCommunity diagnostics network running imaging and pathology clinics under contract to regional health systems.
Healthcare ServicesSeries CUnited KingdomInvested Jul 11, 2019Lead: Isabella
Next board meeting
Wed, July 29
in 1 day
Status rationale: Contract renewals completed on schedule and utilisation is holding above plan across all six sites.Updated Jul 19, 2026
ARR
£21.4m
Budget: £20.8m+3%
ARR Growth
11.0%
Budget: 10.0%+10%
Cash Balance
£9.2m
Budget: £8.8m+5%
Net Burn
£0.2m
Budget: £0.2m-14%
Runway
48.4 mo
Budget: 40.0 mo+21%
Gross Margin
41.0%
Budget: 40.0%+3%
Net Revenue Retention
106.0%
Budget: 104.0%+2%
Churn
2.8%
Budget: 3.2%-13%
Pipeline Value
£11.3m
Budget: £10.6m+7%
ARR Trend (last 5 quarters)
- £17.9mQ2 25
- £18.8mQ3 25
- £19.7mQ4 25
- £20.6mQ1 26
- £21.4mQ2 26
Metrics
Actuals vs plan, with extraction confidence.
| Metric | Value | vs. plan | Confidence |
|---|---|---|---|
| ARR | £21.4m | On plan | 91% |
| ARR Growth | 11.0% | On plan | 87% |
| Cash Balance | £9.2m | On plan | 94% |
| Net Burn | £0.2m | On plan | 81% |
| Runway | 48.4 mo | On plan | 73% |
| Gross Margin | 41.0% | On plan | 43% |
| Net Revenue Retention | 106.0% | On plan | 55% |
| Churn | 2.8% | On plan | 50% |
| Pipeline Value | £11.3m | On plan | 38% |