MedPal AI (LON: MPAL), the AIM-listed digital health and pharmacy group, saw its shares jump over 20% today after an August trading update showed revenue at its GLP-1 weight-loss clinic New Health up 809% month-on-month.
The shares traded as high as 6.5p in early dealing, last changing hands at 6.22p, up from Friday’s close of 5.2p, on volume of more than 34 million shares. That leaves the stock still well below its 52-week high of 11p, against a 52-week low of 2p.
In an RNS published this morning, MedPal said New Health generated £1.83m in its first full month of trading, from 14,487 orders, up from £201,203 in July and £15,496 in June. The company said the clinic has attracted more than 16,000 customers since its June launch, growth it described as organic rather than acquisition-driven.
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The figures took the group’s overall annualised revenue run-rate, monthly revenue multiplied by twelve, to roughly £28m, up from about £8.6m in July and £5m in June, just ten months after MedPal’s dispensing operations started from zero in October 2025. Jason Drummond, founder and chief executive of MedPal AI, said: “August was the month it all came together. Revenue is up again, New Health delivered £1.8 million in its first full month, and more than 16,000 new customers have come to us in a matter of weeks, far exceeding our expectations.”
MedPal is a small, loss-making company with a market capitalisation of around £40.5m, and today’s figures are unaudited management estimates rather than a forecast. The stock has shown a pattern of sharp, RNS-driven monthly rallies since listing, making today’s move an extension of that trend rather than an isolated event.
