Why the Doctor Care Anywhere (ASX:DOC) share price is up 62% since December

The Doctor Care Anywhere Ltd (ASX: DOC) share price failed to continue its positive run on Thursday despite the release of a strong full year result.

The telehealth company’s shares ended the day flat at $1.30.

Despite this, the Doctor Care Anywhere share price is up over 62% since its IPO in December.

How did Doctor Care Anywhere perform in FY 2020?

For the 12 months ended 31 December, the company reported a 102% increase in revenue to 11.6 million pounds. This was 5.8% ahead of its prospectus forecast.

Management advised that its strong revenue growth was driven by a 306% increase in consultations through its platform and a 199% increase in…