Alcidion (ASX: ALC) AGM and Q1 FY 2025 Results
There was nothing much to celebrate arising from the Alcidion AGM and Q1 FY 2025 update.
Alcidion Group Ltd (ASX: ALC) is a medical software company specialising in patient flow software for hospitals. Basically, Alcidion’s Miya platform makes it easier for nurses to manage beds in wards, and ensures that the appropriate medico has assessed test results, and taken appropriate action. Alcidion can be seen as an important software partner for public healthcare systems such as Australia’s Medicare, and the United Kingdom’s NHS.
There was nothing much to celebrate arising from the Alcidion AGM and Q1 FY 2025 update.
The company says FY 2025 will be an improvement.
A seasonally strong fourth quarter tops off an incredibly disappointing FY 2024 for hospital workflow software stock Alcidion (ASX: ALC).
Was the dumpster fire sufficiently non-toxic to grow something valuable from the ashes?
Alcidion (ASX: ALC) would probably be worth more to an acquirer, than as a public company.
Yet another disappointing quarterly from Alcidion (ASX: ALC), as much needed contract wins fail to materialise.
Here are some of the small-cap Annual General Meetings coming up this month.
Alcidion (ASX: ALC) is raising capital due delays in NHS procurement.
Alcidion’s CEO Kate Quirke says “we have a very long runway ahead of us” and “at this stage I am confident.”
Alcidion’s cashflow is heading in the right direction but still no word on when to expect statutory profits.
NHS strikes are taking a toll on Alcidion’s sales cycle.
A couple of late payments (now received) contributed to disappointing cashflow for Alcidion, in Q2 FY 2023.
Alcidion is an unprofitable healthcare software stock, and Duratec is a low margin contractor. But both companies are winning new contracts.
PWR Holdings results, Objective
results, Alcidion results, Lovisa results and Laserbond results were all strong in FY 2022.
These two med-tech stocks are still fairly high risk, but they are approaching the profitability inflection point, and have long term tailwinds supporting the businesses.
The Alcidion (ASX: ALC) is flat today as the company reports weaker operating cash flow due to acquisition expenses.
The drop in recurring revenue means that the company is lower quality than I had previously believed.
Alcidion (ASX:ALC) is bolstering its product offering with its acquisition of Silverlink Software. What does it mean for shareholders?
The Alcidion share price is up around 10% after it confirmed its largest ever contract win, worth at least $23 million.
Some stocks have high multiples and higher growth rates, others have lower multiples and lower growth rates. Here’s how I decided which one to choose.