Some decent numbers in here. Online appointments in March exceeded 400,000, representing 100% growth on prior corresponding period. Over 400 practitioners have signed up for the telehealth platform service. These consultations only commenced in April so revenue won't be seen until the next report.
An uptick (albeit small) in usage fees and advertising revenue despite CV-19 impacts. The next phase of Medibank dental practices stalled (and Totally Smiles contract was postponed?) due to CV-19, otherwise ARR would have fallen in at predicted 5.5m. But at 27 April, this contract appears to be rolling again, which will flow through into Q4.
Net cash outflow expected to reduce to below $700k in Q4, which would mean a stable cash position and no CR until next year at the earliest.
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