ALC 0.00% 7.3¢ alcidion group limited

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    https://thebull.com.au/18-share-tips-8-november-2021/



    18 Share Tips – 8 November 2021

    AuthorANTHONY BLACK 07 Nov 2021



    Jean-Claude Perrottet, Medallion Financial Group

    BUY RECOMMENDATIONS

    Alcidion Group (ALC)


    ALC provides a suite of software products, with the objective of lifting efficiencies in hospitals. The company generated revenue of $25.9 million in fiscal year 2021, a 39 per cent increase on the prior year. Contracted revenue to be recognised in fiscal year 2022 was $17.2 million at the end of the first quarter, a 17 per cent increase on the prior corresponding period. Solid results amid possible future acquisitions are encouraging.
 
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