Could this be the 1st profitable half EVER for this company.......good time to become the CEO and CFO
The outlook was not great given they flagged FY2024 in their pathway to profitability, but the best time to start is right now (yes probably still a lot of costs in digitising the US business and also standardising the platform etc, but they got a pretty decent cash inflow last quarter so they can try to fast track that).
Incidentally, spoke to a couple of pharmacists a few weeks ago and both said that parts of the app is really useful, but they both said they can do a lot more. Also both were pleasantly surprised at how cheap the cost was......if I can't make the call, I hope someone asks the question (with ~80-90% of the market in Australia, why can't they make money!!!).
Also was told that the guild app was useless, but at a minimum the purchase took out a competitor and you'd have to think that MDR in Australia are a default to discuss anything digital in relation to medication/users.
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