Q2 2023 had new contracts $16.8 million
Q3 2022 had new contracts $12.5 million
We need new contracts of at least $15 million for Q3 2023 or we are losing momentum and I could see the sp going sub 10c.
I gather ALC have to announce new contracts over 10% of revenue ie $3.4 million so we can assume that as yet we haven't won any big EPR contracts and no validation of the Silverlink acquisition 15 months ago ( I dont see the Southampton hospital contract of $2.8 million validating Silverlink as suggested by Kate) Some of these EPR contracts are $100 million to $155 million over 10 years, are we really able to compete in that market ? I think we are a long way off and need to partner with the likes of Cerner.
My fingers are crossed for this weeks Quarterly results but to be honest I think we are going to be disappointed. Still time for a Big Announcement before Thursday !
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