In Q1 Kait said "we remain confident in our ability to meet our expected target of being cashflow and EBITDA positive in FY23". As the year progressed she has stated that "delays in procurement outside of Alcidion's control" will have an impact on this. These delays do not seem to be impacting the bigger players such as Cerner and Epic who have signed a number of large contracts this year. It will be interesting to see the market reaction if Kait has to move the goal posts again next FY. Good luck to all holders.
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