SW1 0.00% 1.8¢ swift networks group limited

Ann: HFY: Major Contract Awarded for Aged Care Managed Services, page-3

  1. 1,958 Posts.
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    Hubify seem to be acting on behalf of SW1 in servicing HFY's clients with SW1's product.

    I guess SW1 will be giving away some of their margin, but if there are other clients in the pipeline, this is exactly what SW1 need. The aged care product is very high margin, I think, so these sorts of deals just drop straight to the bottom line. I had a quick look at HFY's corporate presentation from last year and it looks like the customer may be Hammond Care who have 22 sites in 4 states. Not huge but a good win nevertheless.
 
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