HSC Report

A report i did on the 18th August.

About

• HSC Technology Group Ltd
• Shares on issue: 1,598,386,397
• Market Cap: 22,625,796
• Cash: 2,042,000
• Quarterly Spending: 296,000
• HSC Technology Group Ltd provides a range of connected health and smart home solutions.
• Aged-Health Care helps people with disabilities to live independently by detecting routines and anomalies
• Based in Hervey Bay, Australia

The HSC Home rangefocuses on home automation and smart home. HSC Home provides solutions forsecurity, safety and smart home capabilities, enabling people to independentlymanage their home environment from anywhere, anytime, in real time, and on anyscreen.

Comparison with others in the industry

Historic daily chart

3rdAugust

Partnerwith Harvey Norman Commercial Division NSW

• Makes HSC services available to HN commercial clients including builders, developers, architect and plumbers.
• HSC Managing Director, Graham Russell, confirmed the agreement would position HSC as one of the largest providers of home automation and telecare products in its field and potentially deliver another revenue stream for the Company.
• “More and more end users are demanding better home and care automation solutions and partnering with Harvey Norman Commercial NSW allows us to provide our products and services to a much larger market.”
• 3 year term with 2 year extension

21stJuly

• HSC Technology Group Ltd (ASX: HSC) has expanded its agreement with mobile and telehealth company G Medical Innovations Holdings Ltd (ASX: GMV) to offer G Medical’s Independent Diagnostic Facilities Testing (IDTF) type infrastructure and remote patient monitoring solutions in Australia and New Zealand.
• The expanded offering deliver to patients a more comprehensive service which can be utilised by hospitals, health insurance companies and independent practice organisations, and other operators for transitional care programs, allowing patients to return home earlier by using 24-hour remote patient monitoring.

30thJune

• Report for sales update
• Over 2700 active subscriptions generating revenue
• HSC has received further sales orders as part of the Master Services Agreement (MSA) signed in January with one of Australia’s largest not-for-profit, healthcare and independent living service providers, RSL Care RDNS Limited (trading as Bolton Clarke)

Disclaimer - this is not for a recommendation for anything towards the stock. it is information i have gathered from various sources for discussion.