SP has been suppressed for a while now, as expectations haven’t been met. Revenue has been a slow grind with a 30% lag on licences signed vs implementation. ( no revenue till implementation). The market is starting to wake up to the huge potential of this product. With aged care a backbone of core revenue, the unmet behemoth of revenue is on the cusp of realisation. World wide release of, to name a few. Kids App ( parents, clinical, gps, schools, preschools etc) Disabled Hospital ( Triage, inpatient, out patients pre and post procedures and follow up) Pharmacy and GP. This has all been in the background while focus has been on perfecting core and future apps. The company is close to reaching breakeven on operations in Australia and UK, but with expansion into new markets, ie USA, Europe, Japan associated costs with additional personnel and business costs breakeven is a long way off. The all round positive feedback and care home user success , the volume of data and development of additional revenue streams , the company is moving in all the right directions. Those whom have been patient will be rewarded. DYOR. AIMO
PCK Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
