News: Global Health MD Mathew Cherian discusses recurring revenue at Investor Forum

Global Health's (ASX:GLH) managing director outlined to investors in Melbourne this week the company's revenue generating e-health software applications.

Currently 95% of GLH's revenue comes from healthcare clients, with software licences and recurring subscriptions between 70% to 80% of total revenue.

GLH's business model is to connect clinicians and consumers, through a combination of on-premises and cloud applications across healthcare segments.

FULL PRESENTATION HERE


FY-14 Highlights

- Group Revenue up 16% to $5.25M
- EBITDA up 43% to $1.66M
- NPAT up 32% to $1.44M
- EPS (Adj) up 23% to 4.4 cents per share
- Cash at Bank up 35% to $1.11M
- Cash + net receivables up 72% to $951K


Looking Forward

- Increase cloud deployment
- Access Global Marketplace for both Supply & Sales
- Increase customer value by bundling
- Engage consumers for “healthcare and wellness” not just “sick care”
- Open Cloud architecture to encourage collaboration and “add-ons”