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Alcidion Group Highlights 

Share Performance Year To Date

Alcidion share price is up a massive 179% year to date. The shares are trading at 45c a share with a market capitalisation of $466million.

Q3 2020Q3 2021

  • Cash Balance$15.9m$15.3m
  • Receipts (TD)$13.1m$22.3m
  • Net Cash from /
  • used in operating activities-(1.22)m-(499)k
  • Q3 Sold Revenue to be recognised in FY2017.2m24.7m
  • Contracted Revenue + 5 Years41.6mn/a

ALC Acquires ExtraMed.

On the 15th of April 2021, Alcidion announced to the market that they have acquired ExtraMed. ExtraMed is a leading UK provider of patient flow management systems with nine of the NHS trusts, six of which are new customers for Alcidion.

Contracts with Department of Defence

Alcidion has been selected as part of a consortium to utilise their Miya Precision digital product to improve occupational care for the Australian Defence Force. The Contract has an estimated value of $21million and work may start this year.

Full source: https://prophet-invest.com/alcidion-group-alc-asx-up-a-massive-200-we-warned-you