Sale of Corum Pharmacy Software business

• Sale of Pharmacy Software business for total potential consideration of $6.25 million plus

earnout payments

• PharmX growth opportunity enhanced as an independent technology provider

• Potential capital management options to be considered

The business is being aquired by Jonas, which is another operating entity owned by Constellation Software.

With this, and the Fred IT legal cost settlement, the company is certainly cash rich (~ 20m), and is effectively only about PharmX now.

Given the current market cap, it looks like you're getting PharmX for not much at all, even if it is only a slow and steady grower.

Advantage Corum after the release of the Victorian Supreme Court judgement over PharmX, but the market hasn't quite cottoned on yet. Perhaps an appeal is expected? That will drag things along further.

Steady numbers, and an improved cash position.

Hopefully they have laid the foundations and can land some big wins for the remainder of FY22.