Slide 1: Half-Year Results Presentation February 2022
For personal use only Delivering best-in-class technology solutions for health and aged care HALF-YEAR RESULTS PRESENTATION FEBRUARY 2022
Slide 2: Disclaimer and Important Notices
D I S C L A I M E R A N D I M P O R TA N T N O T I C E S This presentation has been prepared by Careteq Limited ACN 612 267 857 (Company). It contains general background information only which is current at the date of this presentation unless otherwise specified. It contains selected summary inform
Slide 3: Company Overview and Market Metrics
For personal use only C O M PA N Y O V E R V I E W M A R K E T M AT R I C S * Careteq is an early mover in the rapidly growing Assistive Living Technology Careteq (ASX: CTQ) listed on the Australian sector that’s developed a comprehensive SaaS-based solution Securities Exchange on 10 Jan 2022 ▪ Care
Slide 4: HFY Results Highlights
1 H F Y 2 0 2 2 R E S U LT S H I G H L I G H T S For personal use only 1HFY22 1HFY21 ▪ Interim revenue jumps >6 times to $1.9m due to SaaS Subscriptions $96,948 $9,216 Ward MM acquisition and sharp increase in active Hardware Sales $216,556 $233,336 SaaS platform users Ward MM sales+ $1,576,118 - ▪
Slide 5: Business Model
BUSINESS MODEL For personal use only Defensive and growing income from three primary revenue streams Hardware Sales SaaS Subscriptions Contractual Revenue ▪ Sales of devices for safety, vital sign ▪ Users/carers can control and manage ▪ Medication Management (MM) reviews monitoring, medication adher
Slide 6: Growth Strategy
G R O W T H S T R AT E G Y For personal use only Sales & Marketing Product development International Expansion M&A 1. Expand sales and marketing 1. Continue investment in R&D to 1. Focus on key channel and 1. Explore organic and inorganic team into all major capital cities develop new products / sys
Slide 7: Overview of Careteq's Solutions
For personal use only OVERVIEW OF CARETEQ’S SOLUTIONS
Slide 8: The Sofihub Platform
T H E S O F I H U B P L AT F O R M For personal use only Unique Radar Sensing Technology Sofihub is a proprietary cloud-based SaaS platform that is scalable and seamlessly integrates into best-in-class solutions. The platform provides a real-time monitoring Wearable beacon for Vital Signs environmen
Slide 9: Solutions Powered by Sofihub
SOLUTIONS* POWERED BY For personal use only Vital signs monitoring Hospital in Assistive Assistive living living tech Personal security and Medication Falls Fallsdetection detection Hospital the in the home home tech solutions in aged care solutions domestic violence management Home * Eazense ** Sma
Slide 10: Business Update
For personal use only B U S I N E S S U P D AT E
Slide 11: Gaining Share in the Australian Market
GAINING SHARE IN THE AUSTRALIAN MARKET For personal use only Additional Enterprise Agreements Signed in Feb 22 NDIS Partnership Opportunities Baptist Care ▪ Careteq is in late-stage negotiations with several NDIS ▪ Over 160 Facilities with 17,000 clients providers ▪ Signed exclusive agreement to pro
Slide 12: The SiTa Foundation Opportunity
The SiTa Foundation is a non-profit T H E S i Ta F O U N D AT I O N O P P O R T U N I T Y For personal use only organisation, based in the United States, that prepares victims of violence to rise up against • Working in partnership with SiTa Foundation to develop hardware device repeated abuse by em
Slide 13: International Expansion - Secured Foothold in US$32B Market
I N T E R N AT I O N A L E X PA N S I O N - SECURED FOOTHOLD IN US$32B MARKET For personal use only ▪ Initial sales through US channel partners in 1HFY22 of $107k ▪ International sales expected to continue to grow ▪ Close to securing additional agreements with other large channel partners in the US
Slide 14: Growth in the Medication Management Business
G R O W T H I N T H E M E D I C AT I O N M A N A G E M E N T B U S I N E S S For personal use only MARKET LEADING MEDICATION MANAGEMENT BUSINESS – WARD MM ▪ Ward MM contributed $1.6m to 1HFY22 Group ▪ Largest medication management database in Australia with 350+ Revenue residential aged care (RAC) f
Slide 15: New Offering for Hospital-in-the-Home Market
N E W O F F E R I N G F O R H O S P I TA L - I N - T H E - H O M E M A R K E T For personal use only ▪ Hospital in the Home is growing rapidly in Australia and presents a new significant opportunity for Careteq ▪ Careteq is in discussions with prominent healthcare groups within Australia ▪ Logical e
Slide 16: Outlook & Growth Drivers
For personal use only OUTLOOK & GROWTH DRIVERS
Slide 17: Positive Outlook for 2022
POSITIVE OUTLOOK FOR 2022 For personal use only Multiple near-term growth options to Modest 15k subscribers needed for add scale in Australia and Group to reach cash flow breakeven internationally on “as is” basis Management expecting to Growth momentum from last year deliver further growth in FY22
Slide 18: Large Growing Market for Assistive Living
LARGE GROWING MARKET FOR ASSISTIVE LIVING • Careteq’s Assistive Living Technology platform and solutions are gaining momentum in For personal use only Australia and the US • Increasing need to improve the standard of care for the elderly and disabled, chronic staff shortages and funding blowouts are
Slide 19: Tailwinds from Aged Care Royal Commission Recommendations
TA I L W I N D S F R O M A G E D C A R E R O YA L C O M M I S S I O N R E C O M M E N D AT I O N S For personal use only Royal Commission into Aged Care Quality and Safety – Final Report released February 2021, with 148 recommendations to transform the future of aged care Promote use and development
Slide 20: Cross-Selling: Synergies Between Assistive Living Tech and Medication Management
For personal use only CROSS-SELLING: SYNERGIES BETWEEN ASSISTIVE LIVING TECH AND M E D I C AT I O N M A N A G E M E N T ▪ Large medication management customer database provides cross/up- selling and new market opportunities ▪ Greater automation opportunity for medication management solutions by inte
Slide 21: Board & Management
BOARD & MANAGEMENT For personal use only MARK SIMARI PETER SCALA ALEX BOYD BRETT CHEONG STEPHEN MUNDAY Non-Executive Chairman Managing Director / CEO Executive Director / COO Non-Executive Director Non-Executive Director • Over 12 years’ Board • 25 year’s experience within • Over two decades of • Ov
Slide 22: Thank You
THANK YOU For personal use only MARK SIMARI PETER SCALA Non-Executive Chairman Managing Director / CEO mark.simari@careteq.com.au peter.scala@careteq.com.au BRENDON LAU Investor Relations brendon@vantagepointpartners.com.au CORPORATE ADDRESS CARETEQ Level 10 99 Queen Street Melbourne 3000 22