Careteq Ltd. · ASX:CTQ
Careteq — Shareholder Meeting (November 2022)
19 slides from Careteq's shareholder meeting presentation, Nov 29, 2022
Slide 1: Careteq Limited 2022 Annual General Meeting Presentation
Careteq Limited ACN 612 267 857 Level 10, 99 Queen St Melbourne 3000 info@careteq.com.au Phone: 1300 110 366 International: +613 8866 5594 29th November 2022 For personal use only The Manager Market Announcements Platform Australian Securities Exchange Limited CARETEQ LIMITED 2022 ANNUAL GENERAL MEE
Slide 2: AGM Presentation November 2022
For personal use only AGM Presentation November 2022
Slide 3: Disclaimer and Important Notices
Disclaimer and Important Notices This presentation has been prepared by Careteq Limited ACN 612 267 857 (Company). It contains general Statement contained in this presentation. Except as required by law or regulation, the Company assumes no background information only which is current at the date of
Slide 4: Company Overview
Company Overview AN AUSTRALIAN COMPANY WITH A FOCUS ON HEALTH AND AGED CARE For personal use only Unique Radar Sensing Technology CARETEQ has developed a comprehensive SaaS-based solution and is an early mover in the rapidly growing Assistive Living Technology sector. Wearable beacon for CARETEQ’s V
Slide 5: 2022 Year of Accomplishments
2022 Year of Accomplishments POSITIONING FOR A STEP-CHANGE IN GROWTH For personal use only 2022 2023 Collaboration Maiden Signs 15-yr Pipeline for Wins first Expands with RMIT revenue from Exclusive Sofihub & Strong Care Sofihub Uni for new US market Agreement Strong Care Customer ecosystem innovati
Slide 6: Our Results
Our Results MOMENTUM BUILDING For personal use only Revenue FY22 was a foundation year for the Group following its FY22 operating revenue jumped to 502% to listing on the ASX in January 2022 $4.4m and subscriber base lifted 25% to ~3,500 Stable Bottom Line FY22 FY21 Comments Net loss only increased
Slide 7: Solid Performance from Ward MM
Solid Performance from Ward MM FURTHER GROWTH IN FY2023 For personal use only Market Leading Medication Management Business – Ward MM ▪ Largest medication management database in Australia with 350+ residential aged care (RAC) facilities and 34,000+ beds ▪ Acquired by Careteq in August 2021 ▪ 3-year
Slide 8: Expanding Pipeline of Opportunities
Expanding Pipeline of Opportunities REACHING FOR FY2023 INFLECTION POINT For personal use only Active Opportunities by Industry (US & Australia) Sales Pipeline by Geography Careteq's Sales Pipeline (US & Australia) 7% 11% Facilities 29% Retail/Distribution 40% 6 Months plus Services Provider 60% Non
Slide 9: Latest Developments
For personal use only 8 Latest Developments
Slide 10: Exclusive Agreement: SensorsCall
Exclusive Agreement: SensorsCall EXTENDING THE SOFIHUB ECOSYSTEM For personal use only Exclusive Agreement Know if they’ve left the Check that they are house or just got up and about during Careteq signs exclusive Australian agreement with US-based home the day SensorsCall.Inc for the Carer Light ho
Slide 11: Strong Demand for Strong Care
Strong Demand for Strong Care PUSH-PULL GROWTH FACTORS FOR DIGITAL MEDICATION MANAGEMENT For personal use only Most RACSs are still Strong Care Assistive living Funding using paper-based tech solutions systems Careteq signed first Strong Government funding* Care client (360-bed facility) applies to
Slide 12: First Data Flow Agreement
First Data Flow Agreement VALUE IN CARETEQ’S BIG DATA For personal use only Ward MM Database A global pharmaceutical is paying to access Ward MM medication database for a one-off study New Opportunities The study is to evaluate utilisation of recommended National Immunisation Program vaccines Intrin
Slide 13: SiTa Foundation Update
SiTa Foundation Update The SiTa Foundation is a non-profit PROGRESSING TOWARDS TRIALS For personal use only organisation, based in the United States, that prepares victims of violence Prototype SiTa Founder to rise up against repeated abuse by SOS device prototype ready for SiTa is founded by Jo Nat
Slide 14: Outlook
For personal use only Outlook
Slide 15: Springboard into FY2023
Springboard into FY2023 POSITIONING FOR A STEP-CHANGE For personal use only FY23 Inflection Point • Expecting improved results in FY23 despite Careteq Listed on the ASX in Jan 2022 slowdown in sales process post-pandemic • Rapid expansion in sales pipeline with 165 FY22 Foundation Year active opport
Slide 16: Key Earnings Drivers
Key Earnings Drivers DEFENSIVE INCOME WITH MULTIPLE GROWTH DRIVERS For personal use only Subscriptions Contracted Revenues Future Growth SiTa Foundation Project SofiHub Subscriber Growth Strong Care Ward MM • Potential to add significant number of • Growing demand for Assistive Living Tech • Strong
Slide 17: Deep Experience in Health Care
Deep Experience in Health Care BOARD DIRECTORS For personal use only Mark Simari Alex Boyd Brett Cheong Stephen Munday Executive Chairman Executive Director / COO Non-Executive Director Non-Executive Director Over 14 years’ Board experience Over two decades of experience Over 40 years of background
Slide 18: Summary
Summary POSITIVE OUTLOOK FOR 2023 & BEYOND For personal use only Growth Growth Options FY23 inflection year with Multiple near-term growth potential step-change in options (including new growth markets) to build scale in Australia and internationally Momentum Prospective Customers Growth momentum Hi
Slide 19: Thank You
For personal use only Thank You MARK SIMARI Executive Chairman mark.simari@careteq.com.au BRENDON LAU Investor Relations brendon@vantagepointpartners.com.au CORPORATE ADDRESS CARETEQ Level 8 525 Flinders Street Melbourne 3000 18