Careteq Ltd. · ASX:CTQ
Careteq — ShareCafe Webinar April 2023
15 slides from Careteq's conference presentation, Apr 21, 2023
Slide 1: ShareCafe Presentation
ShareCafe Presentation April 2023 Constant Care, Everywhere
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices This presentation has been prepared by Careteq Limited ACN 612 267 857 (Company). It contains general implied, as to the accuracy, completeness, likelihood of achievement or reasonableness of any Forward background information only which is current at the date of thi
Slide 3: Company Overview
Company Overview AN AUSTRALIAN COMPANY WITH A FOCUS ON HEALTH AND AGED CARE CARETEQ has developed a comprehensive SaaS-based solution and is an early mover in the rapidly growing Assistive Living Technology sector. SaaS Based Solutions Strong Value Proposition Market Matrix* Solutions targeting acut
Slide 4: Business Model
Business Model DEFENSIVE GROWTH BUSINESS Category Assistive Living Tech Medication Management Solution Sofihub Ward MM & Strong Care Description Cloud-based platform that connects a rangeJoint VentureMM: provides medication WDDard of smart sensors (e.g. falls detection, smart management services (RM
Slide 5: Medication Management JV
Medication Management JV STRAGETIC BENEFITS FOR CARETEQ The transaction is forecast to: Careteq has merged its Ward MM Improve profitability & productivity of Careteq business with Mederev in a JV (via non- Operating efficiencies circa +35% (from improved utilisation rates, cash transaction) to cr
Slide 6: Strong Care & Ward MM
Strong Care & Ward MM SYNERGISTIC GROWTH + Digital Medication Management System Medication Management Services Strong Care has secured 3 Registered Aged Care JV is a key contributor to the Group’s 1HFY23 Facility clients since its launch in August 2022 revenue growth Submitted 8 proposals with
Slide 7: The Sofihub Ecosystem
The Sofihub Ecosystem CLOUD-BASED PLATFORM + SMART SENSORS Unique Scalable AI-enabled SaaS platform that enables Radar Sensing big data capture and enhanced granularity Technology Constant real-time stream of multiple data variables delivering broad detail on activities and occurrences Wearable
Slide 8: Sofihub Continues to Gain Traction
Sofihub Continues to Gain Traction POSITIVE GROWTH OUTLOOK Growing Pipeline & Accelerating Conversions Sales Pipeline by Geography Number of Sofihub Subscribers (US & Aus) No. 200 No. 180 4500 160 4000 140 Won 41% 3500 120 Neg 3000 100 Proposals 59% 2500 80 Trials 2000 60 Demos 1500 40 Leads 1000 20
Slide 9: Sofihub Approaching Inflection Point
Sofihub Approaching Inflection Point CONTRACT WINS & LONG REVENUE TAIL Growing Pipeline & Accelerating Conversions (US & Aus) No. Pipeline continues to grow with number of revenue generating active 200 partners for Sofihub jumping to 34 in April (2QFY23: 22, 1QFY23: 8) 180 160 8 of the 34 revenu
Slide 10: U.S. Customer Snapshot
U.S. Customer Snapshot ON THE CUSP OF MAJOR CONTRACTS An example of how Careteq is targeting significant growth opportunities through B2B partners The distributor introduced Careteq secured a contract Careteq to one of the largest with a leading US distributor independent and assisted to Aged Care f
Slide 11: More Room for Sales Pipeline to Expand
More Room for Sales Pipeline to Expand DISRUPTING THE AGED & DISABILITY CARE SECTORS AUS/NZ • CARETEQ’s Assistive Living $22.7b $995m Technology platform and solutions TAM SAM are gaining momentum in Australia and the US TAM: Total Addressable Market • Increasing need to improve the GLOBAL standard
Slide 12: Additional Growth Opportunities
Additional Growth Opportunities NEW MEDIUM-TERM DRIVERS Domestic Violence Lone Worker Market Hospital-in-the-Home Working with SiTa Foundation in Initial sales of TEQ-Secure safety Hospital-in-the-Home is growing the US combating domestic pendants via existing channel rapidly in Australia and
Slide 13: Positive Outlook
Positive Outlook FOR FY2023 Growth Growth Options 1HFY23 revenue up 36% Multiple near-term growth and EBITDA jumped 39% drivers (including new over PCP markets) to build scale in Australia and internationally Momentum Prospective Customers More growth expected Sofihub subscriber growth as fundamenta
Slide 14: Deep Experience in Health Care
Deep Experience in Health Care BOARD DIRECTORS Mark Simari Alex Boyd Brett Cheong Stephen Munday Executive Chairman Executive Director / COO Non-Executive Director Non-Executive Director Over 15 years’ Board experience Over two decades of experience Over 40 years of background Over 40 years business
Slide 15: THANK YOU
THANK YOU MARK SIMARI Executive Chairman mark.simari@careteq.com.au BRENDON LAU Investor Relations brendon@vantagepointpartners.com.au CORPORATE ADDRESS CARETEQ Level 10 99 Queen Street Melbourne 3000