Careteq Ltd. · ASX:CTQ
Careteq — Shareholder Meeting (November 2023)
18 slides from Careteq's shareholder meeting presentation, Nov 30, 2023
Slide 1: Careteq Limited 2023 Annual General Meeting Results
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 30 November 2023 The Manager Market Announcements Platform Australian Securities Exchange Limited CARETEQ LIMITED 2023 ANNUAL GENERAL MEETING RESULTS Careteq Lim
Slide 2: AGM Presentation: Constant care, everywhere
For personal use only AGM PRESENTATION Constant care, everywhere November 2023
Slide 3: AGM agenda
AGM agenda Executive Chairman presentation Careteq overview For personal use only Updates Group priorities and outlook MARK SIMARI Executive Chairman • Over 15 years’ Board experience in a diverse range of organisations. • Former Managing Director and Co-Founder of Paragon Care (ASX: PGC) (between 2
Slide 4: Company overview
Company overview For personal use only Assistive Medication Living Management Technology Services Recurring SaaS offering SOFTWARE: SERVICES: complemented SOFIHUB SAAS PLATFORM EMBEDDED HEALTH SOLUTIONS by profitable services Platform that connects best of breed Medication management services throug
Slide 5: Careteq closing in on cashflow breakeven inflection point
Careteq closing in on cashflow breakeven inflection point (15K+ subscriber target in FY24). More room for growth... AUS/NZ GLOBAL Leveraged For personal use only $22.8B $998M $1.1T $32.0B to large TAM 2 SAM 2 TAM SAM global markets ...driven by multiple tailwinds Aged and disability care Ageing Popu
Slide 6: Assistive Living Technology
For personal use only Assistive Living Technology AGM Presentation | 5
Slide 7: SaaS Platform
SaaS Platform Scalable SaaS platform that provides critical data and AI-powered insights from best of breed hardware Sofihub For personal use only Real-time Data Constant real-time stream of multiple data variables delivering broad detail on Ecosystem activities and occurrences Easy Access Can be ac
Slide 8: Sofihub operational update
Sofihub Sofihub subscribers 8,000 Operational update For personal use only +102% INCREASE 7,000 +60% INCREASE Momentum continues with sticky 6,000 customers and a robust pipeline 5,000 Pipeline Outlook On track to reach 15,000+ SaaS 4,000 Robust pipeline of channel partners in Australia and the US,
Slide 9: Embedded Health Solutions
For personal use only Embedded Health Solutions Medication Management Services AGM Presentation | 8
Slide 10: Medication management
Medication For personal use only management Unlocking profit and growth Strategic rationale for merger Cross-selling Strong Position CARETEQ MERGED ITS WARD MM Careteq has the ability to cross- Merged business is in a strong position to BUSINESS WITH MEDEREV into a JV (via sell Sofihub platform solu
Slide 11: EHS operational update
EHS operational update Strategic JV to significantly boost profitability and productivity For personal use only OPERATIONAL UPDATE OUTLOOK EHS is benefiting from greater economies of scale and cross-selling opportunities (additional 22k beds). Dominant post-merger market position: $0.9M EHS business
Slide 12: Group priorities and outlook
For personal use only Group priorities and outlook AGM Presentation | 11
Slide 13: Group FY2023 result highlights
Group For personal use only FY23 FY22 CHANGE FY2023 result highlights TOTAL GROUP REVENUE $6.4m $5.2m +23.1% FY23 was an important year in laying a solid foundation to drive further EBITDA ($3.5m) ($4.1m) +14.6% revenue growth and build towards profitability. The Company saw rapid expansion in its A
Slide 14: Group priorities and outlook update
PRIORITY 1: PRIORITY 2: Reduce costs and extend runway Grow Sofihub subscribers Update: Successfully raised capital and to 15,000+ in FY24 (initial target) reduced operating cash outflows to Update: Momentum gathering with over c.$550k / quarter from c.$850k / quarter 7,000 subscribers (once onboard
Slide 15: Additional growth opportunities
Lone Worker Market For personal use only Initial sales of TEQ-Secure safety pendants via existing channel partner Early customers include Transport Accident Commission (TAC) and Hospital-in- New Products Department of Health the-Home Global lone worker safety market Currently evaluating Hospital-in-
Slide 16: Board of directors
Deep experience in health care For personal use only Board of 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 in Over two decades of experience in Over 40 years of ba
Slide 17: Disclaimer and Important Notices
Disclaimer and Important Notices For personal use only AGM Presentation | 16
Slide 18: Thank You
For personal use only Thank You SAMANTHA THOMPSON MARK SIMARI CORPORATE ADDRESS Investor Relations Executive Chairman CARETEQ, Level 10, 99 Queen Street samantha.thompson@careteq.com.au mark.simari@careteq.com.au Melbourne, 3000 AGM Presentation | 17