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Alcidion Secures $13.1M in Q2 Sales, Eyes EBITDA Positivity in FY25

8:22am on Thursday 30th of January, 2025 AEDT Healthcare Technology
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Alcidion Secures $13.1M in Q2 Sales, Eyes EBITDA Positivity in FY25

8:22am on Thursday 30th of January, 2025 AEDT
Key Points
  • Q2 new sales total $13.1 million with $4.5 million revenue expected in FY25
  • Operating cash outflow improved to $0.26 million, a $3.1 million gain over Q2 FY24
  • Contracted revenue at $30.8 million excluding pending North Cumbria deal
  • Cash balance stands at $7.7 million with zero debt
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