Company Interview / Another 'healthy' contract win for this small-cap

Kate Quirke, CEO of Alcidion (ASX: ALC) discusses its recent achievements and expansion plans. Alcidion (ASX: ALC) secures a $3.7M contract with Peninsula Health in Victoria for their Maya Precision platform, which consolidates data to support decision-making in healthcare.

Kate emphasises the importance of these contracts in building recurring revenue. Health contracts, lasting 10-20 years, steadily boost Alcidion's (ASX: ALC) income. Despite post-Covid challenges, Kate sees growth opportunities through new tenders and expects improved financial performance.

Expanding in Australia, New Zealand, and the UK, Alcidion (ASX: ALC) ventures into new markets such as Canada. The Maya Precision platform, incorporating AI, aims to improve healthcare efficiency by reducing administrative burdens. Alcidion leverages AI, empowering clinicians while maintaining their role in decision-making.