26 Apr Quarterly Activity Report & Appendix 4C

Australian Healthcare Software provider Global Health Limited (ASX: GLH) (“Global Health” or “Company”) is pleased to release its Appendix 4C Cash Flow Report for the quarter ending 31 March 2021 along with this Quarterly Business Activity Report.

 

Financial Highlights
  • March-21 Qtr. vs March-20 Qtr. (Previous Corresponding Period)
    • Customer Revenue of $2.260M up 17% on PCP Revenue of $1.904M
    • Net Profit After Tax of $580K up 24% on PCP NPAT of $467K
  • Positive operating cash flow of $486K in the March-21
  • Closing Cash balance of $1.129M as at 31-March-21
Business Activity
  • Implementations of MasterCare platform for the following new customers:
    • WA Mental Health Commission
    • Peninsula Health Network in Victoria
    • Wolper Jewish Private Hospital in New South Wales
    • Butterfly Foundation’s Wandi Nerida eating disorder recovery residential centre in QLD’s Sunshine Coast
    • Ballarat Community Health Service in Victoria

The demand for GLH products and services continues, as does a positive operating cash flow, with 5 major projects to deliver $750K in additional ARR.

The expansion of MasterCare with the CHR value-adds enable our customers to better engage with their patients, using online forms, online appointments, teleconsults, activity reminders and other community and social-engagement functionality. This assists with enhancing the patient experience and patient loyalty for our provider customers. Revenue derived from our CHR expansion platforms have grown by over 50% since June-20.

Read the full report here.

To find out more about Global Health Limited head to the ASX website. 

About the corporation

Global Health is an Australian public-listed company (ASX: GLH) with a comprehensive portfolio of healthcare software applications directed at “Connecting Clinicians and Consumers”.

Our digital health technology solutions are strongly focussed on patient engagement and connectivity across the sector.

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