Quarterly Activity Report & Appendix 4C

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.