An announcement from Austco Healthcare Limited ( (AU:AHC) ) is now available.
Austco Healthcare Limited’s subsidiary in Canada has secured its largest Software and Maintenance Agreement (SMA) contract, valued at AUD $1.02 million, with West Park Hospital in Toronto. This five-year agreement, starting in April 2025, emphasizes Austco’s strategic focus on expanding recurring software and service revenues, enhancing revenue predictability, and providing ongoing support and upgrades to its customers. The contract underscores the growing demand for Austco’s healthcare communication solutions and strengthens its position in the industry by aligning with its strategic growth initiatives.
More about Austco Healthcare Limited
Austco Healthcare Limited is an international provider of healthcare communication and clinical workflow management solutions. Headquartered in Australia, the company operates subsidiaries in six countries and supports healthcare facilities through a global reseller network. Austco Healthcare services markets in Australia, New Zealand, Canada, the UK, USA, Asia, and the Middle East, focusing on health, aged care, and acute care sectors.
YTD Price Performance: -7.14%
Average Trading Volume: 292,534
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$94.66M
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