Guidance Upgrade
Stock | Alcidion Group Ltd (ALC.ASX) |
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Release Time | 23 Jun 2025, 8:23 a.m. |
Price Sensitive | Yes |
Alcidion Upgrades FY25 EBITDA Guidance
- FY25 EBITDA guidance upgraded to exceed $4.5m (previously >$3.0m)
- Driven by contract upgrades, extensions, cost management, and favourable FX
- Continued new opportunities with existing and new customers
Alcidion Group Limited (ASX:ALC) has provided a trading update and upgraded its financial guidance for the full year ending 30 June 2025 (FY25). The company's FY25 EBITDA guidance has been upgraded and is now expected to exceed $4.5 million, up from the previous guidance of over $3.0 million. This upgrade is driven by progressive smaller contract upgrades and extensions, continued diligent cost management, and favourable foreign exchange movements. Alcidion CEO and Managing Director, Kate Quirke, stated that the business continues to perform strongly in FY25, which has enabled the company to upgrade its expected EBITDA for the full year. Deployments of Alcidion's Miya platform continue to build referenceability and a positive net return for its customers, who subsequently look to Alcidion for assistance in solving other challenges within the hospital ecosystem. Over the past few months, several customers, of varying size, have sought extensions or module upgrades, which has helped contribute to Alcidion's improved financial position. The company continues to see new opportunities, both with existing and new customers, providing confidence in the longer-term value proposition of Alcidion and its ability to address the critical challenges faced by hospital systems globally.
FY25 EBITDA expected to exceed $4.5 million (previously >$3.0 million)
Alcidion continues to see new opportunities, both with existing and new customers, providing confidence in the longer-term value proposition of the company and its ability to address the critical challenges faced by hospital systems globally.