Talius Group signs $1.65M deal with Adventist Retirement Plus
Key points
- Signed a 3-year $1.65M Statement of Work with Adventist Retirement Plus
- Adds two new Queensland facilities and expands existing rollout
- Expected to deliver $403,806 in contracted software revenue over three years
Full summary
Talius Group Ltd. (ASX: TAL) has signed a Statement of Work (SOW) with Adventist Retirement Plus (ARP) to deploy its Talius One platform across three Queensland facilities, valued at $1.65 million. The contract includes $403,806 in contracted software revenue over three years, equivalent to $134,602 in annual recurring revenue. The deployment includes nurse call, sleep monitoring, and Real-Time Location System (RTLS) solutions. The SOW covers two new deployments at Caloundra and Capricorn and a second stage at Victoria Point. The contract increases the total value of contracts secured with ARP during FY26 to approximately $3.0 million.
Guidance
Expected to deliver $403,806 in contracted software revenue over three years
Outlook
Talius expects deployment activities to commence during FY2026, with recurring software revenue to be progressively activated as each facility becomes operational.
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