Trading Update

• Expanded contract with Northern Care Alliance NHS Foundation Trust with a total contract value of $7.5M over 3 years.
• Expanded Health NZ - MidCentral contract to include Whanganui Hospital.
• FY27 contracted revenue of $50.0M, a 38% increase from the prior corresponding period.

Alcidion Group Ltd has released a trading update for the FY27 year to date, highlighting a strong performance with continued sales momentum and record contracted revenue. The company expanded its contract with Northern Care Alliance NHS Foundation Trust, moving from ExtraMed Flow products to Miya and adding sites across the Trust. The total contract value is $7.5M over 3 years, with $4.5M expected to be recognized in FY27. Additionally, the Health NZ - MidCentral contract expanded to include Whanganui Hospital. As of 30 September 2026, FY27 contracted revenue is $50.0M, up 38% on the prior corresponding period. The company also announced the launch of Miya Patient Administration, a modern, AI-enabled patient administration system. Integration of the Kyra flow products business is progressing well, with all transitional services brought in-house and cost synergies being delivered through FY27. Alcidion also announced an on-market share buy-back and share consolidation as part of its broader capital allocation framework.

FY27 contracted revenue of $50.0M, up 38% from prior corresponding period

Alcidion reconfirms its FY27 financial guidance for revenue and Underlying EBITDA to exceed FY26. The company is confident of securing further new customers and module expansions over the remainder of the year.