Daily Roundup

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Beamtree Expands into UK with NHS Confederation Partnership

Beamtree Holdings Ltd (ASX: BMT), a leader in healthcare analytics and benchmarking, is making a substantial commitment to the UK market through a strategic partnership with the NHS Confederation. The new 5-year Evolve Collaborative aims to replicate Beamtree's successful membership model within the NHS hospital sector in England, Wales, and Northern Ireland.

Under the agreement, Beamtree will invest approximately AUD$1.5 million over the next two fiscal years to establish the Evolve platform. Member hospitals will pay an annual fee of £50,000 to access Beamtree's analytics and benchmarking services. This partnership provides Beamtree with valuable frontline insights into the challenges facing UK hospitals, a key part of the company's growth strategy.

Healthscope Update: Short-term Partial Rent Deferral

HealthCo Healthcare and Wellness REIT (ASX: HCW) and the Unlisted Healthcare Fund have entered into a short-term partial rent deferral agreement with Healthscope and its Receivers. This agreement will help support the continuity of essential services at 11 private hospitals owned by the Landlords.

Under the deal, the Landlords will receive 85% of the rent due for June-August 2025, with the remaining 15% deferred until September 2025. All outstanding rent arrears for March, April, and 85% of May 2025 will be paid immediately. The Landlords have also received expressions of interest from alternative Australian hospital operators to re-tenant the facilities.

Austco Completes Acquisition of NZ-based G&S Technologies

Austco Healthcare Limited (ASX:AHC) has completed the acquisition of New Zealand-based G&S Technologies, a certified Austco Nurse Call reseller. This strategic move will strengthen Austco's direct sales capability and enhance its range of solutions for healthcare markets.

Austco paid an upfront cash consideration of NZ$7.97 million for G&S Technologies, which has over 100 employees, 200 customers, and extensive experience in the installation and maintenance of nurse call, RTLS, CCTV, and other integrated systems. The acquisition also includes an earnout payment based on the performance of the business over the next two years.

Dropsuite Acquired by NinjaOne Australia

Dropsuite Limited (ASX:DSE) has been acquired by NinjaOne Australia Pty Ltd through a scheme of arrangement. Dropsuite shareholders will receive $5.90 per share as part of the transaction. The company's board of directors has also been restructured, with new appointments made.

As a result of the acquisition, Dropsuite shares will be suspended from trading on the ASX, and the company intends to apply for its removal from the official list prior to the open of trading on 2 June 2025.

Findi Delivers Strong FY25 Results, Driven by Growth Momentum

Findi Ltd (ASX: FND), a digital payments and financial services provider in India, has reported impressive financial results for the full year ended 31 March 2025. The company delivered record total revenue of $75.5 million, up 13.6% year-over-year, and increased its EBITDA by 14.4% to $31.4 million.

Findi's underlying net profit before tax grew by 54.5% to $6.0 million, reflecting the strong performance of its core ATM business and the continued growth of its FindiPay merchant network. The company also made significant strategic progress, including transformative acquisitions and contract wins that have cemented its position as a leading Pan-Indian ATM operator and digital financial services provider.

Looking ahead, Findi remains well-funded to execute on its growth initiatives, including consolidating recent acquisitions, implementing its White Label ATM and payments bank strategies, and pursuing earnings-accretive bolt-on opportunities in preparation for the intended IPO of its majority-owned subsidiary, TSI India, on the Bombay Stock Exchange in 2026.