Beamtree Holdings Secures AU$1 Million Contract, Shares Down 11%

MT Newswires Live

2025/08/28

Beamtree Holdings (ASX:BMT) said it has been awarded a AU$1 million contract with the Ministry of Health of the Government of Singapore, according to a Thursday Australian bourse filing.

The contract, set to start immediately, is to provide a comprehensive clinical coding and documentation audit across 20 public and private hospitals in Singapore. It is scheduled for completion in the third quarter of fiscal 2026.

The estimated working capital impact of the project at December is around AU$500,000, given that this project will be a work in progress at that point, pending milestone deliverables, at which point revenue will become payable.

The company's shares fell 11% in recent Thursday trade.

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