Alcidion Expects to Recognise 'Significant' Revenue in Fiscal Year Upon Execution of ERP Provider Contract

MT Newswires Live

Jan 15

Alcidion Group (ASX:ALC) said that it expects to recognise "significant" revenue in the fiscal year, upon execution of the electronic patient record system provider contract for England-based University Hospital Sussex Foundation Trust, set for the fourth quarter, according to a Thursday filing with the Australian bourse.

At the end of the second quarter, the company's contracted revenue for the fiscal year, already exceeds last year's revenue, the filing said.

It expects fiscal 2026 earnings before interest, taxes, depreciation, and amortization to be at least in line with last year, the filing added.

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