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Careteq Limited (ASX:CTQ)

ALERT: Price-sensitive ASX Announcement for CTQ
Current share price for CTQ : $0.012 0.002 (20%)+
Announcement
Release
30 Oct 2025 11:28AM
Price at Release
$0.010
Full Release
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Summary
Careteq Limited, an Australian healthtech company specializing in medication management solutions, provided its Q1 FY26 activities report and Appendix 4C for the quarter ending 30 September 2025. The report highlights Careteq's operational discipline with a cash receipt of $1.92 million and a net operating cash outflow of $0.26 million, factoring in one-off costs related to an ATO R&D tax objection process. Careteq's Embedded Health Solutions (EHS) experienced growth, with facilities under contract increasing to nearly 600 and over 55,000 aged care beds. The company engaged a specialist to expedite the completion of its 1-System platform for EHS and HMR Referrals, aiming for project recommencement in Q3 FY26. The company remains focused on achieving sustainable positive cash flow and profitability through improved operations and service offerings.
Key Points
  • Careteq Limited reported cash receipts of $1.92 million.
  • Net operating cash outflow was $0.26 million including one-off costs.
  • Embedded Health Solutions grew to nearly 600 contracted facilities.
  • Over 55,000 aged care beds are now covered.
  • A specialist is engaged to complete the 1-System platform integration.
  • Project recommencement is expected in Q3 FY26.
  • Focus on sustainable positive cash flow and profitability.
  • Engagement with ATO over R&D tax objection process.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.