ALCIDION GROUP LIMITED (ALC)
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ALC - ALCIDION GROUP LIMITED

FNArena Sector : Healthcare services
Year End: June
GICS Industry Group : Health Care Equipment & Services
Debt/EBITDA: -0.48
Index:

Alcidion Group provides clinical information technology to support clinicians in decision making, ensuring quality of care for patients. The company operates in Australia and the UK. It listed on the ASX in 2011.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.053

01 Nov
2024

-0.001

OPEN

$0.06

-1.85%

HIGH

$0.06

721,356

LOW

$0.05

TARGET
$0.07 32.1% upside
OTHER COMPANIES IN THE SAME SECTOR
ACL . AHX . BMT . CAJ . DOC . EBO . HLS . M7T . MDR . MPL . MVF . NHF . PSQ . RHC . SHL .
FNARENA'S MARKET CONSENSUS FORECASTS
ALC: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 0.6 - 0.3 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-0.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx37.1 M
Book Value Per Share xxxxxxxxxxxxxxx6.5
Net Operating Cash Flow xxxxxxxxxxxxxxx-7.1 M
Net Profit Margin xxxxxxxxxxxxxxx-22.71 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-9.51 %
Return on Invested Capital xxxxxxxxxxxxxxx-9.37 %
Return on Assets xxxxxxxxxxxxxxx-7.16 %
Return on Equity xxxxxxxxxxxxxxx-9.51 %
Return on Total Capital xxxxxxxxxxxxxxx-8.45 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-7.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx1 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx68 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx12 M
Price To Book Value xxxxxxxxxxxxxxx0.74

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx0.1 M
Capex % of Sales xxxxxxxxxxxxxxx0.14 %
Cost of Goods Sold xxxxxxxxxxxxxxx39 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx6 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

03/09/2024

3

Downgrade to Hold from Buy

$0.07

32.08%

Alcidion Group delivered FY24 earnings that were at the lower end of guidance. Bell Potter assesses the result reflects a challenging year as persistent tender delays in the NHS resulted in UK revenue declining -10% and Australasian sales declining -7%.

Contracted and renewal revenue for FY25 as of August is $28m, below the comparable amount for FY24. The broker decreases near-term revenue forecasts and also revises down FY26-27 estimates, given a lower base for FY25.

Target is reduced to 7c from 8c and the rating is downgraded to Hold from Buy.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.25 cents.
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -0.02 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

05/09/2024

1

Buy

$0.09

69.81%

Alcidion Group's FY24 results were in line with Canaccord Genuity's forecasts given recent quarterly cash flow reporting in July. Cost-out is starting to have a positive impact, notes the analyst, with staff costs down and one-off restructuring costs now fully incurred.

Management expects positive earnings in FY25, as long as the revenue run-rate of $36m is maintained.

The target falls to 9c from 10c after the broker downgrades its FY25 earnings forecast, having pushed out to FY26 expectations for incremental new contracts of size.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.30 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.00 cents.
Access Extra Coverage Research History >

ALC STOCK CHART

FNArena News on ALC

1
Weekly Ratings, Targets, Forecast Changes – 06-09-24

Sep 09 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Sep 05, 2024

Sep 05 2024 - Daily Market Reports
3
FNArena Corporate Results Monitor – 03-09-2024

Sep 03 2024 - Australia
4
Australian Broker Call *Extra* Edition – Aug 06, 2024

Aug 06 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Apr 30, 2024

Apr 30 2024 - Daily Market Reports

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