Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Austco Healthcare Limited ( (AU:AHC) ) has shared an announcement.
Austco Healthcare Limited has secured a multi-year, multi-million dollar contract with Angeles Health System in Mexico to supply advanced nurse call and infant protection systems across three major hospitals. This AUD $3.4 million contract will enhance Austco’s presence in the Latin American healthcare market, with revenue recognition expected from FY25 to FY27 and support revenues extending to FY29. The agreement includes comprehensive training and technical support, demonstrating Austco’s commitment to delivering scalable healthcare technology solutions. The project will not be affected by U.S. tariffs due to Austco’s drop-shipping model, ensuring cost predictability and uninterrupted delivery.
More about Austco Healthcare Limited
Austco Healthcare Limited is an international provider of healthcare communication and clinical workflow management solutions. Headquartered in Australia, the company operates through subsidiaries in six countries and supports healthcare facilities globally via a reseller network. Austco serves markets in health, aged care, and acute care across Australia, New Zealand, Canada, the UK, the USA, Asia, and the Middle East.
YTD Price Performance: -5.36%
Average Trading Volume: 225,917
Technical Sentiment Signal: Sell
Current Market Cap: A$96.48M
Learn more about AHC stock on TipRanks’ Stock Analysis page.