Careteq Ltd. ( (AU:CTQ) ) has provided an announcement.
Careteq Limited reported a 15.5% increase in revenues for the half-year ending December 2024, with a significant reduction in losses compared to the previous year. The acquisition of the remaining 45% of Embedded Health Solutions Pty Ltd for $2.4 million underscores Careteq’s commitment to strengthening its position in medication management and clinical governance, potentially benefiting stakeholders by solidifying its market focus.
More about Careteq Ltd.
Careteq Limited operates in the health, aged, and home care sectors, focusing on medication management and clinical governance. The company recently acquired full ownership of Embedded Health Solutions Pty Ltd, enhancing its strategic focus in these areas.
YTD Price Performance: 40.0%
Average Trading Volume: 402,286
Technical Sentiment Consensus Rating: Strong Buy
Learn more about CTQ stock on TipRanks’ Stock Analysis page.