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An update from Careteq Ltd. ( (AU:CTQ) ) is now available.
Careteq Limited has reported significant progress in its Q3 FY25 activities, with the integration of its 1-System platform nearing completion, which is expected to enhance operational efficiencies and profitability. The company has exceeded revenue growth projections while reducing overhead costs, and it maintains a positive EBITDA. Strategic partnerships, such as with Medic Alert, have expanded Careteq’s market reach, particularly in aged care and GP networks, positioning the company for sustainable growth and shareholder value.
More about Careteq Ltd.
Careteq Limited is a clinical healthtech company specializing in innovative medication management and clinical governance solutions. The company focuses on integrating health solutions and expanding its market presence through strategic partnerships, particularly in the aged care and healthcare sectors.
YTD Price Performance: 20.0%
Average Trading Volume: 304,707
Technical Sentiment Signal: Strong Buy
Find detailed analytics on CTQ stock on TipRanks’ Stock Analysis page.