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About Clever Culture Systems
Its shares trade on ASX under the ticker CC5.AX. It has been listed since 31 July 2006. In the fiscal year to 30 June 2026, it reported revenue of A$4.6m and a net loss of A$2.2m. At that date it held total assets of A$13.5m and shareholders' equity of A$7.5m.
LBT Innovations Ltd. is an Australian developer of clinical and diagnostic technology, which has emerged as a groundbreaking designer of advanced automated solutions for the preparation and analysis of microbiology culture specimens, with significant benefits for busy clinical laboratories. The company is headquartered in Adelaide, South Australia. The company went IPO on 2006-07-31. Its principal activities includes researching, developing, and commercializing technologies for the healthcare and laboratory supply markets. Its capabilities include artificial intelligence (AI), image analysis and software engineering solutions that improve medical diagnostic workflows. Its Automated Plate Assessment System (APAS) is a platform technology that automates culture-plate screening and interpretation. Its products include APAS Independence and APAS Analysis Modules. The APAS Independence combines AI, software and imaging analysis to create a platform technology for intelligent image interpretation. The APAS Analysis Modules are the intelligent image analysis software that works together with the APAS Independence to enable the screening of microbiology culture plates. Its pipeline includes APAS- antimicrobial resistance (AMR) Analysis Module, Automated Gram Stain Assessment, Biofilm, MicroStreak and WoundVue.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Health Care
- Industry
- Health Care Equipment & Supplies
- Listed since
- 31 Jul 2006
- Employees
- 17
- Website
- lbtinnovations.com ↗
Leadership
Pay as last reported
- Ms. Rebecca WilsonNon-Executive Chairman of the Board
- Mr. Brenton BarnesChief Executive Officer, Managing Director, Executive Director, since 2016A$528,000
- Mr. Raymond RidgeChief Financial Officer, Company SecretaryA$224,000
- Mr. Peter BradleyVice President - Global Business DevelopmentA$249,000
- Mr. Daniel HillNon-Executive Director, since 2014A$6,000
- Mr. Ian WisenbergNon-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Clever Culture Systems Ltd employs 17 full-time staff in Adelaide, Australia.
- The APAS Independence platform uses AI for intelligent image interpretation.
- APAS Analysis Modules work with Independence to screen microbiology specimens.
Weaknesses
- The company has only 17 employees, limiting operational scale.
- Adelaide is a small market for global health care expansion.
- LBT Innovations Ltd is a small developer with limited resources.
Opportunities
- Busy clinical laboratories need advanced automated solutions for microbiology.
- Artificial intelligence improves medical diagnostic workflows in health care.
- Software engineering solutions can enhance laboratory supply markets significantly.
Threats
- Health Care sector competition may challenge small Australian developers.
- Limited employee count restricts rapid commercialization of new technologies.
- Global economic factors could impact healthcare and laboratory spending.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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