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About CARETEQ
Its shares trade on ASX under the ticker CTQ.AX. It has been listed since 10 January 2022. In the fiscal year to 30 June 2026, it reported revenue of A$6.1m and a net loss of A$398,121. At that date it held total assets of A$3.8m and shareholders' equity of A$3.2m.
Careteq Ltd. engages in the development, design, and commercialization of assisted-living technology products. The company is headquartered in Melbourne, Victoria. The company went IPO on 2022-01-10. The firm is engaged in developing and commercializing a suite of products that sit on its Software as a Service (SaaS)-based assistive living technology platform for use by the elderly, disabled, and vulnerable individuals. The firm's brands include Sofihub, eazense, and Ward Medication Management (Ward MM). Its Sofihub brand is an advanced adaptive care technology that gives people of all ages and abilities the freedom to live independently, while reducing their reliance on family or professional carers. The eazense brand offers radar technology that provides continuous non-invasive monitoring, allowing care resources to be managed. Its Ward Medication Management is a clinical pharmacy company and the guardian of safe and appropriate medication use in aged care facilities. Ward MM helps health care workers with professional knowledge and advice to help prevent incidents of medicine-related harm.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Health Care
- Industry
- Health Care Technology
- Listed since
- 10 Jan 2022
- Website
- careteq.com.au ↗
Leadership
Pay as last reported
- Mr. Mark SimariExecutive Chairman of the BoardA$239,483
- Mr. David LiljaCompany Secretary, since 2021
- Mr. Brett CheongNon-Executive Independent DirectorA$71,741
- Mr. Stephen MundayNon-Executive Independent DirectorA$22,604
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
- Careteq Ltd. develops Sofihub for independent living technology in Melbourne.
- eazense provides radar monitoring for non-invasive care resource management.
- Ward MM ensures safe medication use in aged care facilities with clinical pharmacy expertise.
Weaknesses
- Careteq Ltd. has no products outside Health Care sector in Melbourne.
- The company's IPO was on 10 January 2022, limiting market expansion.
- Sofihub, eazense, and Ward MM are all SaaS-based platform products.
Opportunities
- Careteq Ltd. can expand Sofihub to aged care facilities in Australia.
- eazense radar technology can be adopted by more health care providers.
- Ward MM's clinical pharmacy expertise can grow in the Australian Health Care sector.
Threats
- Careteq Ltd. faces competition from other Health Care technology firms in Melbourne.
- The Australian Health Care sector has strict regulatory requirements for new products.
- SaaS-based platform products may face cybersecurity threats in the Health Care industry.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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