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Alcidion Group (ALC) investor relations material
Alcidion Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong momentum in Q2 FY 2026 with material contract wins, including selection as preferred provider for UHS Sussex NHS Foundation Trust and a $12.3M Leidos contract expansion, marking the third expansion of the original contract.
UHS Sussex contract expected to be at least AUD 35 million (or $35M) over seven years, potentially the largest UK contract to date, with negotiations ongoing and deployment targeted for Q4 FY26.
Secured several contract renewals and extensions, supporting a robust recurring revenue base.
Financial highlights
Q2 new sales totaled AUD 15.4 million (or $15.4M) in total contract value, mainly from the Leidos contract expansion.
62% of new sales were recurring product revenue; the remainder was primarily implementation or non-recurring services.
Contracted revenue for FY 2026 stands at AUD 43.1 million (or $43.1M), up 40% year-over-year, excluding Sussex and future deals.
Q2 cash receipts from customers were AUD 8.5 million; operating cash outflow was AUD 1.9 million, attributed to year-end timing.
Cash balance at quarter-end was AUD 14.2 million (or $14.2M) with no debt.
Outlook and guidance
FY 2026 EBITDA and operating cash flow expected to be at least in line with FY 2025, with further upside possible pending Sussex contract finalization and other new deals.
Second half of the year anticipated to be stronger for customer receipts, supporting confidence in being cash flow positive.
Continued confidence in pipeline conversion and new opportunities in ANZ and UK, with several new contract opportunities progressing.
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