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InteliCare Holdings Limited (ASX:ICR)

ALERT: Price-sensitive ASX Announcement for ICR
Current share price for ICR : $0.021 -0.004 (-16%)+
Announcement
Release
30 Apr 2026 5:45PM
Price at Release
$0.025
Full Release
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Summary
InteliCare Holdings Ltd reported significant achievements in their March 2026 quarterly operations report. The company secured a five-year Master Subscription Agreement with MECWA Limited, valued at approximately $8.8 million, marking its largest deployment across MECWA's 22 aged care facilities. Additionally, a three-year agreement with Warrigal Care Limited was signed for a total of $200,000. Angus Cameron was appointed as CEO, bringing over 30 years of international experience to the company. A successful pilot at mecwacare's Trescowthick Centre demonstrated 100% fall detection accuracy and improved operational efficiencies. InteliCare is also expanding into the retirement village sector, identified as a key growth market. The company is carefully managing its cash position with expectations of revenue improvements in the future.
Key Points
  • InteliCare Holdings Ltd signed a five-year Master Subscription Agreement with MECWA Limited, valued at approximately $8.8 million.
  • This deal represents InteliCare's largest deployment to date, covering MECWA's 22 residential aged care facilities.
  • A three-year agreement was also signed with Warrigal Care Limited for a projected total contract value of $200,000.
  • Angus Cameron was appointed as Chief Executive Officer, bringing extensive international experience.
  • The successful pilot at mecwacare's Trescowthick Centre showed 100% fall detection accuracy and other operational improvements.
  • InteliCare is focusing on expanding its technology into the retirement village sector, recognized as a significant growth opportunity.
  • The company is managing its cash position carefully with plans to improve revenue in the coming quarters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.