VOLPARA HEALTH TECHNOLOGIES LIMITED

VOLPARA HEALTH TECHNOLOGIES LIMITED (ASX: VHT)

Volpara signs a five-year A$1.4M (NZ$1.53M) SaaS contract with BreastScreen Victoria to implement Volpara Analytics, an AI quality software for mammogram imaging.
BreastScreen Victoria diagnoses 37% of all breast cancers in Victoria and operates across more than 50 locations in the state.
Volpara's software will help optimize mammography operations at BreastScreen Victoria, providing personalized care and improving the quality of their screening program.

2023-06-07 08:24:00

Volpara expands its agreement with Banner Health to a five-year full system contract, upgrading and installing software across Banner Health's network.
The additional contract value of US$1.25M brings the total contracted annual recurring revenue to US$440K.
Installation is expected to be completed within the next nine months, contributing to revenue growth in FY24.

2023-04-11 08:27:00

Volpara Health Technologies amends the contract with Akumin, Corp, replacing Patient Hub with Analytics.
The amended contract has a 5-year term, a Total Contract Value of US$1.5M, and a revenue share arrangement with additional payments up to US$1.25M.
Akumin gets termination right after year 4 if specific performance metrics aren't met, and installation is expected within 90 days.

2023-04-05 08:49:00

US FDA requires mammography facilities to inform patients about breast density
New regulation standardises language and expands number of states with density disclosure laws
All patient reports and summaries to include language about breast density within 18 months

2023-03-10 09:39:00

Net operating and investing cash inflow in Q3FY23 of NZ$1.3M, an improvement of 134% from a net outflow of NZ$3.8M in Q3FY22.
Record quarterly cash receipts from customers of NZ$11.2M, up over 60% compared to Q3FY22 (or approx. 42 % constant currency).
Contract Annual Recurring Revenue (CARR) now ~US$25.6M (~NZ$40.2M2), up approx. US$1.5M on the prior quarter (Q2FY23) – equal largest increase on record.

2023-01-18 08:25:00

Five, five-year contacts represent over US$7.8M (NZ$12.3M) in Total Contract Value.
New contracts include some of the US's leading healthcare providers.
Five-year renewal secured with Centura Health represents a further US$887K (NZ$1.4M) in TCV.

2023-01-09 08:21:00