InteliCare reaches commercial inflexion point
- Expanded partnership: InteliCare extended agreement with Hardi Aged Care
- Technology rollout: Nurse Call installed at Blacktown and Manly Vale
- Commercial growth: Expanded agreement lifts total contract value by 13%
- Business milestone: InteliCare reported first positive cash flow since listing
The software developer, which provides AI-enabled solutions to the aged care sector, announced its first positive quarterly cashflow in the June quarter.
In the three months to June 2026, ASX-listed InteliCare announced a 21% sales increase for the quarter to $1.806 million.
InteliCare generated a positive operating cash position for the quarter of $384,000, the first positive cash quarter since the company listed on the ASX - a significant milestone.
What is InteliCare?
InteliCare uses smart sensors, predictive analytics and artificial intelligence to help aged care operators improve visibility of resident health and wellbeing and identify potential risks.
Expanded Hardi deal
InteliCare has also announced it has expanded its agreement with Sydney private aged care operator, Hardi Aged Care, to includes an 84-bed expansion at Hardi’s Blacktown facility, the suburb 34km west of Sydney's CBD.
The deal also includes phased deployment of InteliCare’s Nurse Call solution across the operator's six residential aged care homes.
The 84-bed expansion adds to the existing 48-bed facility, significantly increasing the scale of InteliCare’s technology deployment at the site.
The Nurse Call rollout is already underway across Hardi’s Blacktown and Manly Vale aged care homes, with additional deployments planned across the operator’s other four homes.
The initial Blacktown expansion and Nurse Call deployments are expected to generate an additional $371,000 in fees, increasing the total contract value by 13%.
InteliCare growth continues
During the quarter, InteliCare also completed its rollout across four mecwacare sites on schedule. A further six sites targeted by the end of 2026.
The technology platform also entered a three-year retirement living agreement with operator Warrigal, with hopes for further deals in the future.