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Highlights
- Beamtree Holdings is an artificial intelligence decision support and data solutions company
- In FY24, BMT’s revenue increased by 21% YoY to AUD 27.6 million
- Gray (Emma) has the highest stake in the firm with a shareholding of nearly 10.19%
Beamtree Holdings Limited (ASX:BMT) is an Australia-based company offering artificial intelligence decision support and data solutions services. It offers automation technology and data analytics designed to assist healthcare providers.
In the financial year 2024 (FY24), the company recorded a 21.1% YoY increase in its revenue to AUD 27.6 million, driven by 47% growth in international markets and a 95% customer renewal rate.
Meanwhile, the company witnessed an operating profit of AUD 0.4 million, up from an operating loss of AUD 1.2 million in the previous corresponding period.
In FY24, costs increased by 12% YoY, still the company continued investment in international expansion and key software product development, supported by effective cost management.
Top 10 shareholders of BMT
The top 10 shareholders of BMT have around 43.59% shareholding in the firm. Gray (Emma) has the highest stake in the firm with a shareholding of nearly 10.19%.
Recent business update
Through an ASX update dated 16 August 2024, the company informed that it is due to release its FY24 results on 27 August 2024.
On 27 May 2024, BMT revealed that it had secured a contract with Dr Sulaiman AI Habib Medical Service Group, worth AUD 3.6 million. This group is a major healthcare provider in the Middle East.
Outlook
BMT intends to continue revenue growth of over 20% and anticipates cost growth percentage to be lower than revenue growth percentage.
In FY26, the company targets AUD 60 million in recurring revenue.
Share performance of BMT
BMT shares closed 1.69% higher at AUD 0.30 apiece on 21 August 2024. In the past one year, BMT’s share price has surged by almost 31.87% and in the last three months, the share price has jumped 22.45%.
52-week high of BMT is AUD 0.320, recorded on 16 August 2024 and 52-week low is AUD 0.165, recorded on 26 April 2024.

BMT Daily Technical Chart, Source: EODHD/Others
Note 1: Past performance is neither an Indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, and currency, is 21 August 2024. The reference data in this report has been partly sourced from EODHD/Others.






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