News and Announcements
BPS Technology Announces Exceeding Expectations and Record Revenues
- Published June 30, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
BPS Technology Limited (“Company”, “BPS” or “BPS Technology”) today announces the following key developments and updates:
KEY TAKEAWAYS:
- Entertainment Publications (Entertainment) exceeding expectations and on track for record revenues
- Agreement to onboard BPS’ 17,000 relevant merchants in Australia on to the Alibaba Australia eCommerce platform
- Commencement of operations in France
- Significant new agreements entered into by Frequent Values, a division of Entertainment
- Financial performance and revised earnings before interest, tax, depreciation and amortisation (EBITDA) guidance for FY17
The initiatives above represent further important steps in the evolution of BPS Technology. An overview of these developments, along with updated financial guidance, has been provided below.
Company Updates
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Oncology specialists are still calculating toxic chemotherapy doses using a formula from the era of the Ford Model T, leading to a system where seven out of eight patients are routinely overdosed. University of Melbourne spin-out PredicTx is dismantling this legacy approach, utilizing advanced AI to analyze existing patient CT scans, deliver precision medicine to the bedside, and return a massive 100x financial rerate to hospital networks.
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