6PM, which offers a full range of ICT services and products, is actively seeking to enter new makets with the products and solutions it has developed in cojunction with the National Health Service in the UK, CEO Ivan Bartolo told a stockbrokers’ meeting.
Italy and Portugal have already shown an interest for products such as CareSolutionsTM, Climate-HIV, CareSolutionsTM Strokepad and CareSolutionsTM iFIT, Mr Bartolo said.
6PM has now won a contract to lead a pilot project in partnership with EMC (an American multinational corporation that offers data storage, information security, virtualisation, and cloud computing products and services) for the development of a document and workflow management platform for a hospital in Georgia.
“It is hoped that this project will lead to further contracts for 6PM in the Caucasian region,” Mr Bartolo said.
Mr Bartolo also said that 6PM, in collaboration with one of the leading technological and consultancy corporations in the world, is now helping igaming companies transfer their servers and infrastructure to Gibraltar, due to the dedicated servers and datacentres that are being hosted there. As a result 6PM has won contracts to service two companies based in Gibraltar and is now in the process of registering the company 6PM (Gibraltar) Ltd.
2012 was a successful financial year for the 6PM Group where it registered a profit after tax of £526,536 against a loss of £354,888 in 2011. This led the company to declare the payment of a final gross dividend to £0.0246 per share equivalent to a final net dividend of £0.016 per share.
The directors further proposed that a bonus issue of one share for every 25 shares held on May 12 equivalent to £152,156 is allocated from the share premium.
Mr Bartolo said 6PM is well ahead of reaching its targets for the UK market and is on track to reach its targets for the Maltese market.
He said that the company will soon announce the conclusion of another two contracts for the sale of its CareSolutionsTM iFit product with NHS Trusts in the UK. One of its subsidiaries, Vid & Co, will also be signing a contract in the UK for revenue leverage audits in the hospitality industry.
The company CEO said that the aim of 6PM is to increase its annuity business from £1 million at the beginning of 2013 to £1.8 by December 2013 and thereafter to £3 million in 2014.
Such annuity business is being developed through the sales of 6PM products such as iFit, Climate-HIV and StrokePad.
He said that 6PM has plans to continue developing new solutions in the health sector, this time in the area of dementia and hepatitis, to continue to grow through acquisitions it plans to make in 2014 and to develop its iFit product away from the health records sector into workforce and patient management.
6PM was established in 1996 and employs over 100 technology consultants. 6PM Holdings plc was floated on the Malta Stock Exchange in September 2007.