AGM Chair Address and Presentations
Released
Released
Announcement PDF
ASX Announcement
Enlitic, Inc.
ARBN 672 254 027
1
23 April 2026
Annual General Meeting – Presentation and Addresses
Enlitic, Inc. (ASX: ENL) (“the Company”) attaches a copy of the Chair address and presentation to be
made at today’s Annual General Meeting of the Company.
– ENDS –
This announcement was authorised for release by the Board of Enlitic, Inc.
Enquiries:
Enlitic Investor Relations
Australia:
invest_au@enlitic.com
About Enlitic
Enlitic is a software company that uses artificial intelligence to develop software products that
manage medical imaging data in radiology (such as MRI, CT scans, X-ray and ultrasound images) and
licences such products to healthcare providers. Enlitic’s products (including its current product
offering and product suite under development) seek to standardise, protect, integrate, and analyse
data to create the foundation of a real-world evidence platform that can improve clinical workflows,
increase efficiencies, and expand capacity. Read more at enlitic.com.
Enlitic’s CDIs are traded on ASX in reliance on the safe harbour provisions of Regulation S under the
US Securities Act of 1933 as amended, and in accordance with the procedures established pursuant
to the provisions of a no action letter dated 7 January 2000 given to ASX by the staff at the US
Securities and Exchange Commission. The relief was given subject to certain procedures and
conditions described in the no action letter. One of the conditions is that the issuer provides
notification of the Regulation S status of its securities in communications such as this announcement.
Read more at enlitic.com.
Chairman’s Address
At Enlitic, our focus is on transforming how healthcare organisations manage and derive
value from their imaging data. The industry continues to face growing volumes of
fragmented data, creating inefficiencies and limiting clinical impact. With our platform more
established, we are enabling customers to better structure, connect and utilise their data,
supporting more efficient workflows and improved patient outcomes.
Over the past year, the Company consolidated operations following the acquisition of
Laitek. This period centred on integration and alignment, with a clear focus on realising the
strategic benefits of the combined businesses. Encouragingly, we have identified and have
captured meaningful synergies, which has reduced our cost base and strengthened our
operational platform from which to scale.
Importantly, our strategy is delivering measurable progress. At the beginning of 2025,
Enlitic had a single OEM relationship. Today, we have expanded this to multiple OEM
partnerships, a clear sign of growing industry recognition of our technology and the value of
our platform. While not all of these relationships have yet translated into revenue, they
represent a potential pipeline of future opportunity and validate our go-to-market
approach.
The integration of Enlitic’s capabilities with Laitek’s data migration expertise is gaining
traction with customers. Recent contracts and partnerships announced since the release of
our 2025 Annual Report demonstrate increasing demand for a unified, end-to-end solution
that addresses both data standardisation and migration challenges. Our platform is now
more comprehensive, and we are seeing early signs that this integrated offering is
resonating with customers.
Notwithstanding this progress, we recognise that our share price performance has not met
the expectations of the Board or our shareholders. The decline since the last AGM, alongside
capital raisings undertaken during the year, has been challenging. These steps, however,
were necessary to support the execution of our strategy and to position the Company for
long-term growth.
We have more work to do. The healthcare technology sector is complex, and the adoption of
new solutions takes time. However, we are confident that our strategy is sound, our
platform is more developed, and execution is now firmly underway. The expansion of our
partner network and the growing commercial traction we are seeing clearly demonstrate
that our approach is gaining momentum.
As we move forward, the Board remains focused on disciplined execution, continued cost
management, and converting our growing pipeline into sustainable revenue. We believe
that the foundations laid over the past year position Enlitic to deliver long-term value for
shareholders while continuing to support better outcomes for healthcare providers and
their patients.
23 April 2026
Annual General Meeting
ENLITIC, INC.
AI DRIVEN DATA MANAGEMENT FOR
THE MEDICAL IMAGING SECTOR
Important Notice and Disclaimer
This presentation has been prepared by Enlitic, Inc. (Enlitic or the Company) to provide summary information about the Company and its associated entities as at the date of this presentation, and the information in this presentation remains subject to
change without notice. The Company has no obligation to update or correct this presentation.
The presentation is for informational purposes only and is not a prospectus, disclosure document, product disclosure statement or other offering document under Australian law or the law of any other jurisdiction. The information contained in this
presentation does not constitute investment or financial product advice (nor taxation or legal advice) and is not intended to be used as the basis for making an investment decision.
No representation or warranty, express or implied, is made as to the currency, accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this presentation. None of the Company, its related bodies corporate
(as defined in the Corporations Act), shareholders or affiliates, or any of their respective officers, directors, employees, affiliates, partners, representatives, consultants, agents or advisers (each a Limited Party) guarantees or makes any representations
or warranties, express or implied, as to, or takes responsibility for, the currency, accuracy, reliability, completeness or fairness of this presentation or the information, opinions and conclusions contained in this presentation. The Company does not
represent or warrant that this presentation is complete or that it contains all material information about the Company. To the maximum extent permitted by law, each Limited Party expressly disclaims any and all liability (whether direct, indirect,
consequential or contingent), including, without limitation, any liability arising out of fault or negligence on the part of any person, for any expenses, damages, costs or loss arising from the use of information contained in this presentation or in relation to
the accuracy or completeness of the information, statements, opinions or matters, express or implied, contained in, arising out of or derived from, or for omissions from, this presentation, including, without limitation, any financial information, any
estimates or projections and any other financial information derived therefrom.
None of the Company or any of the other Limited Parties act, or are responsible, as a fiduciary to you, your directors, officers, employees, affiliates, partners, representatives, consultants, agents, advisers, securityholders, creditors or any other person.
You and each of the Company and the other Limited Parties expressly disclaim any fiduciary relationship. The Company and the other Limited Parties are relying on you complying with this important notice and disclaimer and on the truth and accuracy
of the representations, warranties, undertakings and acknowledgments given by you.
This presentation may contain certain forward-looking statements, forecasts, estimates, projections and comments about future events, including the Company’s beliefs, assumptions and expectations about the performance of its businesses and
certain strategic transactions and the recovery of domestic and global airline booking levels. Forward looking statements can generally be identified by the use of forward-looking words such as, “expect”, “anticipate”, “likely”, “intend”, “should”, “could”,
“may”, “predict”, “plan”, “propose”, “will”, “believe”, “forecast”, “estimate”, “goals”, “aims”, “target” and other similar expressions. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking
statements. Forward looking statements involve inherent risks and uncertainties, both general and specific, and there is a risk that such predictions, forecasts, projections and other forward-looking statements will not be achieved. A number of
important factors, both known and unknown, could cause the Company’s actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, and many of these factors are
beyond the Company’s control. As such, there can be no assurance that actual outcomes will not differ materially from these statements. There are usually differences between forecast and actual results because events and actual circumstances
frequently do not occur as forecast and their differences may be material. Any forward-looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. As such, no undue
reliance should be placed on any forward-looking statement, particularly in light of the current economic climate and the significant volatility, uncertainty and disruption caused by the aftereffects of COVID-19 pandemic and certain geopolitical
tensions. Past performance is not necessarily a guide to future performance, and no representation or warranty is made by any person as to the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Nothing
contained in this presentation, or any other information made available to you is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of the Company. None of the Company or
any other Limited Party makes any representation or warranty as to the accuracy of any forward-looking statements contained in this presentation. Forward looking statements speak only as at the date of this presentation, and the Limited Parties
disclaim any obligations or undertakings to release any update of, or revisions to, any forward-looking statements in this presentation.
Financial information contained in this presentation (if any) is unaudited, unless otherwise stated, and is therefore subject to change. You should be aware that this presentation has been prepared at a time when the review of the financial information
contained in the presentation has not been completed and, accordingly, the Company takes no responsibility for, and can provide no assurance as to the reliability of, any information relating to the financial condition and/or financial and operating
performance of the Company. Recipients of this presentation are cautioned therefore to not place any reliance on the financial (or other) information included in the presentation. A number of figures, amounts, percentages, estimates, calculations of
value and fractions in this presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this presentation. All dollar values are in Australian dollars (A$) unless otherwise
stated.
Certain market and industry data (including industry forecasts, projections, market sizes, market shares and market positions) included in this presentation has been obtained from public filings, research, surveys or studies conducted by third parties,
including industry and general publications, which has not been independently verified by the Company, as well as from the Company’s own internal estimates and research. The Company cannot warrant or guarantee the adequacy, fairness, accuracy
or completeness of such information. You should note that market data and statistics are inherently predictive and subject to uncertainty and not necessarily reflective of actual market conditions. There is no assurance that any of the industry or
market forecasts, including management estimates, which are referred to in this presentation will be achieved. In addition, such data involves a number of assumptions and limitations, and there can be no guarantee as to the accuracy or reliability of
such assumptions. In addition, while the Company believes its own estimates and research are reliable, such estimates and research have not been verified by any independent source.
This presentation may contain trademarks and trade names of third parties, which are the property of their respective owners. Third party trademarks and trade names used in this presentation belong to the relevant owners and use is not intended to
represent sponsorship, approval or association by or with the Company.
OUR MISSION
AGENDA
Welcome & Chairman’s Address
Formal Items of Business
Resolutions & Questions
Closure of Annual General Meeting
CEO’s Presentation
2025 Highlights
Recent Strategic Progress
Growth Pathway & Outlook
Q&A
Lawrence Gozlan, Chairman
Chairman’s Address
4
OUR MISSION
BOARD AND EXECUTIVE
MANAGEMENT
Executive Management
Board of Directors
Lawrence B. Gozlan
Board Chair
Mr. Gozlan is the Chief Investment Officer and Founder of Scientia
Capital and currently serves as a Director on several private and public
company boards in Australia.
Sergio Duchini
Director
Sergio drives strategy and growth with a strong focus on customer,
innovation, M&A and corporate governance by leveraging his
knowledge and experience in strategy development & implementation,
accounting & finance, corporate structuring and M&A.
Lisa Pettigrew
Director
Lisa has 25+ years experience in management consulting and
technology services companies across multiple vertical industries, with
a particular expertise in healthcare and life sciences.
Michael Sistenich
Director & Chief Executive Officer
Michael has over 24 years of experience in the investment banking,
corporate finance and asset management industry.
Darren Scotti
Chief Financial Officer and Company Secretary
Darren is a veteran CFO and board member with over two decades
of experience managing capital.
Michael Sistenich
Director & Chief Executive Officer
Michael has over 24 years of experience in the investment banking,
corporate finance and asset management industry.
Industry Problems
Radiology departments are experiencing workflow and
capacity challenges compounded by a lack of data
standardisation that impacts data quality and
stakeholders within the enterprise.
Staff within the radiology departments are experiencing
high rates of stress and burnout resulting from increased
workloads, increasing complexity of imaging studies and
conflicting demands on time.
Millions of studies encompassing petabytes of data must
be moved with a low margin of error and meticulous
management of migration timings to ensure patient
wellbeing.
Solution
The Enlitic solution is built upon a software framework,
creating a network between applications. It houses an
ecosystem that enables and supports the exchange of
information or content between different interdependent
applications.
The framework facilitates communications between
modalities, Enlitic applications, Electronic Medical Records
and PACS. It features a host of AI-powered applications
that enable data standardisation, de-identification,
anonymisation and workflow simplification.
Our healthcare data migration solution significantly
reduces costs and timelines by securely preserving non-
essential studies.
Our Mission
Enlitic’s mission is to revolutionise healthcare by leveraging AI and data,
empowering evidence-based decision-making, enhancing research, and
transforming healthcare delivery.
6
Transforming
Care with Data
and Technology
Empowering
Complex
Data
Migration
Innovation
& Growth
Value Creation
Productivity
Improvement
Healthcare
Providers
7
Michael Sistenich, CEO
CEO Presentation
8
Enlitic is building the foundations for next-generation medical imaging by transforming how
imaging data is managed, structured and utilized. We provide a comprehensive suite of data
management solutions that enable healthcare providers and OEM partners to migrate, normalize,
cleanse, structure, orchestrate, and enrich imaging data at scale.
Our solutions seek to ensure that medical imaging archives are not only preserved but also
transformed into interoperable, high-quality datasets that drive clinical, operational and research
innovation.
The Enlitic Platform includes:
• Semperdata – a next generation AI-enabled medical imaging migration solution
• Ensight Suite:
• ENDEX Automated AI driven data normalization & workflows
• ENABLE Medical Data Ops Management
• ENCOG Data Anonymization & De-Identification
Enlitic’s vision is to transform imaging data
into a strategic foundation – empowering
healthcare systems and industry partners
to unlock efficiency, accelerate
innovation, and ultimately improve patient
care.
AI ready data for Medical Imaging
20 25 Highlights Highlights
GE
Healthcare
Start of GE relationship
in 1Q25 &
expansion in 4Q25
10
12%
Reduction in Net Losses
OEM
Expansion
Increased number of
OEM relationships
1st Customer
Contracts
Migration & Data
management offering
252%
Increase in revenue from
US$1.1m to US$3.8m
~US$2.5m
Annualized savings
through cost control
& synergies
US$2.84m
Record
total contract value
wins in 4Q25
Empowering our Clients
Philosophy
• Leadership through domain expertise and workflow integration
• End-to-End Capabilities; move, normalize, and orchestrate data
• Simplify and streamline AI adoption
Near-Term
• Set the standard in AI-enabled migration and data normalization
• Enhance existing data workflows
• Turn the Data challenge into a strategic opportunity
Mid-Term
• Seamless AI Orchestration and embedded OEM AI workflow
• Accelerate AI and GenAI adoption through better data
01
Trusted Data Foundation
Provide a stable, governed data layer built for
consistent, trustworthy decision making and
automation
03
Vendor-Agnostic
Ensight works across vendors, systems and
environments with as a persistent, structured,
and governed data layer
02
AI-Ready Architecture
Automation-ready infrastructure that prepares
clients and partners for the emerging era of
Agentic AI
04
Workflows to Intelligence
Powers operational workflows today while
enabling AI-driven automation, analytics and
intelligence for the future
Delivering a foundational data layer
Opportunity through technology
13
Referring
Hospitals
Referring
Clinics
Primary
Hospital
Teleradiology
PACS
Archive
DICOM
Medical
imaging
studies
Ensight 2.0
Target Systems
Data Migration
Cost
Savings
M&A
Activity
Internal
Upgrades
Storage
to cloud
Target VNAs
Target PACS
Standardised,
de-identified,
anonymised
DICOM
Medical
imaging
studies
Data ready for AI Automation
2026
14
Annotation
/ Labeling
Search & Cohort
Creation
Procedure Code
Inferencing
De-
identification
Workflow
Activation
AI & Business
Analytics
Business
Intelligence
RWD
& Research
AI Validation
& Creation
Clinical / Operational
Workflow Automation
Billing /
Coding
Hanging
Protocols
ENDEX
ENABLE
SUITE
Clinical
Production
Workflows
z
Raw Imaging
Data
AI
Normalization
Correct,
Complete &
Consistent Data
From Strategy to Execution
Real-World Deployment
Transition from platform build to
increasing real-world deployments
Channel Expansion
Increasing OEM relationships and in
market integrations with key
vendors
Repeatable Execution
Moving past proof-of-concepts to
repeatable execution
Positioned for Scale
Positioned for scale across
customers and partners
Commercial Momentum
Record commercial progress
• US$2.84m of New Contract TCV signed in 4Q25
• 1Q26 expected to exceed 4Q25 with US$3.52m in total contract value secured during period
• Growth across both Direct and OEM Channels
OEM relationships & Ecosystem continue to expand
• 8 Global OEMs now actively engaged with Migrations and Data Management offering
• OEMs driving global reach and repeatability
• New engagements increasingly interested in solutions beyond Migrations
16
Engaging leading healthcare institutions
• Increasing client interest in combined Migrations and Data Management Solutions
• Validation through increasing customer wins: Penn Medicine, St Jude Childrens, Parkland Health
• Increasing number of clients across all geographies; North America, Europe and Asia Pacific
Summary & Outlook
Building the data foundation for
Medical Imaging
Positioned at the intersection of
Data, AI and Clinical Workflows
Transition from being a migration
provider to a data infrastructure
platform
Financials Outlook
• Record US$2.84m of new contract revenue
in 4Q25.
• 1Q26 new contracts to exceed 4Q25 with
total contract value generated of US$3.52m
• Continued focus on efficiency and reduction
to the cost base
• Continued progress towards achieving
operational cash flow break even target
17
Questions
18
Share your feedback
Discover