Digitization in healthcare is one of the big topics of the coming years. In order to increase the efficiency of clinics, the federal, state and hospital authorities have made 4.3 billion euros available. By Jörg Lang
A little-noticed profiteer is likely Ifa Systems his. The small IT company specializes in ophthalmologists and eye clinics. The core product is the electronic patient file, in which examinations and treatments are documented. Ifa Systems has managed to have an international presence in its niche, users come from 20 countries.
Ifa Systems has so far attracted attention on the stock exchange due to its strong fluctuations. With the right timing, investors could multiply their money. However, if you got in at the wrong time, you are still sitting on high losses. There are some indications that the moment could be more of a cheap buying opportunity.
Since the entry of the Japanese group Topcon in 2015, the company has not yet been able to meet the high expectations. The share of the Japanese of 52.6 percent last year was also quoted Nexus accepted. The IT company, which is many times larger, specializes in clinics and senior facilities, with ophthalmology offering a complement.
Major shareholder brings double opportunity
This constellation results in two investment opportunities. For example, two representatives from Nexus were elected to the supervisory board at the Ifa Systems general meeting on September 25th. And it looks like they want to push the growth of their new daughter.
Ifa Systems has just taken over 80 percent of Sophrona Solutions. With almost 2000 installations, the US company is a leading portal platform in the USA for online communication between patients and ophthalmologists. With the deal, Ifa is expanding its US business. At the same time, the Sophrona solution can be marketed in Europe. In any case, the daughter will contribute to growth. If Ifa can succeed in stabilizing the growth trend, the share will follow.
Opportunity number 2 lies in a takeover. At the Annual General Meeting it was denied that a further increase or delisting was planned. But that can change quickly, for example if Nexus wants to accelerate Ifa’s growth rate. For Nexus, a deal would be just a sip from the bottle. Ifa Systems is valued at around 17 million euros. That’s not even three percent of Nexus’ market value. Topcon has shown that higher prices could be possible in the event of a takeover. The Japanese offered 15.20 euros per share when they entered in 2015.
Source: BÖRSE ONLINE