Image Source: HCT Presentation, dated 12 November 2021
- Holista Colltech is a research-driven biotech company committed to delivering high-quality natural ingredients and wellness products.
- The Company offers comprehensive COVID-19 test kits and disinfectants.
- Holista has several strategic agreements that widen its footprints in the health & wellness space.
- The Company is at a vantage point when it comes to cashing in on the exciting market opportunities, owing to its global reach, diversified product portfolio and defensive revenue streams.
Perth-headquartered research-driven biotech company Holista Colltech Limited (ASX:HCT) is committed to delivering high-quality natural ingredients and wellness products. The Company also leads in research on herbs and food ingredients.
Holista has continued to undertake a slew of developments across its all four divisions to leverage growth prospects induced from the pandemic concerns. These include the launch of comprehensive COVID-19 test kits and disinfectants in addition to inking several strategic agreements that widen the Company’s footprint in the health & wellness space.
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Thus, it would be safe to say that Holista is at a vantage point when it comes to cashing in on the exciting market opportunities. With this backdrop, let us explore the reasons in detail that position the Company well for growth.
Holista enjoys multiple growth avenues with its diverse divisions exposed to tap several mushrooming prospects.
From conscious nutrition choices to growing concerns for infections, several trends continue to boost business for Holista’s different divisions.
The Company’s sales and earnings have remained relatively stable despite the pandemic downturns. The fact that Holista operates in the health & wellness industry provides it further stability concerning the demand for its products.
Australia-based Holista has an extensive presence in Malaysia. The Company’s partnership with Berjaya’s Country Farms has opened opportunities into several leading franchises in Malaysia such as Starbucks, Kenny Rogers, and 7-Eleven.
In addition to Malaysia, the recent strategic deals have expanded the reach of Holista’s proven products in other parts of the world.
Some of these deals and developments include:
The concept of health & wellness has broadened significantly over the past few years, with consumers now viewing wellness to not just encompass fitness and nutrition but also overall physical and mental health and appearance.
Moreover, there has been a substantive rise in consumer interest and purchasing power, which together presents opportunities for companies such as Holista, spending significantly on personal wellness.
Global trends support further growth over medium- to longer-term for all Holista’s divisions. Trading conditions in 2021 showed marked improvement over the previous year.
Key market factors are fuelling growth momentum of the Company's varying divisions:
Holista is seeing several significant growth opportunities that can lead to a significant step-change in the Company’s earnings over short- to medium-term. Meanwhile, profit margins for the Company are expected to improve on 2021 due to cost optimisation and organic growth.
HCT shares traded at AU$0.041 on 21 January 2022.