1300 Smiles Limited (ASX:ONT)

Daryl Holmes
Market Cap (AUD): 168.83M
Sector: Health Care
Last Trade (AUD): 0 +0 (+0%)
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1. About

1300SMILES Limited (ASX:ONT) owns and operates full-service dental facilities at its sites in the ten major population centres in Queensland, New South Wales and South Australia. The Company continually seeks to expand its presence into other geographical areas throughout Australia. It does so both by establishing its own new operations and by acquiring existing dental practices. The administrative and corporate offices are in Townsville.

1300SMILES enables the delivery of services to patients by providing the use of dental surgeries, practice management and other services to self-employed dentists who deliver their services from 1300SMILES dental practices. The Company's management services enable dentists to focus on the delivery of dental services rather than on the administrative aspects of operating a business. The dentists pay fees to the company for the provision of these services under a Dental Service Agreement with the company. In some circumstances the Company also employs qualified dentists so there is always someone available to take care of patient's oral health needs.

Dentists who use the Company's services range from new graduates to highly regarded experienced dental professionals. Several dentists who use the Company's services have special interests and experience in such areas as endodontics, oral surgery, implants and periodontics and cross-refer work to other dentists who use the Company's services.

1300SMILES also provides comprehensive services in the areas of marketing, administration, billing and collections, and facilities certification and licensing to all participating dentists, as well as support staff, equipment and facilities. It also sources all consumable goods using the buying power which derives from such a large group of dental businesses.

The Company's Corporate Headquarters are in Townsville, North Queensland co-located with the Business Support Unit.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk