Fonet Bilgi Teknolojileri

Fonet Bilgi Teknolojileri A.S. is a technology company headquartered in Cankaya, Ankara, that develops healthcare IT software. The company traces its history back to 1997; it carried out its initial field implementation in 1999 at a state hospital in Sanliurfa and went public through an initial public offering (IPO) in 2017. Its shares trade on Borsa Istanbul under the ticker FONET.

At the core of its products is a hospital information management system (HBYS) that manages hospitals' medical, administrative and financial processes end to end, along with numerous integrated subsystems. Domestically developed PACS software for the hospital portal and imaging systems is also part of the portfolio. The company has taken part in large-scale projects such as city hospitals and has also developed solutions for digital health transformation, social security, and family and social assistance processes. With an office in Istanbul as well, it has expanded into the European market through an office opened in Stockholm, the capital of Sweden.

For healthcare software companies, the main issues investors watch are public and private hospital tenders, the balance between licence income and maintenance and support income, collection periods, the cost of the software development team and projects abroad. You can review the past performance of FONET shares with the return calculator on Lzzo.com.