TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Althea Group Holdings Ltd. ( (AU:AGH) ) has shared an announcement.
Althea Group Holdings Ltd. reported a significant decrease in revenue and losses for the year ending June 2025, with a 23.1% drop in revenue and a 74% reduction in losses compared to the previous year. The company underwent several strategic changes, including the sale of certain assets and the incorporation of a joint venture in the US, which are expected to impact its future operations and market positioning. Additionally, the company secured funding through placements and loans, and entered into a manufacturing agreement with The Boston Beer Company, indicating a focus on expanding its product offerings and market reach.
More about Althea Group Holdings Ltd.
Althea Group Holdings Ltd. operates in the medical cannabis industry, focusing on the development and distribution of cannabis-based products. The company is involved in various operations, including manufacturing and partnerships, to expand its market presence.
Average Trading Volume: 1,750,306
Technical Sentiment Signal: Sell
Current Market Cap: A$17.75M
Find detailed analytics on AGH stock on TipRanks’ Stock Analysis page.