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Elixinol Wellness ( (AU:EXL) ) has issued an update.
Elixinol Wellness has revised the acquisition terms for its subsidiary, The Healthy Chef, following the withdrawal of a major US distribution partner, resulting in reduced liabilities and enhanced liquidity by A$1 million. With a focus on the Australian market, supported by strong growth performance in November, Elixinol is aligning investments toward higher-margin opportunities and positioning itself for long-term sustainable growth and improved shareholder value.
The most recent analyst rating on (AU:EXL) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Elixinol Wellness stock, see the AU:EXL Stock Forecast page.
More about Elixinol Wellness
Elixinol Wellness Limited (ASX: EXL) is a global health and wellness company specializing in the innovation, marketing, and distribution of hemp and other plant-derived food, skincare, and nutraceutical products. Operating primarily in Australia and the USA, the company’s business spans four verticals: human nutrition, human wellness, pet wellness, and superfood ingredients, with well-known brands such as Hemp Foods Australia, The Healthy Chef, and Mt Elephant sold via grocery, wholesale, and e-commerce channels.
YTD Price Performance: -73.68%
Average Trading Volume: 603,596
Technical Sentiment Signal: Sell
Current Market Cap: A$3.31M
Find detailed analytics on EXL stock on TipRanks’ Stock Analysis page.