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Global Health Limited ( (AU:GLH) ) has shared an announcement.
Global Health Limited reported a significant increase in new sales orders, with a 65% rise in sales for the financial year, primarily driven by its MasterCare Plus platform. The company is reducing its R&D expenditure as it nears completion of major projects and is incorporating AI to enhance productivity and reduce costs. The healthcare sector faces financial pressures, but Global Health aims to achieve profitability and positive cash flow by June 2026 through strategic cost control and AI adoption.
More about Global Health Limited
Global Health Limited operates in the healthcare technology industry, providing digital health solutions primarily through its MasterCare Plus platform and HotHealth Digital Front Door. The company focuses on supporting mental health service providers and aims to enhance consumer engagement with its Lifecard Personal Health Record.
Average Trading Volume: 37,042
Technical Sentiment Signal: Sell
Current Market Cap: A$4.16M
For a thorough assessment of GLH stock, go to TipRanks’ Stock Analysis page.