Newtopia (TSE:NEWU) has released an update.
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
Newtopia Inc., a tech-enabled health platform, reported a decrease in second quarter 2024 revenue to $1.6 million from $2.4 million the previous year, with a gross profit margin at 48%. Despite the financial downturn, the company remains optimistic about its growth potential through partnerships in health AI, clinical discovery, and habit change platforms, aiming to improve outcomes in chronic disease management.
For further insights into TSE:NEWU stock, check out TipRanks’ Stock Analysis page.