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Numinus Wellness ( (TSE:NUMI) ) has issued an update.
Numinus Wellness Inc. reported a significant improvement in its financial performance for the first quarter of fiscal 2025, with a 68.3% increase in total revenue and a 121.1% rise in gross profit compared to the same period last year. This financial growth reflects the company’s strategic focus on expanding its innovative mental health care services, positioning it as a leader in the integration of psychedelic-assisted therapies, which could have positive implications for stakeholders and the broader mental health industry.
More about Numinus Wellness
Numinus Wellness Inc. is a mental health care company that focuses on innovative behavioral health treatments, particularly safe, evidence-based psychedelic-assisted therapies. The company aims to transform mental health care by integrating psychedelic-assisted therapies into mainstream clinical practice, addressing issues such as depression, anxiety, trauma, pain, and substance use.
Technical Sentiment Signal: Sell
Current Market Cap: C$13.86M
Learn more about NUMI stock on TipRanks’ Stock Analysis page.
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