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Wellnex Life Ltd ( (AU:WNX) ) has issued an update.
Wellnex Life Limited reported a strong Q4 FY25 with sales increasing by 22.2% to $6.6 million, driven by brand sales and IP licensing. The company achieved a positive net cash flow from operations and secured additional debt funding to support growth initiatives. An internal review is underway to maximize revenue and profitability, with strategic divestments and stock purchases aimed at enhancing margins. The company has also entered into a loan facility to provide financial flexibility for future growth.
More about Wellnex Life Ltd
Wellnex Life Limited is a consumer healthcare business known for developing, licensing, and marketing registered products and brands within the healthcare market segment. Since its listing on the ASX in 2021, the company has launched numerous brands and products, securing significant licensing arrangements with major pharmaceutical companies globally. The acquisition of the Australian topical pain relief brand Pain Away in December 2023 has further accelerated its growth and reinforced its position in the healthcare market.
For an in-depth examination of WNX stock, go to TipRanks’ Overview page.