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MedAdvisor Eyes 2H Revenue Rebound Amid 38.6% Q2 Slump

8:22am on Thursday 30th of January, 2025 AEDT Healthcare
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MedAdvisor Eyes 2H Revenue Rebound Amid 38.6% Q2 Slump

8:22am on Thursday 30th of January, 2025 AEDT
Key Points
  • 2Q FY25 revenue down 38.6% to $30.8 million, impacted by US vaccine program deferrals
  • Gross profit margin improved by 8.4 percentage points to 63.6%
  • Transformation 360° restructuring underway, targeting $5 million annual savings from FY26
  • US revenue down 43.7%, while ANZ region grew 1.9%
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