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HydraLyte USA Emerges Debt-Free, Posts 28% US Revenue Growth in Q4 FY24
5:59pm on Sunday 1st of June, 2025 AEST
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Healthcare
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HydraLyte USA Emerges Debt-Free, Posts 28% US Revenue Growth in Q4 FY24
5:59pm on Sunday 1st of June, 2025 AEST
Key Points
Divestiture of non-US assets generates US$9.5 million proceeds
Company becomes debt-free after repaying A$8.2 million facility
Q4 FY24 US revenue rises 28% quarter-on-quarter to US$768,000
Gross margins improve to 65% through focus on high-margin SKUs
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