middle.news

Holista Settles ASIC Penalty, Raises $1.53M, Reports 10.9% Sales Growth

6:02am on Monday 2nd of June, 2025 AEST Healthcare
Read Story

Holista Settles ASIC Penalty, Raises $1.53M, Reports 10.9% Sales Growth

6:02am on Monday 2nd of June, 2025 AEST
Key Points
  • Final $900K ASIC penalty payment completed
  • Raised $1.53 million via convertible notes from strategic investors
  • Group sales rose 10.9% YoY to $1.8 million, led by Dietary Supplements
  • Operating cash outflow of $1.27 million due to inventory build and penalty settlement
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Holista Colltech (ASX:HCT)
OPEN ARTICLE