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MedAdvisor Accelerates US Restructuring Amid Sharp 3Q Revenue Drop
4:53am on Monday 2nd of June, 2025 AEST
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Healthcare
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MedAdvisor Accelerates US Restructuring Amid Sharp 3Q Revenue Drop
4:53am on Monday 2nd of June, 2025 AEST
Key Points
3Q FY25 revenue halved to $12.3 million, with US revenue down 62%
Gross margin contracted to 60.2% from 63.2% year-on-year
Accelerated cost reduction program delivering $4.5 million annualised savings
US commercial restructuring underway to address market headwinds
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