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Careteq Cuts Cash Burn, Grows Revenue, but Platform Launch Delayed
9:46am on Tuesday 29th of July, 2025 AEST
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Healthcare
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Careteq Cuts Cash Burn, Grows Revenue, but Platform Launch Delayed
9:46am on Tuesday 29th of July, 2025 AEST
Key Points
Operating cash outflow reduced by 85% to $0.07m in Q4
FY25 revenue up 2% to $8.3m despite divestment
1-System platform integration delayed due to developer transition
Raised $0.625m via convertible note and director loans
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Careteq (ASX:CTQ)
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