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Careteq Cuts Cash Burn, Grows Revenue, but Platform Launch Delayed

9:46am on Tuesday 29th of July, 2025 AEST 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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