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How Will Althea Overcome Q2 Cash Outflows Amid US and Canada Expansion?
4:35pm on Thursday 31st of July, 2025 AEST
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Consumer Staples
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How Will Althea Overcome Q2 Cash Outflows Amid US and Canada Expansion?
4:35pm on Thursday 31st of July, 2025 AEST
Key Points
Q2 operating cash outflows driven by one-off subsidiary sale and legacy costs
Strategic expansion and premium product focus in US and Canadian markets
Appointment of new CFO and resignation of CEO announced
Active discussions to increase short-term borrowing capacity underway
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