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How Will Althea Overcome Q2 Cash Outflows Amid US and Canada Expansion?
12:26am on Sunday 21st of December, 2025 AEDT
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Consumer Staples
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How Will Althea Overcome Q2 Cash Outflows Amid US and Canada Expansion?
12:26am on Sunday 21st of December, 2025 AEDT
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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