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How Althea Group Slashed Losses and Pivoted to US THC Beverages
4:21pm on Friday 29th of August, 2025 AEST
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Healthcare
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How Althea Group Slashed Losses and Pivoted to US THC Beverages
4:21pm on Friday 29th of August, 2025 AEST
Key Points
Loss after tax narrowed 74% to $8.35 million
Revenue from continuing operations rose to $15.56 million
Sale and wind-up of UK and Australian medicinal cannabis businesses
Secured $4 million funding via share and loan note placements
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