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Why Is Careteq Selling Embedded Health Solutions Amid Rising Losses?
5:02pm on Thursday 26th of February, 2026 AEDT
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Healthcare
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Why Is Careteq Selling Embedded Health Solutions Amid Rising Losses?
5:02pm on Thursday 26th of February, 2026 AEDT
Key Points
Half-year revenue declined 18% to $51,003
Loss after tax from continuing operations increased 22.8% to $922,188
Plans to divest Embedded Health Solutions for $5 million, pending shareholder approval
Ongoing dispute with Australian Tax Office over $3.6 million in R&D tax claims
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