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Can Hydrix Turn Around Its Revenue Slide Amid Rising Losses?

9:26am on Friday 27th of February, 2026 AEDT Healthcare
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Can Hydrix Turn Around Its Revenue Slide Amid Rising Losses?

9:26am on Friday 27th of February, 2026 AEDT
Key Points
  • 14% revenue decline to $4.84 million in H1 2026
  • Net loss widens to $2.34 million from $636k prior year
  • Cash balance improves to $584k but current liabilities exceed assets by $12 million
  • New $2.5 million contract secured for artificial heart development
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