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Wellnex Life Slashes FY26 Loss by 70% Ahead of Pain Away Sale

6:00pm on Monday 31st of August, 2026 AEST Healthcare
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Wellnex Life Slashes FY26 Loss by 70% Ahead of Pain Away Sale

6:00pm on Monday 31st of August, 2026 AEST
Key Points
  • Revenue rose 5.1% to $24.8 million
  • Net loss narrowed 70.8% to $4.5 million
  • Pain Away brand sale agreed for $19.8 million upfront
  • Positive operating cash flow achieved in second half
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