Anagenics ( (AU:AN1) ) has issued an announcement.
Anagenics Limited reported a significant improvement in its net operating performance for the quarter ending March 31, 2025, achieving a net profit before tax of $138k despite a temporary revenue dip due to a warehousing transition. The company’s operating cash outflows improved to $0.4 million from $0.9 million in the previous quarter, and it is confident in its ability to meet cash flow requirements without additional equity funding for the next two quarters. Anagenics continues to seek value accretive opportunities in line with its strategic goals.
More about Anagenics
Anagenics Limited is a health, beauty, and wellness company that enhances shareholder value through the global distribution and sales of its proprietary and licensed brands of differentiated, clinically validated anti-aging solutions. Its wholly owned subsidiary, BLC Cosmetics Pty Ltd, focuses on the sales and distribution of leading Australian and international brands of cosmetic and wellness products.
Current Market Cap: A$3.69M
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