Elixinol Wellness ( (AU:EXL) ) has shared an announcement.
Elixinol Wellness reported a 13.7% increase in revenue year-on-year for Q1 FY25, despite a decrease from the previous quarter due to timing delays and retail range rationalization. The company is undergoing structural realignment and cost-saving initiatives to strengthen its financial position, with new product launches and market expansions expected to drive growth in the latter half of 2025.
More about Elixinol Wellness
Elixinol Wellness operates in the wellness industry, focusing on ecommerce and retail distribution of health products. The company is involved in the production and sale of wellness products, including those under the Healthy Chef brand, and is working on expanding its market presence in the U.S.
YTD Price Performance: -33.33%
Average Trading Volume: 5,125
Technical Sentiment Signal: Buy
Current Market Cap: $3.12M
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