Rewardle Holdings Ltd ( (AU:RXH) ) has provided an update.
Rewardle Holdings Limited reported positive cash flow from operations during the March quarter, which it reinvested into growth initiatives to create a compounding growth effect. The company is progressing with its growth strategy, particularly through its successful partnership with CloudHolter, a MedTech firm that has raised capital at a $100 million valuation. Rewardle’s investment in CloudHolter is expected to deliver strong returns, supported by CloudHolter’s innovative AI-powered software for cardiac arrhythmia diagnosis. The company is also working towards relisting its shares to better reflect its growth strategy’s success.
More about Rewardle Holdings Ltd
Rewardle Holdings Limited is a software company that develops, operates, and commercializes its proprietary Business to Business to Consumer (B2B2C) software platform, known as the Rewardle Platform. The company focuses on creating a portfolio of transactional, licensing, and equity positions in complementary partner businesses, with a significant emphasis on its partnership with CloudHolter, a MedTech company specializing in innovative cardiac monitoring services.
YTD Price Performance: -3.33%
Technical Sentiment Signal: Sell
Current Market Cap: A$15.26M
See more data about RXH stock on TipRanks’ Stock Analysis page.