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An update from Vitasora Health ( (AU:VHL) ) is now available.
Vitasora Health Limited has successfully received AU$2.43 million from a cornerstone investor as part of a larger AU$6.75 million commitment, which is crucial for completing their AU$11 million capital raise. This funding will support Vitasora’s operational growth and help achieve cash-flow breakeven by Q4 FY2026. The company is expanding its U.S. operations through partnerships, such as with Tampa Family Medical Centers and Iris Healthcare, and is in advanced negotiations for additional contracts. These developments underscore Vitasora’s strong market position and the confidence of investors in its Connected Care model, which is expected to drive sustainable growth and profitability.
More about Vitasora Health
Vitasora Health Limited is a pioneering company in the digital Connected Care sector within the U.S. healthcare market. They offer remote patient monitoring (RPM) and chronic care management (CCM) services, utilizing advanced technologies and clinical expertise to enhance healthcare outcomes and reduce costs. Their innovative solutions, including the FDA-approved wheezo® device, are integrated into healthcare systems to improve efficiency and patient care.
YTD Price Performance: -67.47%
Average Trading Volume: 1,544,692
Technical Sentiment Signal: Sell
Current Market Cap: A$46.83M
For a thorough assessment of VHL stock, go to TipRanks’ Stock Analysis page.