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Wellnex Life Ltd Retracts Financial Forecasts in SP Angel Report

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Wellnex Life Ltd Retracts Financial Forecasts in SP Angel Report

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Wellnex Life Ltd ( (AU:WNX) ) has provided an update.

Wellnex Life Ltd has retracted financial forecasts previously shared in a research report produced by SP Angel, one of its UK-based brokers. The company had initially provided SP Angel with both public and internal financial targets for FY25 and FY26, which were used to generate independent forecasts. However, the company has since withdrawn these projections, which were based on assumptions of continued revenue growth, increased product distribution, and realization of sales targets.

More about Wellnex Life Ltd

Average Trading Volume: 101,382

Technical Sentiment Signal: Sell

Current Market Cap: A$23.04M

For an in-depth examination of WNX stock, go to TipRanks’ Stock Analysis page.

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