earnings
confidence medium
sentiment neutral
materiality 0.35
Wellgistics Health Q2 2025 results: H1 pro forma revenue $18.65M, debt conversion strengthens balance sheet
Wellgistics Health, Inc.
2025-Q2 EPS reported
-$0.69
revenue$18,654,308
- Pro forma revenue for H1 2025 was $18.65M, up 2.2% from $18.25M in H1 2024.
- Converted $10.1M of debt into common stock equity (including $8.6M after June 30) to improve balance sheet flexibility.
- Completed operational integration of Wellgistics LLC and Wood Sage LLC, reduced SG&A, upgraded ERP system.
- Appointed UHY LLP, a PCAOB-registered auditor, which completed Q2 review; advancing SOC 2 certification.
- Expanding DTP programs in diabetes, weight loss, chronic pain; network includes 6,500+ pharmacies and 200 manufacturers.
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