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Wellgistics Health reports substantial quarterly loss and steep revenue decline
Wellgistics Health released figures for the quarter ended 30/06/2026: loss per share $7.13 (prior year: -$5,500). Revenue fell to $1.8 million, down 77.15% from $7.8 million in the year-ago quarter. Âť More on finanzen.net
Wellgistics Health appoints Brett Thompson as advisory chief technology officer
Wellgistics Health has appointed Brett Thompson as advisory chief technology officer; his predecessor Srini Kalla is stepping down. Thompson brings more than 30 years of enterprise and health-technology experience, including pharmacy management system integrations, EHR standards (FHIR, HL7) and compliance (HIPAA, SOC 2, ISO/IEC 27001). The appointment comes as the company pursues a direct-to-consumer strategy and planned licensing expansions with DataMeds AI and DataVault AI, while the company faces financial pressure (market capitalization $7.35 million, stock 93% below its 52-week high). Âť More on de.investing.com
Wellgistics executives convert warrants into 200,000 common shares
Executive Chairman Suren Ajjarapu and President & Interim Co-CEO Prashant Patel exercised warrants and together acquired 200,000 common shares at $10.00 each. The shares resulting from the exercise are subject to existing lock-up agreements; there are now 2,847,198 common shares outstanding in total, of which shareholders holding about 1,533,930 shares have agreed to a 90-day hold. The stock is trading at $2.93, near its 52-week low, and the market capitalization is about $7.65 million. The company operates in health IT with the AI platform EinsteinRx and has proposed a name change to DataMeds AI. Âť More on de.investing.com
Financials
| (EUR) | Jun 2026 | |
|---|---|---|
| Revenue | 1.56M | 76.41% |
| Gross profit | 159.65K | 62.79% |
| Net profit | -16.09M | 184.22% |
| EBITDA | -6.12M | 54.03% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | âŹ7.46M |
Number of shares | 2.46M |
52-week high/low | âŹ83.92 - âŹ2.14 |
| Dividends | No |
Beta | -1.46 |
P/E ratio | -0.02 |
PEG ratio | 0.00 |
P/B ratio | -0.13 |
P/S ratio | 0.31 |
Company profile
| Name | WELLGISTICS HEALTH O.N. |
| CEO | Prashant Patel |
| Employees | 31 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | WGRX |
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