Wellgistics Health Inc. reported a net operating loss of $33.9 million for the third quarter of 2025, compared to a net operating loss of $1.9 million for the same period in 2024. Net loss per share was $0.46 on 74.4 million weighted average shares outstanding, up from a net loss of $0.04 per share on 48.4 million weighted average shares outstanding in the third quarter of 2024. The increase in net loss was primarily attributed to higher stock-based compensation. During the period, the company focused its sales efforts on the launch of Brenzavvy for the Type 2 diabetes market and prepared for the rollout of its EinsteinRx AI pharmacy hub software. Wellgistics Health also pursued the proposed acquisition of Kare Hub Rx to enhance telepharmacy integration capabilities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wellgistics Health Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1105052) on November 20, 2025, and is solely responsible for the information contained therein.
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