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Wellnex Life Limited (ASX:WNX)

ALERT: Price-sensitive ASX Announcement for WNX
Current share price for WNX : $0.045 -0.06 (-57.14%)+
Release
27 Feb 2026 9:54AM
Price at Release
$0.105
Full Release
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Summary
Wellnex Life Limited has reported significant improvements for the first half of its financial year ending on 31 December 2025. The company's revenue increased by 8% to $12.9 million, and its gross margin saw an improvement of 9.4 percentage points, reaching 32.1%. The business achieved operating breakeven in the second quarter of the financial year 2026. These results are attributed to the company's strategic focus on becoming a leaner and more efficient operation with stronger management and tighter capital management. Following the period end, Wellnex Life is exploring funding options to raise capital, including for the settlement of related party loans. The company remains committed to delivering consistent performance and building long-term shareholder value in the second half of FY26.
Key Points
  • Revenue increased by 8% to $12.9 million.
  • Gross margin improved by 9.4 percentage points to 32.1%.
  • Achieved operating breakeven in Q2 FY26.
  • Focus on leaner operations and tighter capital management.
  • Exploring funding options for capital raising.
  • Committed to delivering consistent performance in H2 FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.