Mobile-health network solutions announces h1 fy2025 results; continues on drive towards scale and profitability

Singapore, singapore--(newsfile corp. - june 16, 2025) - mobile-health network solutions (nasdaq: mndr) ("mndr" or "the company"), a leading medtech innovator ranked among asia-pacific's high-growth companies, today announced financial results for the first six months of its fiscal year 2025 ("h1 fy2025"). h1 fy2025 performance: short-term impact from transition to leaner, stronger model for the period ended december 31, 2024, the company reported: revenue of us$4.3 million, compared to us$6.6 million for the same prior period ("h1 fy2024") net earnings of us$(1.7 million), compared to us$(1.5 million) in h1 fy2024 cash and cash equivalents were at us$2.6 million, compared to us$6.7 million in h1 fy2024 the lower revenue was mainly due to a drop in the use of mndr's telemedicine services from the year-ago period, following the closure of its citygate clinic in singapore.
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