WNX Quarterly update, I've written some notes below
Key Points
- Record cash inflows from brand sales (WNX owned brands) for the quarter
- Operating profit of $500,000
- Cash receipts @ $4.9M for the quarter, up 56% from the prior quarter
- 122% rise in margins for the prior 6 months of trading compared to the previous 6 months
- $1.35M spent on the purchase of 12 months supply of both ingredients + packaging for its Pain Away products, along with its new Wakey Wakey products
- The 2 new Wakey Wakey products are now in major pharmacies and supermarkets as of July
- Wellness Life was successfully launched last month and has commenced sales
WNX Quarterly update, I've written some notes belowKey Points-...
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