Ann: Appendix 4D and Half Year Report, page-4

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    MedAdvisor has never really had ‘cash’, at least not at the levels seen now.

    What are they going to do with $33M?
    • Pay out/down debt ($13M)
    • New product development
    • Grow sales teams to target more revenue
    • Break through in new markets (UK)
    • New acquisition
    • Rainy day war chest
    They still need to demonstrate $40M+ revenue in H2 to show what’s earned in December isn’t eroded. Costs of doing business and inflation is on the rise. I suspect they might plan a price rise for AU/NZ pharmacies using PlusOne.
 
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