over 60% of Australian pharmacies are meant to be using their...

over 60% of Australian pharmacies are meant to be using their app, and revenues are just 5m and PBT is negative .....it seems fortunate that they bought Adheris to inflate the top line, because all the other businesses are not worth anything by the looks of it.

years and years of development, expanding the app use case, market share in Aus, and still burning cash.

Does anyone understand the gobbledygook on their strategy.....I mean it seems like instead of Adheris sending out some paper surveys / marketing in the US to encourage people to join health programs, MDR is trying to use a digital strategy....is that the extent of it. History shows mgmt are not great at running projects and struggle to monetise anything. Just look at Asia.....how long and how much money and there is virtually nothing happening there.