Following the announcement of a $10M - $15M investment, the company launched Transformation 360 and completed the creation of a shared services organization structure and detailed technology development plan as part of this initiative
Can anyone point to this announcement? I don't believe this relates to BENAI as that announcement didn't mention any dollars. It doesn't appear to be Charac either.
Patient engagement programs powered by THRiV represented almost 48% of 4Q revenue, compared to less than 3% in 4Q FY23
Not sure this is a major headline but more of a change to how US revenues are reported. Patient Engagement Programs existed before THRiV so not sure this can be considered a new revenue stream.
Executed over 88 programs across 69 brands with more than 30 pharma organizations
I like this statistic (but not the US spelling!) and hope they can continue to represent this metric in future reporting.
It's still a $3.5M loss for the quarter on $22.3M revenue.
Looking at SS's table above and is obvious, Q2 gets them out of trouble.
Assuming costs remain the same, they need to target $26M-$30M quarters.
Which looking at the double digit growth over the last couple years should be achievable in FY25.
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Following the announcement of a $10M - $15M investment, the...
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