There's a lot of focus on the flat performance of WH in the last half of FY24, and rightly so, but I think there were some signs that things were improving in the last quarter of FY24 here are two clips from the FY24 report
There was a US$7.2M legacy issue for Annovera which accounted for the flat performance.
As far as Nextstellis goes there was a 10.4% QoQ improvement in the last quarter suggesting things were beginning to turn around. Comment related to Nextstellis.
Should there be a follow through with these two in the first 4 mths of FY25, we will see a significant turnaround in profitability, of course no follow through means we are back to $4.
There was just a small hint of what's coming from the CEO during the last presentation when he said at the end of question time...
" ... this is going to help us to continue this remarkable turnaround that we've had so far and surprise the market with our continued growth to profitabilty"
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