Advanced Human Imaging (AHI) has released an update.
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Advanced Health Intelligence Ltd reported a loss of $7,735,029 for the second half of 2023, with a decrease in operating revenue and software income due to a strategic shift towards launching their Biometric Health Assessment product. The company has also consolidated its business through acquisitions and a reduction in headcount, and has seen an increase in sales and marketing expenses as it prepares for the BHA launch with new commercial partners in Asia and the Middle East.
For further insights into AHI stock, check out TipRanks’ Stock Analysis page.