Global Health Limited Celebrates Financial Turnaround

Global Health Limited (AU:GLH) has released an update.

Global Health Limited has reported a significant turnaround with a positive EBITDAR of $1.47M, marking a 242% improvement over the previous year. The company has achieved this by reducing operating expenses by $1.66M and increasing investment in growth-related R&D by 21.8%, which has led to a 62% improvement in EBITDA despite higher R&D expenditures.

For further insights into AU:GLH stock, check out TipRanks’ Stock Analysis page.