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Global Health Limited Reports Revenue Growth Amid Challenging Conditions

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Global Health Limited Reports Revenue Growth Amid Challenging Conditions

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Global Health Limited ( (AU:GLH) ) just unveiled an announcement.

Global Health Limited reported an 8% increase in revenue to $4.353 million for the six months ending December 2024, despite challenging conditions, with significant contributions from new and existing customers. The company reduced expenses by 3%, improved EBITDA by 55%, and achieved a 70% improvement in cash flow, indicating a positive trend towards financial stability. The company continues to focus on business development and R&D to support new market segments and enhance value-added features, while navigating difficult economic conditions in private hospitals.

More about Global Health Limited

Global Health Limited is engaged in the development, sales, and support of healthcare applications for providers in various delivery settings.

YTD Price Performance: 7.14%

Average Trading Volume: 26,888

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$8.71M

For a thorough assessment of GLH stock, go to TipRanks’ Stock Analysis page.

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