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Add as a preferred source on GoogleMobile-health Network Solutions Posts 28.3% Gross Profit Growth
Fiscal-year revenue reached $7.74 million, up 1.3% year over year, while the net loss narrowed to $3.19 million.
Mobile-health Network Solutions (MNDR) increased fiscal-year gross profit 28.3% to $1.64 million year over year as its gross margin widened and net loss narrowed.
Revenue totaled $7.74 million, an increase of 1.3%. Gross margin was 21.2%, up from 16.7% in the year-earlier period.
The net loss narrowed 9.7% to $3.19 million. Operating expenses rose 2.3% as the company invested in technology, product innovation and expansion into new geographic markets.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.