Loss: $7.3m, compared with a $5.8m loss for the same period last year.
Key Takeaway: Me Today faces significant financial challenges with increased losses and reduced revenue, but is looking towards strategic shifts including leadership change, debt restructuring, and international expansion to stabilise and grow the business.
NZX-listed wellness company Me Today Group has reported a worsening loss after tax with revenue down for the six months ending December 31, 2023.
Owner of brands such as Superlife and Bee+, Me Today incurred a loss after tax of $7.3 million, compared with $5.8m for the same period last year.
The
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Loss: $7.3m, compared with a $5.8m loss for the same period last year.
Key Takeaway: Me Today faces significant financial challenges with increased losses and reduced revenue, but is looking towards strategic shifts including leadership change, debt restructuring, and international expansion to stabilise and grow the business.
