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Adheris Health (AHE) investor relations material
Adheris Health H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Report covers the half-year ended 31 December 2025, following the sale of the Australian and New Zealand (ANZ) business and a company name change.
Principal activities now focus on pharmacy-driven, digital patient engagement solutions in the US market.
No dividends were paid, recommended, or declared during the period.
Financial highlights
Revenue from continuing operations was $23.3 million, down from $45.7 million year-over-year due to the ANZ business sale.
Net profit after tax was $7.35 million, up from $1.4 million, driven by a $17.5 million profit on the ANZ business sale.
Excluding the gain on disposal, the group recorded a loss after tax of $10.1 million.
Cash and cash equivalents at 31 December 2025 were $8.1 million, down from $10.3 million at 30 June 2025.
Net assets increased to $8.94 million from $1.05 million at 30 June 2025.
Outlook and guidance
Directors believe the group will continue as a going concern, supported by post-period receipt of $6.1 million holdback from the ANZ sale and cash flow forecasts.
- Significant revenue decline and US asset impairment led to a $60.2M net loss; ANZ business sold.AHE
H2 202525 Mar 2026 - Revenue down 45.8% year-over-year; cost cuts and new tech platform target recovery.AHE
Q2 2026 TU8 Mar 2026 - Revenue and profit fell sharply, prompting divestment and a focus on digital transformation.AHE
AGM 20253 Feb 2026 - Sharp 3Q declines offset by cost cuts and strong ANZ, with growth forecast for FY26.AHE
Q3 20253 Feb 2026 - Record profit, robust growth, and a five-year plan with strategic review to unlock value.AHE
AGM 202414 Jan 2026 - Revenue down 39% on US vaccine delays; margin and 2H outlook improve with cost savings ahead.AHE
Q2 20259 Jan 2026 - Revenue down 24% but margin and digital program mix improved; cost savings underway.AHE
H1 202526 Dec 2025 - Significant shareholder protest votes challenged executive incentives and retention plans.AHE
AGM 202523 Nov 2025 - ANZ business sold for up to AUD 42.35m; U.S. focus and leadership transition underway.AHE
Investor Update16 Nov 2025
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