Welcome to our dedicated page for Mobile-health Network Solutions news (Ticker: MNDR), a resource for investors and traders seeking the latest updates and insights on Mobile-health Network Solutions stock.
Mobile-health Network Solutions (MNDR) delivers integrated telehealth services through its MaNaDr platform, combining virtual care with medical e-commerce solutions. This news hub provides investors and healthcare professionals with timely updates about the company's strategic developments.
Access official press releases covering financial results, technology partnerships, and service expansions. Our curated collection includes regulatory filings, product launch announcements, and market position updates – all essential for understanding MNDR's role in shaping digital healthcare.
Key updates feature platform enhancements, physician network growth, and pharmaceutical distribution milestones. Bookmark this page for direct access to primary sources about MNDR's innovations in telemedicine and medical device sales across Asia-Pacific markets.
Mobile-health Network Solutions (Nasdaq: MNDR), a leading Asia-Pacific telehealth provider, will participate in the Sidoti August Virtual Investor Conference on August 14-15, 2024. Co-Founders and Co-CEOs Dr. Siaw Tung Yeng and Dr. Rachel Teoh Pui Pui will lead the presentation, scheduled for 8:30 AM ET on Wednesday, August 14. The event can be accessed live via a provided Zoom link.
Joining the Co-CEOs will be Law Pei Bei (Chief Business Officer), Peng Chee Yong (Chief Financial Officer), and Lan Kangming (Investor Relations Officer). The company will also host virtual one-on-one meetings with investors on both days of the conference. Interested parties can register for the presentation or one-on-one sessions through the Sidoti website, with registration being free and open to all.
Ryde Group (NYSE American: RYDE), a prominent mobility and commerce tech platform, announced a partnership with Mobile-health Network Solutions (Nasdaq: MNDR), the first US-listed telehealth provider in Asia Pacific. This collaboration aims to offer Ryde’s driver-partners and their families access to affordable telemedicine services, enhancing their well-being while on the road. Benefits include 24/7 telemedicine consultations at members' rates and joint marketing campaigns to boost brand awareness. The partnership is expected to strengthen Ryde's position as a leading mobility app and increase patient inflow for Mobile-health Network Solutions.
Mobile-health Network Solutions (NASDAQ: MNDR) announced a significant update to its cloud-based MaNaDr AI-Powered Health Operating System (MHOS). The new features improve clinic efficiency and patient care with streamlined electronic health records (EHR) and customizable medical templates. MHOS is fully compliant with Singapore's National Electronic Health Record standards, ensuring secure data exchange.
This update aims to scale MNDR's global reach through a SaaS or white-label licensing model, generating recurring revenue and positioning the company for growth in the healthcare IT market. The AI-powered system enables better care coordination, population health analysis, and advanced AI training to improve disease diagnosis and treatment recommendations.
MNDR's update to MHOS supports an integrated telehealth platform, enhancing the overall healthcare ecosystem and fostering informed decision-making by clinicians. The company aims to revolutionize healthcare delivery, optimizing resource allocation and improving patient outcomes.
Mobile-health Network Solutions (Nasdaq: MNDR), a leading Asia-Pacific telehealth provider, reported a significant revenue increase of approximately 120% for the first six months of fiscal 2024 (H1FY24), reaching $6.6 million, up from $3.0 million in the same period of fiscal 2023 (H1FY23).
This growth was driven by a 101% increase in telemedicine consultations, reaching 731,000 compared to 363,000 during H1FY23, boosted by higher adoption rates and a larger market share.
The company's gross profit surged by 218% to $1.2 million, with a notable improvement in gross profit margin from 12.7% to 18.2%. However, increased operational expenses led to a rise in net loss by $171,634.
Cash and cash equivalents rose slightly to $2.5 million as of December 31, 2023, up from $2.2 million as of June 30, 2023.
Mobile-health Network Solutions (MNDR) has expanded its services to Malaysia by establishing a subsidiary in the country. This strategic move aims to deliver accessible and affordable healthcare services in Southeast Asia, positioning MNDR as a leader in telemedicine solutions across the region. The expansion allows the company to offer tailored services to meet Malaysia's unique healthcare needs, addressing the rising chronic diseases like diabetes and hypertension. MNDR's telemedicine platform provides convenient access to qualified doctors, medication management, and chronic disease education, ultimately contributing to a healthier population in Southeast Asia.
Mobile-health Network Solutions (MNDR) addresses recent market fluctuations in share price with a commitment to long-term growth strategy. The company is expanding operations to Indonesia, recognized as #41 fastest growing company in APAC by Financial Times. Launching ManaPharma Pharmacy to diversify and strengthen position in healthcare sector. Revenue projected to double in the first half of 2024 compared to 2023, emphasizing effective strategic initiatives. MNDR remains transparent, committed to open communication with stakeholders, and confident in business fundamentals.
Mobile-health Network Solutions (MNDR) announced the opening of ManaPharma Pharmacy in Singapore, offering a wide range of skin and beauty care products, prescription, and over-the-counter medicines. The pharmacy provides personalized service, skin analysis using advanced technology, and expert guidance on medication usage. Located at a central spot, ManaPharma Pharmacy aims to be the go-to destination for a premium pharmacy experience.
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