Althea reported customer receipts of A$33 million in the 12 months to June, 51% higher than the previous year, but claimed stock outages robbed the company of recording its first cash flow positive quarter.

Fourth quarter receipts hit a record $9.5m, up 44% from the previous three-month period, while net cash used in operating activities fell 78% to $368,000.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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