Health House International parent Melodiol Global Health reported a full-year loss of more than A$52 million in 2023 as management admitted its future remains uncertain unless more capital is found.

Despite revenue from continuing operations jumping 203% to almost $19m, the huge loss, operating outflows of $8.1m and $17m deficiency between assets and liabilities cast doubt over its survival.

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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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