HEALWELL AI's Fourth-Quarter Loss Widens as Revenue Surges on Acquisitions

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HEALWELL AI's Fourth-Quarter Loss Widens as Revenue Surges on Acquisitions

, MT Newswires - 11:09 AM ET 3/26/2025 default

11:09 AM EDT, 03/26/2025 (MT Newswires) -- HEALWELL AI (AIDX.TO) on Wednesday said its fourth-quarter loss widened significantly while revenue surged.

The healthcare-technologies company said it lost $11.8 million, or $0.23 per share, in the quarter, compared with a loss of $6.8 million, or $0.10, in the prior year period.

Quarterly revenue from continuing operations surged 692% to $15.2 million, due to acquisitions.

The company said it is expecting to close its acquisition of Orion Health on April 1, which it described as a "unified healthcare SaaS platform" that unites patient healthcare data from across the healthcare ecosystem into a single platform.

HEALWELL shares were last seen up $0.12 to $1.72 on the Toronto Stock Exchange.

Price: 1.70, Change: +0.10, Percent Change: +6.25

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