Wellgistics Health, Inc.

Wellgistics Health, Inc.

WGRX·NASDAQ

$0.72

-7.8%
HealthcareMedical - Distribution

Wellgistics Health, Inc. operates as a wholesaler and distributor of pharmaceutical products to pharmaceutical manufacturers and independent retail pharmacies in the United States. The company distributes generic and branded pharmaceuticals, as well as over-the-counter healthcare and consumer products. It also offers third-party logistics services that include warehousing, inventory management, pick and pack, and shipping to small and mid-size pharmaceutical manufacturers. It also operates DelivMeds platform that serves as a pharmaceutical hub to facilitate the transfer of prescriptions and provide backend clinical concierge services to a network of independent pharmacies; and operates a retail community specialty. The company was formerly known as Danam Health, Inc. and changed its name to Wellgistics Health, Inc. in October 2024. Wellgistics Health, Inc. was incorporated in 2022 and is based in Tampa, Florida.

At a Glance

Live Snapshot
Market Cap$50.74M
EPS-0.1100
P/E Ratio-2.24
Earnings Date11/18/2025
3Y-45.0%
5Y-45.0%
10Y-45.0%
3Y+150.0%
5Y+150.0%
10Y+150.0%
Wellgistics Health, Inc.

Wellgistics Health, Inc. Profit Bridge

WGRX · NASDAQ
Revenue18.13M
Cost of Goods Sold (16.36M)
Gross Profit1.77M
Operating Expenses (7.91M)
Operating Income-6.15M
Interest Expense (831.47K)
Other Income/Expense-711.09K
Pretax Income-6.86M
Income Tax (0.00)
Net Income-6.86M
Net Income
-6.86M

Profitability Analysis

Gross Margin

9.7%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-33.9%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-37.8%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Wellgistics Health, Inc. Income Statement

WGRX • NASDAQ

Wellgistics Health, Inc. Income StatementDec 2024Dec 2023Dec 2022
REVENUE
18.1M
0.0
32.8M
GROSS PROFIT
(16.4M)
(0.0)
(27M)
1.8M
0.0
5.7M
OPERATING INCOME
(7.9M)
(2.9M)
(9.2M)
(6.8M)
(2.9M)
(7.1M)
(0.0)
(375.0)
(1.4K)
-6.1M
-2.9M
-3.4M
PRE-TAX INCOME
(831.5K)
(15.1K)
(287.2K)
-831.5K
-15.1K
-287.2K
(1.1M)
-375.0
(2.1M)
-711.1K
-15.1K
678.9K
-6.9M
-2.9M
-2.7M
NET INCOME
-6.9M
-2.9M
-2.7M

SEC Filings

WGRX - Filing history and reports

No SEC filings available for WGRX