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MedAdvisor (MDR) investor relations material
MedAdvisor AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary25 Nov, 2025
Opening remarks and agenda
Meeting opened with confirmation of quorum, introductions of board members, CEO, CFO, Company Secretary, and auditor, and an agenda covering Chair's address, formal business, voting, and a business update from the CEO.
CEO John Ciccio led the AGM, emphasizing patient engagement and technology-driven solutions for pharmacies and pharma partners.
Financial performance review
FY25 revenue was AUD 63 million (down 36%), gross profit AUD 32.9 million (down 38.5%), and EBITDA loss of AUD 10.7 million, with a gross margin of 52.3%.
Statutory loss was mainly due to a non-cash impairment of US intangible assets, including a $46.5M write-down.
Revenue and profit declined due to US health program budget cuts, regulatory challenges, reduced pharma marketing, delayed flu season, and lower vaccination rates.
Cost reduction program achieved a 13% decrease in operating costs year-over-year.
Ended September with net cash of AUD 13 million, no debt, and AUD 8 million held back from the ANZ divestiture.
Board and executive committee updates
Board reduced from nine to four directors to align with the downsized business; CFO Sean Slattery appointed Executive Director.
CEO transition from Rick Ratliff to John Ciccio, who brings 12 years of US business experience, with Ratliff supporting the transition.
What are the key success metrics for U.S. transformation?
Expected revenue impact from digital expansion
Capital deployment strategy post-transformation
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Next MedAdvisor earnings date
Q2 202626 Feb, 2026
Next MedAdvisor earnings date
Q2 202626 Feb, 2026
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Frequently asked questions
MedAdvisor Limited is a health technology company that provides digital medication management platforms and solutions for patients, pharmacies, and healthcare providers. Its offerings aim to improve medication adherence and streamline healthcare communication through mobile and web-based applications. MedAdvisor operates across several countries, serving the pharmaceutical, healthcare, and retail pharmacy sectors. The company is headquartered in Melbourne, Australia, and its shares are listed on the ASX.
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