Mobile-health Network Solutions (MNDR) Registration filing summary

Company overview and business model

• Operates a doctor-founded, AI-enabled telehealth platform offering integrated healthcare services via mobile app and website, targeting both B2C and B2B segments.

• Provides teleconsultations, e-commerce for curated health products, corporate wellness, and B2B pharma distribution.

• Platform features include 24/7 virtual care, AI-driven triage, weight management, and a global medical community.

• Serves over 1 million registered users and 2,000+ healthcare professionals across 18+ countries, with a strong presence in Singapore and APAC.

• Revenue streams include telemedicine, product sales, corporate health, and government contracts.

Financial performance and metrics

• FY2025 revenue was $7.6M, down 45% from $14M in FY2024, mainly due to a drop in telemedicine transactions.

• Net loss for FY2025 was $3.4M, a significant improvement from $15.6M in FY2024.

• Gross profit for FY2025 was $1.3M, with operating expenses of $4.8M.

• Cash and cash equivalents as of June 30, 2025, were $1.0M; total assets were $4.4M, and total liabilities $1.8M.

• Going concern risk disclosed due to recurring losses and negative cash flows; management is pursuing additional financing.

Use of proceeds and capital allocation

• May receive up to $7.24M in gross proceeds from equity sales under the Purchase Agreement; proceeds intended for working capital and general corporate purposes.

• Management retains broad discretion over use of funds, with potential allocation to debt repayment and operational needs.