WGRX
WGRX
Wellgistics Health, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $1.67M ▼ | $2.53M ▼ | $-27.85M ▲ | -1.67K% ▼ | $-0.27 ▲ | $-12.02M ▲ |
| Q3-2025 | $3.01M ▼ | $30.98M ▲ | $-34.32M ▼ | -1.14K% ▼ | $-0.46 ▼ | $-30.75M ▼ |
| Q2-2025 | $7.79M ▼ | $6.01M ▼ | $-6.67M ▲ | -85.64% ▲ | $-0.11 ▲ | $-4.69M ▲ |
| Q1-2025 | $10.86M ▲ | $32.04M ▲ | $-32.43M ▼ | -298.53% ▼ | $-0.62 ▼ | $-30.53M ▼ |
| Q4-2024 | $-16.05M | $-1.73M | $355.29K | -2.21% | $-0.08 | $659.2K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $42.57K ▼ | $30.46M ▼ | $42.91M ▼ | $-12.45M ▼ |
| Q3-2025 | $4.23M ▲ | $52.78M ▼ | $46M ▼ | $6.78M ▲ |
| Q2-2025 | $419.94K ▼ | $54.23M ▼ | $53.32M ▼ | $905.25K ▼ |
| Q1-2025 | $2.52M ▲ | $58.06M ▲ | $53.58M ▲ | $4.48M ▼ |
| Q4-2024 | $1.03M | $57.33M | $50.6M | $6.73M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-27.85M ▲ | $-6.29M ▼ | $-255.38K ▼ | $2.36M ▼ | $-4.19M ▼ | $-6.29M ▼ |
| Q3-2025 | $-34.32M ▼ | $-1.14M ▲ | $-221.09K ▼ | $5.17M ▲ | $3.81M ▲ | $-730.27K ▲ |
| Q2-2025 | $-6.67M ▲ | $-2.08M ▼ | $-131.93K ▲ | $114.28K ▼ | $-2.1M ▼ | $-2.21M ▼ |
| Q1-2025 | $-32.43M ▼ | $-1.35M ▲ | $-273.13K ▼ | $3.11M ▲ | $1.49M ▲ | $-1.62M ▲ |
| Q4-2024 | $-4.33M | $-2.66M | $838.41K | $2.06M | $235.19K | $-2.77M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Product | $10.00M ▲ | $10.00M ▲ | $0 ▼ | $0 ▲ |
5-Year Trend Analysis
A comprehensive look at Wellgistics Health, Inc.'s financial evolution and strategic trajectory over the past five years.
Wellgistics’ strengths are primarily strategic and technological. It has a bold vision to modernize pharmaceutical distribution and patient engagement through proprietary blockchain and AI platforms, integrated with logistics, telehealth, and clinical services. Its focus on independent pharmacies and direct‑to‑consumer channels taps into underserved or evolving parts of the market. The asset base, including intangible technology and acquired platforms, provides tools to pursue this strategy, and existing relationships with many pharmacies and manufacturers, if active, offer a starting network to build upon.
The financial profile presents serious risks. The company is deeply unprofitable, losing money at every level of the income statement and burning cash from its operations. The balance sheet shows negative equity, high leverage, and limited liquidity, leaving little room for setbacks. Much of the asset value is intangible and could be impaired if performance lags. Competitive and regulatory pressures are intense, and the company must execute multiple complex initiatives at once while under financial strain. Access to capital and the ability to stabilize operations are key uncertainties.
The outlook is highly binary and uncertain. On one hand, if Wellgistics can secure sufficient funding, successfully roll out its technology, gain adoption among pharmacies, patients, and manufacturers, and scale revenue meaningfully, it could transition from a distressed, early‑stage operator into a differentiated healthcare platform. On the other hand, if adoption is slower than expected, if regulatory or competitive pressures intensify, or if financing becomes constrained, the combination of ongoing losses, high debt, and weak liquidity could force major restructuring or strategic changes. Any forward view on the company hinges more on execution and financing risk than on current financial performance, which is clearly unsustainable as is.
About Wellgistics Health, Inc.
https://www.wellgisticshealth.comWellgistics 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $1.67M ▼ | $2.53M ▼ | $-27.85M ▲ | -1.67K% ▼ | $-0.27 ▲ | $-12.02M ▲ |
| Q3-2025 | $3.01M ▼ | $30.98M ▲ | $-34.32M ▼ | -1.14K% ▼ | $-0.46 ▼ | $-30.75M ▼ |
| Q2-2025 | $7.79M ▼ | $6.01M ▼ | $-6.67M ▲ | -85.64% ▲ | $-0.11 ▲ | $-4.69M ▲ |
| Q1-2025 | $10.86M ▲ | $32.04M ▲ | $-32.43M ▼ | -298.53% ▼ | $-0.62 ▼ | $-30.53M ▼ |
| Q4-2024 | $-16.05M | $-1.73M | $355.29K | -2.21% | $-0.08 | $659.2K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $42.57K ▼ | $30.46M ▼ | $42.91M ▼ | $-12.45M ▼ |
| Q3-2025 | $4.23M ▲ | $52.78M ▼ | $46M ▼ | $6.78M ▲ |
| Q2-2025 | $419.94K ▼ | $54.23M ▼ | $53.32M ▼ | $905.25K ▼ |
| Q1-2025 | $2.52M ▲ | $58.06M ▲ | $53.58M ▲ | $4.48M ▼ |
| Q4-2024 | $1.03M | $57.33M | $50.6M | $6.73M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-27.85M ▲ | $-6.29M ▼ | $-255.38K ▼ | $2.36M ▼ | $-4.19M ▼ | $-6.29M ▼ |
| Q3-2025 | $-34.32M ▼ | $-1.14M ▲ | $-221.09K ▼ | $5.17M ▲ | $3.81M ▲ | $-730.27K ▲ |
| Q2-2025 | $-6.67M ▲ | $-2.08M ▼ | $-131.93K ▲ | $114.28K ▼ | $-2.1M ▼ | $-2.21M ▼ |
| Q1-2025 | $-32.43M ▼ | $-1.35M ▲ | $-273.13K ▼ | $3.11M ▲ | $1.49M ▲ | $-1.62M ▲ |
| Q4-2024 | $-4.33M | $-2.66M | $838.41K | $2.06M | $235.19K | $-2.77M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Product | $10.00M ▲ | $10.00M ▲ | $0 ▼ | $0 ▲ |
5-Year Trend Analysis
A comprehensive look at Wellgistics Health, Inc.'s financial evolution and strategic trajectory over the past five years.
Wellgistics’ strengths are primarily strategic and technological. It has a bold vision to modernize pharmaceutical distribution and patient engagement through proprietary blockchain and AI platforms, integrated with logistics, telehealth, and clinical services. Its focus on independent pharmacies and direct‑to‑consumer channels taps into underserved or evolving parts of the market. The asset base, including intangible technology and acquired platforms, provides tools to pursue this strategy, and existing relationships with many pharmacies and manufacturers, if active, offer a starting network to build upon.
The financial profile presents serious risks. The company is deeply unprofitable, losing money at every level of the income statement and burning cash from its operations. The balance sheet shows negative equity, high leverage, and limited liquidity, leaving little room for setbacks. Much of the asset value is intangible and could be impaired if performance lags. Competitive and regulatory pressures are intense, and the company must execute multiple complex initiatives at once while under financial strain. Access to capital and the ability to stabilize operations are key uncertainties.
The outlook is highly binary and uncertain. On one hand, if Wellgistics can secure sufficient funding, successfully roll out its technology, gain adoption among pharmacies, patients, and manufacturers, and scale revenue meaningfully, it could transition from a distressed, early‑stage operator into a differentiated healthcare platform. On the other hand, if adoption is slower than expected, if regulatory or competitive pressures intensify, or if financing becomes constrained, the combination of ongoing losses, high debt, and weak liquidity could force major restructuring or strategic changes. Any forward view on the company hinges more on execution and financing risk than on current financial performance, which is clearly unsustainable as is.

CEO
Prashant Patel
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Ratings Snapshot
Rating : C+

