In the past year, Gelteq Ltd earned $50,000 but lost $2.3 million, with a market cap of $47.2 million.
Gelteq Pty Ltd describes itself as a science-focused company that develops gel-based delivery solutions for various products, including prescription drugs and pet care. They create “white label” gels, which means other companies can rebrand Gelteq’s products as their own. Their main offerings include gels for pets, sports, pharmaceuticals, over-the-counter products, and nutraceuticals. The company aims to license its technology to other businesses while continuing to produce existing products under license.
*As of June 30, 2022, Gelteq Ltd reported a loss of $2.29 million and revenue of about $100,000. For the year ending June 30, 2023, losses were $2.28 million with revenue of $50,000.*
*Gelteq Ltd is offering 1.3 million shares at $5.00 each to raise $6.5 million, aiming for a NASDAQ listing. They filed for IPO on March 31, 2022.*
Founded in 2018, Gelteq Pty Ltd has 8 employees. Their address is Level 4 100 Albert Road, South Melbourne VIC, 3025, Australia. Contact: +61 3 9087 3990. More info at gelteq.com.
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