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Wellgistics Health, Inc. (WGRX) 10-Year Financial Performance & Capital Metrics

WGRX • • Industrial / General
HealthcareMedical DistributionPharmaceutical DistributionSpecialty Pharmaceutical Distributors
AboutWellgistics 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.Show more
  • Revenue $18M
  • EBITDA -$5M -74.6%
  • Net Income -$7M -136.8%
  • EPS (Diluted) -0.13 -116.7%
  • Gross Margin 9.75%
  • EBITDA Margin -27.75%
  • Operating Margin -33.9%
  • Net Margin -37.82%
  • ROE -357.65%
  • ROIC -32.21%
  • Debt/Equity 3.73
  • Interest Coverage -7.39 +96.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗High debt to equity ratio of 3.7x
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 4 (bottom 4%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 16.2% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-91.8%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-284.38%

EPS CAGR

10Y-
5Y-
3Y-
TTM-279.78%

ROCE

10Y Avg-73.44%
5Y Avg-73.44%
3Y Avg-73.44%
Latest-73.44%

Peer Comparison

Specialty Pharmaceutical Distributors
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
RDGTRidgetech Inc.43.15M2.361.28-22.37%-8.97%-134.46%1.47%0.35
WGRXWellgistics Health, Inc.41.73M0.41-3.14-13%-10.78%3.73

Profit & Loss

Dec 2023Dec 2024
Sales/Revenue+018.13M
Revenue Growth %--
Cost of Goods Sold+016.36M
COGS % of Revenue-0.9%
Gross Profit+01.77M
Gross Margin %-0.1%
Gross Profit Growth %--
Operating Expenses+2.88M7.91M
OpEx % of Revenue-0.44%
Selling, General & Admin2.88M6.8M
SG&A % of Revenue-0.37%
Research & Development3750
R&D % of Revenue--
Other Operating Expenses-3751.11M
Operating Income+-2.88M-6.15M
Operating Margin %--0.34%
Operating Income Growth %--1.13%
EBITDA+-2.88M-5.03M
EBITDA Margin %--0.28%
EBITDA Growth %--0.75%
D&A (Non-Cash Add-back)01.11M
EBIT-2.88M-6.02M
Net Interest Income+-15.08K-831.47K
Interest Income00
Interest Expense15.08K831.47K
Other Income/Expense-15.08K-711.09K
Pretax Income+-2.9M-6.86M
Pretax Margin %--0.38%
Income Tax+00
Effective Tax Rate %1%1%
Net Income+-2.9M-6.86M
Net Margin %--0.38%
Net Income Growth %--1.37%
Net Income (Continuing)-2.9M-6.86M
Discontinued Operations00
Minority Interest00
EPS (Diluted)+-0.06-0.13
EPS Growth %--1.17%
EPS (Basic)-0.06-0.13
Diluted Shares Outstanding44.72M51.94M
Basic Shares Outstanding44.72M51.94M
Dividend Payout Ratio--

Balance Sheet

Dec 2023Dec 2024
Total Current Assets+338.36K15.17M
Cash & Short-Term Investments1.36K1.03M
Cash Only1.36K1.03M
Short-Term Investments00
Accounts Receivable337K3.75M
Days Sales Outstanding-75.42
Inventory09.52M
Days Inventory Outstanding-212.35
Other Current Assets0875.39K
Total Non-Current Assets+042.16M
Property, Plant & Equipment01.92M
Fixed Asset Turnover-9.46x
Goodwill016.22M
Intangible Assets022.36M
Long-Term Investments017.67K
Other Non-Current Assets01.65M
Total Assets+338.36K57.33M
Asset Turnover-0.32x
Asset Growth %-168.44%
Total Current Liabilities+2.89M38.05M
Accounts Payable1.04M6.33M
Days Payables Outstanding-141.31
Short-Term Debt350K12.04M
Deferred Revenue (Current)0245.76K
Other Current Liabilities950K3.11M
Current Ratio0.12x0.40x
Quick Ratio0.12x0.15x
Cash Conversion Cycle-146.46
Total Non-Current Liabilities+350K12.55M
Long-Term Debt350K11.46M
Capital Lease Obligations01.1M
Deferred Tax Liabilities00
Other Non-Current Liabilities00
Total Liabilities3.24M50.6M
Total Debt+700K25.11M
Net Debt698.64K24.08M
Debt / Equity-3.73x
Debt / EBITDA--
Net Debt / EBITDA--
Interest Coverage-191.01x-7.39x
Total Equity+-2.9M6.73M
Equity Growth %-3.32%
Book Value per Share-0.060.13
Total Shareholders' Equity-2.9M6.73M
Common Stock4.47K5.11K
Retained Earnings-2.9M-9.76M
Treasury Stock00
Accumulated OCI00
Minority Interest00

Cash Flow

Dec 2023Dec 2024
Cash from Operations+-349.14K-1.22M
Operating CF Margin %--0.07%
Operating CF Growth %--2.51%
Net Income-2.9M-6.86M
Depreciation & Amortization01.11M
Stock-Based Compensation01.08M
Deferred Taxes00
Other Non-Cash Items093.38K
Working Capital Changes2.55M3.34M
Change in Receivables0-40.08K
Change in Inventory0-72.36K
Change in Payables1.03M-882.32K
Cash from Investing+0469.07K
Capital Expenditures0-377.29K
CapEx % of Revenue-0.02%
Acquisitions--
Investments--
Other Investing0-85.01K
Cash from Financing+350.5K1.78M
Debt Issued (Net)--
Equity Issued (Net)--
Dividends Paid00
Share Repurchases--
Other Financing01.15M
Net Change in Cash--
Free Cash Flow+-349.14K-1.6M
FCF Margin %--0.09%
FCF Growth %--3.59%
FCF per Share-0.01-0.03
FCF Conversion (FCF/Net Income)0.12x0.18x
Interest Paid00
Taxes Paid00

Key Ratios

Metric20232024
Return on Equity (ROE)--357.65%
Return on Invested Capital (ROIC)--32.21%
Gross Margin-9.75%
Net Margin--37.82%
Debt / Equity-3.73x
Interest Coverage-191.01x-7.39x
FCF Conversion0.12x0.18x

Revenue by Segment

2024
Product17.67M
Product Growth-

Frequently Asked Questions

Growth & Financials

Wellgistics Health, Inc. (WGRX) reported $5.6M in revenue for fiscal year 2024.

Wellgistics Health, Inc. (WGRX) grew revenue by 0.0% over the past year. Growth has been modest.

Wellgistics Health, Inc. (WGRX) reported a net loss of $73.1M for fiscal year 2024.

Dividend & Returns

Wellgistics Health, Inc. (WGRX) has a return on equity (ROE) of -357.7%. Negative ROE indicates the company is unprofitable.

Wellgistics Health, Inc. (WGRX) had negative free cash flow of $7.3M in fiscal year 2024, likely due to heavy capital investments.

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