WGRX Chart
About

Wellgistics Health, Inc. engages in the wholesale and distribution 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.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Pharmaceutical Retailers Market Cap 16.98M
Enterprise Value 38.43M Income -77.75M Sales 34.08M
Book/sh 0.08 Cash/sh 0.04 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E PEG
P/S 0.50 P/B 2.16 P/C
EV/EBITDA -0.56 EV/Sales 1.13 Quick Ratio 0.16
Current Ratio 0.39 Debt/Eq 383.20 LT Debt/Eq
EPS (ttm) -1.28 EPS next Y EPS Growth
Revenue Growth -46.90% Earnings ROA -83.23%
ROE -9.28% ROIC Gross Margin 7.86%
Oper. Margin -10.47% Profit Margin -228.16% Shs Outstand 102.12M
Shs Float 39.13M Short Float 3.14% Short Ratio 1.58
Short Interest 52W High 7.04 52W Low 0.15
Beta Avg Volume 2.08M Volume 3.09M
Target Price Recom None Prev Close $0.16
Price $0.17 Change 1.77%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$0.17
Latest analyst target
3. DCF / Fair value
$2.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.17
Low
High
Mean
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 200000 180000 Stock Award(Grant) at price 0.90 per share. PETERSON MICHAEL L Director 2025-07-02 00:00:00 D
1 200000 Stock Award(Grant) at price 0.00 per share. SHANAHAN REBECCA M Director 2025-03-21 00:00:00 D
2 200000 Stock Award(Grant) at price 0.00 per share. SYED SAJID Director 2025-03-21 00:00:00 D
3 4082247 Stock Award(Grant) at price 0.00 per share. PATEL PRASHANT Officer and Director 2025-03-21 00:00:00 D/I
4 4082247 Stock Award(Grant) at price 0.00 per share. AJJARAPU SURENDRA K Director 2025-03-21 00:00:00 D/I
5 200000 Stock Award(Grant) at price 0.00 per share. ANDERSON DONALD WILLIAM Director 2025-03-21 00:00:00 D
6 35000 Stock Award(Grant) at price 0.00 per share. PIRANI SHAFAAT Officer 2025-03-21 00:00:00 D
7 9000000 Stock Award(Grant) at price 0.00 per share. NORTON BRIAN Chief Executive Officer 2025-03-21 00:00:00 D
8 90000 Stock Award(Grant) at price 0.00 per share. PANCHAL NIKUL Officer 2025-03-21 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.00
TaxRateForCalcs0.000.000.00
NormalizedEBITDA-4.91M-2.88M-2.19M
TotalUnusualItems1.82M
TotalUnusualItemsExcludingGoodwill1.82M
NetIncomeFromContinuingOperationNetMinorityInterest-6.86M-2.90M-2.74M
ReconciledDepreciation1.11M0.002.09M
ReconciledCostOfRevenue16.36M0.0027.03M
EBITDA-4.91M-2.88M-369.03K
EBIT-6.02M-2.88M-2.46M
NetInterestIncome-831.47K-15.08K-287.18K
InterestExpense831.47K15.08K287.18K
NormalizedIncome-6.86M-2.90M-4.56M
NetIncomeFromContinuingAndDiscontinuedOperation-6.86M-2.90M-2.74M
TotalExpenses24.27M2.88M36.20M
TotalOperatingIncomeAsReported-6.15M-2.88M-3.42M
DilutedAverageShares47.25M44.72M47.25M
BasicAverageShares47.25M44.72M47.25M
DilutedEPS-0.15-0.06-0.06
BasicEPS-0.15-0.06-0.06
DilutedNIAvailtoComStockholders-6.86M-2.90M-2.74M
NetIncomeCommonStockholders-6.86M-2.90M-2.74M
NetIncome-6.86M-2.90M-2.74M
NetIncomeIncludingNoncontrollingInterests-6.86M-2.90M-2.74M
NetIncomeContinuousOperations-6.86M-2.90M-2.74M
TaxProvision0.000.000.00
PretaxIncome-6.86M-2.90M-2.74M
OtherIncomeExpense120.37K98.13K966.11K
OtherNonOperatingIncomeExpenses120.37K180.46K-851.94K
SpecialIncomeCharges1.82M
OtherSpecialCharges-1.82M
EarningsFromEquityInterest-82.33K
NetNonOperatingInterestIncomeExpense-831.47K-15.08K-287.18K
InterestExpenseNonOperating831.47K15.08K287.18K
OperatingIncome-6.15M-2.88M-3.42M
OperatingExpense7.91M2.88M9.17M
DepreciationAmortizationDepletionIncomeStatement1.11M0.002.09M
DepreciationAndAmortizationInIncomeStatement1.11M0.002.09M
ResearchAndDevelopment375.001.40K
SellingGeneralAndAdministration6.80M2.88M7.08M
GeneralAndAdministrativeExpense6.80M2.88M7.08M
OtherGandA6.80M2.88M7.08M
GrossProfit1.77M0.005.75M
CostOfRevenue16.36M0.0027.03M
TotalRevenue18.13M0.0032.78M
OperatingRevenue18.13M0.0032.78M
Line Item2024-12-312023-12-312022-12-31
OrdinarySharesNumber51.94M51.94M51.94M
ShareIssued51.94M51.94M51.94M
NetDebt22.46M348.64K
TotalDebt25.11M350.00K
TangibleBookValue-31.85M-2.90M-5.25K
InvestedCapital30.23M-2.55M-5.25K
WorkingCapital-22.88M-2.55M-5.25K
NetTangibleAssets-31.85M-2.90M-5.25K
CapitalLeaseObligations1.62M0.00
CommonStockEquity6.73M-2.90M-5.25K
TotalCapitalization18.19M-2.55M-5.25K
TotalEquityGrossMinorityInterest6.73M-2.90M-5.25K
StockholdersEquity6.73M-2.90M-5.25K
RetainedEarnings-9.76M-2.90M-5.25K
AdditionalPaidInCapital16.49M-3.97K
CapitalStock5.11K4.47K0.00
CommonStock5.11K4.47K0.00
TotalLiabilitiesNetMinorityInterest50.60M3.24M5.25K
TotalNonCurrentLiabilitiesNetMinorityInterest12.55M350.00K0.00
LongTermDebtAndCapitalLeaseObligation12.55M350.00K
LongTermCapitalLeaseObligation1.10M0.00
LongTermDebt11.46M350.00K
CurrentLiabilities38.05M2.89M5.25K
CurrentDeferredLiabilities245.76K0.00
CurrentDeferredRevenue245.76K0.00
CurrentDebtAndCapitalLeaseObligation12.56M350.00K
CurrentCapitalLeaseObligation519.49K0.00
CurrentDebt12.04M350.00K
OtherCurrentBorrowings11.93M250.00K
LineOfCredit110.20K0.00
CurrentNotesPayable100.00K0.00
PensionandOtherPostRetirementBenefitPlansCurrent3.11M1.30M0.00
PayablesAndAccruedExpenses22.13M1.59M5.25K
CurrentAccruedExpenses851.98K482.33K0.00
InterestPayable504.15K2.33K0.00
Payables21.28M1.11M5.25K
OtherPayable10.00M
DuetoRelatedPartiesCurrent4.94M67.79K0.00
AccountsPayable6.33M1.04M5.25K
TotalAssets57.33M338.36K0.00
TotalNonCurrentAssets42.16M0.000.00
OtherNonCurrentAssets1.42M
NonCurrentPrepaidAssets85.01K0.00
NonCurrentNoteReceivables139.77K0.00
InvestmentsAndAdvances17.67K0.00
LongTermEquityInvestment17.67K0.00
GoodwillAndOtherIntangibleAssets38.58M0.00
OtherIntangibleAssets22.36M
Goodwill16.22M0.00
NetPPE1.92M0.00
AccumulatedDepreciation-1.12M0.00
GrossPPE3.04M0.00
Leases766.47K0.00
OtherProperties2.12M
MachineryFurnitureEquipment152.16K0.00
Properties0.000.00
CurrentAssets15.17M338.36K0.00
OtherCurrentAssets1.00
CurrentDeferredAssets875.38K0.00
PrepaidAssets524.000.00
Inventory9.52M0.00
InventoriesAdjustmentsAllowances-233.60K0.00
OtherInventories6.72M
FinishedGoods3.03M0.00
Receivables3.75M337.00K0.00
DuefromRelatedPartiesCurrent1.02M337.00K0.00
AccountsReceivable2.72M0.00
AllowanceForDoubtfulAccountsReceivable-940.60K0.00
GrossAccountsReceivable3.67M0.00
CashCashEquivalentsAndShortTermInvestments1.03M1.36K0.00
CashAndCashEquivalents1.03M1.36K0.00
Line Item2024-12-312023-12-312022-12-31
FreeCashFlow-1.60M-349.14K0.00
RepaymentOfDebt-135.78K0.00
IssuanceOfDebt756.48K350.00K0.00
IssuanceOfCapitalStock10.00K500.000.00
CapitalExpenditure-377.29K
EndCashPosition1.03M1.36K0.00
BeginningCashPosition1.36K0.000.00
ChangesInCash1.03M1.36K
FinancingCashFlow1.78M350.50K0.00
CashFlowFromContinuingFinancingActivities1.78M350.50K0.00
NetOtherFinancingCharges1.15M
NetCommonStockIssuance10.00K500.000.00
CommonStockIssuance10.00K500.000.00
NetIssuancePaymentsOfDebt620.70K350.00K0.00
NetShortTermDebtIssuance620.70K0.000.00
ShortTermDebtPayments-135.78K0.00
ShortTermDebtIssuance756.48K0.000.00
NetLongTermDebtIssuance0.00350.00K
LongTermDebtIssuance0.00350.00K
InvestingCashFlow469.07K0.00
CashFlowFromContinuingInvestingActivities469.07K0.00
NetOtherInvestingChanges-85.01K
NetBusinessPurchaseAndSale931.37K0.00
SaleOfBusiness931.37K0.00
NetIntangiblesPurchaseAndSale-377.29K0.00
PurchaseOfIntangibles-377.29K0.00
OperatingCashFlow-1.22M-349.14K0.00
CashFlowFromContinuingOperatingActivities-1.22M-349.14K0.00
ChangeInWorkingCapital3.34M2.55M5.25K
ChangeInOtherWorkingCapital3.33M-269.21K
ChangeInOtherCurrentLiabilities22.09K0.00
ChangeInOtherCurrentAssets-587.54K0.00
ChangeInPayablesAndAccruedExpense682.26K2.82M5.25K
ChangeInAccruedExpense1.56M1.78M0.00
ChangeInPayable-882.32K1.03M5.25K
ChangeInAccountPayable-882.32K1.03M5.25K
ChangeInPrepaidAssets11.44K0.00
ChangeInInventory-72.36K0.00
ChangeInReceivables-40.08K0.00
ChangesInAccountReceivables-40.08K0.00
StockBasedCompensation1.08M0.00
AssetImpairmentCharge93.38K0.00
DepreciationAmortizationDepletion1.11M0.00
DepreciationAndAmortization1.11M0.00
AmortizationCashFlow1.05M0.00
AmortizationOfIntangibles1.05M0.00
Depreciation67.62K0.00
NetIncomeFromContinuingOperations-6.86M-2.90M-5.25K
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for WGRX
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status