BetterCells Pty Ltd investors have backed a change to an unlisted public company as the Perth wellness hub outfit starts to grow monthly revenues.
The company is also proposing to raise $500,000 from investors, with directors indicating their willingness to support the proposal.
BetterCells founder and managing director Andrew Haythorpe said he was happy to announce the company shareholders’ unanimous change to an unlisted public company.
He encouraged further investments in the company.
Haythorpe said, “Please let us know if you would like to invest in BetterCells.”
The company has reported first revenues from its wellness hub and Oligoscan metals and minerals hand-scanning business.
BetterCells has written $13,006.93 in business since December 2017, growing monthly revenues to about $3,500 a month in October 2018 – its strongest month so far.
The company has been growing revenues by about $500 a month since August 2018, with September 2018’s takings being $3,000 after $2,500 of revenue in August.
BetterCells’ revenue results for the December 2017 to October 2018 period
BetterCells wrote in an email update, “We are very pleased to inform you that we have now commenced marketing and revenue generation."
The company has welcomed 174 client registrations to its wellness hub at bettercells.com.
The site aims to help people improve their personal health through data-driven decision making.
People can subscribe to health test and then follow proactive advice about how they can manage both their health and health risks.
BetterCells’ client registrations for the December 2017 to October 2018 period
BetterCells wrote, “We continue to identify opportunities to improve the platform and trialling our marketing and messaging, with a typical 1-2 week turnaround on implementations.”
The company is progressively building and improving its web offering, with the assistance of health practitioners and programmers.