Sign up Australia
Proactive Investors - Run By Investors For Investors

BetterCells writes first revenues as it commercialises wellness hub

The company’s managing director continues to welcome new investment subscriptions.
BetterCells writes first revenues as it commercialises wellness hub
BetterCells is steadily increasing monthly revenue

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.

BIG PICTURE: BetterCells’ online hub to help people make better healthcare choices

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.”

READ: BetterCells’ IPO session lays out business focus and displays Oligoscan testing capacity

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’ 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’ 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.

View full . profile View Profile

BetterCells Ltd Timeline

Related Articles

tumour cells
July 25 2018
Sign-off by the US Food & Drug Administration is considered the "global standard for approval", the company said
Collagen testing
August 17 2018
Since reporting its full-year results on July 10, the AIM-listed shares have rallied over 38% in the past month to 3.65p currently, taking year-to-date gains to a third
Callitas CEO James Thompson
July 21 2018
CannaStrips will generate near-term revenue, while the company’s blue-sky pharmaceutical assets and orphan drug are solid, long-term plays

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use