Wellgistics Health Inc (WGRX)Healthcare | Medical Distribution | Tampa, United States |
USD
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Hot Take ↕ | Oct. 10, 2026, 6:58 a.m. UTC
The investment case here is fundamentally broken. The company is hemorrhaging cash with negative operating cash flow of nearly $13 million and gross margins in the negative territory, indicating that every dollar of sales destroys value. The balance sheet is a ticking time bomb, with debt exceeding $28 million while holding only $51k in cash, resulting in a current ratio of 0.086—a severe liquidity crisis where liabilities dwarf assets. Revenue has collapsed by 85%, and the book value is negative, signaling that the equity is worthless. While the recent news highlights a corporate rebranding to 'DataMEDS AI' and potential acquisitions, these are desperate restructuring moves rather than signs of a turnaround. With no price history available to assess any momentum or recovery trend, and no dividend to provide income, this security represents a high-risk speculative bet on a turnaround that the current financials suggest is unlikely to materialize soon. |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Revenue per Share | 8.337 |
| Market Cap | 8,847,256 |
| Website | https://www.wellgisticshealth.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.93017626 |
| Address1 | 3,000 Bayport Drive |
| Address2 | Suite 950 |
| All Time High | 352.0 |
| All Time Low | 2.4848 |
| Ask | 4.22 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 91,325 |
| Average Volume | 572,948 |
| Average Volume10Days | 91,325 |
| Bid | 2.73 |
| Bid Size | 200 |
| Book Value | -0.123 |
| City | Tampa |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Currency | USD |
| Current Price | 3.52 |
| Current Ratio | 0.086 |
| Date Short Interest | 1,782,777,600 |
| Day High | 3.79 |
| Day Low | 2.72 |
| Ebitda | -53,096,984 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -0.709 |
| Enterprise To Revenue | 2.684 |
| Enterprise Value | 37,662,932 |
| Exchange | NCM |
| Exchange Timezone Name | UTC |
| Fifty Day Average | 3.407534 |
| Fifty Two Week High | 97.5 |
| Fifty Two Week Low | 2.4848 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 1,784,295,000 |
| Float Shares | 614,458 |
| Free Cashflow | -6,756,223 |
| Fullday Change | 3.52 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 3.52 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | -0.49514 |
| Gross Profits | -6,948,839 |
| Held Percent Insiders | 0.68377 |
| Held Percent Institutions | 0.01696 |
| Implied Shares Outstanding | 2,513,425 |
| Industry | Medical Distribution |
| Industry Disp | Medical Distribution |
| Industry Key | medical-distribution |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,779,753,600 |
| Last Split Factor | 1:50 |
| Long Business Summary | 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 branded and generic 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. |
| Long Name | Wellgistics Health Inc |
| Market Cap | 8,847,256 |
| Max Age | 86,400 |
| Message Board Id | finmb_1851446510 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -76,586,224 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 13,430,058 |
| Open | 2.72 |
| Operating Cashflow | -12,920,709 |
| Operating Margins | -3.85719 |
| Payout Ratio | 0.0 |
| Phone | 844 203 6092 |
| Previous Close | 0.0 |
| Price Hint | 4 |
| Price To Sales Trailing12 Months | 0.63041675 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.033 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Regular Market Day High | 3.79 |
| Regular Market Day Low | 2.72 |
| Regular Market Open | 2.72 |
| Regular Market Previous Close | 0.0 |
| Regular Market Volume | 536,280 |
| Return On Assets | -0.79178 |
| Revenue Growth | -0.856 |
| Revenue Per Share | 8.337 |
| Sand P52 Week Change | 0.16641033 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 2,513,425 |
| Shares Percent Shares Out | 0.0419 |
| Shares Short | 105,197 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 444,588 |
| Short Name | Wellgistics Health, Inc. |
| Short Percent Of Float | 0.0718 |
| Short Ratio | 2.02 |
| State | FL |
| Symbol | WGRX |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| Total Cash | 51,730 |
| Total Cash Per Share | 0.021 |
| Total Debt | 28,730,920 |
| Total Revenue | 14,033,980 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | NaN |
| Trailing Eps | -43.87 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 13.564071 |
| Underlying Symbol | WGRX |
| Uuid | 077ea62d-bff2-347f-87b4-5cf44875c4e6 |
| Volume | 536,280 |
| Website | https://www.wellgisticshealth.com |
| Zip | 33,607 |