Business
MEE: Receivership of King Honey removes $4.1m in net liabilities, supporting future profitability
MEE: Receivership of King Honey removes $4.1m in net liabilities, supporting future profitability
About this update from Me Today Limited
Net revenue rose 48% to $7.45m, with a reduced net loss of $6.02m. Receivership of King Honey removes $4.1m in net liabilities, expected to result in a $4.2m gain in FY26. A $2.6m capital raise is planned to support growth, with continued focus on New Zealand and international expansion.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.