Physitrack’s Q4 2024 report came in stronger on sales than expected but slightly below profitability due to a higher-than-anticipated cost base. Wellness returned to sequential growth, while Lifecare continued its solid performance. Cost efficiencies should support margin expansion, with adjusted EBITDA expected to reach 30% in 2025. Management sees no need for external funding, reinforcing financial stability. Additionally, 2025 appears to be off to a strong start, with positive deal flow and business momentum.

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