Delisting risk
MNDR · NASDAQ · Medical - Care Facilities

Mobile-health Network Solutions Class A (MNDR)

Connects Southeast Asian patients and providers through telehealth, clinic software, benefits and health commerce.

$1.50
Pre-market+0.01 (+0.67%)
At close$1.49(−2.61%)
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Mobile-health Network Solutions Class A Ordinary SharesMNDRHealth Care

Provides MaNaDr teleconsultation and care navigation, MaNaCare employer benefits, clinic software, and medicine and health-product commerce. Most revenue comes from private telemedicine, with the company acting as principal in patient consultations while also operating wholesale and marketplace channels.

Connects patients, doctors, clinics, employers, pharmacies and product vendors through the MaNaDr digital-health ecosystem, spanning teleconsultation, care navigation, clinic software, employee benefits and health-commerce workflows.

Earns most revenue from private telemedicine, setting patient consultation fees, paying contracted providers and recognizing transactions gross. MaNaPharma supplies clinics, while MaNaShop and MaNaStore combine owned-inventory sales with a third-party marketplace. Singapore remains the operating center, alongside teams and entities across Southeast Asia.

Relies on independent doctors, clinic-service providers and delivery partners, while healthcare, pharmacy, data-protection and product permissions govern the platform and associated businesses.

Company facts

CEOSiaw Tung Yeng and Teoh Pui Pui
ListedApr 10, 2024
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountrySingapore
Employees73
CIK0001976695
ISINKYG622641333

Market cap$36.9K
EPS (ttm)−$66.75
P/E (ttm)−0.0225
ROE-46.2%
P/B0.0068
P/S0.0066
Dividend yieldDiv yield
Beta−0.60vs XLV −0.54

No analyst consensus on record.

EPSReportedEstimate

Jun '22Dec '22Jun '23Dec '23Oct '24Jan '25Oct '25Jan '26
Reported$0.04−$1.78−$3.05−$2.23−$1.32−$2.28−$37.62−$2.40
Estimate
Surprise

RevenueReportedEstimate

Jun '22Dec '22Jun '23Dec '23Oct '24Jan '25Oct '25Jan '26
Reported$2.6M$3.0M$4.9M$6.6M$5.4M$4.3M$2.5M$3.1M
Estimate$2.5M$3.1M
Surprise0.0%0.0%
Estimate
Reported−$2.40
Estimate$3.1M
Reported$3.1M0.0%
View details

Debt to equity1.50%
Current ratio421.90%

ProfitabilityRevenueNet incomeNet margin

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$4.2M$3.0M$4.9M$6.6M$5.4M$4.3M$2.5M$3.1M
Net income$34.1K−$1.3M−$1.9M−$5.1M−$10.5M−$1.7M−$1.3M−$665.5K
Net margin0.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income$161.0K−$1.3M−$1.9M−$1.1M−$10.6M−$1.7M−$1.4M−$680.1K
YoY growth−1,165.2%−1,291.5%

Balance sheet, Dec 31, 2025Cash & short-term investments $2.7M · Total debt $95.7K · Total assets $7.7M · Shareholders' equity $6.5M

Revenue
$3.1M
Operating income
−$680.1K
Net income
−$665.5K
View details

No dividends on record.

Institutions3 holders · as of Mar 31, 202623.20%5.7K ADS
Otherremainder76.80%18.9K ADS

24.6K ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Jun 2025 annual report; nothing newer is on file here.

The share count has not been confirmed by a second filing; stakes use it as it stands.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Virtu Financial LLCInstitution
17.81%26,295 ADS13Fas of Mar 31, 2026
UBS Group AGInstitution
5.36%7,912 ADS13Fas of Mar 31, 2026
Sbi Securities Co., Ltd.Institution
0.03%41 ADS13Fas of Mar 31, 2026
Indopacific Health Investment Corporation Pte. Ltd.Institution
6.43% of class, as filed13Dfiled Dec 4, 2025
Aik Huat Leong1Insiderofficer: Chief Financial Officer
Form 4filed Mar 19, 2026
See all 8
  1. This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Not reported.