Wellnex Life Limited

WNX · AIM · Retail · mcap £4.0m · 5.5p

Wellnex Life is an Australian consumer health company that owns and sells over-the-counter brands and makes products for others under contract. It sells mainly through Australian retailers and pharmacies and is expanding into the UK, New Zealand and other markets.

Target	Promise	Said	Status
2025
31 Dec 2025	Start New Zealand brand presentations via Storelink and begin sales in the first half of FY26.	18 Sep 2025	… In progress
	“Wellnex Life will work closely with and support Storelink to commence presenting its brands to New Zealand retailers over the coming months, with sales planned to commence in the first half this financial year.” Result Not yet due.
2026
30 Apr 2026	Launch a third Pain Away roll-on product in April 2026.	16 Jan 2026	… In progress
	“a third roll-on launch by the Company planned in April 2026” Result Not yet due.
30 Apr 2026	Trial an exclusive heat patch through Costco Australia and New Zealand in April 2026.	16 Jan 2026	… In progress
	“Costco Australia and Costco New Zealand will trial an exclusive heat patch in April 2026” Result Not yet due.
30 Jun 2026	Exit all medicinal cannabis operations by FY26.	2 Jul 2025	… In progress
	“The Board has resolved to cease all operations under the Wellness Life brand in the medicinal cannabis market.” Result Not yet due.
30 Jun 2026	Deliver more than A$1m in annualised operating savings through the cost reduction programme.	20 Oct 2025	… In progress
	“targeting more than A$1 million in annualised operating savings” Also stated 27 Feb 2026 · 1 Sep 2026 Result Not yet due.
30 Jun 2026	Cut annual operating spend by up to 40% versus the previous year's A$10.8m.	27 Nov 2025	… In progress
	“we are on track to significantly reduce our annual operating spend by up to 40% compared to the previous financial year” Result Not yet due.
21 Jul 2026	Repay all former-director loans (about A$2.88m) by 21 July 2026, extendable to 21 August 2026.	23 Apr 2026	… In progress
	“The repayment date may be extended to 21 August 2026 for a further payment of, in aggregate, $50,000” Result Not yet due.
11 Sep 2026	Use Pain Away sale proceeds to retire all borrowings (about A$10.2m) and be debt free at completion.	6 Aug 2026	… In progress
	“The Board will use the cash proceeds from the Transaction to retire debt and to support the working capital requirements for the Company's continuing operations” Also stated 1 Sep 2026 · 11 Sep 2026 Result Not yet due.
Today · 13 Oct 2026
31 Dec 2026	Present brands to UK retailers via Powermed Plus in Q3 2025, with UK sales starting in 2026.	10 Apr 2025	… In progress
	“commence presenting its brands to UK retailers in Q3 2025” Status so far Not yet due.