Mobile-health Network Solutions Files 20-F for FY2024

TL;DR

MHNS filed its 20-F for FY24, showing financial data for common stock and customers. Check it out!

AI Summary

Mobile-health Network Solutions filed its 20-F report for the fiscal year ending June 30, 2024. The filing details financial information and business operations, including data related to common stock classes A and B, and third-party customer segments for the fiscal years 2022, 2023, and 2024. The company is incorporated in the Cayman Islands and operates in the pre-packaged software services sector.

Why It Matters

This 20-F filing provides crucial financial and operational insights for investors and stakeholders of Mobile-health Network Solutions, detailing their performance and structure for the past fiscal year.

Risk Assessment

Risk Level: medium — The filing is a standard annual report, but the company's specific financial health and market position require further investigation to determine a definitive risk level.

Key Numbers

• 2024-06-30 — Fiscal Year End (The reporting period covered by the 20-F filing.)
• 2023-06-30 — Previous Fiscal Year End (Comparative data point for the prior fiscal year.)
• 2022-06-30 — Prior Fiscal Year End (Data point from two fiscal years prior.)

Key Players & Entities

• Mobile-health Network Solutions (company) — Filer of the 20-F report
• Cayman Islands (location) — State of incorporation
• 2024-06-30 (date) — Fiscal year end
• 2024-10-23 (date) — Filing date

FAQ

Key Financial Figures

• $0.000004 — Company of a nominal or par value of US$0.000004 each designated as Class A Ordinary Sha
• $ — "U.S." means the United States; "US$," "U.S. dollars," "$" and "dollars" ref

Filing Documents

• form20-f.htm (20-F) — 2192KB
• ex12-1.htm (EX-12.1) — 12KB
• ex12-2.htm (EX-12.2) — 12KB
• ex13-1.htm (EX-13.1) — 6KB
• ex13-2.htm (EX-13.2) — 6KB
• ex19-1.htm (EX-19.1) — 94KB
• ex21-1.htm (EX-21.1) — 6KB
• ex23-1.htm (EX-23.1) — 5KB
• ex23-2.htm (EX-23.1) — 3KB
• ex97-1.htm (EX-97.1) — 32KB
• form20f_001.jpg (GRAPHIC) — 131KB
• form20f_002.jpg (GRAPHIC) — 149KB
• form20f_003.jpg (GRAPHIC) — 503KB
• form20f_004.jpg (GRAPHIC) — 129KB
• form20f_005.jpg (GRAPHIC) — 369KB
• form20f_006.jpg (GRAPHIC) — 118KB
• form20f_007.jpg (GRAPHIC) — 156KB
• ex23-2_001.jpg (GRAPHIC) — 70KB
• ex23-2_002.jpg (GRAPHIC) — 16KB
• ex23-1_001.jpg (GRAPHIC) — 9KB
• ex23-1_002.jpg (GRAPHIC) — 8KB
• 0001493152-24-042243.txt ( ) — 12351KB
• mndr-20240630.xsd (EX-101.SCH) — 55KB
• mndr-20240630_cal.xml (EX-101.CAL) — 80KB
• mndr-20240630_def.xml (EX-101.DEF) — 217KB
• mndr-20240630_lab.xml (EX-101.LAB) — 383KB
• mndr-20240630_pre.xml (EX-101.PRE) — 309KB
• form20-f_htm.xml (XML) — 1103KB

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 84 ITEM 12.

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 85 PART II ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 85 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS 85 ITEM 15.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 86 ITEM 16. [RESERVED] 86 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 86 ITEM 16B. CODE OF ETHICS 87 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 87 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 87 ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS 87 ITEM 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT 87 ITEM 16G. CORPORATE GOVERNANCE 88 ITEM 16H. MINE SAFETY DISCLOSURE 88 ITEM 16I. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 88 ITEM 16J. INSIDER TRADING POLICIES 88 ITEM 16K. CYBERSECURITY 88 PART III ITEM 17.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 89 ITEM 18.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 89 ITEM 19. EXHIBITS 90 2 INTRODUCTION In this annual report on Form 20-F (the "Annual Report"), unless the context otherwise requires, references to: "AI" means artificial intelligence; "APAC" means Asia-Pacific; "ART" means antigen rapid test; "AWS" means Amazon Web Services; "B2B" means business-to-business; "B2C" means business-to-consumer; "CAGR" means compound annual growth rate; "CEO" means chief executive officer; "COO" means chief operating officer; "Class A Ordinary Shares" refer to our Class A ordinary shares in the capital of the Company of a nominal or par value of US$0.000004 each designated as Class A Ordinary Shares, and having the rights provided for in our amended and restated memorandum and articles of association; "Class B Ordinary Shares" refer to our Class B ordinary shares in the capital of the Company of a nominal or par value of US$0.000004 each designated as Class B Ordinary Shares, and having the rights provided for in our amended and restated memorandum and articles of association; "COVID-19" means Coronavirus disease 2019, a contagious respiratory disease caused by the virus SARS-CoV-2; "Directors" means the directors of our Company as at the date of this Annual Report; "Exchange Act" means the Securities Exchange Act of 1934, as amended; "GDP" means gross domestic product; "GP" means general practitioner; "H5N1" means Influenza A virus subtype H5N1, a subtype of the influenza A virus; "IT" means information technology; "MAU" means monthly active users; "Mobile-health Network Solutions", "we", "us", "our company" and "our" refer to Mobile-health Network Solutions, a Cayman Islands company, its consolidated subsidiaries, and its consolidated affiliated entities; "MPU" means monthly paying users; "Ordinary Shares" refers to our Class A Ordinary Shares and Class B Ordinary Shares collectively; "OTC" means over-the-counter; "PCR" means polymerase chain reaction;

Risk Factors

Risk Factors Risks Related to Our Business and Industry Maintaining users' trust is critical to our success, and any failure to do so could damage our reputation and brand. We have developed a comprehensive ecosystem that connects users with our healthcare solutions. We have been building our brand name and reputation for our ecosystem as we believe that our ability to maintain users' trust in our MaNaDr ecosystem is critical to our success in the rapidly expanding telehealth solutions market in Singapore. Our ability to maintain users' trust in the services and product offerings on our MaNaDr platform is primarily affected by the following factors: our ability to maintain superior user experience and the quality of services and products provided through our ecosystem; the breadth of offerings of our services and products and their efficacy in addressing our users' needs and meeting their expectations; the reliability, security and functionality of our ecosystem; our ability to adopt new technologies or adapt our technology infrastructure to changing user requirements or emerging industry standards; the strength of our consumer protection measures; and our ability to increase brand awareness among existing and potential users through various marketing and promotional activities. Any loss of trust could harm the value of our brand and reputation, and result in users ceasing to utilize our ecosystem or reducing the demand for the services and product offerings available on our platforms, which could materially and adversely affect our business, financial condition, results of operations and prospects. Furthermore, there can be no assurance that our brand promotion and marketing efforts would be effective. Such efforts may be expensive, which may, in turn, materially and adversely affect our business, financial condition, results of operations and prospects, without any corresponding increase in user demand and/or sales for the services and products

View Full Filing

View this 20-F filing on SEC EDGAR