EYE 4.65% 22.5¢ nova eye medical limited

Head-line is - Ellex iTrackTM global sales were US$6.1 million...

  1. 1,284 Posts.
    lightbulb Created with Sketch. 4
    Head-line is - Ellex iTrackTM global sales were US$6.1 million for the nine month period, up 40% on prior comparative period.

    If you break it down further, sales in both the US and Asia (mainly China) were above 50% with strong momentum. Bodes well for the future.

    Re the US, this was despite sales from the Soutwest falling which they are seeking to rectify. East coast sales strong off a low base. Also suggesting increasing traction among surgeons.

    Note expecting recent investment in sales/marketing head-count to drive continued momentum in Q4.

    ROW is ok - but given this is a US first & then Asia story for iTrack I am pleased with the momentum & provides early validation for the investment in sales / mkt opex (for which ELX was punished by the market in the last reporting season).
 
watchlist Created with Sketch. Add EYE (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.010(4.65%)
Mkt cap ! $51.48M
Open High Low Value Volume
22.0¢ 22.5¢ 21.8¢ $137.7K 624.8K

Buyers (Bids)

No. Vol. Price($)
3 27766 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 34529 2
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
22.0¢
  Change
0.010 ( 2.33 %)
Open High Low Volume
22.5¢ 22.5¢ 21.5¢ 190801
Last updated 15.47pm 14/06/2024 ?
EYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.