"Take a Closer Look", page-366

I find the financial comparison between Admedus and Nanosonics interesting

I would say Nanosonics are 2-3 years ahead of Admedus in terms of financial performance

They have however enjoyed a much higher market cap across their journey. Two key reasons for this in my opinion - Cash balance and faith in management/company direction

The table below compares the two companies from 2013....Admedus is on the cusp of proving they deserve a much higher market cap.

Note: Figures include tax rebates

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0		30/06/2013	30/06/2014	30/06/2015	30/06/2016	30/06/2017
1						Estimate
2	Nanosonics[/B]
3
4	Revenue	14,900,000	21,500,000	22,200,000	42,800,000
5
6	EBITDA	(5,400,000)	(1,800,000)	(4,700,000)	960,000
7
8	Cash	24,000,000	21,000,000	46,000,000	49,000,000
9
10	Market Cap	159,000,000	208,000,000	481,000,000	648,000,000
11
12
13	Admedus
14
15	Revenue	7,400,000	7,900,000	11,200,000	18,700,000	24,000,000
16
17	EBITDA	(2,800,000)	(11,400,000)	(21,900,000)	(23,700,000)	(8,000,000)
18
19	Cash	2,000,000	20,000,000	24,000,000	9,000,000	10,000,000
20
21	Market Cap	51,000,000	195,000,000	129,000,000	64,000,000	????

All IMO DYOR GLTAH