AVH 1.78% $3.04 avita medical inc.

Yep, FY24 is the calendar year in the US.I wouldn't say that I'm...

  1. 462 Posts.
    lightbulb Created with Sketch. 910
    Yep, FY24 is the calendar year in the US.

    I wouldn't say that I'm "expecting" them to double sales from $26M in 1H24 to $52.5M in 2H24 in order to reach the $78.5M in commercial revenue. Seems impossible, I know! However, I've done some analysis (for the lack of a better word) based on what we've been told and made some assumptions that provides an achievable line of sight to the $78.5M and the profitability goal. I'd say that I'm not ruling two these expectations out yet - I'm possibly even cautiously optimistic at this stage now that GO has been approved.

    As you've highlighted, FY23 revenue growth was around 46% and even though Q124 was flat, with RECELL GO, I think there's a good chance that they can at least match that yoy growth in FY24.

    All the best with your future research. There's a lot of good info at https://ir.avitamedical.com/ if you're interested.
 
watchlist Created with Sketch. Add AVH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.