Looking at the "H1 FY23 trading update and revised outlook" again - this company is growing at an increasing rate.
From the release:
Based on the expected H1 FY23 results outlined above, the targets for FY232 have been adjusted as follows:
• Total revenue growth of 36% to 41% (previously 20% to 25%);
• Gross margin of between 77% and 79% (previously 75% to 76%); and
• Operating expenses to grow between 22% and 27% (previously 15% to 18%).
Only negatives are the length of time Coris is taking for approval and lack of penetration into the Asian market - however, both of these will be step change to all key metrics.
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