NAN 0.00% $2.72 nanosonics limited

Ann: Becoming a substantial holder, page-10

  1. 900 Posts.
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    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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