PNV 2.27% $2.25 polynovo limited

Ann: FY23 Results Presentation, page-84

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    If we grow at the same rate at this year in FY23/24

    US (constant currency growth - up 34%)
    46.1 to 61.8mil

    ROW (up 134%)
    13.4 to 31.4mil

    TOTAL - 93.16mil

    So $100mil target definately achievable

    Upside from
    - Full year contribution from Canada, Hong Kong, India
    - New markets - France, Spain
    - Further penetration in UK/Ireland
    - Uptake of MTX

    Think we will be a big chance to finish BARDA study early too based on any positive interim analysis

    Would have been great for Synpath contribution but probably not til FY24/25
 
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