EYE 2.63% 19.5¢ nova eye medical limited

I can not find that 80% gross margin figure BUT FY23 was an...

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    I can not find that 80% gross margin figure BUT FY23 was an improvement to 73% gross margin. I would imagine it has improved somewhat since then but only a guess.

    Half year to Dec 2023 was A$9.5Mil so approx A$19Mil for the year. Once again with economies of scale for production, this will have improved BUT sales & marketing will be up for sure.

    So at A$23.7Mil estimate for FY24, they must be getting very close to break even or even a small profit.



    https://hotcopper.com.au/data/attachments/6295/6295976-2a7002b4ccb46488b1798897fbb68b48.jpg

    Half year to Dec 2023

    https://hotcopper.com.au/data/attachments/6295/6295996-cb4e32a69eeee2b34dd0e144806caeae.jpg


 
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