NXS 0.00% 15.5¢ next science limited

Ann: Trading Halt, page-15

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  1. 4,567 Posts.
    lightbulb Created with Sketch. 793
    Not saying some aspects of NXS are perfect. We can all improve.

    Cut "Proprietary Platform Delivering >90% YoY Sales Growth
    1. Total Addressable Market (TAM) based on National Health Statistics Report, February 2017, SmartTRAK, NXS 2
    Mission – The development and commercialisation of our proprietary unique non-toxic XBIOTM
    technology to reduce the impact of biofilm-based infections in human health
    XPERIENCE™
    92% growth in 1H
    FY23 Product Sales
    yoy to US$10.0m
    XBIO™ Platform
    Deconstructs biofilm,
    destroys pathogens, &
    defends recolonisation
    TAM >US$12.5bn
    Across existing
    products1
    Rapid Growth Direct Sales Channel
    226% growth in 1H
    FY23 direct product
    sales yoy to $7.2m
    65% growth yoy in
    1H FY23 Direct Sales
    Distribution
    Direct and partner channels
    with increasing focus on
    direct channel"

    Above is from the 2nd page of the Half Year Results & Capital Raise Presentation linked That page 2 says it so much better than my cut and paste.

    My thoughts! It is just a beginning. The Science and demand will be almost overwhelming when the Medical Indemnity industry gets wind of the Easy and Massive savings they will get once wide spread use or even surgically applied use of NXS products impact on re-infections.

    Excuse my pun on "surgically applied "

    Have a great weekend all




 
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