AVH 2.92% $2.66 avita medical inc.

Don't consider selling before profitability, page-257

  1. 408 Posts.
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    I hope you're right. It's a brilliant technology and certainly has huge potential. Right now though management are really struggling with the steering of this ship. At least their timing is terrible. We're now looking at a growth in revenue of 6.7% from Q1 23 and a retraction from Q2 23 well before FTSD was happening and with triple the reps. At least the CFO has been buying although he's been involved in all the modelling. I'm still positive about the future but to go from expecting $15 million to $11 million can't be brushed aside with just reference to slower FTSD adoption. The burns business used to do this on its own.
    Last edited by Epichemist: 11/04/24
 
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