Avita is a good example if comparing apples to apples.
They are in the process of borrowing ( another ) 90 mil to keep the doors open. They have very similar sales to us and their SP is around 1/4 of its all time high.
Talking about chalking up losses!!
We raised less than 30 mil in 2017 which saw our revenue go from 1 mil to circa 60 mil PA and lasted for 5 years because of prudent management whilst still aggressively increasing staff and geographies.
1 in 50 surgeons would have heard of BTM back then.
They have probably all heard of it now but the bulk still haven’t transferred their allegiance to us. Just a matter of time now especially with the bad press around Integra and the sheer numbers of papers being presented by their peers on our products.
PNV - Banter and General Comments, page-10588
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