Current cash is expected by the CFO to get Avita to profitability by Q3 ‘25. That means that there’s no expected need for the two $25 million tranches. That also means that reaching $75 million for 2024 is a want, not a need. —Important distinction when evaluating the cash position. Sequential revenue growth of 15% with flat expenses will get Avita to profitability, and that’s the goal but not guidance.
Current cash is expected by the CFO to get Avita to...
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Last
$3.02 |
Change
-0.010(0.33%) |
Mkt cap ! $212.6M | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.12 | $3.01 | $489.6K | 159.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3202 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 4230 | 1 |
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| AVH (ASX) Chart |