AVH 2.20% $2.67 avita medical inc.

Sales is going backwards

  1. 6,496 Posts.
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    So, sales revenue in the September quarter was $5m and December was flat at $5m again.

    Sales for this March period was $8.8m. If you strip out the once-off barda purchase of $4.1m, QoQ, sales revenue actually went backwards -6% from $5m to $4.7m.

    And this is in an environment where all other companies have been reporting improved numbers as covid has improved.

    Forecast sales for the next quarter is a mere $5m - $5.3m. Not exactly a fast growing company.

    What a disaster.
    Last edited by Sojourner: 14/05/21
 
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