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Nova Eye Medical Hits Record US Sales, Nears Profitability, Eyes New Drug Delivery Market
6:07am on Monday 2nd of June, 2025 AEST
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Healthcare
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Nova Eye Medical Hits Record US Sales, Nears Profitability, Eyes New Drug Delivery Market
6:07am on Monday 2nd of June, 2025 AEST
Key Points
Q3FY25 sales up 27% excluding China, with US sales hitting record US$3.7 million
Glaucoma segment EBITDA loss narrowed dramatically to US$30k in Q3FY25
FY25 revenue guidance confirmed between US$9-10 million for H2FY25 excluding China
A$6.6 million capital raise strengthens balance sheet for growth investments
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