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How AVITA Medical’s Q1 Revenue Surge Shapes Its Path to Profitability
2:55am on Monday 2nd of June, 2025 AEST
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Healthcare
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How AVITA Medical’s Q1 Revenue Surge Shapes Its Path to Profitability
2:55am on Monday 2nd of June, 2025 AEST
Key Points
Q1 2025 total revenues increased 67% to $18.5 million
Net loss narrowed to $13.9 million from $18.7 million in Q1 2024
Commercial launch of Cohealyx collagen-based dermal matrix in April 2025
Received waiver for first quarter 2025 revenue covenant under $40 million credit facility
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