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AVITA Medical Surges 67% in Q1 Revenue, Eyes Profitability by Year-End
2:55am on Monday 2nd of June, 2025 AEST
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Healthcare
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AVITA Medical Surges 67% in Q1 Revenue, Eyes Profitability by Year-End
2:55am on Monday 2nd of June, 2025 AEST
Key Points
Q1 commercial revenue up 67% to $18.5 million
Launched RECELL GO mini and nationwide rollout of Cohealyx
Gross profit margin remains strong at 84.7%
Operating expenses to decrease by $2.5 million per quarter going forward
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