Polynovo Ltd

PNV: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$1.40ZtmqSkjmtnn

Polynovo Earnings: Broadly Tracking to Our Earnings Estimates

No-moat Polynovo’s fiscal 2024 sales rose 54% to AUD 92 million, with 75% stemming from the main United States market. This increase largely reflects 197 new US customer accounts opened in the period to a total of 496, effective marketing featuring. The underlying group EBIT of AUD 1 million was close to our AUD 2 million forecast.

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