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Avita Medical Inc   (RCEL)
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Price: $16.4300 $-0.23 -1.381%
Day's High: $16.78 Week Perf: -0.06 %
Day's Low: $ 16.31 30 Day Perf: -5.14 %
Volume (M): 793 52 Wk High: $ 21.70
Volume (M$): $ 13,024 52 Wk Avg: $14.70
Open: $16.48 52 Wk Low: $9.16



 Market Capitalization (Millions $) 417
 Shares Outstanding (Millions) 25
 Employees -
 Revenues (TTM) (Millions $) 45
 Net Income (TTM) (Millions $) -34
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 1

Avita Medical Inc
Avita Medical Inc is a global regenerative medicine company that specializes in the development and commercialization of advanced therapeutic solutions for skin regeneration. The company is known for its innovative technology called ReCell, which enables medical professionals to rapidly and efficiently create a suspension of individual skin cells for use in the treatment of severe burns, chronic wounds, and other skin defects. Avita Medical focuses on improving patient outcomes and quality of life by providing personalized and regenerative treatments that enhance the natural healing process of the body. The company operates with a commitment to delivering advancements in healing and aesthetics through its cutting-edge products and therapies.


   Company Address: 28159 Avenue Stanford Valencia 91355 CA
   Company Phone Number: 367-9170   Stock Exchange / Ticker: NASDAQ RCEL
   


   

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Product Service News

AVITA Medical Advances RECELL GO PMA Supplement Review Following FDA Clarification

Published Thu, Feb 29 2024 9:02 PM UTC

AVITA Medical, a global regenerative medicine company, has recently submitted a response to the U.S. Food and Drug Administration (FDA), providing additional information in relation to its RECELL GO Premarket Approval (PMA) supplement. This submission marks an important milestone for the company, as it signifies the resumption of the substantive review process by the FDA. AV...

Avita Medical Inc

Avita Medical Inc Experiences Surge in Fiscal Third Quarter 2023 Deficit, Outpacing Previous Year, at the Medical Equipment & Supplies Company

Avita Medical Inc is a medical technology company specializing in regenerative medicine solutions for the treatment of wounds and skin defects. The company focuses on developing and commercializing innovative products that harness the body's natural healing process to restore damaged skin and tissue.
In the fiscal third quarter of 2023, Avita Medical Inc experienced diminishing returns, with a loss of $0.34 per share compared to a loss of $0.22 per share in the same period the year before. However, there was improvement in earnings per share (EPS) from the prior reporting period, with a loss of $0.41 per share. This indicates that although the company's financial performance did not meet expectations, there was some progress in reducing losses.

Avita Medical Inc

Despite Surge in Revenue, Avita Medical Inc Fails to Achieve Profitability in the Second Quarter of 2023


Introduction
In the second quarter of 2023, Avita Medical Inc, a prominent Medical Equipment & Supplies company, experienced a substantial increase in revenue but also witnessed an amplified loss per share compared to the previous reporting periods. While the revenue surge of 41.008% to $11.75 million is an optimistic sign, it raises questions about the company's profitability and long-term sustainability. This article delves into the financial performance of Avita Medical Inc, highlighting key facts and potential implications for investors.
Revenue Growth Amid Rising Losses
Avita Medical Inc's revenue for the financial second quarter of 2023 displayed a remarkable upswing, jumping by 41.008% from $10.55 million to $11.75 million compared to the same reporting period a year earlier. This surge in revenue is indeed an impressive achievement, potentially signifying increased market demand for the company's medical equipment and supplies.

Avita Medical Inc

Avita Medical Inc Demonstrates Healthy Behavior Throughout Financial Time-Frame Ending March 31, 2023

As investors, we may sometimes find ourselves taking a closer look at the numbers behind a company's financial performance. It can be helpful in understanding how it may deepen the value of our investment, or change our perception of the company altogether. Today, we'll take a look at Avita Medical Inc (AVH.AX) and how it's faring in the stock market.
Avita Medical Inc experienced an overall net loss of $-26 million in the 12 months ending in the first quarter of 2023, resulting in a negative ROI of -30.01%. While this may have some investors feeling uneasy, it's important to recognize that the Healthcare sector saw 330 other companies with a higher ROI. Moreover, despite Avita Medical Inc's net loss, we can find a silver lining in the fact that the company's overall ranking for ROI progressed from 3942 in the fourth quarter of 2022, to 2795 in the first quarter of 2023.






 

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