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AVITA Medical, Inc. (ASX:AVH)
ALERT: Price-sensitive ASX Announcement for AVH
Current share price for AVH : $2.970 1.69 (132.03%)+
Announcement
Release
7 Aug 2026 8:26AM
Price at Release
$1.280
Full Release
Summary
AVITA Medical, Inc. reported strong financial results for the second quarter of 2026, with significant revenue growth attributed to robust commercial execution. The company is on track to achieve cash flow breakeven by Q4 2026, supported by high gross margins and disciplined operating expenses. AVITA forecasts full-year 2026 revenue between $86 million and $89 million, reinforcing its confidence in meeting liquidity requirements and financial covenants. The adoption of the RECELL system continues to grow, aided by the introduction of new procedure reporting codes that simplify billing and enhance transparency. These developments position AVITA as a more predictable and financially stable business entering the second half of 2026.
Key Points
- Strong Q2 2026 revenue growth and execution.
- On track for cash flow breakeven by Q4 2026.
- Full-year 2026 revenue forecast is $86M to $89M.
- RECELL system adoption continues to increase.
- New procedure codes simplify billing and increase transparency.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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