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Anteris Technologies Ltd (ASX:AVR)

ALERT: Price-sensitive ASX Announcement for AVR
Current share price for AVR : $15.300 6.71 (78.11%)+
Release
13 May 2026 8:22AM
Price at Release
$8.590
Full Release
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Summary
Anteris Technologies Ltd released its quarterly results for the period ending March 31, 2026, reporting a comprehensive loss of $22.8 million. The financial statements, prepared in line with U.S. GAAP, indicate significant activities, including $2.3 million in related-party payments and the issuance of over 55 million shares, boosting the capital raised to $308.3 million. These proceedings reflect Anteris' ongoing commitment to advancing its medical device offerings for heart disease. The company, operational in both Australia and the USA, experienced a net cash usage of $28.7 million in operating activities, underscoring its focus on strategic growth and development in the structural heart disease arena.
Key Points
  • Anteris Technologies Global Corp. reported a comprehensive loss of $22.8 million for the first quarter of 2026.
  • The company's consolidated financial statements are prepared in accordance with U.S. GAAP.
  • During the quarter, Anteris made aggregate payments of $2.3 million to related parties and their associates.
  • The company issued 55,652,173 shares of common stock, resulting in an increase in additional paid-in capital.
  • Anteris Technologies is focused on designing and commercializing medical devices for structural heart disease.
  • The company maintains a significant presence in both Australia and the USA.
  • Net cash used in operating activities was $28.7 million for the quarter.
  • The company reported $308.3 million in proceeds from the issuance of shares.
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.