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Nanosonics Limited (ASX:NAN)

ALERT: Price-sensitive ASX Announcement for NAN
Current share price for NAN : $3.050 -0.63 (-17.12%)+
Release
25 Aug 2026 8:05AM
Price at Release
$3.680
Full Release
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Summary
Nanosonics Limited reported its financial results for the fiscal year ending 30 June 2026, highlighting core business strength and progress in innovation. The company's revenue increased by 3% to $203.9 million with a 6% growth in constant currency terms. The trophon unit placements rose by 9% and significant advancements were made in their new product, the CORIS System, which is set to be commercially launched in FY27. Despite a 10% decrease in EBIT to $16 million, the company emphasized strong cash reserves and no debt, allowing for continued investment in growth strategies. The report also mentioned strategic initiatives such as a share buyback and the launch of next-generation technologies to support sustainable long-term growth.
Key Points
  • Revenue increased to $203.9 million, a 3% growth.
  • trophon unit placements grew by 9% to 4,230 units.
  • Introduction of next-generation trophon3 and trophon2 Plus.
  • EBIT decreased by 10% to $16 million.
  • Strong cash reserves of $155.2 million and zero debt.
  • CORIS System progressing towards commercial launch in FY27.
  • Share buyback of $20 million completed.
  • Continued investment in innovation and growth strategies.
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.