Osteopore Limited's quarterly report for Q1 2026 highlighted a revenue growth of 10% quarter-over-quarter and 4% year-over-year, achieving AUD 754,000. The company secured a multi-year deal with Majeton for the Chinese market worth over RMB 12 million, and expanded its operations in Hong Kong and Singapore with new collaborations and a Centre of Excellence. Key developments include new products for avascular necrosis and precision catheter guides. Financially, Osteopore reported a net cash usage of AUD 205,000 in operations, maintaining a cash balance of AUD 1.734 million, while continuing access to significant funding facilities.
Key Points
Osteopore Limited released its quarterly results and Appendix 4C Cash Flow Report for Q1 2026.
The company reported a revenue growth of 10% quarter-over-quarter and 4% year-over-year, with a total revenue of AUD 754,000.
Osteopore entered a multi-year exclusive collaboration with Majeton in the Chinese market, valued at over RMB 12 million.
The company is expanding into Hong Kong with a Global Centre of Excellence and a distribution agreement with MontsMed.
Osteopore has developed a new avascular necrosis product in collaboration with Tan Tock Seng Hospital in Singapore.
The company is also working on a precision catheter guide with the National University Hospital in Singapore.
Osteopore announced its expansion into 3D printing services and distribution rights for a new autologous dentin bone graft technology in Singapore.
The company reported a net cash use in operating activities of AUD 205,000, with a cash balance of approximately AUD 1,734,000 as of March 31, 2026.
Osteopore maintains access to a redeemable convertible note facility with a nominal value of up to AUD 20 million, with AUD 14.25 million available for future use.
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.