Nanosonics: Result 2016

Nanosonics continues to fire on all cylinders but it isn't without its risks.

From the moment the investor call started, you could hear Nanosonics’ chief executive, Michael Kavanagh, smiling down the phone. And with good reason: the company posted record sales for the year, with revenue up 93% to $43m, and Nanosonics turned a profit for the first time.

The net profit of $3.4m in the second half of the financial year – and $122,000 for the full year – isn’t anything to get excited about but the fact that the company is now self-sustaining, without need for constant capital injections, is.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles