earnings
confidence high
sentiment positive
materiality 0.75
AVITA Medical Q1 revenue $18.5M (+67% YoY); reaffirms FY guidance $100-106M
AVITA Medical, Inc.
2025-Q1 EPS reported
-$0.53
revenue$18,514,000
- Net loss of $13.9M ($0.53/sh) improved from $18.7M loss ($0.73/sh) in Q1 2024.
- Gross profit margin 84.7%; RECELL-only margin 86.4%; expects ~$2.5M lower quarterly opex going forward.
- Launched RECELL GO mini in Feb; nationwide Cohealyx launch on Apr 1 expanding addressable U.S. market to >$3.5B.
- Obtained OrbiMed revenue covenant waiver for Q1; Q2 trailing 12-month covenant set at $78.0M.
- Expects to generate free cash flow in H2 2025 and achieve GAAP profitability in Q4 2025.