earnings
confidence high
sentiment negative
materiality 0.85
Anteris Technologies posts FY2024 net loss of $76M; auditor flags going concern doubt
Anteris Technologies Global Corp.
- Net loss after tax $76.0M vs $46.8M in 2023; revenue flat at $2.7M.
- Cash balance $70.5M at Dec 31, 2024, after US IPO net proceeds of ~$79.6M.
- Net tangible asset backing per share $1.74 (Dec 2023: $1.04).
- Auditor's report unmodified but includes Emphasis of Matter on going concern.
- IDE submission for DurAVR THV pivotal trial on track for Q1 2025; 86 patients implanted to date.