earnings
confidence high
sentiment negative
materiality 0.85
AVITA Medical Q2 revenue $18.4M (+21% YoY); slashes FY2025 revenue guidance to $76M-$81M, delays profitability to 2026
AVITA Medical, Inc.
2025-Q2 EPS reported
-$0.90
revenue$36,932,000
- Q2 2025 commercial revenue $18.4M (+21% YoY); net loss $9.9M vs $15.4M prior year.
- FY2025 revenue guidance reduced to $76M-$81M (prior $100M-$106M) due to MAC payment backlog affecting RECELL demand.
- Fifth amendment to OrbiMed credit agreement: TTM revenue covenants lowered through Q2 2026; 400,000 common shares issued in lieu of cash fee.
- Michael Tarnoff appointed to Board of Directors; adds healthcare leadership experience.
- Clinical highlight: RECELL reduces hospital stays 36%; CMS NTAP approved for inpatient trauma wounds.
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