Polynovo Ltd
PNV: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$8.50 | Bdd | Dmnggsz |
Polynovo Earnings: Broadly Tracking to Our Earnings Estimates
No-moat Polynovo’s fiscal 2024 sales rose 54% to AUD 92 million, with 75% stemming from the main United States market. This increase largely reflects 197 new US customer accounts opened in the period to a total of 496, effective marketing featuring. The underlying group EBIT of AUD 1 million was close to our AUD 2 million forecast.