Strong Revenue Growth
Nanosonics achieved a 17% growth in revenue, reaching $198.6 million, which was at the top end of the upgraded guidance provided at the half year.
Increase in Recurring Revenue
Recurring revenue from consumables and services grew 20% to $146.1 million, driven by a 6% growth in cumulative installed base.
Improved Gross Profit Margin
The gross profit margin improved to 78.2%, reflecting strong operational performance.
Profit Before Tax Growth
Profit before tax increased by 72% to $22.3 million, demonstrating significant profitability improvement.
Launch of New Products
Nanosonics launched trophon3 and trophon2 plus, introducing cloud-based traceability and other enhancements.
CORIS FDA Clearance
The company secured FDA de novo clearance for CORIS, paving the way for future commercialization.
Sustainability Achievements
Nanosonics delivered on its commitment to source 100% renewable energy, leading to a 56% reduction in Scope 2 emissions.