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Nova Eye Medical (AU:EYE)
ASX:EYE
EYE Stock Chart & Stats
AU$0.13
-AU$0.01(-5.26%)
At close: 4:00 PM EST
AU$0.13
-AU$0.01(-5.26%)
Day’s Range― - ―
52-Week RangeAU$0.09 - AU$0.21
Previous CloseN/A
Volume155.74K
Average Volume (3M)204.72K
Market Cap
AU$42.72M
Enterprise ValueAU$45.04M
Total Cash (Recent Filing)AU$2.62M
Total Debt (Recent Filing)AU$4.94M
Price to Earnings (P/E)―
Beta0.82
Next Earnings
Aug 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding284,833,280
10 Day Avg. Volume176,528
30 Day Avg. Volume204,722
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)1.43
Price to Sales (P/S)0.93
P/FCF Ratio-4.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.01
Revenue Forecast (FY)AU$36.15M
Bulls Say, Bears Say
Bulls Say
Revenue GrowthReported revenue growth of 12.09% demonstrates sustained demand for Nova Eye Medical's ophthalmic offerings. Consistent top-line expansion supports scale economics, helps absorb fixed costs, funds continued R&D and commercialization efforts, and underpins potential margin recovery over months.
Low Financial LeverageA low debt-to-equity ratio of 0.16 provides balance sheet flexibility and limits interest burden. Manageable leverage reduces refinancing risk, preserves capacity to raise capital if needed, and supports strategic investments or operational scaling without immediate solvency pressure.
Device + Consumables Business ModelA combined offering of surgical devices and consumables creates recurring aftermarket revenue and stronger customer relationships with ophthalmologists and clinics. This mix supports predictable replacement cycles, cross-selling, and durable revenue streams that help stabilize sales over time.
Bears Say
Gross Margin DeteriorationA sharp drop in gross margin from 86.57% to 68.56% materially reduces unit economics and cash generation. Persistent margin pressure—from pricing, mix shifts, or input costs—would limit the company's ability to invest in growth and could prolong the path to sustainable profitability.
Ongoing Operating LossesConsistent negative net profit and EBIT margins indicate the business is not yet profitable at an operating level. Continued losses constrain reinvestment, raise dependence on external funding, and increase execution risk until margins and operating leverage are restored.
Negative Operating And Free Cash FlowNegative operating and free cash flows signal the company is not generating cash from core operations. Persistent cash burn shortens runway, may force dilutive capital raises or debt, and limits strategic flexibility to invest in commercialization or production capacity during the next several months.
Nova Eye Medical News
EYE FAQ
What was Nova Eye Medical’s price range in the past 12 months?
Nova Eye Medical lowest share price was AU$0.09 and its highest was AU$0.20 in the past 12 months.
What is Nova Eye Medical’s market cap?
Nova Eye Medical’s market cap is AU$42.72M.
When is Nova Eye Medical’s upcoming earnings report date?
Nova Eye Medical’s upcoming earnings report date is Aug 27, 2026 which is in 175 days.
How were Nova Eye Medical’s earnings last quarter?
Nova Eye Medical released its earnings results on Feb 25, 2026. The company reported -AU$0.012 earnings per share for the quarter, missing the consensus estimate of -AU$0.005 by -AU$0.007.
Is Nova Eye Medical overvalued?
According to Wall Street analysts Nova Eye Medical’s price is currently Overvalued.
Does Nova Eye Medical pay dividends?
Nova Eye Medical pays a Weekly dividend of AU$0.414 which represents an annual dividend yield of N/A. See more information on Nova Eye Medical dividends here
What is Nova Eye Medical’s EPS estimate?
Nova Eye Medical’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nova Eye Medical have?
Nova Eye Medical has 284,833,280 shares outstanding.
What happened to Nova Eye Medical’s price movement after its last earnings report?
Nova Eye Medical reported an EPS of -AU$0.012 in its last earnings report, missing expectations of -AU$0.005. Following the earnings report the stock price went down -3.125%.
Which hedge fund is a major shareholder of Nova Eye Medical?
Currently, no hedge funds are holding shares in AU:EYE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Nova Eye Medical Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
AU:EYE Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $7.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-44.16%
Trailing 12-Months
Asset Growth
-12.96%
Trailing 12-Months
Company Description
Nova Eye Medical
Nova Eye Medical (EYE) is a medical technology company focused on developing innovative solutions for the diagnosis and treatment of eye diseases. Operating primarily in the ophthalmology sector, Nova Eye Medical specializes in advanced surgical devices, including their proprietary iTrack system for treating glaucoma and various retinal surgeries. The company aims to enhance the quality of eye care through its cutting-edge products, which are designed to improve patient outcomes and streamline surgical procedures.
Technical Analysis
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Options Prices
Currently, No data available
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