Nova Eye Medical Ltd operates in the Electromedical equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nova Eye Medical Ltd with three other
medical equipment manufacturers in Australasia:
Nanosonics Limited
(2019
sales of 84.32 million Australian Dollars [US$60.23 million]
of which 100%
was Biotechnology),
Compumedics Limited
(41.51 million Australian Dollars [US$29.65 million]
of which 45%
was Australia and Asia Pacific), and
Cyclopharm Ltd
(14.10 million Australian Dollars [US$10.07 million]
).
Sales Analysis.
Nova Eye Medical Ltd reported sales of A$81.81 million (US$58.43 million)
for the
fiscal
year ending
June of 2019.
This
represents
an
increase of 3.3%
versus 2018, when the company's sales were A$79.23 million.
Sales of 2rt saw an increase
that was more than double the company's growth rate: sales were up
260.4% in 2019, from
A$497,000.00 to A$1.79 million.
Nova Eye Medical Ltd also saw significant increases in sales in
Itrack (up 29.2% to A$14.32 million)
.
Not all segments of Nova Eye Medical Ltd experienced an increase in sales in 2019:
sales of Lasers and Ultrasounds fell 2.9% to A$65.52 million.