Nova Eye Medical Ltd

  • IPO date:
  • Sector: Healthcare
  • GIC Group: Health Care Equipment & Services
  • Industry: Medical Devices
  • Company website

Company description

Nova Eye Medical Limited designs, develops, manufactures, markets, and sells surgical devices for the treatment of glaucoma in Australia, the United States, Europe, the Asia Pacific, and internationally. It offers iTrack, a surgical system for the reduction in intraocular pressure (IOP) in adult patients with open-angle glaucoma; iTrack Advance, a canaloplasty microcatheter; Molteno3, a glaucoma drainage device to treat patients with severe or complex glaucoma; and 2RT, a proprietary laser technology to treat patients in early/intermediate age-related macular degeneration. The company was formerly known as Ellex Medical Lasers Limited and changed its name to Nova Eye Medical Limited in July 2020. Nova Eye Medical Limited was incorporated in 1970 and is headquartered in Kent Town, Australia.

Financial highlights

Market Capitalization$37.1699 million
P/E Ratio0
P/E Growth Ratio
Book Value0.14
Dividend Per Share0
Earnings Per Share-0.08
EBITDA-8,745
Profit Margin-0.8507
Operating Margin TTM-0.6142
Return on Assets TTM-0.2061
Return on Equity TTM-0.5708
Revenue TTM17,977

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1989-06-30 1,133 1,133 804
1990-06-30 708 708 123
1991-06-30 337 337 76
1992-06-30 178 178 51
1993-06-30 79 79 34
1994-06-30 117 117 3
1995-06-30 7 7 2
1996-06-30 7.534 7.534 2.525
1997-06-30 102 102 3.67
1998-06-30
1999-06-30
2000-06-30
2001-06-30 0.16 0.16 262.385
2002-06-30 27,354 12,765 14,589 9,116
2003-06-30 26,063 13,023 13,040 10,673
2004-06-30 24,665 13,816 10,849 12,970
2005-06-30 28,351 14,549 13,802 14,700
2006-06-30 34,691 17,273 17,418 15,299
2007-06-30 45,502 23,088 22,414 19,529
2008-06-30 51,181 25,416 25,765 23,881
2009-06-30 59,254 29,192 30,062 26,191
2010-06-30 48,553 21,225 27,328 23,466
2011-06-30 43,373 21,952 21,421 21,821
2012-06-30 47,503 24,600 22,903 21,930
2013-06-30 42,804 21,755 21,049 21,308
2014-06-30 54,378 26,730 27,648 25,724
2015-06-30 62,679 29,805 32,874 30,707
2016-06-30 72,913 31,053 41,860 35,529
2017-06-30 71,635 30,930 40,705 40,524
2018-06-30 79,067 33,218 45,849 51,441
2019-06-30 81,637 30,840 50,797 57,153
2020-06-30 12,769 3,022 9,747 16,922
2021-06-30 13,394 2,243 11,151 16,318
2022-06-30 13,631 2,289 11,342 21,041
2023-06-30 17,240 2,631 14,609 26,388

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1989-06-30 199 3,878 209 19,349
1990-06-30 55 1,392 464 19,099
1991-06-30 22 1,198 102 19,579
1992-06-30 287 844 103 19,579
1993-06-30 202 545 59 19,579
1994-06-30 85 305 25 978
1995-06-30 1,051 1,226 22 1,956
1996-06-30 283.917 1,762.088 46.858 2,565.665
1997-06-30 340.769 1,732.554 91.062 2,761.266
1998-06-30 647.924 1,014.872 43.733 2,761.266
1999-06-30 214.162 567.063 48.047 4,054.517
2000-06-30 200.321 534.072 200.912 4,236.517
2001-06-30 375.667 1,145.661 355.8 487.418 5,155.715
2002-06-30 939 38,769 7,963 32,280
2003-06-30 1,059 37,075 6,485 73 27,985
2004-06-30 756 38,314 7,836 92 27,985
2005-06-30 39,055 10,065 3,126 27,985
2006-06-30 46,476 11,332 2,195 27,985
2007-06-30 2,740 63,687 20,307 5,131 33,544
2008-06-30 830 71,941 24,000 9,175 33,635
2009-06-30 1,632 50,905 20,854 10,486 35,176
2010-06-30 3,220 51,578 18,391 7,814 35,188
2011-06-30 1,744 48,382 18,060 7,400 35,188
2012-06-30 1,849 44,932 12,874 3,752 35,188
2013-06-30 786 47,346 16,517 6,369 35,188
2014-06-30 1,768 54,228 17,278 5,137 41,229
2015-06-30 4,593 58,980 19,186 6,010 396 41,229
2016-06-30 7,283 71,990 23,733 5,779 2,041 46,041
2017-06-30 9,244 86,542 29,609 15,536 0 55,949
2018-06-30 23,067 102,710 27,450 9,097 5,902 78,311
2019-06-30 15,372 99,893 31,097 15,039 0 78,311
2020-06-30 95,649 116,742 16,156 1,909 78,311
2021-06-30 17,801 41,994 6,659 1,938 36,678
2022-06-30 8,000 36,625 6,228 544 37,440
2023-06-30 7,419 30,357 7,166 639 892 45,175

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1989-06-30
1990-06-30
1991-06-30 22
1992-06-30 -395 264 22 286
1993-06-30 -298 -84 286 202
1994-06-30 -122 -117 202 85
1995-06-30 125 -83 965 85 1,050
1996-06-30 -226.278 -766.543 1,050.46 283.917
1997-06-30 -235.773 56.852 283.917 340.769
1998-06-30 292.8 340.769 633.569
1999-06-30 -728.249 -419.407 633.569 214.162
2000-06-30 -368 -13.841 214.162 200.321
2001-06-30 -462.497 -459.996 175.346 200.321 375.667
2002-06-30 -166 -1,016 -8 376 368
2003-06-30 1,632 691 368 1,059 1,531
2004-06-30 -206 1,204 -303 1,059 756
2005-06-30 -1,102 -2,961 -2,241 756 -1,485
2006-06-30 3,693 871 925 -1,485 -560
2007-06-30 4,267 1,931 3,300 -560 2,740
2008-06-30 4,745 -1,189 -2,762 2,740 -22
2009-06-30 -22,616 3,976 1,623 -22 1,601
2010-06-30 3,820 4,689 1,616 1,601 3,217
2011-06-30 -661 198 -2,208 3,217 1,009
2012-06-30 920 1,837 194 1,009 1,203
2013-06-30 -816 1,944 -1,716 1,203 -513
2014-06-30 788 2,704 2,299 -513 1,786
2015-06-30 1,680 6,324 2,807 1,786 4,593
2016-06-30 3,027 5,216 2,690 4,593 7,283
2017-06-30 -894 -3,496 1,173 7,283 8,456 0
2018-06-30 -5,037 522 14,611 8,456 23,067 19,386
2019-06-30 -5,773 -4,207 -7,884 23,067 15,183 19,386
2020-06-30 -10,327 5,400 80,466 15,183 95,649 19,386
2021-06-30 -4,356 -13,144 -77,848 95,649 17,801 19,386
2022-06-30 -7,496 -5,685 -9,801 17,801 8,000 0
2023-06-30 -15,293 -6,824 -581 8,000 7,419