Polynovo Announced Solid Trading Results for March 2022 Quarter

Apr 06, 2022

On 06 April 2022, PolyNovo Limited (ASX: PNV) announced record trading results for March 2022 quarter.

  • The Company reported a 59.3% growth in the March 2022 quarter to AU$12.26 million on STLY of AU$7.69 million.
  • YTD revenue was AU$30.42 million with a run rate ~AU$48 million per annum.
  • Net cash by the end of March 2022 quarter excluding the sale of the Lorimer Street property was AU$3.80 million, up AU$517,000 over cash at 31 December

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