PNV News: When Will PolyNovo Limited (ASX:PNV) Become Profitable? - 5th May 2023, 12:57pm

[annb0t]

With the business potentially at an important milestone, we thought we'd take a closer look at PolyNovo Limited's (ASXNV) future prospects. PolyNovo Limited develops medical devices in the United States, Australia, New Zealand, the United Kingdom, Ireland, Singapore, and internationally. The AU$1.0b market-cap company posted a loss in its most recent financial year of AU$1.2m and a latest trailing-twelve-month loss of AU$6.6m leading to an even wider gap between loss and breakeven. The most pr...

>>> Read more: When Will PolyNovo Limited (ASXNV) Become Profitable?

 

[kickit2me]

With the business potentially at an important milestone, we thought we'd take a closer look at PolyNovo Limited's (ASXNV) future prospects. PolyNovo Limited develops medical devices in the United States, Australia, New Zealand, the United Kingdom, Ireland, Singapore, and internationally. The AU$1.0b market-cap company posted a loss in its most recent financial year of AU$1.2m and a latest trailing-twelve-month loss of AU$6.6m leading to an even wider gap between loss and breakeven. The most pr...

>>> Read more: When Will PolyNovo Limited (ASXNV) Become Profitable?

Very generic information from what I can make out.
Teasing in their predictions, there is no easy access to how they arrived at their numbers.
Does highlight the low risk of putting money into PNV

 

[Lattelarry]

becoming profitable isnt even a goal while every dollar reinvested in the business will return far more.

But if you look at the P&L you can see that if they wanted to be profitable they could stop R&D they are very close. And they are then EBITDA profitable too:

I'm pretty sure they make the rule of 40 or are very close to that too if they can keep revenue growth at 50%