AVITA Medical Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.21
Dividend & YieldN/A$ (N/A)
Beta 0.79
Market capitalization 163.2M
Operating cash flow -13.53M
ESG Scores unknown

Company description

AVITA Medical, Inc. operates as a commercial-stage regenerative tissue company in the United States, Australia, and the United Kingdom. It offers regenerative products to address unmet medical needs in burn injuries, trauma injuries, chronic wounds, and dermatological and aesthetics indications, including vitiligo. The company's patented and proprietary platform technology provides treatment solutions derived from the regenerative properties of a patient's skin. Its lead product is RECELL System, a device that enables healthcare professionals to produce a suspension of Spray-On Skin cells using a small sample of the patient's skin to use in the treatment of acute thermal burns in patients eighteen years and older. AVITA Medical, Inc. has a research agreement with the University of Colorado School of Medicine to establish pre-clinical proof-of-concept for a spray-on treatment of genetically corrected cells; and with Houston Methodist Research Institute to explore molecular reversal of cellular aging through a novel cell suspension delivery system. The company was formerly known as AVITA Therapeutics, Inc. and changed its name to AVITA Medical, Inc. in December 2020. AVITA Medical, Inc. was incorporated in 2000 and is based in Valencia, California.

Sector: Healthcare - Industry: Medical Devices

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2021-12-31
Change To Liabilities 2.24M 2.44M -693k -1.03M
Total Cashflows From Investing Activities -1.23M -847k -1.17M -99.36M
Net Borrowings -62k -42k -11k
Total Cash From Financing Activities 29.71M 77.06M 64.05M 14k
Change To Operating Activities 2.31M 92k -4.52M 10.74M
Issuance Of Stock 32.7M 82.18M 69.17M 14k
Net Income -25.1M -42.03M -26.58M -28.85M
Change In Cash 9.39M 53.47M 37.11M -110.47M
Effect Of Exchange Rate 156k 3k 133k -118k
Total Cash From Operating Activities -19.25M -22.75M -25.9M -11M
Depreciation 269k 465k 715k 660k
Change To Account Receivables -1.29M -729k -1.4M 700k
Other Cashflows From Financing Activities -2.93M -5.08M -5.11M
Change To Netincome 2.31M 17.49M 7.19M 7.51M
Capital Expenditures -1.02M -590k -894k -130k

Income Statement 2019-06-30 2020-06-30 2021-06-30 2021-12-31
Research Development 8M 9.16M 14.82M 15.17M
Income Before Tax -25.22M -42.03M -26.55M -28.8M
Net Income -25.1M -42.03M -26.58M -28.85M
Selling General Administrative 27.65M 48.73M 37.06M 38.85M
Gross Profit 4.2M 11.29M 23.28M 24.1M
Ebit -25.53M -42.68M -26.54M -28.76M
Operating Income -25.53M -42.68M -26.54M -28.76M
Interest Expense -27k -33k -22k -34k
Income Tax Expense -121k 4k 38k 50k
Total Revenue 5.47M 14.26M 29.23M 27.91M
Cost Of Revenue 1.27M 2.97M 5.95M 3.81M
Total Other Income ExpenseNet 305k 653k -5k -42k
Net Income From Continuing Ops -25.1M -42.03M -26.58M -28.85M
Net Income Applicable To Common Shares -25.1M -42.03M -26.58M -28.85M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2021-12-31
Total Liabilities 4.95M 10.06M 9.85M 11.39M
Total Stockholder Equity 20.83M 72.4M 115.66M 104.62M
Other Current Liabilities 438k 27k 247k 355k
Total Assets 25.78M 82.46M 125.5M 116.02M
Common Stock 3k 3k 3k 3k
Other Current Assets 240k 324k 201k 203k
Retained Earnings -152.83M -194.91M -221.5M -235.92M
Treasury Stock 8.18M 8.15M 8.26M 8.06M
Cash 20.17M 73.64M 110.75M 55.51M
Total Current Liabilities 4.48M 7.71M 7.39M 9.15M
Other Stockholder Equity 8.18M 8.15M 8.26M 8.06M
Property, Plant, and Equipment 1.31M 3.71M 2.94M 2.81M
Total Current Assets 24.12M 78.39M 121.33M 92.13M
Net Tangible Assets 20.61M 72.04M 115.18M 104.18M
Net Receivables 2.04M 2.51M 7.88M 3.51M
Accounts Payable 1.92M 4.33M 3.12M 2.71M


Insider Transactions

Here are the insider transactions of stock shares related to AVITA Medical Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to AVITA Medical Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on AVITA Medical Inc

Here is the result of two systematic investment strategies applied to AVITA Medical Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on AVITA Medical Inc

The following chart shows the equity curve of the two systematic investment strategies applied to AVITA Medical Inc:

AVITA Medical Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -18.08% on the backtest period.

Performance at glance

Performance

-18.08 %

Latent gain

-132.62 $

Invested capital

733.55 $

Annualized return

-8.69 %
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Momentum strategy results on AVITA Medical Inc

This is the result of two momentum investment strategies applied to AVITA Medical Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on AVITA Medical Inc

The following chart shows all the entries opened by the momentum investment system on AVITA Medical Inc:

AVITA Medical Inc momentum entries
  • The first momentum investment strategy would give -24.3% of return on AVITA Medical Inc. That represents -672.3$ of latent gain with 2766.45$ of employed capital.
  • The second momentum investment strategy would give -16.85% of return on AVITA Medical Inc. That represents -501.75$ of latent gain with 2978.31$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-24.3 %

Latent gain

-672.3 $

Invested capital

2766.45 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-16.85 %

Latent gain

-501.75 $

Invested capital

2978.31 $

Annualized return

-10.53 %

Momentum equity curve on AVITA Medical Inc

The following chart shows the equity curve of the two momentum strategies applied to AVITA Medical Inc:

AVITA Medical Inc momentum equity

Note: the dividends potentially given by AVITA Medical Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AVITA Medical Inc

The following chart shows the employed capital evolution of the two momentum strategies on AVITA Medical Inc since the beginning:

AVITA Medical Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on AVITA Medical Inc

Buy the dip entry openings on AVITA Medical Inc

AVITA Medical Inc

The performance achieved by the robo-advisor on AVITA Medical Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows AVITA Medical Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of AVITA Medical Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to AVITA Medical Inc

The following chart shows the result of the investment strategy applied to AVITA Medical Inc:

AVITA Medical Inc

Note: the dividends potentially given by AVITA Medical Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AVITA Medical Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on AVITA Medical Inc:

AVITA Medical Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on AVITA Medical Inc

In this section, I will compare the three previous investment strategies applied to AVITA Medical Inc.

Equity curve comparison on AVITA Medical Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

AVITA Medical Inc investment strategy comparison

Employed capital comparison on AVITA Medical Inc

AVITA Medical Inc investment comparison

Performance comparison on AVITA Medical Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -18.08% -132.62$ 733.55$ -8.69%
Momentum 1 quarter -24.3% -672.3$ 2766.45$ -13.21%
Momentum 2 quarters -16.85% -501.75$ 2978.31$ -10.53%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-8.69 %

Momentum 1Q

-10.53 %

Momentum 2Q

-10.53 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with AVITA Medical Inc:

Note: The algorithm computes the probability of correlation between AVITA Medical Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of AVITA Medical Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name AVITA Medical Inc
Country United States
City Valencia
Address 28159 Avenue Stanford
Phone 661 367 9170
Website www.avitamedical.com
FullTime employees 116
Industry Medical Devices
Sector Healthcare
Exchange XNAS
Ticker RCEL
Market www.nasdaq.com

AVITA Medical Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown