Friday 6 November 2026
Export RCEL’s income statement to Excel — free account
Avita Medical Inc.
RCEL Healthcare Medical Devices
Avita Medical Inc.’s revenue for fiscal 2025 (year ended December 2025) was $71.6 million, up 11.5% from fiscal 2024.
- Revenue
- +53.1%
- EPS
- +56.9%
- Free cash flow
- +86.7%
- Total debt
- +7.13%
Quarter to September 2026, against a year earlier
16.60
0.92
+5.87%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1 | 1 | 1 | 6 | 14 | 29 | 34 | 50 | 64 | 72 | 85 | +66.5% | 87 | 110 | 134 | +23.2% | |
| Gross margin, % | 59.92 | 57.17 | 57.33 | 77.97 | 79.16 | 79.65 | 82.45 | 84.48 | 85.85 | 82.13 | 82.36 | +22.2 pt | ||||||
| EBT | (8) | (9) | (14) | (25) | (42) | (27) | (27) | (35) | (62) | (49) | (36) | +21.9% | ||||||
| EBT margin, % | (1,122.08) | (1,063.75) | (1,493.54) | (458.64) | (294.65) | (90.81) | (77.36) | (70.43) | (96.17) | (67.83) | (42.57) | +1,054.3 pt | ||||||
| Net income | (6) | (9) | (13) | (25) | (42) | (27) | (27) | (35) | (62) | (49) | (36) | +27.0% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.15 | 0.13 | 0.10 | 0.44 | 0.70 | 1.29 | 1.38 | 1.98 | 2.48 | 2.57 | 2.74 | +37.5% | |||||
| Earnings | (1.50) | (1.30) | (1.40) | (2.00) | (2.07) | (1.17) | (1.07) | (1.40) | (2.39) | (1.74) | (1.17) | +1.7% | ||||||
| Cash flow | (1.16) | (0.96) | (1.36) | (1.55) | (1.12) | (1.14) | (0.76) | (1.50) | (1.89) | (1.12) | (0.64) | (0.4%) | ||||||
| Capex | (0.01) | 0.02 | 0.00 | 0.00 | 0.00 | (0.01) | (0.02) | (0.05) | (0.35) | (0.06) | (0.01) | +26.7% | ||||||
| Free cash flow | (1.17) | (0.94) | (1.36) | (1.55) | (1.12) | (1.15) | (0.78) | (1.55) | (2.25) | (1.18) | (0.65) | +0.1% | ||||||
| Book value | 1.00 | 0.58 | 1.50 | 1.65 | 3.57 | 5.10 | 3.39 | 1.94 | 0.17 | (0.60) | (1.01) | n/m | ||||||
| Shares, m | 5 | 7 | 9 | 13 | 20 | 23 | 25 | 25 | 26 | 28 | 30 | +21.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | 0.00 | 0.00 | 0.00 | 0.00 | 22.42 | 21.39 | 4.68 | 6.86 | 5.16 | 1.34 | 5.72 | 6.2 | ||||||
| P/B | 0.00 | 0.00 | 0.00 | 10.05 | 6.74 | 2.85 | 1.90 | 7.01 | 73.63 | 0.00 | 0.00 | 10.2 | ||||||
| EV/Sales | 0.00 | 0.00 | 0.00 | 0.00 | 19.20 | 15.34 | 2.41 | 5.90 | 5.27 | 2.27 | 6.68 | 5.0 | ||||||
| EV/FCF | 0.22 | 0.14 | 0.65 | (44.31) | (24.09) | (38.01) | (4.20) | (7.48) | (5.80) | (4.92) | (28.15) | (12.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (6) | (6) | (13) | (20) | (23) | (26) | (19) | (38) | (49) | (31) | (20) | +20.6% | |||||
| Capex | 0 | 0 | 0 | (1) | (1) | 0 | (1) | (1) | (9) | (2) | 0 | +53.4% | ||||||
| Free cash flow | (6) | (6) | (13) | (20) | (23) | (26) | (20) | (39) | (58) | (33) | (20) | +21.2% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 5 | 4 | 14 | 20 | 71 | 114 | 77 | 91 | 37 | (27) | 5 | n/m | |||||
| Net debt | (4) | (3) | (11) | (20) | (71) | (109) | (78) | (49) | 6 | 25 | 35 | n/m | ||||||
| Shareholders’ equity | 5 | 4 | 14 | 21 | 72 | 116 | 85 | 49 | 4 | (17) | (31) | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (138.32) | (144.05) | (73.46) | (96.61) | (50.97) | (21.18) | (23.83) | (33.71) | (64.64) | (71.40) | (65.36) | +66.9 pt | |||||
| ROIC | (358.28) | (589.65) | 0.00 | 0.00 | 0.00 | (142.98) | (263.35) | 0.00 | (324.79) | (334.18) | 0.00 | +24.1 pt | ||||||
| ROE | (175.68) | (196.03) | (88.99) | (117.92) | (58.05) | (22.98) | (26.61) | (52.89) | (230.96) | 799.72 | 191.59 | +975.4 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 26 | 37 | 55 | — | 98 | 108 | 126 | 207 | 260 | 226 | — | +27.2% | |||||
| Revenue/emp, $m | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.24 | 0.25 | 0.32 | — | +30.9% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Avita Medical Inc. vs peers in Medical Devices (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BWAY Brainsway Ltd. Sponsored ADR | $427.1M | 21.2× | — (loss-making) | +35.43% (above 0%: growing) | +40.00% (above 0%: growing) | −51.68% (below 0%: shrinking) | 74.62% | 13.98% | Compare |
| SI Shoulder Innovations, Inc. | $424.1M | — (loss-making) | — (loss-making) | +37.73% (above 0%: growing) | n/m | +38.63% (above 0%: growing) | 78.47% | (46.92%) | Compare |
| MASS 908 Devices Inc. | $419.5M | — (loss-making) | — (loss-making) | +23.31% (above 0%: growing) | n/m | +150.95% (above 0%: growing) | 51.90% | (79.69%) | Compare |
| RCEL Avita Medical Inc. | $389.5M | — (loss-making) | — (loss-making) | +53.05% (above 0%: growing) | n/m | +86.66% (above 0%: growing) | 84.02% | (17.95%) | |
| SSII SS Innovations International, Inc. | $380.9M | — (loss-making) | — (loss-making) | +39.39% (above 0%: growing) | n/m | −16.62% (below 0%: shrinking) | 50.94% | (16.29%) | Compare |
| MOBI Mobia Medical, Inc | $375.5M | — (loss-making) | — (loss-making) | +175.85% (above 0%: growing) | n/m | −18.01% (below 0%: shrinking) | 83.25% | (118.67%) | Compare |
| OFIX ORTHOFIX MEDICAL INC. | $363.3M | — (loss-making) | — (loss-making) | +3.85% (above 0%: growing) | n/m | −516.58% (below 0%: shrinking) | 70.97% | (3.86%) | Compare |
| VMD Viemed Healthcare, Inc. | $343.2M | 22.0× | 23.4× | +12.18% (above 0%: growing) | +33.33% (above 0%: growing) | −67.55% (below 0%: shrinking) | 57.26% | 0.00% | Compare |
| CV CapsoVision, Inc. | $329.9M | — (loss-making) | — (loss-making) | +9.89% (above 0%: growing) | n/m | −84.44% (below 0%: shrinking) | 51.36% | (208.07%) | Compare |
| Median of peers | $378.2M | — | — | +29.37% | — | −34.85% | 64.12% | (31.60%) |