Professional
Added to YB: 2024-08-09
Pitch date: 2024-06-30
NAN.AX [bullish]
Nanosonics Limited
+32%
current return
Author Info
No bio for this author
Company Info
Nanosonics Limited operates as an infection prevention company globally. The company manufactures and distributes the trophon ultrasound probe disinfector, and its related consumables and accessories; and research, develops, and commercialize of infection control and decontamination products and related technologies.
Market Cap
AUD 1.2B
Pitch Price
AUD 3.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
51.30
P/E
72.57
EV/Sales
5.65
Sector
Health Care Equipment and Supplies
Category
turnaround
Lakehouse Capital Portfolio Holding: Nanosonics Limited
NAN.AX: -36.9% FY24, -3.3% drag on Fund. H1 rev -2% due to tight hospital budgets. H2 improving. Growth opps: Trophon penetration, upgrades, global expansion. New CORIS product for endoscope cleaning. LT fundamentals & intrinsic value unchanged despite price drop. Mgmt adapting sales strategy & investing in new product commercialization.
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