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Nova Eye Medical Delivers Record Revenues for FY25

Nova Eye Medical (ASX:EYE) 2 mins read

HIGHLIGHTS

  • Record revenues of A$28.8m for the year ended 30 June 2025 and in line with guidance
  • Six consecutive half-years of growth in the USA with H2FY25 US sales up 25% on pcp
  • Q4FY25 sales of A$8.4m the highest on record 

Nova Eye Medical Limited (ASX: EYE) (Nova Eye or the Company) is pleased to report a record sales result for FY25.

Group revenue for FY25 reached A$28.8 million (US$18.4 million), up 21% (in constant currency) from FY24.

Key drivers include:

  • US sales of US$14.2 million, up 25% with iTrack™ Advance delivering six consecutive half-years of revenue growth.
  • H2FY25 sales A$15.7 million (US$10 million) up 46% on pcp (in constant currency) and in line with guidance
  • Q4FY25 sales of A$8.4 million (US$5.4 million) were the highest on record  

The record result underscores the continued adoption of iTrack™ Advance and growing global recognition of Nova Eye’s technology. Nova Eye expects revenue growth to continue in FY26.

Read ASX Announcement here: Record Revenues for FY25

Investor Webinar - Managing Director Tom Spurling will discuss Nova Eye Medical’s record sales results for the FY25 period.

Participants will have the opportunity to submit questions before the webinar by emailing [email protected] or during the live Q&A session.

Read Investor Presentation here: Nova Eye Medical Limited (ASX:EYE) Investor Webinar Presentation

For additional information about Nova Eye Medical and its technologies, please visit: www.nova-eye.com


About us:

ABOUT NOVA EYE MEDICAL 
Nova Eye Medical Limited is a medical technology company that develops, manufactures andsells a portfolio of proprietary ophthalmic treatment technologies and devices. Used by eye surgeons globally, these technologies include iTrack™ Advance a minimally invasive consumable glaucoma surgical device that restores the eye’s natural outflow pathway to lower pressure inside the eye and to eliminate patient reliance on anti-glaucoma medications for mild-moderate glaucoma. The Molteno3® glaucoma drainage device platform is designed to enhance surgical utility and optimize clinical outcomes for long-term IOP control in cases of severe glaucoma. It also offers the benefit of a simplified and faster surgical procedure. With its sales headquarters based in Fremont, California, Nova Eye Medical is supported by a global network of distribution partners. Manufacturing facilities are located in Fremont, California and Dunedin, New Zealand.

For additional information about Nova Eye Medical and its technologies, please visit: www.nova-eye.com


Contact details:

Company
Tom Spurling
Managing Director
+61 417 818 658
[email protected]

Investors
Mark Flynn
Investor Relations
+61 416 068 733
[email protected]

 

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