AVITA Medical Inc

AVH: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$1.90	Mvv	Gpcxcrtd

Avita Medical: Slight Downgrade but Long-Term Intact

Shane Ponraj

Nov 21, 2023

We decrease our fair value estimate for no-moat Avita Medical by 4% to AUD 5.40. This is largely due to the weaker U.S. dollar. We have also cut our fiscal 2023 revenue forecast by 4% to USD 50 million and now expect a net loss of USD 39 million from a loss of USD 38 million prior. However, we leave our long-term estimates unchanged.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

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