Anteris Technologies Reports 16% Drop in Revenue and 23% Increase in Loss for H1 2025

Reuters
Aug 12
<a href="https://laohu8.com/S/AVR.AU">Anteris Technologies</a> Reports 16% Drop in Revenue and 23% Increase in Loss for H1 2025

Anteris Technologies Global Corp. (ATGC) has announced its financial results for the quarter ended June 30, 2025. The company reported a decrease in revenues from ordinary activities, amounting to $1.174 million, compared to $1.398 million in the same period last year, reflecting a decline of 16%. The loss from ordinary activities after tax increased by 23%, totaling $42.993 million compared to $34.972 million in the previous year. The loss for the period attributable to members was $42.698 million, up 22% from $35.057 million in 2024. No dividend has been proposed or declared for the reporting period. Significant business activities during the quarter included ongoing development of DurAVR® THV and preparation for its Pivotal Trial in treating severe aortic stenosis. The company utilized $37.6 million of proceeds from its initial public offering for this development, and an additional $14.1 million for net working capital and other general corporate purposes. Payments totaling $640,000 were made to related parties and their associates, covering various remunerations and fees within the company's operating activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anteris Technologies Global Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-030297), on August 12, 2025, and is solely responsible for the information contained therein.

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