Nova Eye USA Sales Growth Opportunity slide image

Nova Eye USA Sales Growth Opportunity

H1 FY24 Global Sales no H1 FY23 (Audited) H2 FY23 FY23 (Audited) H1 FY24 (unaudited) Growth on PCP US Dollars '000's USA Western Europe 3,060 3,587 6,647 5,050 65% 1,331 1,252 2,583 1,255 -6% Western Europe OEM sale of equipment (1) China 256 - 256 N/A 1,050 736 1,786 315 -70% Total 5,697 5,575 11,272 6,620 16% Focus of sales and marketing investment in USA following launch of iTrack™ Advance in May 2023 with demonstrated growth results. Investments in marketing outside the USA have been limited. Western European iTrack™ sales have fallen 6% in 1H FY24 compared to the PCP reflecting the limited sales and marketing investment in this region (focus on USA). Sales to China temporarily disrupted in 2023 by medical industry-wide government review of marketing methods. PCP was impacted by a delivery of previous order scheduled for 30 June 2022 delivery delayed export documentation until 5 July 2022. (1) Sales in Germany and Europe in the PCP included a OEM sale of a package of iLumin light sources nova-eye.com | 15
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