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Nanosonics (NAN) investor relations material
Nanosonics AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
The 20th AGM opened with a quorum; 293 valid proxies represented more than 190 million shares, just over 64% of shares on issue.
Chairman Steven Sargent and CEO Michael Kavanagh delivered their addresses; proceedings included eight resolutions, questions and votes, followed by stakeholder questions.
Annual reports for the year ended 30 June 2026 were received for consideration without a formal vote.
Financial performance review
FY26 reported revenue was $203.9m, up 3%; constant-currency revenue was $211.5m, up 6%. Constant-currency EBIT rose 21% to $21.6m; gross margin was 76.9%, or 77.6% at constant currency.
Trophon placements were 4,230, up 9%, and the installed base grew 6% to 39,230 devices; trophon-only EBIT was $50.6m, up 5%, or $56.5m at constant currency, up 16%.
Cash was $155.2m with no debt; R&D investment was $31.8m and operating expenses were $141.4m, up 2%. Management cited disciplined costs, cash generation and capacity to invest in R&D and CORIS.
More than 31 million patients were protected in FY26; milestones included trophon3 and trophon2 Plus launches and an AUD 20m buyback.
Board and executive committee updates
Sarah Butler joined as an independent non-executive director in January 2026 and was nominated for election with Board support.
Julien Sauvagnargues was announced as an independent non-executive director, joining on 1 December 2026; he brings two decades at Olympus and MedTech leadership experience across Europe and North America.
Dr. Lisa McIntyre left the Board in November 2025; shareholders were also asked to re-elect Larry Marshall and Tracey Batten.
- FY27 guidance targets 8–12% revenue growth, increased CORIS investment, and a $40M buyback.NAN
H2 2026 - Revenue up 9% to $102.2M, operating margin up 27%, guidance and strong cash position maintained.NAN
H1 2026 - Strong financials, product innovation, and global expansion drive growth; $20M buyback announced.NAN
AGM 2025 - Strong FY25 growth with 17% revenue increase and robust outlook for FY26.NAN
H2 2025 - Revenue up 2%, installed base grew 7%, and all resolutions passed strongly.NAN
AGM 2024 - Strong H2 rebound drove 2% revenue growth; FY25 targets 8–12% growth and margin recovery.NAN
H2 2024 - Revenue up 18%, net profit up 58%, gross margin 78.5%, FY25 guidance raised.NAN
H1 2025
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