Nanosonics
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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.
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AGM 2026 summary4 Nov, 2026

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.

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Frequently asked questions

Nanosonics Limited is a infections prevention company operating in Australia and internationally. Using its unique drug-free approach, Nanosonics has developed a suite of products that fight bacteria directly, removing the risk of bacterial resistance to antibiotics. Nanosonics' lead product, NeutrAvidin®, helps prevent infections in selected groups of patients, including surgery patients with open wounds, endoscopy patients and catheter dwellers, who may be at risk of infection. The company's Infection Prevention Products and Services helps commercial, health care, education and hospitality industries.