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PolyNovo (PNV) investor relations material
PolyNovo AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Quorum confirmed; hybrid AGM opened, with shareholders attending in person and online. The meeting began with the FY 2026 annual, directors’ and auditor’s reports.
Two directors retired at the meeting and were thanked for their contributions; a patient story followed Sam Nye’s recovery after a severe shark attack using NovoSorb BTM.
Financial performance review
FY 2026 revenue growth was 21% in constant currency; underlying EBITDA rose 50.4% YoY and free cash flow was AUD 9.4m.
Chair cited no debt, cash generation and only about AUD 1.5m remaining to pay on factory capex; operating and admin costs were stable, while people costs rose about 4%.
Management said profitability is improving but depends on balancing reinvestment with returns; revenue, profitability, cash generation and broader platform use were cited as shareholder value measures.
Board and executive committee updates
Robyn Elliott and Christine Emmanuel-Donnelly retired at the AGM; Charmaine Gittleson joined in April, and Dean Phizacklea and Andrew Price were appointed in September 2026 and stood for election.
CEO Bruce Peatey, Chief Scientific Officer Marthe D’Ombrain, General Counsel and Company Secretary Amy Demediuk, and Chief Manufacturing and Supply Chain Officer Tyson Parker joined the leadership team.
New directors cited experience across clinical and regulatory affairs, international markets, innovation, supply chains, quality and governance.
- Sales and EBITDA surged, with robust global growth and a strong innovation pipeline for FY27.PNV
H2 2026 - Revenue and cash flow surged, with new products and expanded capacity driving FY27 growth.PNV
Trading update - Sales up 26% to AUD 68.2M, NovoSorb MTX up 195%, and U.S. PMA submission on track for FY26.PNV
H1 2026 - Strong growth and governance reforms mark a year of expansion and leadership transition.PNV
AGM 2025 - Record 28.9% sales growth and 149.1% profit increase, fueled by global expansion.PNV
H2 2025 - Strong growth, global reach, and governance advances define this year's AGM.PNV
AGM 2024 - Record FY24 revenue, first full-year profit, and global expansion drive strong performance.PNV
H2 2024 - Record sales, strong cash flow, and global expansion drive continued growth.PNV
Investor Update - Revenue up 22.8% and net profit up 23.9% in 1H25, with strong global sales and new launches.PNV
H1 2025
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