LENSAR (LNSR) H.C. Wainwright 26th Annual Global Investment Conference 2024 summary

Market opportunity and technology leadership

• Estimated 32 million cataract procedures in 2024, but only 1 million use laser-assisted methods.

• ALLY system combines advanced imaging and dual-pulse laser for single-step, sterile procedures.

• ALLY is the first to use AI with iris registration for astigmatism correction.

• 80 ALLY systems placed as of June 30, 2024, with 17 more pending installation.

• Regulatory approvals and first shipments completed in the EU and Southeast Asia.

Efficiency, workflow, and clinical outcomes

• ALLY offers the fastest laser-assisted cataract procedure, saving significant time for surgeons and staff.

• Smallest footprint, wireless integration, and enhanced workflow reduce staff interactions and errors.

• AI-driven astigmatism management eliminates manual data entry and improves outcomes.

• Proprietary imaging ensures precise lens positioning and faster visual recovery.

• Superior outcomes: 98% of patients within half a diopter of target, over 95% for arcuate incisions.

Financial impact and business value

• ALLY drives $400,000–$500,000 in annual cost savings for ASCs and up to $500,000 in additional revenue per surgeon.

• Saves 90–120 minutes per surgery day, enabling more procedures and higher profitability.

• ALLY users saw a fivefold increase in conversion rates and $750,000 in added revenue over eight months.

• 44.3% gain in U.S. procedure market share since ALLY's launch.

• 16% increase in U.S. and 19% worldwide procedure volume in Q2 2022 vs. 2023.