Avita Medical, Inc. balance sheet
At the end of fiscal 2025, Avita Medical, Inc. had total assets of $56.4m, total liabilities of $73.0m and shareholders' equity of −$16.6m. It held $10.2m in cash against $43.0m of debt: net debt of $32.7m.
Balance sheet
| Fiscal year | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | 18 | 22 | 14 | 10 | 9 |
| Receivables | — | 1 | 2 | 3 | 4 | 8 | 12 | 9 | 10 |
| Inventory | — | 1 | 1 | 2 | 2 | 6 | 7 | 7 | 5 |
| Total current assets | — | 24 | 78 | 121 | 87 | 104 | 57 | 35 | 28 |
| Total assets | — | 26 | 82 | 126 | 98 | 112 | 80 | 56 | 48 |
| Deferred revenue (current) | — | — | — | — | — | 0 | — | — | — |
| Total current liabilities | — | 4 | 8 | 7 | 11 | 13 | 20 | 63 | 69 |
| Short-term debt | — | — | — | — | — | — | 0 | 43 | 47 |
| Long-term debt | — | — | — | — | — | 40 | 42 | 0 | — |
| Total debt | 0 | 0 | 0 | 0 | 0 | 40 | 42 | 43 | 47 |
| Total liabilities | — | 5 | 10 | 10 | 13 | 62 | 75 | 73 | 76 |
| Shareholders' equity | 14 | 21 | 72 | 116 | 85 | 49 | 4 | −17 | −28 |
| Net debt (negative = net cash) | — | — | — | — | −18 | 18 | 28 | 33 | 38 |
| Shares outstanding | — | 19m | 21m | 25m | 25m | 26m | 26m | 31m | 31m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 10 | 12 | 9 | 11 | 9 | 9 | 10 | 10 |
| Inventory | 6 | 7 | 8 | 8 | 7 | 7 | 6 | 5 |
| Total current assets | 64 | 57 | 48 | 36 | 41 | 35 | 32 | 28 |
| Total assets | 81 | 80 | 70 | 58 | 64 | 56 | 52 | 48 |
| Total current liabilities | 17 | 20 | 23 | 63 | 62 | 63 | 67 | 69 |
| Short-term debt | — | 0 | — | — | 42 | 43 | 46 | 47 |
| Long-term debt | 43 | 42 | 41 | 42 | 0 | 0 | — | — |
| Total debt | 43 | 42 | 41 | 42 | 42 | 43 | 46 | 47 |
| Total liabilities | 69 | 75 | 74 | 71 | 70 | 73 | 75 | 76 |
| Shareholders' equity | 12 | 4 | −5 | −13 | −7 | −17 | −23 | −28 |
| Shares outstanding | 26m | 26m | 26m | 27m | 30m | 31m | 31m | 31m |
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