What’s up with Nanosonics’ (ASX:NAN) shares today?

2 min read | December 13, 2022 11:08 AM AEDT | By Tamnna

What’s up with Nanosonics’ (ASX:NAN) shares today? — Image source: © Rawpixelimages | Megapixl.com

How have Nanosonics’ shares performed in a year?

With today’s decline, the share price of Nanosonics has plunged 7.11% in the last five trading sessions and 1,24% in a month. However, over the six-month period, Nanosonics’ shares have seen a huge jump of 41.59%. Additionally, Nanosonics’ shares have dropped 31.96% on a year-to-date (YTD) basis and 28.51% over the course of a year.

What else has happened at Nanosonics?

Last month on 18 November, the company published its annual general meeting (AGM) 2022 results on the ASX. According to the ASX filing:

Nanosonics installed 29,850 bases during FY22, up 12% from FY21. The number of installed bases increased by 20% in H2 FY22 from H1 FY22.
The company’s total revenue for FY22 was AU$120.3 million, up 17% from FY21. The total revenue in the second half of FY22 was 2% lower than in H1 FY22.
The capital revenue generated by Nanosonics for FY22 was AU$37.7 million, up 41% from FY21 and down 2% in H2 FY22 than in H1 FY21.
Nanosonics’ consumables and service revenue of AU$82.6 million was 8% higher in FY22 than in FY21; however, it was 1% lower in H2 FY22 than in the first half of FY22.
During AGM 2022, Nanosonics also shared the results of its Q1 FY23, according to which the company made revenue of AU$52.6 million. This was 42% higher than revenue in Q1 FY22 (36% in constant currency).
The company’s capital revenue during the first quarter of FY23 improved by 63% from the previous corresponding period.
The consumables and services revenue increased by 35% in Q1 FY23 from Q1 FY22.
The total number of installed bases reached 30,665 in the first four months of FY23.

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