Anteris Technologies Global Corp. AVR

Healthcare SIC 3842 - Orthopedic, Prosthetic & Surgical Appliances & Supplies Nasdaq

Anteris is a structural heart company dedicated to revolutionizing cardiac care by pioneering science-driven and measurable advancements to restore heart valve patients to healthy function. Our lead product, the DurAVR® THV System, was designed in collaboration with the world's leading interventional cardiologists and cardiac surgeons to treat aortic stenosis — a potentially life-threatening condition resulting from a narrowing of the aortic valve. The balloon-expandable DurAVR® THV is the first biomimetic valve, which is shaped to mimic the performance of a healthy human aortic valve and aims to replicate normal aortic blood flow. Our DurAVR® THV System consists of a single-piece, biomimetic valve made with our proprietary ADAPT® tissue-enhancing technology and deployed with our balloon expandable ComASUR® Delivery System. ADAPT® is our proprietary anti-calcification tissue shaping technology that is designed to reengineer xenograft tissue into a pure, single-piece collagen bioscaffold. Our patented ADAPT® tissue has been clinically demonstrated to be calcium free for up to 10 years post-procedure, according to Performance of the ADAPT-Treated CardioCel® Scaffold in Pediatric Patients With Congenital Cardiac Anomalies: Medium to Long-Term Outcomes, published by William Neethling et. al., and has been distributed for use in over 55,000 patients globally in other indications. Our balloon expandable ComASUR® Delivery System, which was developed in consultation with physicians, is designed to provide precise alignment with the heart's native commissures to achieve accurate placement of the DurAVR® THV. As of December 2025, more than 130 patients have been implanted with the DurAVR® THV worldwide.

Last close 9.04 2026-09-04
Market cap $881.0M 2026-06-30 share count
52-week range 3.30 - 11.05

Valuation FY2025 figures against the last close

P/S460.5x
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-2.55

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023
Revenue $1.9M$2.7M
Cost of revenue $569.0K$1.4M
Gross profit $1.3M$1.3M
R&D $69.1M$51.5M
SG&A $26.1M$28.2M
Operating income -$93.9M-$78.4M
Pre-tax income -$94.2M-$76.0M
Income tax $0$0
Net income -$94.1M-$76.3M
EPS, basic -2.55-3.68
EPS, diluted -2.55-3.68
Shares, diluted (wtd. avg.) $36.9M$20.3M

Balance sheet

Fiscal year FY2025FY2024FY2023
Cash and equivalents $12.6M$70.5M$21.1M
Receivables $32.0K$208.0K
Inventory $152.0K$513.0K
Total current assets $15.7M$74.7M
Property, plant and equipment $5.3M$4.8M
Other intangibles $65.0K$189.0K
Total assets $23.0M$80.7M
Accounts payable $11.1M$5.9M
Total current liabilities $21.4M$16.6M
Total liabilities $23.2M$18.0M
Retained earnings -$370.5M-$276.4M
Total equity -$93.0K$62.8M$18.9M

Cash flow

Fiscal year FY2025FY2024FY2023
Operating cash flow -$77.8M-$61.2M
Depreciation and amortisation $1.7M$1.5M
Stock-based compensation $7.8M$6.5M
Capital expenditure $2.0M$2.3M
Investing cash flow -$596.0K-$2.3M
Financing cash flow $20.6M$112.8M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-006977.

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