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PNV

Polynovo

Health Care Equipment & Services

PolyNovo specializes in developing and commercializing advanced medical devices using its proprietary NovoSorb technology. The company focuses on treating burns, surgical wounds, and providing solutions for Negative Pressure Wound Therapy, positioning itself as a leader in innovative healthcare solutions.

Short position

short percentage7.06%
reported shorts48.7M
shares on issue690.843M

Polynovo (ASX:PNV) has 7.06% of its shares on issue reported as short positions as of 5 Oct 2026, or about 48,746,700 shares. Over the past 30 days that figure has fallen 0.90 percentage points, and over 90 days it has fallen 1.54 percentage points. Its highest recorded short interest was 14.61% in May 2026. PNV is classified in the Health Care Equipment & Services industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Polynovo (PNV) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$143.7Mvs $127.2M (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
$7.3Mvs $13.2M (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
$0.011vs $0.019 (FY25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+12.9%FY
EPS YoY
−44.4%FY

Key ratios

Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026

Gross margin
89.4%
Operating margin
7.3%
Net margin
5.1%
FCF margin
6.5%
ROE
8.4%
ROA
5.7%
FCF conversion
1.27×
Net cash (excl. leases)
$31.8M
Net debt / EBITDA
−3.0×
Current ratio
3.0×
Interest cover
42.5×
Cash dividends paid / net profit
n/a
Market cap
$645.9M
P/E
89.0×
P/B
7.1×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

PNV income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$143.7M$127.2M$103.2M$65.2M
Gross profit$128.5M$122.0M$97.7M$60.8M
Operating income$10.5M$4.5M$1.2M−$6.2M
EBITDA$10.8M$10.5M$4.0M−$2.7M
EBIT$8.1M$7.8M$1.9M−$4.7M
Interest expense$246.0K$236.0K$141.0K$186.1K
Pretax income$7.8M$7.5M$1.7M−$4.9M
Tax$477.0K−$5.7M−$3.5M−$8.6K
NPAT$7.3M$13.2M$5.3M−$4.9M
Net interest income−$786.0K−$395.0K$814.0K$155.5K
EPS basic$0.011$0.019$0.008−$0.007
EPS diluted$0.011$0.019$0.007−$0.007
Shares690.8M690.8M690.2M690.2M