View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNuheara 과거 순이익 실적과거 기준 점검 0/6Nuheara 의 수입은 연평균 -11.8%의 비율로 감소해 온 반면, Tech 산업은 연평균 7%의 비율로 증가했습니다. 매출은 연평균 4.3%의 비율로 증가해 왔습니다.핵심 정보-11.79%순이익 성장률13.02%주당순이익(EPS) 성장률Tech 산업 성장률11.81%매출 성장률4.34%자기자본이익률-246.93%순이익률-653.33%최근 순이익 업데이트30 Jun 2023최근 과거 실적 업데이트Reported Earnings • Oct 03Full year 2023 earnings released: AU$0.084 loss per share (vs AU$0.16 loss in FY 2022)Full year 2023 results: AU$0.084 loss per share (improved from AU$0.16 loss in FY 2022). Revenue: AU$1.93m (down 50% from FY 2022). Net loss: AU$12.6m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 09First half 2023 earnings released: AU$0.048 loss per share (vs AU$0.065 loss in 1H 2022)First half 2023 results: AU$0.048 loss per share. Revenue: AU$765.6k (down 74% from 1H 2022). Net loss: AU$6.46m (loss widened 7.5% from 1H 2022).공시 • Oct 27Nuheara Limited to Report Q1, 2023 Results on Oct 31, 2022Nuheara Limited announced that they will report Q1, 2023 results on Oct 31, 2022Reported Earnings • Oct 07Full year 2022 earnings released: AU$0.16 loss per share (vs AU$0.10 loss in FY 2021)Full year 2022 results: AU$0.16 loss per share (further deteriorated from AU$0.10 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.3m (loss widened 82% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 02Full year 2022 earnings released: AU$0.15 loss per share (vs AU$0.093 loss in FY 2021)Full year 2022 results: AU$0.15 loss per share (down from AU$0.093 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.1m (loss widened 96% from FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Jan 28Nuheara Limited to Report Q2, 2022 Results on Jan 31, 2022Nuheara Limited announced that they will report Q2, 2022 results on Jan 31, 2022모든 업데이트 보기Recent updates공시 • Apr 10Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 1.850332 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 1.850332 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 30,838,873 Price\Range: AUD 0.06 Security Features: Attached Options Transaction Features: Subsequent Direct Listing공시 • Nov 22Nuheara Limited Announces the Retirement of David Cannington as Non-Executive DirectorNuheara Limited announced that Non-executive Director and co-founder Mr. David Cannington has announced his decision to retire from the Nuheara Board of Directors. As a co-founder of the company and having previously stepped down from executive duties in March 2022, David now concludes his service on the Board.공시 • Nov 09Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.929624 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.929624 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,846,154 Price\Range: AUD 0.13 Discount Per Security: AUD 0.0039 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,458,649 Price\Range: AUD 0.13 Discount Per Security: AUD 0.0039 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,923,077 Price\Range: AUD 0.13 Discount Per Security: AUD 0.0039 Transaction Features: Rights OfferingNew Risk • Oct 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 62% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$10m free cash flow). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$1.9m revenue, or US$1.2m). Market cap is less than US$100m (AU$30.1m market cap, or US$19.0m).분석 기사 • Oct 09Does Nuheara (ASX:NUH) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Oct 03Full year 2023 earnings released: AU$0.084 loss per share (vs AU$0.16 loss in FY 2022)Full year 2023 results: AU$0.084 loss per share (improved from AU$0.16 loss in FY 2022). Revenue: AU$1.93m (down 50% from FY 2022). Net loss: AU$12.6m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.공시 • Sep 15Nuheara Limited, Annual General Meeting, Nov 22, 2023Nuheara Limited, Annual General Meeting, Nov 22, 2023, at 09:00 W. Australia Standard Time. Location: Anzac Club, 28 St Georges Terrace, Perth WA AustraliaNew Risk • Aug 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$10m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$10m free cash flow). Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$1.9m revenue, or US$1.2m). Market cap is less than US$100m (AU$34.6m market cap, or US$22.4m).공시 • Jul 18Nuheara Limited Announces Appointment of Catherine Morgan as Head of Compliance, Regulatory and LegalNuheara Limited announced the key Executive appointment of Catherine Morgan as the Head of Compliance, Regulatory and Legal. This appointment completes Nuheara's global restructure announced 28 April 2023 and cements the Company's transformation over the past two years into a medical device manufacturer of world-first US FDA- cleared Over The Counter (OTC) Hearing Aids. Catherine joins the Nuheara C-suite with over +20 years of experience in the hearing industry, bringing a deep understanding of the hearing healthcare, medical device industry, global regulatory requirements, and quality standards. In this new role Catherine will be responsible for driving regulatory strategies, ensuring adherence to global regulations and standards, and driving continuous improvement initiatives within quality management systems. They will collaborate closely with cross-functional teams to streamline regulatory submissions, enhance product quality, and foster a culture of continuous improvement in all aspects of regulatory and quality operations. Prior to joining Nuheara, Catherine held senior leadership positions at the National Acoustic Laboratories and more than 14 years with Cochlear Ltd. Catherine has a proven track record of successfully navigating complex regulatory landscapes and implementing strong clinical quality management processes and while fostering a culture of regulatory compliance and quality excellence within the hearing market.New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Market cap is less than US$100m (AU$34.5m market cap, or US$23.7m).공시 • Jun 07Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 4.4 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 4.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 24,275,862 Price\Range: AUD 0.145 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,068,966 Price\Range: AUD 0.145 Transaction Features: Subsequent Direct ListingReported Earnings • Mar 09First half 2023 earnings released: AU$0.048 loss per share (vs AU$0.065 loss in 1H 2022)First half 2023 results: AU$0.048 loss per share. Revenue: AU$765.6k (down 74% from 1H 2022). Net loss: AU$6.46m (loss widened 7.5% from 1H 2022).Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Chery Edwardes was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Jan 04Nuheara Announces Commercial Availability of HP Hearing PRO OTC Hearing AidNuheara announced the commercial availability of its HP Hearing PRO. Consumers can now pre-order the HP Hearing PRO self-fitting, air-conduction, OTC hearing soon be able to purchase the product from any retailer carrying the product including Best Buy and Crutchfield. Nuheara's HP Hearing PRO is the first product cleared through the FDA's 510(k) process for both 874.3325 self-fitting and the 800.30 OTC hearing aid classifications under a new product classification code "QUH". HP Hearing PRO is the first FDA cleared self-fitting OTC hearing aid with Hybrid Active Noise Cancellation. The innovative Ear ID(TM) software-in-medical-device and earbud form factor sets the HP Hearing PRO apart from other devices on the market . The HP Hearing PRO self-fitting OTC hearing aids look nothing like a traditional hearing aid. The HP Hearing PRO self- fitting OTC hearing aid brings together superb medical-grade hearing aid technology with the highly desired features of wireless earbuds into a multifunctional device. Users can enjoy clinically-proven natural sound quality. The HP Hearing PRO provides a lifestyle-friendly hearing aid experience with support for situational use and clinically-proven 30% improved hearing using the Focus directionality feature, adjusted to the user's preferences with a tap of the HP Hearing app. Orders can now be placed from retailers and ecommerce partners throughout the US. The recommended retail price for a pair of HP Hearing PRO hearing aids along with an on-the-go charging case is USD 699.00. Product is expected to ship to customers before the end of calendar Quarter 1, 2023. Built to medical-device standards and meeting all FDA requirements for safety and efficacy, the HP Hearing PRO features Ear ID(TM) self-fitting software and technology powered by Nuheara. The HP Hearing PRO self-fitting OTC hearing aid has been clinically proven to be substantially equivalent to a professionally fit hearing aid. The proprietary Ear ID software tests the wearer's individual hearing thresholds from low frequency to high frequency in each ear, then automatically programs the HP Hearing PRO hearing aids for each ear. This ability for the consumer to self-fit through the HP Hearing application, for iOS and Android platform mobile devices, allows a quick and easy acclimation experience for the consumer. The entire experience takes about 10-15 minutes from unboxing through customization of the user's personalized profile to accommodate their perceived mild-to-moderate hearing loss. In addition to the HP Hearing PRO's capabilities as an OTC hearing aid, this innovative product streams media and phone calls via Bluetooth(R). The Active Noise Cancellation minimizes background noise for an immersive sound experience during phone calls or when streaming music. Additional features include: Hearing app for iOS and Android; Rechargeable built-in Li-ion batteries; Medical-grade USB-C charge case; Battery life is up to 8 hours hearing aid processing per full charge per hearing aid; Clinically-proven natural sound quality. Most importantly, the HP Hearing PRO has been clinically validated through research cometed by the National Acoustic c Laboratories to provide a 30% speech understanding improvement in the presence of noise using the directional microphone feature called Focus. This is a huge benefit for consumers in restaurants or social situations where background noise makes understanding speech difficult. Now, at the touch of the HP Hearing app, a wearer can switch the directional microphone settings to Focus on sounds towards their front, quickly allowing for immediate improvement in speech understanding.공시 • Dec 30Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.025401 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.025401 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,807,781 Price\Range: AUD 0.18 Discount Per Security: AUD 0.0108 Transaction Features: Subsequent Direct Listing공시 • Oct 31Nuheara Limited Receives US FDA Approval and Launches HP Hearing PRONuheara Limited announce a major milestone, receiving US Food and Drug Administration (FDA) clearance for its Self-Fitting OTC Hearing Aid. Nuheara's HP Hearing PRO has been cleared by the FDA for both 874.3325 self- fitting and the 800.30 OTC hearing aid classifications under a new product classification code "QUH". Following the landmark law establishing a regulatory category for over-the-counter (OTC) Hearing Aids in the United States (enacted on 17 October 2022) Nuheara plans to bring to market its first medical device as the HP Hearing PRO under its worldwide Trademark License Agreement for use of HP trademarks on Nuheara's hearing aids, personal sound amplification devices and accessories. ASX Announcement The HP Hearing PRO self-fitting OTC hearing aid brings superb medical grade hearing aid technology combined with highly desired features of wireless ear buds into a multifunctional device that will be sold in the US online and in retail stores, including Best Buy, Crutchfield, Amazon.com, and www.HPHearingPRO.com. Initial orders have been placed from retailers and ecommerce partners for availability throughout the US. The Release Date: 31 OCTOBER 2022 recommended retail price for a pair of HP Hearing PRO hearing aids along with a charge case for on-the-go charging is USD 699.00. The OTC hearing aid rule enactment in the US allows hearing aids within the OTC category, for perceived mild to moderate hearing loss, to be sold directly to consumers in retail stores or online. Access to hearing solutions in retail is something that Nuheara has been developing with its hearable products sales over the past 5 years. As such, the business is well placed to take immediate and significant advantage of the regulation changes.공시 • Oct 27Nuheara Limited to Report Q1, 2023 Results on Oct 31, 2022Nuheara Limited announced that they will report Q1, 2023 results on Oct 31, 2022공시 • Oct 21+ 1 more updateNuheara Limited Announces the Resignation of Jean-Marie Rudd as CFONuheara Limited announced that Jean-Marie Rudd has exited from her role as CFO, effective immediately. The company will shortly commence a search process for a new CFO to support the Company through its next growth phase.Reported Earnings • Oct 07Full year 2022 earnings released: AU$0.16 loss per share (vs AU$0.10 loss in FY 2021)Full year 2022 results: AU$0.16 loss per share (further deteriorated from AU$0.10 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.3m (loss widened 82% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.공시 • Oct 06Nuheara Limited, Annual General Meeting, Nov 29, 2022Nuheara Limited, Annual General Meeting, Nov 29, 2022, at 09:00 W. Australia Standard Time. Location: head office, 190 Aberdeen Street, Northbridge, Western Australia. Northbridge Western Australia AustraliaReported Earnings • Sep 02Full year 2022 earnings released: AU$0.15 loss per share (vs AU$0.093 loss in FY 2021)Full year 2022 results: AU$0.15 loss per share (down from AU$0.093 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.1m (loss widened 96% from FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Aug 19Nuheara Limited Welcomes US Food and Drug Administration's Final Ruling, Establishing A Regulatory Category for Over-The-Counter (Otc) Hearing Aids in the United StatesNuheara Limited welcomed the US Food and Drug Administration's final ruling, establishing a regulatory category for over-the-counter (OTC) Hearing Aids in the United States. In a world first, and most significantly for Nuheara, the ruling allows hearing aids within the OTC category to be sold directly to consumers in stores or online without a medical exam or fitting by an audiologist. There is now a 60-day enactment period until the commencement of OTC hearing aid consumer retail sales are allowed, anticipated for mid-October 2022. The US FDA received over 1,000 public comment submissions on the proposed rule change. The majority of submissions reflected that American people and healthcare professionals agreed on the significant positive impact that OTC hearing aids could have. The public comments also revealed, as expected, that the dominant hearing aid manufacturers strongly opposed the proposed rule, including using industry-funded "astroturf" campaigns intended to distort public opinion. Despite the incumbent hearing aid manufacturers' efforts to jeopardise such an important ruling, the FDA formally ruled in favourof the OTC category for hearing aids. This historical rule change will forever upend the hearing aid industry and unlock historical barriers to entry for the estimated 38 million Americans who experience some hearing loss. Currently in the US, hearing aids are sold at an average cost of USD 4,726 per pair and can be as much as USD 10,000 or more per pair through licensed audiologist and licensed hearing aid retailers. Now, with the ability for those with perceived mild to moderate hearing loss to purchase OTC, this cost could come down lower than USD 1,000 per pair of hearing aids.분석 기사 • Jul 30Here's Why Nuheara (ASX:NUH) Must Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...공시 • May 09Nuheara Limited Announces Executive ChangesNuheara Limited announced that the appointment of John R. Luna as its US based Chief Executive Officer; Co-founder and former CEO, Justin Miller, remaining as the company's Managing Director. John R. Luna joined Nuheara in May 2021 was and previously served as the Chief Revenue Officer and President Americas. John has a proven track record of successfully leading companies and commercializing medical devices over a 30-year career. In the medical device and hearing aid industry, John served previously as CEO and COO of iHear Medical Inc., Chief Business Development Officer of Eargo, and President and COO of Bernafon (Demant).공시 • Apr 28Nuheara Limited has filed an IPO in the amount of AUD 5 million.Nuheara Limited has filed an IPO in the amount of AUD 5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 45,454,545 Price\Range: AUD 0.11분석 기사 • Apr 13Here's Why Nuheara (ASX:NUH) Must Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although...공시 • Apr 12Nuheara Submits 510(k) for U.S. FDA ClearanceNuheara Limited has taken the final step in its plans to secure US Food and Drug Administration (FDA) clearance for its self-fitting hearing aid by providing its 510(k) submission to the FDA. This follows completion of Nuheara's successful clinical trial by National Acoustic Laboratories (NAL) in January 2022. The trial successfully validated the effectiveness of the Nuheara self-fitted hearing aids compared to unaided listening across a range of settings and situations. The Nuheara hearing aids are designed to be self-fitted by the user, with a software application interface for both iOS and Android smartphones, intended for direct-to-consumer sale and use without the assistance of a hearing care professional. They are intended for individuals 18 years of age or older with perceived mild to moderate hearing loss, which makes up 85% of the US market. The FDA submission for clearance is the final step of Nuheara's expansion plans into the regulatory approved medical device market, which also aligns with the much-awaited U.S. Over-The-Counter Hearing Aid final rule publication in the Federal Register by the FDA expected for northern hemisphere mid-summer 2022.공시 • Feb 16Nuheara Announces Executive ChangesNuheara announced the retirement of Co-founder, David Cannington as Chief Marketing Officer. Mr. Cannington will continue supporting Nuheara as a Non-executive Director. The Board thanks Mr. Cannington for his tireless efforts in helping build the business to this stage and look forward to his continued contribution as a member of the Company's Board. Promotion of Seattle-based John Luna to President Americas alongside his existing role of Chief Revenue Officer, effective immediately. Appointment of Tony Sulsona as VP Sales and Marketing, based in the US and effective immediately. Tony has 30 years' experience building medical and consumer product companies in the US.공시 • Feb 01Nuheara Limited Announces Successful Clinical Trial Self-Fitted Hearing AidsNuheara Limited announced that is has successfully concluded its hearing aid clinical trial with the final report received from National Acoustic Laboratories. The clinical trial completes a very complex and important milestone for Nuheara on its pathway to an FDA 510(K) submission and pending entrance into the regulated U.S. hearing aid market segment with world leading hearing aid products. The clinical trial was conducted in Australia using Audiology best practices on participants with normal hearing and those with mild and moderate hearing loss by professional clinical Audiologists and clinical researchers at NAL. The trial successfully validated the hearing benefit of the Nuheara self-fitted hearing aids compared to unaided listening with benefits including Improved speech understanding in noise; Improved ability to follow conversations; Ability to reduce background noise levels; Overall hearing improvement when listening in everyday conversations. In relation to the unaided listening condition, the study data provided evidence of the superiority of Nuheara hearing aids with FOCUS enabled over unaided listening, and of substantial effectiveness of the Ear IDTM self- fitted hearing aid devices in the overall experience of listeners. Furthermore, clinical assessment showed improvement in speech understanding by 30% in noise when the Nuheara hearing aids FOCUS feature was enabled. This outcome is consistent with other studies showing advantages in speech understanding in noise with conventional directional microphones in hearing aids ranging from 25% to 30% improvement, depending on the familiarity to the speech, physical fitting, and design of the hearing aids. The effectiveness data of the Nuheara Ear IDTM self-fitting method was also validated, as Software in a Medical Device (SiMD), through clinical and real-world data demonstrating positive outcomes as compared to the expected NAL-NL2 clinical targets that would be performed by an audiologist fit hearing aid in a clinic.공시 • Jan 28Nuheara Limited to Report Q2, 2022 Results on Jan 31, 2022Nuheara Limited announced that they will report Q2, 2022 results on Jan 31, 2022공시 • Jan 06Nuheara Clinical Trial and FDA 510(K) Pathway UpdateNuheara Limited provided an update on its clinical trial and pathway to FDA 510(K) submission¹ for the Company's pending entrance into the U.S. hearing aid market, in line with its expansion plans into global medical devices. The Nuheara sponsored clinical trial, conducted by National Acoustics Laboratory (NAL), has been completed with all participants data now collected. NAL is expected to publish the final clinical trial report by the end of January 2022. This is an important milestone on the path to US FDA 510(K) submission and regulatory clearance.분석 기사 • Dec 24We Think Nuheara (ASX:NUH) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...공시 • Nov 25Nuheara Limited Provides Update on Clinical Trial and Pathway to FDA 510(K) ApprovalNuheara Limited provided an update on its clinical trial and pathway to FDA 510(K) approval for the Company's clinically tested and regulatory approved hearing aids, in line with its expansion plans into medical devices. Recruitment of candidates for the clinical trial being conducted by National Acoustics Laboratory has now been completed. This is an important milestone on the path to regulatory approval. Of further significance, more than 50% of candidates have now commenced the trial, with the remaining candidates expected to commence within the next week. Nuheara has also engaged NAMSA, the world's only 100% medical device-focused contract research organisation, and a U.S. FDA ASCA-accredited medical device biocompatibility laboratory, to conduct Cytotoxicity, Irritation and Sensitisation testing. The testing was conducted in accordance with ISO standards, to demonstrate biocompatibility of Nuheara's proposed hearing aid devices. In accordance with these standards, the following excellent results were recorded: Cytotoxicity testing was found to meet requirements. Irritation testing outcomes resulted in a Primary Irritation Index of zero. Sensitisation testing showed no evidence of contact sensitisation.분석 기사 • Aug 25Is Nuheara (ASX:NUH) In A Good Position To Deliver On Growth Plans?We can readily understand why investors are attracted to unprofitable companies. For example, although...Reported Earnings • Aug 18Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.011 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$10.7m (up AU$9.00m from FY 2020). Net loss: AU$7.20m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.공시 • Mar 10Nuheara Limited Receives U.S. FDA Registration and Hearing Aid Device ListingNuheara Limited announced that the company has received U.S. Food and Drug Administration establishment registration for a medical device listing of a new hearing aid, IQbuds² PRO. The PRO, alongside IQbuds MAX, will be second product to be derived from the recently developed IQbuds² hardware platform. With software developments currently in train, the PRO has been designed to provide deeper levels of hearing technology sophistication, while delivering higher levels of hearing enhancement and amplification. The PRO is expected to be launched in the US later in the calendar year. The PRO has received FDA classification as a "HEARING AID, AIR CONDUCTION WITH WIRELESS TECHNOLOGY", Device Class 2 510(k) exempt with an OSM product code. As with all hearing aids classified with the OSM product code, the FDA has classified the PRO as 510(k) exempt. This means the PRO can be sold in the U.S. without the need to conduct clinical trials or submit a 510(k) application. The company’s multi-product strategy has been planned to maximise the company's global sales opportunities by offering multiple products that support varying degrees of hearing loss. MAX will continue to meet the needs of those with mild hearing challenges. The PRO is designed to support adults with higher (moderate) levels of hearing loss and will extend Nuheara's Direct-to-Consumer strategy to the global USD 9billion per annum (North America USD 3.37 billion) hearing aid market.Reported Earnings • Feb 24First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.006 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$6.91m (up 406% from 1H 2020). Net loss: AU$842.2k (loss narrowed 85% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.분석 기사 • Jan 14What Can We Make Of Nuheara's (ASX:NUH) CEO Compensation?Justin Miller is the CEO of Nuheara Limited ( ASX:NUH ), and in this article, we analyze the executive's compensation...공시 • Jan 08Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 11.5 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 11.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 287,500,000 Price\Range: AUD 0.04 Discount Per Security: AUD 0.0024 Transaction Features: Subsequent Direct Listing공시 • Dec 30+ 1 more updateNuheara Limited announced that it expects to receive AUD 11.5 million in fundingNuheara Limited (ASX:NUH) announced a private placement of 287,500,000 common shares at a price of AUD 0.04 per share for a gross proceeds of AUD 11,500,000 on December 29, 2020. The transaction price of $0.04 represents a 9% discount to the last closing price on 23 December 2021 of $0.044 and an 17% discount to the 15-day VWAP of $0.0483 per Share.공시 • Nov 27Nuheara Limited Appoints Warwick Sauer as DirectorNuheara Limited appoints Warwick Sauer as director at its AGM held on 27 November 2020.분석 기사 • Nov 22Is Nuheara (ASX:NUH) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Oct 13Nuheara Receives $2 Million Phase II Works with HP IncNuheara Limited announced a phase II extension of the collaboration agreement with HP Inc. On successfully completing a Proof of Concept (POC), Nuheara has now been awarded a $2 million (USD 1.48 million) Phase II Purchase Order (PO) for works associated with the development and engineering of an ear bud variant specific to HP's confidential use case. Phase I was previously awarded for accompanying software services.공시 • Aug 29Nuheara Limited announced that it has received fundingNuheara Limited (ASX:NUH) announced a private placement of 1,000,000 shares on August 21, 2020.매출 및 비용 세부 내역Nuheara가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ASX:NUH 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비30 Jun 232-137431 Mar 232-138531 Dec 222-148630 Sep 223-1410630 Jun 224-1511631 Mar 225-1511731 Dec 217-1411730 Sep 219-1111730 Jun 2111-810631 Mar 219-711331 Dec 207-711230 Sep 205-911330 Jun 202-1211331 Mar 202-1211331 Dec 192-1211330 Sep 192-1111230 Jun 192-1011231 Mar 193-911131 Dec 183-710030 Sep 184-79030 Jun 184-79031 Mar 184-78031 Dec 174-77130 Sep 173-66030 Jun 172-54031 Dec 160-82130 Sep 160-82130 Jun 160-711양질의 수익: NUH 은(는) 현재 수익성이 없습니다.이익 마진 증가: NUH는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: NUH은 수익성이 없으며 지난 5년 동안 손실이 연평균 11.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 NUH의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: NUH은 수익성이 없어 지난 해 수익 성장률을 Tech 업계(12.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: NUH는 현재 수익성이 없으므로 자본 수익률이 음수(-246.93%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/05/26 01:14종가2024/02/27 00:00수익2023/06/30연간 수익2023/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nuheara Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Oct 03Full year 2023 earnings released: AU$0.084 loss per share (vs AU$0.16 loss in FY 2022)Full year 2023 results: AU$0.084 loss per share (improved from AU$0.16 loss in FY 2022). Revenue: AU$1.93m (down 50% from FY 2022). Net loss: AU$12.6m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 09First half 2023 earnings released: AU$0.048 loss per share (vs AU$0.065 loss in 1H 2022)First half 2023 results: AU$0.048 loss per share. Revenue: AU$765.6k (down 74% from 1H 2022). Net loss: AU$6.46m (loss widened 7.5% from 1H 2022).
공시 • Oct 27Nuheara Limited to Report Q1, 2023 Results on Oct 31, 2022Nuheara Limited announced that they will report Q1, 2023 results on Oct 31, 2022
Reported Earnings • Oct 07Full year 2022 earnings released: AU$0.16 loss per share (vs AU$0.10 loss in FY 2021)Full year 2022 results: AU$0.16 loss per share (further deteriorated from AU$0.10 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.3m (loss widened 82% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 02Full year 2022 earnings released: AU$0.15 loss per share (vs AU$0.093 loss in FY 2021)Full year 2022 results: AU$0.15 loss per share (down from AU$0.093 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.1m (loss widened 96% from FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Jan 28Nuheara Limited to Report Q2, 2022 Results on Jan 31, 2022Nuheara Limited announced that they will report Q2, 2022 results on Jan 31, 2022
공시 • Apr 10Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 1.850332 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 1.850332 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 30,838,873 Price\Range: AUD 0.06 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
공시 • Nov 22Nuheara Limited Announces the Retirement of David Cannington as Non-Executive DirectorNuheara Limited announced that Non-executive Director and co-founder Mr. David Cannington has announced his decision to retire from the Nuheara Board of Directors. As a co-founder of the company and having previously stepped down from executive duties in March 2022, David now concludes his service on the Board.
공시 • Nov 09Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.929624 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.929624 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,846,154 Price\Range: AUD 0.13 Discount Per Security: AUD 0.0039 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,458,649 Price\Range: AUD 0.13 Discount Per Security: AUD 0.0039 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,923,077 Price\Range: AUD 0.13 Discount Per Security: AUD 0.0039 Transaction Features: Rights Offering
New Risk • Oct 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 62% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$10m free cash flow). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$1.9m revenue, or US$1.2m). Market cap is less than US$100m (AU$30.1m market cap, or US$19.0m).
분석 기사 • Oct 09Does Nuheara (ASX:NUH) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Oct 03Full year 2023 earnings released: AU$0.084 loss per share (vs AU$0.16 loss in FY 2022)Full year 2023 results: AU$0.084 loss per share (improved from AU$0.16 loss in FY 2022). Revenue: AU$1.93m (down 50% from FY 2022). Net loss: AU$12.6m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
공시 • Sep 15Nuheara Limited, Annual General Meeting, Nov 22, 2023Nuheara Limited, Annual General Meeting, Nov 22, 2023, at 09:00 W. Australia Standard Time. Location: Anzac Club, 28 St Georges Terrace, Perth WA Australia
New Risk • Aug 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$10m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$10m free cash flow). Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$1.9m revenue, or US$1.2m). Market cap is less than US$100m (AU$34.6m market cap, or US$22.4m).
공시 • Jul 18Nuheara Limited Announces Appointment of Catherine Morgan as Head of Compliance, Regulatory and LegalNuheara Limited announced the key Executive appointment of Catherine Morgan as the Head of Compliance, Regulatory and Legal. This appointment completes Nuheara's global restructure announced 28 April 2023 and cements the Company's transformation over the past two years into a medical device manufacturer of world-first US FDA- cleared Over The Counter (OTC) Hearing Aids. Catherine joins the Nuheara C-suite with over +20 years of experience in the hearing industry, bringing a deep understanding of the hearing healthcare, medical device industry, global regulatory requirements, and quality standards. In this new role Catherine will be responsible for driving regulatory strategies, ensuring adherence to global regulations and standards, and driving continuous improvement initiatives within quality management systems. They will collaborate closely with cross-functional teams to streamline regulatory submissions, enhance product quality, and foster a culture of continuous improvement in all aspects of regulatory and quality operations. Prior to joining Nuheara, Catherine held senior leadership positions at the National Acoustic Laboratories and more than 14 years with Cochlear Ltd. Catherine has a proven track record of successfully navigating complex regulatory landscapes and implementing strong clinical quality management processes and while fostering a culture of regulatory compliance and quality excellence within the hearing market.
New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$1.7m revenue, or US$1.1m). Market cap is less than US$100m (AU$34.5m market cap, or US$23.7m).
공시 • Jun 07Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 4.4 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 4.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 24,275,862 Price\Range: AUD 0.145 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,068,966 Price\Range: AUD 0.145 Transaction Features: Subsequent Direct Listing
Reported Earnings • Mar 09First half 2023 earnings released: AU$0.048 loss per share (vs AU$0.065 loss in 1H 2022)First half 2023 results: AU$0.048 loss per share. Revenue: AU$765.6k (down 74% from 1H 2022). Net loss: AU$6.46m (loss widened 7.5% from 1H 2022).
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Chery Edwardes was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Jan 04Nuheara Announces Commercial Availability of HP Hearing PRO OTC Hearing AidNuheara announced the commercial availability of its HP Hearing PRO. Consumers can now pre-order the HP Hearing PRO self-fitting, air-conduction, OTC hearing soon be able to purchase the product from any retailer carrying the product including Best Buy and Crutchfield. Nuheara's HP Hearing PRO is the first product cleared through the FDA's 510(k) process for both 874.3325 self-fitting and the 800.30 OTC hearing aid classifications under a new product classification code "QUH". HP Hearing PRO is the first FDA cleared self-fitting OTC hearing aid with Hybrid Active Noise Cancellation. The innovative Ear ID(TM) software-in-medical-device and earbud form factor sets the HP Hearing PRO apart from other devices on the market . The HP Hearing PRO self-fitting OTC hearing aids look nothing like a traditional hearing aid. The HP Hearing PRO self- fitting OTC hearing aid brings together superb medical-grade hearing aid technology with the highly desired features of wireless earbuds into a multifunctional device. Users can enjoy clinically-proven natural sound quality. The HP Hearing PRO provides a lifestyle-friendly hearing aid experience with support for situational use and clinically-proven 30% improved hearing using the Focus directionality feature, adjusted to the user's preferences with a tap of the HP Hearing app. Orders can now be placed from retailers and ecommerce partners throughout the US. The recommended retail price for a pair of HP Hearing PRO hearing aids along with an on-the-go charging case is USD 699.00. Product is expected to ship to customers before the end of calendar Quarter 1, 2023. Built to medical-device standards and meeting all FDA requirements for safety and efficacy, the HP Hearing PRO features Ear ID(TM) self-fitting software and technology powered by Nuheara. The HP Hearing PRO self-fitting OTC hearing aid has been clinically proven to be substantially equivalent to a professionally fit hearing aid. The proprietary Ear ID software tests the wearer's individual hearing thresholds from low frequency to high frequency in each ear, then automatically programs the HP Hearing PRO hearing aids for each ear. This ability for the consumer to self-fit through the HP Hearing application, for iOS and Android platform mobile devices, allows a quick and easy acclimation experience for the consumer. The entire experience takes about 10-15 minutes from unboxing through customization of the user's personalized profile to accommodate their perceived mild-to-moderate hearing loss. In addition to the HP Hearing PRO's capabilities as an OTC hearing aid, this innovative product streams media and phone calls via Bluetooth(R). The Active Noise Cancellation minimizes background noise for an immersive sound experience during phone calls or when streaming music. Additional features include: Hearing app for iOS and Android; Rechargeable built-in Li-ion batteries; Medical-grade USB-C charge case; Battery life is up to 8 hours hearing aid processing per full charge per hearing aid; Clinically-proven natural sound quality. Most importantly, the HP Hearing PRO has been clinically validated through research cometed by the National Acoustic c Laboratories to provide a 30% speech understanding improvement in the presence of noise using the directional microphone feature called Focus. This is a huge benefit for consumers in restaurants or social situations where background noise makes understanding speech difficult. Now, at the touch of the HP Hearing app, a wearer can switch the directional microphone settings to Focus on sounds towards their front, quickly allowing for immediate improvement in speech understanding.
공시 • Dec 30Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.025401 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 3.025401 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,807,781 Price\Range: AUD 0.18 Discount Per Security: AUD 0.0108 Transaction Features: Subsequent Direct Listing
공시 • Oct 31Nuheara Limited Receives US FDA Approval and Launches HP Hearing PRONuheara Limited announce a major milestone, receiving US Food and Drug Administration (FDA) clearance for its Self-Fitting OTC Hearing Aid. Nuheara's HP Hearing PRO has been cleared by the FDA for both 874.3325 self- fitting and the 800.30 OTC hearing aid classifications under a new product classification code "QUH". Following the landmark law establishing a regulatory category for over-the-counter (OTC) Hearing Aids in the United States (enacted on 17 October 2022) Nuheara plans to bring to market its first medical device as the HP Hearing PRO under its worldwide Trademark License Agreement for use of HP trademarks on Nuheara's hearing aids, personal sound amplification devices and accessories. ASX Announcement The HP Hearing PRO self-fitting OTC hearing aid brings superb medical grade hearing aid technology combined with highly desired features of wireless ear buds into a multifunctional device that will be sold in the US online and in retail stores, including Best Buy, Crutchfield, Amazon.com, and www.HPHearingPRO.com. Initial orders have been placed from retailers and ecommerce partners for availability throughout the US. The Release Date: 31 OCTOBER 2022 recommended retail price for a pair of HP Hearing PRO hearing aids along with a charge case for on-the-go charging is USD 699.00. The OTC hearing aid rule enactment in the US allows hearing aids within the OTC category, for perceived mild to moderate hearing loss, to be sold directly to consumers in retail stores or online. Access to hearing solutions in retail is something that Nuheara has been developing with its hearable products sales over the past 5 years. As such, the business is well placed to take immediate and significant advantage of the regulation changes.
공시 • Oct 27Nuheara Limited to Report Q1, 2023 Results on Oct 31, 2022Nuheara Limited announced that they will report Q1, 2023 results on Oct 31, 2022
공시 • Oct 21+ 1 more updateNuheara Limited Announces the Resignation of Jean-Marie Rudd as CFONuheara Limited announced that Jean-Marie Rudd has exited from her role as CFO, effective immediately. The company will shortly commence a search process for a new CFO to support the Company through its next growth phase.
Reported Earnings • Oct 07Full year 2022 earnings released: AU$0.16 loss per share (vs AU$0.10 loss in FY 2021)Full year 2022 results: AU$0.16 loss per share (further deteriorated from AU$0.10 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.3m (loss widened 82% from FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
공시 • Oct 06Nuheara Limited, Annual General Meeting, Nov 29, 2022Nuheara Limited, Annual General Meeting, Nov 29, 2022, at 09:00 W. Australia Standard Time. Location: head office, 190 Aberdeen Street, Northbridge, Western Australia. Northbridge Western Australia Australia
Reported Earnings • Sep 02Full year 2022 earnings released: AU$0.15 loss per share (vs AU$0.093 loss in FY 2021)Full year 2022 results: AU$0.15 loss per share (down from AU$0.093 loss in FY 2021). Revenue: AU$3.87m (down 64% from FY 2021). Net loss: AU$14.1m (loss widened 96% from FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Aug 19Nuheara Limited Welcomes US Food and Drug Administration's Final Ruling, Establishing A Regulatory Category for Over-The-Counter (Otc) Hearing Aids in the United StatesNuheara Limited welcomed the US Food and Drug Administration's final ruling, establishing a regulatory category for over-the-counter (OTC) Hearing Aids in the United States. In a world first, and most significantly for Nuheara, the ruling allows hearing aids within the OTC category to be sold directly to consumers in stores or online without a medical exam or fitting by an audiologist. There is now a 60-day enactment period until the commencement of OTC hearing aid consumer retail sales are allowed, anticipated for mid-October 2022. The US FDA received over 1,000 public comment submissions on the proposed rule change. The majority of submissions reflected that American people and healthcare professionals agreed on the significant positive impact that OTC hearing aids could have. The public comments also revealed, as expected, that the dominant hearing aid manufacturers strongly opposed the proposed rule, including using industry-funded "astroturf" campaigns intended to distort public opinion. Despite the incumbent hearing aid manufacturers' efforts to jeopardise such an important ruling, the FDA formally ruled in favourof the OTC category for hearing aids. This historical rule change will forever upend the hearing aid industry and unlock historical barriers to entry for the estimated 38 million Americans who experience some hearing loss. Currently in the US, hearing aids are sold at an average cost of USD 4,726 per pair and can be as much as USD 10,000 or more per pair through licensed audiologist and licensed hearing aid retailers. Now, with the ability for those with perceived mild to moderate hearing loss to purchase OTC, this cost could come down lower than USD 1,000 per pair of hearing aids.
분석 기사 • Jul 30Here's Why Nuheara (ASX:NUH) Must Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
공시 • May 09Nuheara Limited Announces Executive ChangesNuheara Limited announced that the appointment of John R. Luna as its US based Chief Executive Officer; Co-founder and former CEO, Justin Miller, remaining as the company's Managing Director. John R. Luna joined Nuheara in May 2021 was and previously served as the Chief Revenue Officer and President Americas. John has a proven track record of successfully leading companies and commercializing medical devices over a 30-year career. In the medical device and hearing aid industry, John served previously as CEO and COO of iHear Medical Inc., Chief Business Development Officer of Eargo, and President and COO of Bernafon (Demant).
공시 • Apr 28Nuheara Limited has filed an IPO in the amount of AUD 5 million.Nuheara Limited has filed an IPO in the amount of AUD 5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 45,454,545 Price\Range: AUD 0.11
분석 기사 • Apr 13Here's Why Nuheara (ASX:NUH) Must Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although...
공시 • Apr 12Nuheara Submits 510(k) for U.S. FDA ClearanceNuheara Limited has taken the final step in its plans to secure US Food and Drug Administration (FDA) clearance for its self-fitting hearing aid by providing its 510(k) submission to the FDA. This follows completion of Nuheara's successful clinical trial by National Acoustic Laboratories (NAL) in January 2022. The trial successfully validated the effectiveness of the Nuheara self-fitted hearing aids compared to unaided listening across a range of settings and situations. The Nuheara hearing aids are designed to be self-fitted by the user, with a software application interface for both iOS and Android smartphones, intended for direct-to-consumer sale and use without the assistance of a hearing care professional. They are intended for individuals 18 years of age or older with perceived mild to moderate hearing loss, which makes up 85% of the US market. The FDA submission for clearance is the final step of Nuheara's expansion plans into the regulatory approved medical device market, which also aligns with the much-awaited U.S. Over-The-Counter Hearing Aid final rule publication in the Federal Register by the FDA expected for northern hemisphere mid-summer 2022.
공시 • Feb 16Nuheara Announces Executive ChangesNuheara announced the retirement of Co-founder, David Cannington as Chief Marketing Officer. Mr. Cannington will continue supporting Nuheara as a Non-executive Director. The Board thanks Mr. Cannington for his tireless efforts in helping build the business to this stage and look forward to his continued contribution as a member of the Company's Board. Promotion of Seattle-based John Luna to President Americas alongside his existing role of Chief Revenue Officer, effective immediately. Appointment of Tony Sulsona as VP Sales and Marketing, based in the US and effective immediately. Tony has 30 years' experience building medical and consumer product companies in the US.
공시 • Feb 01Nuheara Limited Announces Successful Clinical Trial Self-Fitted Hearing AidsNuheara Limited announced that is has successfully concluded its hearing aid clinical trial with the final report received from National Acoustic Laboratories. The clinical trial completes a very complex and important milestone for Nuheara on its pathway to an FDA 510(K) submission and pending entrance into the regulated U.S. hearing aid market segment with world leading hearing aid products. The clinical trial was conducted in Australia using Audiology best practices on participants with normal hearing and those with mild and moderate hearing loss by professional clinical Audiologists and clinical researchers at NAL. The trial successfully validated the hearing benefit of the Nuheara self-fitted hearing aids compared to unaided listening with benefits including Improved speech understanding in noise; Improved ability to follow conversations; Ability to reduce background noise levels; Overall hearing improvement when listening in everyday conversations. In relation to the unaided listening condition, the study data provided evidence of the superiority of Nuheara hearing aids with FOCUS enabled over unaided listening, and of substantial effectiveness of the Ear IDTM self- fitted hearing aid devices in the overall experience of listeners. Furthermore, clinical assessment showed improvement in speech understanding by 30% in noise when the Nuheara hearing aids FOCUS feature was enabled. This outcome is consistent with other studies showing advantages in speech understanding in noise with conventional directional microphones in hearing aids ranging from 25% to 30% improvement, depending on the familiarity to the speech, physical fitting, and design of the hearing aids. The effectiveness data of the Nuheara Ear IDTM self-fitting method was also validated, as Software in a Medical Device (SiMD), through clinical and real-world data demonstrating positive outcomes as compared to the expected NAL-NL2 clinical targets that would be performed by an audiologist fit hearing aid in a clinic.
공시 • Jan 28Nuheara Limited to Report Q2, 2022 Results on Jan 31, 2022Nuheara Limited announced that they will report Q2, 2022 results on Jan 31, 2022
공시 • Jan 06Nuheara Clinical Trial and FDA 510(K) Pathway UpdateNuheara Limited provided an update on its clinical trial and pathway to FDA 510(K) submission¹ for the Company's pending entrance into the U.S. hearing aid market, in line with its expansion plans into global medical devices. The Nuheara sponsored clinical trial, conducted by National Acoustics Laboratory (NAL), has been completed with all participants data now collected. NAL is expected to publish the final clinical trial report by the end of January 2022. This is an important milestone on the path to US FDA 510(K) submission and regulatory clearance.
분석 기사 • Dec 24We Think Nuheara (ASX:NUH) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...
공시 • Nov 25Nuheara Limited Provides Update on Clinical Trial and Pathway to FDA 510(K) ApprovalNuheara Limited provided an update on its clinical trial and pathway to FDA 510(K) approval for the Company's clinically tested and regulatory approved hearing aids, in line with its expansion plans into medical devices. Recruitment of candidates for the clinical trial being conducted by National Acoustics Laboratory has now been completed. This is an important milestone on the path to regulatory approval. Of further significance, more than 50% of candidates have now commenced the trial, with the remaining candidates expected to commence within the next week. Nuheara has also engaged NAMSA, the world's only 100% medical device-focused contract research organisation, and a U.S. FDA ASCA-accredited medical device biocompatibility laboratory, to conduct Cytotoxicity, Irritation and Sensitisation testing. The testing was conducted in accordance with ISO standards, to demonstrate biocompatibility of Nuheara's proposed hearing aid devices. In accordance with these standards, the following excellent results were recorded: Cytotoxicity testing was found to meet requirements. Irritation testing outcomes resulted in a Primary Irritation Index of zero. Sensitisation testing showed no evidence of contact sensitisation.
분석 기사 • Aug 25Is Nuheara (ASX:NUH) In A Good Position To Deliver On Growth Plans?We can readily understand why investors are attracted to unprofitable companies. For example, although...
Reported Earnings • Aug 18Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.011 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$10.7m (up AU$9.00m from FY 2020). Net loss: AU$7.20m (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
공시 • Mar 10Nuheara Limited Receives U.S. FDA Registration and Hearing Aid Device ListingNuheara Limited announced that the company has received U.S. Food and Drug Administration establishment registration for a medical device listing of a new hearing aid, IQbuds² PRO. The PRO, alongside IQbuds MAX, will be second product to be derived from the recently developed IQbuds² hardware platform. With software developments currently in train, the PRO has been designed to provide deeper levels of hearing technology sophistication, while delivering higher levels of hearing enhancement and amplification. The PRO is expected to be launched in the US later in the calendar year. The PRO has received FDA classification as a "HEARING AID, AIR CONDUCTION WITH WIRELESS TECHNOLOGY", Device Class 2 510(k) exempt with an OSM product code. As with all hearing aids classified with the OSM product code, the FDA has classified the PRO as 510(k) exempt. This means the PRO can be sold in the U.S. without the need to conduct clinical trials or submit a 510(k) application. The company’s multi-product strategy has been planned to maximise the company's global sales opportunities by offering multiple products that support varying degrees of hearing loss. MAX will continue to meet the needs of those with mild hearing challenges. The PRO is designed to support adults with higher (moderate) levels of hearing loss and will extend Nuheara's Direct-to-Consumer strategy to the global USD 9billion per annum (North America USD 3.37 billion) hearing aid market.
Reported Earnings • Feb 24First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.006 loss in 1H 2020)The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$6.91m (up 406% from 1H 2020). Net loss: AU$842.2k (loss narrowed 85% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
분석 기사 • Jan 14What Can We Make Of Nuheara's (ASX:NUH) CEO Compensation?Justin Miller is the CEO of Nuheara Limited ( ASX:NUH ), and in this article, we analyze the executive's compensation...
공시 • Jan 08Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 11.5 million.Nuheara Limited has completed a Follow-on Equity Offering in the amount of AUD 11.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 287,500,000 Price\Range: AUD 0.04 Discount Per Security: AUD 0.0024 Transaction Features: Subsequent Direct Listing
공시 • Dec 30+ 1 more updateNuheara Limited announced that it expects to receive AUD 11.5 million in fundingNuheara Limited (ASX:NUH) announced a private placement of 287,500,000 common shares at a price of AUD 0.04 per share for a gross proceeds of AUD 11,500,000 on December 29, 2020. The transaction price of $0.04 represents a 9% discount to the last closing price on 23 December 2021 of $0.044 and an 17% discount to the 15-day VWAP of $0.0483 per Share.
공시 • Nov 27Nuheara Limited Appoints Warwick Sauer as DirectorNuheara Limited appoints Warwick Sauer as director at its AGM held on 27 November 2020.
분석 기사 • Nov 22Is Nuheara (ASX:NUH) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Oct 13Nuheara Receives $2 Million Phase II Works with HP IncNuheara Limited announced a phase II extension of the collaboration agreement with HP Inc. On successfully completing a Proof of Concept (POC), Nuheara has now been awarded a $2 million (USD 1.48 million) Phase II Purchase Order (PO) for works associated with the development and engineering of an ear bud variant specific to HP's confidential use case. Phase I was previously awarded for accompanying software services.
공시 • Aug 29Nuheara Limited announced that it has received fundingNuheara Limited (ASX:NUH) announced a private placement of 1,000,000 shares on August 21, 2020.