AVITA Medical Shifts from Loss to Profit: Breakeven Expected by 2027

AVITA Medical is expected to breakeven by 2027, with a projected profit of $12m. Analysts forecast a 54% year-on-year growth rate, which may be optimistic. The company has negative equity on its balance sheet, which could be a red flag. Investors should further investigate AVITA Medical's company page on Simply Wall St for a deeper understanding of the company.