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Nova Eye Medical Limited
Nova Eye Medical is a Public Company that generates the majority of its income from the Medical and Surgical Equipment Manufacturing industry. In 2025 the company generated total revenue of $29,267,000 including sales and other revenue. The exact number of employees for this organisation is not available. The Chief Executive of Nova Eye Medical is Mr Tom Spurling whose official title is Chief Executive Officer. The Chairman of Nova Eye Medical is Mr Victor Previn whose official title is Executive Chairman. Nova Eye Medical Limited is an ASX-listed ophthalmology device manufacturing company. The company is engaged in the development of the following devices: iTrack™ - This device combines the process of 360° catheterization and pressurised vasodilation to treat mild to moderate glaucoma. iTrack™ advance - The next generation of iTrack, an ergonomic, easy-to-use handheld injector. Molteno3® - This device is used to reduce intraocular pressure to treat complex glaucoma.The company also manages the 2RT Project focusing on developing a treatment for intermediate age-related macular degeneration .
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What's included in this industry analysis
IBISWorld's research coverage on the Nova Eye Medical Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Nova Eye Medical Limited, trading as Nova Eye Medical, operates under the ABN 15 007 702 927 and was incorporated on 11 May 1970. Nova Eye Medical Limited trades on the Australian Securities Exchange under the ticker code ASX:EYE. Nova Eye Medical Limited primarily operates in the Medical and Surgical Equipment Manufacturing industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Nova Eye Medical Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Nova Eye Medical Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Nova Eye Medical Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Nova Eye Medical Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Industries of Operation
What’s included in the Industries of Operation chapter?
The Industries of Operation chapter outlines Nova Eye Medical Limited’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Nova Eye Medical Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Nova Eye Medical Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Nova Eye Medical Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is Nova Eye Medical Limited?
Nova Eye Medical Limited is an ASX-listed ophthalmology device manufacturing company. The company is engaged in the development of the following devices: iTrack™ - This device combines the process of 360° catheterization and pressurised vasodilation to treat mild to moderate glaucoma. iTrack™ advance - The next generation of iTrack, an ergonomic, easy-to-use handheld injector. Molteno3® - This device is used to reduce intraocular pressure to treat complex glaucoma.The company also manages the 2RT Project focusing on developing a treatment for intermediate age-related macular degeneration .
What industry does Nova Eye Medical Limited operate in?
Nova Eye Medical Limited, trading as Nova Eye Medical, is a Public Company that generates the majority of its income from the Medical and Surgical Equipment Manufacturing industry in Australia.
Where is Nova Eye Medical Limited located?
Murray Cod Australia Limited company is based at 107 Rundle Street, Kent town, South Australia, Australia.
Who is the CEO of Nova Eye Medical Limited?
The Chief Executive Officer of Nova Eye Medical Limited is Victor Previn and the Chief Executive Officer is Tom Spurling.
What was Nova Eye Medical Limited’s revenue in 2025?
In 2025, Nova Eye Medical Limited generated total revenue of approximately $29.3 million.
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