A summary of the key financial highlights for the financial year ended 30 June 2022 and key trends over the six years since the commencement of commercial operations is provided below.
CLINUVEL increased total revenues, interest and other income by 38% in FY2022, continuing the trend of growth from the commencement of commercial operations in June 2016. Expenses grew by 44% in the year to support the Company’s strategic initiatives. The Company has delivered six consecutive years of revenue growth, whilst expenses have been well controlled.
CLINUVEL has high liquidity, no debt and achieved positive returns to shareholders in the past year.