Visioneering Technologies - Investors

Are you ready for back-to-school eye exams? 📚 👀 With the new school year right around the corner, you might be expecting parents to schedule eye exams for their children. To prep for these visits, it’s crucial to remind parents and their children that optimal vision can significantly impact their learning. Ask your patients if they have trouble reading the white board in the classroom—it might be an early sign of myopia. Early intervention with NaturalVue® Enhanced Multifocal 1 Day Contact Lenses not only addresses myopia but may also slow its progression, offering long-term benefits. Explore the advantages of NaturalVue®: https://bit.ly/3RabHoa #VTI #NaturalVueEnhancedMultifocal #EyeExams #BackToSchool MKT-VTI-SM54 r5

📊 Quarterly Results   Visioneering Technologies Inc. (ASX:VTI) has announced its unaudited results for Q2 FY24.   Highlights for the period include:  🔹 Net Revenue: $2.4 million (A$3.6 million), up 1% from the same period in the prior year  🔹 Shipments to US ECPs (Eye Care Professionals): $2.1 million (A$3.2 million), up 4% from Q2 FY’23; and a record $4.4 million in the first half of 2024, up 2% from the same period last year 🔹 Cash receipts from customers: $2.3 million (A$3.6 million), up 18% from Q2 last year 🔹 Net cash used in operating activities: ($0.9 million) (A$1.3 million), a 27% improvement (i.e., reduction) from Q2 last year 🔹 Gross margin: 57.2%, up from 54.9% in Q2 last year   VTI CEO and Executive Director Dr. Juan Carlos Aragón said:   “We have made some significant progress in realigning our US sales team, adding more salespeople, strengthening sales management, and focusing our promotional messaging. We are now seeing positive results as Shipments to US ECPs are growing again, and we believe we’re gaining momentum. Given that the first two quarters of 2023 were record quarters for VTI, I’m pleased that the team delivered growth in Shipments to US ECPs over strong comparable results.”   Read the ASX release 👉 https://lnkd.in/ebA8G7Ht   $VTI #myopia #VTI #PROTECT #eyecare #innovation

Did you know that NaturalVue® Enhanced Multifocal 1 Day Contact Lenses may be effective for myopic patients with astigmatism? VTI’s Executive Director of Medical Affairs, Dr. Doug Benoit, says the reason for this comes from the lens design. “The NaturalVue Multifocal lens has a catenary curve-based design, which has a rapid increase in plus power, and that creates a very long and thin extended depth of focus channel,” said Dr. Benoit. “NaturalVue Multifocal can correct any astigmatism that falls along the extended depth of focus channel based on published clinical data.”¹˒² To further understand how NaturalVue® helps address astigmatism, Review of Myopia Management reached out to three practitioners — Dr. Elise Kramer, Dr. Jonathan Chen, and Dr. Jeffrey Cooper. Read about their experiences in this recent: https://lnkd.in/eYUhvTzp #VTI #NaturalVueEnhancedMultifocal #Astigmatism 1. Cooper J, O'Connor B, Aller T, Dillehay SM, Weibel K, Benoit D. Reduction of Myopic Progression Using a Multifocal Soft Contact Lens: A Retrospective Cohort Study. Clin Ophthalmol. 2022 Jul 4;16:2145-2155. 2. Lederman, CR. Myopia Control With Extended Depth of Focus Multifocal Contact Lenses. In: American Association for Pediatric Ophthalmology and Strabismus; 2023 Mar 29; New York, USA. MKT-VTI-SM54 r5

Many eyecare practitioners know that NaturalVue® Enhanced Multifocal 1 Day Contact Lenses are effective for myopic patients with astigmatism. VTI’s Executive Director of Medical Affairs, Dr. Doug Benoit, says the reason for this comes from the lens design. To further understand how NaturalVue® helps address astigmatism, Review of Myopia Management reached out to three practitioners — Dr. Elise Kramer, Dr. Jonathan Chen, and Dr. Jeffrey Cooper. Read their experiences in the recent article published by Review of Myopia Management: https://bit.ly/3RNF8wN #VTI #NaturalVueEnhancedMultifocal #EyeExams #BackToSchool MKT-VTI-SM54 r4.1

It’s that time of year: back-to-school eye exams! In these visits, it’s essential to remind parents and their children that vision needs extend beyond the classroom. Students in orchestra and band need to see their sheet music and new drivers must keep their eyes on the road, while also reading road signs and being aware of traffic around them. NaturalVue® Enhanced Multifocal 1 Day Contact Lenses are specifically designed with Neurofocus Optics® technology to meet the needs of your patients. The lenses deliver excellent vision at all distances, while preserving spectacle level stereoacuity and contrast sensitivity. Explore all the benefits of NaturalVue®:https://lnkd.in/eQaiHkDK #VTI #NaturalVueEnhancedMultifocal #EyeExams #BackToSchool MKT-VTI-SM54 r4.1

Are you expecting young patients to visit your practice for back-to-school eye exams? To gear up for the increased visits, it’s essential to recognize that children’s vision needs extend far beyond the classroom. As a dedicated eye care provider, you play a crucial role in ensuring the well-being of all your patients, including young athletes. Whether your patients are involved in team or individual sports, NaturalVue® Enhanced Multifocal 1 Day Contact Lenses provide reliable vision correction, empowering them to pursue their athletic passions with confidence. Explore the advantages of NaturalVue® Enhanced Multifocal: https://lnkd.in/eDAH34vk #VTI #NaturalVueEnhancedMultifocal #EyeExams #BackToSchool MKT-VTI-SM54 r4.1

With summer here, many parents will be scheduling eye exams for their children for the upcoming school year. At VTI, we are committed to supporting ECPs in promoting eye health and ensuring optimal vision for these young patients. Any patients who have squinted to see the smartboard or struggle with vision at school may be showing early signs of myopia. NaturalVue® Enhanced Multifocal 1 Day Contact Lenses provide a comprehensive solution for myopes of all ages and are suitable for children, even those with astigmatism up to 2.00 D. Start early intervention with NaturalVue® Enhanced Multifocal: https://lnkd.in/eDAH34vk #VTI #NaturalVueEnhancedMultifocal #EyeExams #BackToSchool MKT-VTI-SM54 r4.1

The recently published PROTECT data revealed that the majority (58%) of children wearing NaturalVue® Multifocal Contact Lenses had similar physiological growth as age-matched emmetropic children. See recent information from the 1-year data set here: https://lnkd.in/gsegtEte #PROTECT #Myopia #VTI Note: This reflects the 1-year data set. The PROTECT study is ongoing and the data will continue to be reviewed and analyzed with additional details to be shared as available. VTI-RCT-SM9

Delve into the latest insights from Dr. David L. Kading in his recent article, “The Soft Multifocal CL that is a Key to Myopia Management Success for Many of Our Patients,” featured in Review of Optometric Business. In the article, Dr. Kading shares his positive experience with NaturalVue® Enhanced Multifocal 1 Day™ Contact Lenses, calling it “an outstanding tool in our myopia management tool chest.” Dr. Kadling goes on to explain how our multifocal soft lens is easy to care for and works safe and effectively for young patients. Read more what Dr. Kading has to share: https://lnkd.in/gKQw6aTg #VTI #NaturalVue #MyopiaManagement MKT-VTI-SM54 r3

May marks Healthy Vision Month! This month talk to your patients about the importance of taking preventative steps to slow the progression of myopia and maintain healthy vision. #HealthyVisionMonth #Myopia #VTI MKT-VTI-SM54 r3