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NovoSorbⓇ BTM PolyNovo PolyNovo Limited ABN 96 083 866 862 2/320 Lorimer Street Port Melbourne VIC Australia 3207 P +61 ( 0 ) 3 8681 4050 F +61 ( 0 ) 3 8681 4099 13 July 2021 ASX Announcement Building Momentum - Record US Turnover in June'21 and 4Q21 , Sales Team Increased to 36 Notwithstanding limited access to US hospitals and surgeons due to Covid , PolyNovo is experiencing increasing revenue momentum in the US and all other major markets . US PolyNovo US reports more than 50 per cent of hospitals are now re - engaging for business . At the same time , the US sales team has been expanded to 36 with 6 new staff trained in the last month . This will expand our geographic footprint and our ability to service recently signed Group Purchasing Organisations . While FY21 BTM revenue growth of circa 34 % is a good indicator of FY21 BTM financial performance , recent business fundamentals have significantly improved as follows : • US BTM revenue in $ US has grown 49 % in FY21 over FY20 . • • • US 4Q21 BTM revenue is a record $ US 4.9M compared with 4Q20 of $ US 3.3M Record monthly BTM revenue of $ A 3.3M in June '21 FY21 Distributor revenue growth was 53 % with strong increases in the DACH region ( Germany , Switzerland , and Austria ) , further sales in South Africa and India , good first sales in Finland , Italy , and Taiwan . FY21 Australia BTM revenue has grown 25 per cent despite challenging Covid lockdowns Managing Director , Paul Brennan said , " FY21 has tested our teams with rolling Covid impacts but they responded with dedication and creativity to service customers . We continue to see expansion of sales outside of burns and we have increasing momentum as we head into FY22 . I look forward to providing a comprehensive update when we announce our year end result . ” Chairman David Williams said , “ I expect FY22 to be very strong financial performance even without a full world - wide recovery from Covid given the current momentum within the business . " Full audited results will be released on 26 August 2021 . This announcement has been authorised by PolyNovo Company Secretary Jan - Marcel Gielen . Improving outcomes . Changing lives .