Virtus Health (VRT.AX) Stock Price

Virtus Health Price

Delisted

Over the last 12 years Virtus Health grew revenue by 13.8% annually, reaching 324.60 M AUD. Earnings per share have grown at 20.3% per year over the last 12 years. For Virtus Health, the net margin of 13.3% is up versus 11.0% a few years ago. The payout ratio is around 64% of earnings.

Virtus Health stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Virtus Health over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Virtus Health stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Virtus Health's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Virtus Health Stock Price History
DateVirtus Health Price
Access this data via the Eulerpool API

Virtus Health Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
280.07 M AUD
46.39 M AUD
28.43 M AUD
Jan 1, 2020
258.93 M AUD
30.76 M AUD
469,000.00 AUD
Jan 1, 2021
324.60 M AUD
57.38 M AUD
43.14 M AUD
Jan 1, 2022 (e)
335.40 M AUD
51.11 M AUD
29.04 M AUD
Jan 1, 2023 (e)
355.87 M AUD
61.02 M AUD
35.93 M AUD
Jan 1, 2024 (e)
379.77 M AUD
69.25 M AUD
41.35 M AUD
Jan 1, 2025 (e)
400.12 M AUD
79.83 M AUD
48.88 M AUD
Jan 1, 2026 (e)
425.77 M AUD
92.96 M AUD
58.36 M AUD

Virtus Health Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 10:36 PM
 
REVENUEM AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
DIV.AUD
SHARESM
201120122013201420152016201720182019202020212022e2023e2024e2025e2026e
132.00165.00186.00201.00234.00261.00256.00263.00280.00258.00324.00335.00355.00379.00400.00425.00
12.8225.0012.738.0616.4211.54-1.922.736.46-7.8625.583.405.976.765.546.25
74.2472.7370.4373.1372.6571.2672.2773.0072.5072.8772.5372.5372.5372.5372.5372.53
98.00120.00131.00147.00170.00186.00185.00192.00203.00188.00235.00242.98257.48274.89290.12308.26
31.0038.0039.0051.0049.0053.0047.0050.0046.0030.0057.0051.0061.0069.0079.0092.00
23.4823.0320.9725.3720.9420.3118.3619.0116.4311.6317.5915.2217.1818.2119.7521.65
15.0019.0010.0030.0029.0032.0028.0030.0028.0043.0029.0035.0041.0048.0058.00
-1,600.0026.67-47.37200.00-3.3310.34-12.507.14-6.67-32.5620.6917.1417.0720.83
0.17
53.6058.2063.4080.7080.9380.8881.0481.2281.6280.0881.2281.2281.2281.2281.2281.22
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Virtus Health generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Virtus Health retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Virtus Health's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Virtus Health has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Virtus Health's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Virtus Health stock margins

The Virtus Health margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Virtus Health. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Virtus Health.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
72.24 %
18.50 %
10.96 %
Jan 1, 2018
72.83 %
19.04 %
11.65 %
Jan 1, 2019
72.80 %
16.57 %
10.15 %
Jan 1, 2020
72.67 %
11.88 %
0.18 %
Jan 1, 2021
72.41 %
17.68 %
13.29 %
Jan 1, 2022 (e)
72.41 %
15.24 %
8.66 %
Jan 1, 2023 (e)
72.41 %
17.15 %
10.10 %
Jan 1, 2024 (e)
72.41 %
18.23 %
10.89 %

Virtus Health Stock Revenue, EBIT, Earnings per Share

The Virtus Health earnings per share therefore indicates how much revenue Virtus Health has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
3.17 AUD
0.59 AUD
0.35 AUD
Jan 1, 2018
3.25 AUD
0.62 AUD
0.38 AUD
Jan 1, 2019
3.43 AUD
0.57 AUD
0.35 AUD
Jan 1, 2020
3.23 AUD
0.38 AUD
0.01 AUD
Jan 1, 2021
4.00 AUD
0.71 AUD
0.53 AUD
Jan 1, 2022 (e)
4.13 AUD
0.63 AUD
0.36 AUD
Jan 1, 2023 (e)
4.38 AUD
0.75 AUD
0.44 AUD
Jan 1, 2024 (e)
4.68 AUD
0.85 AUD
0.51 AUD

Virtus Health business model & stock analysis

Virtus Health Ltd is a company in the field of assisted reproduction and fertility, based in Sydney, Australia. Founded in 2007, the company is a leader in the development and application of innovative technologies and methods to help couples worldwide to become pregnant. The business model of Virtus Health includes the provision of IVF treatments (In-vitro Fertilization), IUI treatments (Intrauterine Insemination), egg donations, and other methods for successful fertilization of eggs and sperm cells. It is a highly specialized field that requires expertise and specialized skills. The company owns and operates a number of specialized fertility clinics in Australia, Ireland, Denmark, Singapore, and the United Arab Emirates. These clinics offer patients all services related to assisted reproduction, including specialist consultation and advice, treatment planning, medical treatments, surgical interventions, medication administration, and aftercare. As part of its business model, Virtus Health also operates a variety of laboratories where embryos are cultured and genetic and prenatal diagnostic procedures are performed. The company continuously invests in research and development, the development of new technologies, and the exploration of new markets in this field. Virtus Health is constantly seeking new ways to improve pregnancy rates for its patients. The company is divided into different divisions, each offering different services for assisted reproduction. For example, Virtus Health operates the brand "IVFAustralia," the leading Australian clinic for assisted reproduction, where patients receive the best possible medical care for all questions regarding fertilization technologies. Virtus Health is also diversified and offers various services in the field of assisted reproduction. For example, it operates the "California Cryobank," one of the world's largest sperm banks specializing in the storage and provision of sperm cells for assisted fertilization. Other product lines of the company include "OTIC Americas," a laboratory firm for medical devices, and "AAB College," an educational institute for medical personnel in Kosovo. An important aspect of Virtus Health's business model is its close collaboration with other companies in the industry. This allows for better support for both patients and the market as a whole. Over the years, the company has formed partnerships with other medical institutions. Overall, Virtus Health is a leading provider of services in the field of assisted reproduction and fertility. It is a specialized company that offers a variety of services to help couples expand their families. Virtus Health is a good example of a company that prioritizes the needs of its customers through innovation, efficiency, and high-quality services.

Virtus Health SWOT Analysis

Strengths

Virtus Health Ltd exhibits several strengths that contribute to its competitive position in the market. Firstly, the company benefits from a strong reputation and brand image, which enhances customer trust and loyalty. This is crucial in an industry where personalized and reliable healthcare solutions are sought after.

Secondly, Virtus Health has a well-established network of fertility clinics and healthcare professionals, allowing it to offer comprehensive fertility treatments and services. The company's experienced team of specialists and cutting-edge technologies contribute to its high success rates in assisted reproductive processes.

Furthermore, Virtus Health has a solid financial foundation, enabling the company to invest in research and development, expand its operations, and keep up with advancements in reproductive medicine. This financial stability also provides resilience in times of economic uncertainty.

Weaknesses

Despite its strengths, Virtus Health faces certain weaknesses that pose challenges to its growth. One notable weakness is the company's dependence on the regulatory environment. Changes in government policies or regulations related to reproductive medicine could impact Virtus Health's operations, potentially leading to increased costs or limitations on certain treatments.

Additionally, Virtus Health operates in a highly competitive market, with numerous other fertility clinics and healthcare providers. This intensifies competition and puts pressure on pricing and profitability. To maintain its market share, Virtus Health needs to continuously differentiate itself through innovation, quality, and service excellence.

Opportunities

Virtus Health can capitalize on several opportunities to further enhance its business. The growing demand for fertility treatments and assisted reproductive services presents a significant opportunity for market expansion. With increasing awareness and acceptance of such treatments globally, Virtus Health can tap into new markets and reach a larger customer base.

Furthermore, advancements in reproductive technologies and genetic testing offer potential growth avenues for Virtus Health. By adopting and integrating these technologies into its services, the company can stay at the forefront of innovation and provide more comprehensive and personalized solutions to its customers.

Threats

Virtus Health confronts several threats that pose risks to its business. One major threat is the potential for stricter regulations or legal challenges surrounding the ethical aspects of reproductive medicine. This could lead to increased scrutiny, limitations on certain procedures, or reputational damage for Virtus Health.

Moreover, changes in consumer preferences and trends could affect the demand for fertility treatments. For instance, societal shifts towards delaying parenthood or alternative family building options may impact the traditional market for reproductive services. Virtus Health needs to continually adapt and cater to evolving customer needs and preferences.

Virtus Health Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Virtus Health historical P/E ratio, EBIT multiple, and P/S ratio

Virtus Health annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Virtus Health shares outstanding

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
81.04 M Stocks
Jan 1, 2018
81.22 M Stocks
Jan 1, 2019
81.62 M Stocks
Jan 1, 2020
80.08 M Stocks
Jan 1, 2021
81.22 M Stocks
Jan 1, 2022 (e)
81.22 M Stocks
Jan 1, 2023 (e)
81.22 M Stocks
Jan 1, 2024 (e)
81.22 M Stocks

Virtus Health Dividend History

9 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20221.23AUD 258.3%
20210.34AUD 100.0%
20200.17AUD 50.0%
20190.34AUD 7.7%
20180.37AUD 4.0%
20170.36AUD 13.8%
20160.41AUD 7.4%
20150.39AUD 3.8%
20140.37AUD

Virtus Health dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
102.66 %
Jan 1, 2018
97.80 %
Jan 1, 2019
98.04 %
Jan 1, 2020
2,905.57 %
Jan 1, 2021
64.48 %
Jan 1, 2022 (e)
47.95 %
Jan 1, 2023 (e)
1,006.00 %
Jan 1, 2024 (e)
372.81 %
Price targets and forecasts for Virtus Health are not yet available.

Virtus Health Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/20/20230.25AUD-AUD2023 Q2
8/21/20220.20AUD-AUD2022 Q4
2/22/20220.23AUD-AUD2022 Q2
8/23/20210.11AUD142.10 MAUD2021 Q4
2/16/20210.22AUD167.47 MAUD2021 Q2
8/18/20200.10AUD-AUD2020 Q4
2/18/20200.17AUD-AUD2020 Q2

Virtus Health shareholder structure

% Name
101.51128%
BGH Capital Pty. Ltd.
BGH Capital Pty. Ltd.
9.14998%
Paradice Investment Management Pty. Ltd.
Paradice Investment Management Pty. Ltd.
5.36970%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
5.07420%
Challenger Managed Investments Ltd.
Challenger Managed Investments Ltd.
4.33773%
Samson Rock Capital LLP
Samson Rock Capital LLP
3.54514%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.

Virtus Health Executives and Management Board

KM

Ms. Kate Munnings

Group Chief Executive Officer, Managing Director, Executive Director · since 2020

Compensation1.61 M AUD
RB

Mr. Richard Banks

Chief Strategy Officer, European Managing Director

Compensation573,286.00 AUD
LH

Mr. Lyndon Hale

Executive Director · since 2021

Compensation167,891.00 AUD
SP

Ms. Sonia Petering

Non-Executive Independent Chairman of the Board

Compensation164,199.00 AUD
GC

Mr. Greg Couttas

Non-Executive Independent Director

Compensation120,018.00 AUD

Virtus Health Supply Chain

Virtus Health Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
4 companies
#Name1M3M6M1Y2YTrend
1
0.59
0.14
-0.16
-0.23
0.76
2
0.30
-0.28
-0.30
-0.28
0.69
3
Vitrolife
Supplier
-0.07
-0.30
-0.84
-0.78
0.33
#Name1M3M6M1Y2YTrend
1
Ceridin HCM Hldg Rg
Supplier
-0.04
-0.39
-0.88
-0.84
-0.17

Frequently asked questions about Virtus Health

Virtus Health Ltd operates with an innovative business model in the reproductive healthcare industry. As a leading provider of fertility services, Virtus Health offers a comprehensive range of assisted reproductive technology (ART) solutions. The company conducts fertility assessments, consultations, and diagnostics, providing individuals and couples with personalized treatment plans to optimize their chances of starting a family. With a network of fertility clinics and laboratories, Virtus Health offers services like in vitro fertilization (IVF), egg freezing, donor programs, and preimplantation genetic testing. The company's business model focuses on delivering high-quality fertility care, promoting patient-centric approaches, and leveraging cutting-edge ART techniques to support individuals and families on their unique fertility journeys.

All fundamentals and in-depth analysis of Virtus Health

Our stock analysis for Virtus Health stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Virtus Health. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.