Prenetics Global Ltd (NAS:PRE)
$ 18.34 +0.26 (+1.44%) Market Cap: 311.79 Mil Enterprise Value: 204.76 Mil PE Ratio: 0 PB Ratio: 2.56 GF Score: 69/100

Q1 2026 Prenetics Global Ltd Earnings Call Transcript

May 14, 2026 / 12:00 PM GMT
Release Date Price: $17.59 (+0.11%)

Key Points

Positve
  • Prenetics Global Ltd (PRE) reported a significant revenue increase of 333% year-over-year, reaching $36 million in Q1 2026.
  • The company's IMA segment contributed $33.8 million, marking a nearly 6x year-over-year growth and a 23% sequential increase.
  • Gross margins for IMA expanded to 64%, a 400 basis point improvement quarter-over-quarter.
  • Active subscribers grew to 82,000, with 93% of IMA revenue coming from subscriptions, indicating strong customer retention.
  • Prenetics Global Ltd (PRE) raised its full-year 2026 IMA revenue guidance to $190 million to $210 million, up from the prior range of $180 million to $200 million.
Negative
  • Despite the revenue growth, Prenetics Global Ltd (PRE) reported a loss in operations of $8.9 million for the quarter.
  • Adjusted EBITDA loss was $5.6 million, compared to $4.5 million in Q1 2025, indicating increased operational costs.
  • The company has not yet included potential revenue from new product launches in its guidance, which could lead to uncertainty in future projections.
  • Prenetics Global Ltd (PRE) is heavily reliant on Meta for customer acquisition, with 85% of its current spend on the platform, which could pose a risk if platform dynamics change.
  • The company has not provided updated guidance for adjusted EBITDA for the year, maintaining its previous range despite significant revenue growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PRE.OQ - Prenetics Global Ltd
Q1 2026 Prenetics Global Ltd Earnings Call
May 14, 2026 / 12:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings, and welcome to the Predetics First Quarter 2026 Earnings Conference Call. As a reminder, this call is being recorded.

Your hosts today are Danny Young, Chief Executive Officer and Co-Founder, and Brian Rosen, CFO of IM8, and Stephen Lowe, Chief Financial Officer.

Ms. Young and Mr. Lowe will present results of operations for the first quarter ending March 31, 2026, and provide a corporate update.

A press release detailing these results was released today and is available on the Investor Relations section of our company's website, www.prenetics.com.

Before we begin the formal presentation, I'd like to remind everyone that statements made on this call and webcasts may include predictions,
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot