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Financial statements

Prenetics Global Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Prenetics Global Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2020FY2022FY2022FY2023FY2024
Revenue65.212.513.221.730.6
Cost of revenue38.88.939.5512.915.2
Gross profit26.33.63.628.8315.4
Research and development2.786.395.9911.710.9
Operating income-1-56.7-66-51.9-48.1
Interest expense0.065.244.2
Pre-tax income-3.9-217-226-56.7-57.7
Income tax-1.942.57-0.25-0.27-7.87
Income from continuing operations-219-226-56.4-49.8
Net income to minority interests-0.02-0.010-2.05-3.5
Net income-1.94-174-190-62.7-46.3
EPS, basic-2.25-178.81-37.57-5.58-3.71
EPS, diluted-2.25-178.81-37.57-5.58-3.71

Balance sheet

FY2020FY2022FY2022FY2023FY2024
Cash and equivalents14.535.314745.752.3
Receivables54.953.217.716.8
Inventory6.834.533.136.57
Total current assets10724293.786.1
Property, plant and equipment1313.1
Goodwill3.993.9833.829.237.4
Intangible assets23.814.813.411.6
Total assets149312254214
Total current liabilities58.757.239.536.6
Lease liabilities3.63.760.873.01
Total liabilities54968.74442.2
Shareholders' equity-401237206170
Minority interests-0.086.43.80.96
Total equity31-401243210171
Total liabilities and equity149312254214

Cash flow statement

FY2020FY2022FY2022FY2023FY2024
Net income-1.96-174-190-64.8-49.8
Cash from operations-2.8813.414.5-13.8-28.9
Capital expenditures-2.86-8.55-4.95-0.35-1.01
Cash from investing-5.97-22-46.1-8338.5
Cash from financing11.829.3143-4.7-3.34
Exchange rate effect-0.020.09-0.320.470.22
Free cash flow-5.744.879.57-14.1-29.9
Interest paid0.12-0.020.06

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $22.97 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin50.3%Gross profit / revenue.
Operating margin-157.2%Operating income / revenue.
Pre-tax margin-188.4%Pre-tax income / revenue.
Net margin-151.2%Net income / revenue.
FCF margin-97.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-94.3%Cash from operations / revenue.
Return on equity (ROE)-24.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-19.8%Net income / average total assets.
Return on invested capital (ROIC)-27.3%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue35.7%Research and development expense / revenue.
Capex / revenue3.3%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y40.8%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y34.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y74.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y62.3%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-17.4%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-16.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y12.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.36xCurrent assets / current liabilities.
Quick ratio1.89x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.43x(Cash + short-term investments) / current liabilities.
Liabilities / assets19.8%Total liabilities / total assets.
Working capital$49.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets22.9%(Goodwill + intangible assets) / total assets.
Tangible book value$121.5MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.13xRevenue / average total assets.
Inventory turnover3.14xCost of revenue / average inventory.
Days inventory116 days365 x average inventory / cost of revenue.
Receivables turnover1.78xRevenue / average receivables.
Days sales outstanding205 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$3.71Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$3.71Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$385.4MShare price x shares outstanding.
Enterprise value$333.2MMarket cap + total debt - cash - short-term investments.
P/S12.6xMarket cap / revenue.
P/B2.26xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.17xMarket cap / tangible book value, when positive.
EV/Sales10.9xEnterprise value / revenue.
FCF yield-7.8%Free cash flow / market cap.
Earnings yield-12.0%Net income / market cap (the inverse of P/E).
What was Prenetics Global Ltd's revenue in fiscal 2024?

Prenetics Global Ltd reported revenue of $30.6M for fiscal 2024, 40.8% higher than the year before.

Was Prenetics Global Ltd profitable in fiscal 2024?

No. It reported a net loss of $46.3M.

How much free cash flow did Prenetics Global Ltd generate in fiscal 2024?

Cash from operations of $28.9M minus capital expenditures of $1.0M left free cash flow of -$29.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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