Quarterly ResultJun 10, 2026, 08:31 AM
Prenetics Q1 Revenue $36M (+334% YoY); IM8 Revenue $33.8M; Guidance Raised
AI Summary
Prenetics Global Ltd reported strong Q1 2026 results, with total revenue reaching $36.0 million, a significant increase driven by its IM8 brand which generated $33.8 million in revenue, up nearly 6x year-over-year. The company raised its full-year 2026 IM8 revenue guidance to $190 million-$210 million and projects Q2 2026 revenue between $46 million and $48 million. Prenetics also divested its digital asset holdings for $41.3 million and appointed Brian J. Rosin as the new CFO of IM8.
Key Highlights
- Prenetics Q1 2026 revenue $36.0M, up 334% YoY from $8.3M in Q1 2025.
- IM8 brand revenue reached $33.8M in Q1 2026, up 490% YoY from $5.7M in Q1 2025.
- Full-year 2026 IM8 revenue guidance raised to $190M-$210M from $180M-$200M.
- Q2 2026 revenue projected at $46M-$48M, with IM8 contributing $44M-$46M.
- Company divested digital asset holdings for $41.3M.
- Appointed Brian J. Rosin as Chief Financial Officer of IM8.
- Q1 2026 loss from operations was $8.9M, compared to $6.0M in Q1 2025.
- Adjusted EBITDA loss for Q1 2026 was $5.6M, compared to $2.4M in Q1 2025.
Price Impact
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