Prenetics reported second-quarter revenue of $46.5 million, up 29% sequentially and 3.9 times year-over-year, with its IM8 brand contributing $45 million at a 65% gross margin. The company raised its full-year total revenue guidance to $220 million to $230 million, with IM8 expected to contribute $215 million to $222 million, and initiated 2027 revenue guidance of at least $400 million. July preliminary results showed record monthly revenue of $20.9 million, a record 47,373 new customers, and a customer acquisition cost of about $239, down 21% from the second quarter. Prenetics also announced that its consolidated adjusted free cash flow turned positive in July for the first time in its history, supported by a $1 billion financing commitment from General Catalyst. The company expects third-quarter revenue of $63 million to $64 million and a second-half adjusted EBITDA loss of $8 million to $12 million, an improvement from the first-half loss of $24.6 million.
Prenetics Global LtdRaises full-year guidance and reports strong Q2 revenue growth.
