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Prenetics Global Ltd. (Hong Kong SAR, China)

Main Activities: Analytical Laboratory Instrument Manufacturing
Full name: Prenetics Global Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is principally engaged in next-generation sequencing concentrating on clinical applications of cancer biology, medical diagnostics products, and precision medicine for cancer prevention, treatment and monitoring.
BUSINESS
The Company intend to construct a global healthcare ecosystem to disrupt and decentralize the conventional healthcare system and improve its customers' wellbeing through comprehensive genetic and diagnostic testing.
Its current products and services are mainly targeted towards the preventive healthcare and the diagnostic testing markets. In the preventive healthcare market, the Company has been offering CircleDNA, its in-house developed consumer genetic testing service, since July 2019. The Company has expanded its products and services to diagnostic testing with the launch of COVID-19 testing services under Project Screen in April 2020, and the official launch of Circle HealthPod, a rapid detection health monitoring system for professional use and home use, in Hong Kong on November 18, 2021.
The Company manage its business by divisions, which are organized by a mixture of both business lines and geographical locations. The Company currently operates in two reporting business segments: Prevention and Diagnostics.
- Prevention: The Company provide genetics testing services to individuals and corporate entities for their employees and customers. The Company s products and services in this segment include CircleDNA and ColoClear in its pipeline.

- Diagnostics: The Company provides COVID-19 testing services to individuals, corporate clients for their employees or customers and governments for community testing. Its products and services in this segment include COVID-19 testing services under Project Screen and Circle HealthPod, a rapid detection health monitoring system that was officially launched on November 18, 2021.
HISTORY
2014 The Company was founded in 2014 and headquartered in Hong Kong.
2022
The Business Combination was consummated on May 18, 2022. As a result of the Business Combination, Artisan has become its wholly-owned subsidiary.
On May 18, 2022, Class A Ordinary Shares and Warrants commenced trading on The Nasdaq Stock Market LLC, or “NASDAQ” under the symbols “PRE” and “PRENW,” respectively.

Headquarters
Unit 701-706, K11 Atelier King'S Road, 728 King'S Road
Hong Kong; Hong Kong;

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Website: http://www.prenetics.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2014
Key Executives
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Chairman
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Chief Financial Officer
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Chief Technology Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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12.94%
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11.41%
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10.95%
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8.3%
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5.95%
Subsidiaries
Prenetics International Limited (United Kingdom)
Company Performance
Financial values in the chart are available after Prenetics Global Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
6.51%
Total operating revenue
-6.71%
Operating profit (EBIT)
33.77%
Net Profit (Loss) for the Period
39.13%
Total assets
-16.93%
Total equity
-13.27%
Operating Profit Margin (ROS)
100.87%
Net Profit Margin
122.57%
Return on Equity (ROE)
4.5%
Quick Ratio
-2.07%
Cash Ratio
-2.33%

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