PRE - Prenetics Global Limited
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$37.50
DETAILS
HIGH:
$40.00
LOW:
$35.00
MEDIAN:
$37.50
CONSENSUS:
$37.50
UPSIDE:
85.92%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 92.4 | 30.6 | 21.7 | 13.2 | 12.5 | 65.2 | 9.2 |
| Cost of Revenue | 43.6 | 15.2 | 12.9 | 9.5 | 8.9 | 38.8 | 6.5 |
| Gross Profit | 48.8 | 15.4 | 8.8 | 3.6 | 3.6 | 26.3 | 2.7 |
| Operating Expenses | |||||||
| R&D Expenses | 5.1 | 10.9 | 11.7 | 6.0 | 6.4 | 2.8 | 3.0 |
| SG&A Expenses | 79.8 | 55.4 | 49.7 | 64.1 | 53.7 | 23.1 | 18.0 |
| Other Expenses | 2.0 | (2.7) | (0.6) | (0.4) | 0.2 | 1.4 | 2.6 |
| Operating Expenses | 86.9 | 63.5 | 60.7 | 69.6 | 60.3 | 27.3 | 23.5 |
| Operating Income | |||||||
| Operating Income | (38.1) | (48.1) | (51.9) | (66.0) | (56.7) | (1.0) | (20.8) |
| Interest Expense | 0.2 | 0.2 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 |
| Interest Income | 1.0 | 2.0 | 3.9 | 0.5 | 0.0 | 0.0 | 0.0 |
| Profitability | |||||||
| EBITDA | (32.2) | (51.6) | (47.9) | (218.0) | (209.2) | (1.4) | (18.6) |
| EBIT | (36.0) | (57.5) | (55.7) | (225.6) | (216.5) | (3.8) | (20.8) |
| Income Before Tax | (36.2) | (57.7) | (56.7) | (225.8) | (216.6) | (3.9) | (20.9) |
| Income Tax Expense | 0.0 | (7.9) | (0.3) | (0.2) | 2.6 | (1.9) | (0.7) |
| Net Income | (37.7) | (46.3) | (62.7) | (190.5) | (174.0) | (1.9) | (20.1) |
| Per Share Data | |||||||
| EPS (Basic) | -2.68 | -3.64 | -5.58 | -37.57 | -47.04 | -0.26 | -2.73 |
| EPS (Diluted) | -2.68 | -3.64 | -5.58 | -37.57 | -47.04 | -0.26 | -2.73 |
| Shares Outstanding | 14.1 | 12.7 | 11.2 | 5.1 | 3.7 | 7.4 | 7.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 32.1 | 52.3 | 45.7 | 146.7 | 35.3 | 14.5 | 11.5 |
| Short-Term Investments | 29.4 | 10.6 | 27.0 | 37.5 | 9.9 | 0.3 | 0.3 |
| Net Receivables | 3.0 | 5.6 | 5.3 | 42.5 | 47.1 | 23.1 | 2.9 |
| Inventory | 7.1 | 6.6 | 3.1 | 4.5 | 6.8 | 4.5 | 0.5 |
| Other Current Assets | 11.9 | 3.5 | 8.3 | 4.6 | 7.3 | 1.0 | 0.4 |
| Total Current Assets | 83.4 | 86.1 | 93.7 | 241.8 | 106.9 | 44.0 | 15.6 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 1.8 | 7.8 | 5.8 | 13.1 | 13.0 | 4.7 | 2.1 |
| Goodwill | 0 | 37.4 | 29.2 | 33.8 | 4.0 | 4.0 | 3.9 |
| Intangible Assets | 44.7 | 11.6 | 13.4 | 14.8 | 23.8 | 24.0 | 6.3 |
| Long-Term Investments | 67.0 | 69.3 | 107.8 | 0.8 | 0 | 0 | 1.7 |
| Other Non-Current Assets | 6.7 | 1.4 | 4.3 | 7.6 | 0.7 | 2.3 | 0.2 |
| Total Non-Current Assets | 120.1 | 127.4 | 160.5 | 70.3 | 41.6 | 34.9 | 14.1 |
| Total Assets | 203.5 | 213.6 | 254.2 | 312.1 | 148.5 | 78.9 | 29.7 |
| Current Liabilities | |||||||
| Account Payables | 7.7 | 3.7 | 1.7 | 7.3 | 10.0 | 13.4 | 2.8 |
| Short-Term Debt | 1.3 | 0 | 0 | 0 | 1.7 | 15.5 | 0 |
| Deferred Revenue | 3.1 | 6.5 | 6.1 | 5.7 | 9.6 | 0 | 0 |
| Other Current Liabilities | 15.5 | 15.1 | 15.5 | 17.5 | 22.6 | 10.9 | 7.8 |
| Total Current Liabilities | 27.7 | 36.6 | 39.5 | 57.2 | 58.7 | 47.1 | 11.9 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0.4 | 0 | 0 | 0 | 486.4 | 0 | 0.1 |
| Deferred Tax Liabilities | 0.0 | 2.2 | 2.6 | 3.2 | 0.7 | 0 | 0 |
| Other Non-Current Liabilities | 0.5 | 0.5 | 1.0 | 4.5 | 0 | 0 | 0.0 |
| Total Non-Current Liabilities | 1.3 | 5.7 | 4.5 | 11.5 | 490.7 | 0.8 | 0.9 |
| Total Liabilities | 29.0 | 42.2 | 44.0 | 68.7 | 549.4 | 47.9 | 12.8 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15.3 | 45.7 |
| Retained Earnings | 0 | (517.1) | (470.8) | (408.0) | 0 | (43.6) | (41.6) |
| Accumulated Other Comprehensive Income | 0 | (169.3) | (176.0) | (185.7) | (400.8) | 21.4 | 12.9 |
| Total Stockholders' Equity | 174.6 | 170.4 | 206.4 | 237.1 | (400.8) | 31.1 | 16.9 |
| Total Liabilities & Equity | 203.5 | 213.6 | 254.2 | 312.1 | 148.5 | 78.9 | 29.7 |
| Debt Metrics | |||||||
| Total Debt | 2.2 | 5.8 | 2.4 | 6.6 | 491.7 | 17.1 | 1.5 |
| Net Debt | (29.9) | (46.5) | (43.3) | (140.0) | 456.4 | 2.7 | (10.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (52.7) | (49.8) | (64.8) | (190.5) | (174.0) | (2.0) | (20.2) |
| Depreciation & Amortization | 3.8 | 5.9 | 7.8 | 7.5 | 7.3 | 2.4 | 2.2 |
| Stock-Based Compensation | 0 | 12.0 | 10.6 | 31.6 | 22.5 | 1.6 | 3.9 |
| Change in Working Capital | 6.6 | 2.0 | 24.2 | (33.8) | (6.6) | (7.8) | 10.2 |
| Other Non-Cash Items | 20.5 | 8.9 | 8.8 | 192.5 | 160.5 | 4.8 | 2.6 |
| Operating Cash Flow | (21.8) | (28.9) | (13.8) | 14.5 | 13.4 | (2.9) | (1.9) |
| Investing Activities | |||||||
| Capital Expenditure | (0.2) | (1.1) | (0.9) | (6.3) | (11.4) | (3.1) | (0.4) |
| Acquisitions | 37.8 | 21.7 | 0 | (3.4) | 0 | (2.9) | (4.2) |
| Purchases of Investments | (20.0) | (0.1) | (26.0) | (39.9) | (10) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 16 | 19.9 | 3.0 | 0 | 0 | 0 |
| Other Investing Activities | 1.0 | 2.0 | (76.5) | 0.5 | (3.5) | 0.0 | 0.0 |
| Investing Cash Flow | (35.8) | 38.5 | (83.0) | (46.1) | (22.0) | (6.0) | (4.6) |
| Financing Activities | |||||||
| Net Debt Issuance | 40.2 | (2.6) | (3.2) | (1.9) | (1.3) | (0.6) | (0.5) |
| Stock Repurchased | 0 | (0.6) | (1.2) | (0.7) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (2.6) | (0.2) | (0.2) | 145.9 | 4.6 | 12.5 | (0.1) |
| Financing Cash Flow | 37.5 | (3.3) | (4.7) | 143.3 | 29.3 | 11.8 | (0.6) |
| Cash Position | |||||||
| Net Change in Cash | (20.1) | 6.5 | (101.0) | 111.4 | 20.8 | 3.0 | (7.3) |
| Cash at Beginning | 52.3 | 45.7 | 146.7 | 35.3 | 14.5 | 11.5 | 18.8 |
| Cash at End | 32.1 | 52.3 | 45.7 | 146.7 | 35.3 | 14.5 | 11.5 |
| Free Cash Flow | (22.0) | (29.9) | (14.7) | 8.2 | 2.0 | (5.9) | (2.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 92.4 | 30.6 | 21.7 | 13.2 | 12.5 | 65.2 | 9.2 |
| Gross Profit | 48.8 | 15.4 | 8.8 | 3.6 | 3.6 | 26.3 | 2.7 |
| Operating Income | (38.1) | (48.1) | (51.9) | (66.0) | (56.7) | (1.0) | (20.8) |
| Net Income | (37.7) | (46.3) | (62.7) | (190.5) | (174.0) | (1.9) | (20.1) |
| EPS (Diluted) | -2.68 | -3.64 | -5.58 | -37.57 | -47.04 | -0.26 | -2.73 |
| Balance Sheet | |||||||
| Cash & Equivalents | 32.1 | 52.3 | 45.7 | 146.7 | 35.3 | 14.5 | 11.5 |
| Total Assets | 203.5 | 213.6 | 254.2 | 312.1 | 148.5 | 78.9 | 29.7 |
| Total Debt | 2.2 | 5.8 | 2.4 | 6.6 | 491.7 | 17.1 | 1.5 |
| Stockholders' Equity | 174.6 | 170.4 | 206.4 | 237.1 | (400.8) | 31.1 | 16.9 |
| Cash Flow | |||||||
| Operating Cash Flow | (21.8) | (28.9) | (13.8) | 14.5 | 13.4 | (2.9) | (1.9) |
| Capital Expenditure | (0.2) | (1.1) | (0.9) | (6.3) | (11.4) | (3.1) | (0.4) |
| Free Cash Flow | (22.0) | (29.9) | (14.7) | 8.2 | 2.0 | (5.9) | (2.3) |