Overview

* Prenetics Q2 2025 revenue grows 594.9% yr/yr but misses analyst expectations

* Co increases FY2025 revenue guidance to $85-100 mln, aims for break-even Q1 2026, shares up 16.7% premarket

* Prenetics adds 228 Bitcoin to treasury, reflecting strategic financial initiative

Outlook

* Prenetics increases FY2025 revenue guidance to $85 - $100 mln

* Company expects to achieve breakeven by Q1 2026

Result Drivers

* IM8 GROWTH - IM8 brand achieved $9.8 mln in Q2 revenue, up 70% from Q1, driven by strong customer acquisition and brand awareness

* BITCOIN STRATEGY - Co added 228 Bitcoin to its treasury, reflecting a strategic financial initiative to enhance long-term value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $17.70 $21.70

Revenue mln mln (1

Analyst)

Q2 -$4.10

Adjusted mln

EBITDA

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* Wall Street's median 12-month price target for Prenetics Global Ltd ( PRE ) is $14.00, about 36.7% above its September 11 closing price of $8.86

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)