Precipio Earnings Call Transcripts
Fiscal Year 2025
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Achieved positive cash flow and 30% revenue growth in 2025, driven by Pathology Services and improved margins. Products Division poised for growth in 2026 with new commercial hires and scalable manufacturing, targeting a $500M addressable market.
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Q3 2025 saw record revenue, first-ever positive adjusted EBITDA, and strong cash generation, driven by double-digit growth in both divisions and margin expansion. Strategic investments set the stage for continued growth and financial independence.
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Q2 2025 delivered strong revenue growth, improved margins, and progress toward break-even, with Pathology Services and Products Divisions both performing well. Strategic investments and a warrant conversion minimized dilution, while a robust customer pipeline supports continued momentum.
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Q1 2025 saw 43% year-over-year revenue growth, margin expansion, and improved cash use, despite seasonal headwinds. Regulatory wins and the resolution of FDA LDT uncertainty are expected to drive further growth, with positive cash flow anticipated by Q2 or Q3.
Fiscal Year 2024
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Q4 2024 saw nearly 26% revenue growth year-over-year, positive adjusted EBITDA, and positive cash flow, with the pathology division exceeding break-even and the product division maintaining a $700K run rate. Strategic focus for 2025 includes scaling growth and enhancing market visibility.
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Q3 2024 results show strong growth, with pathology revenues up 18% and products up 13% sequentially. Cash burn dropped 75% year-over-year, and break-even is within reach, eliminating the need for further capital raises.
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Revenue grew to $4.4M in Q2 2024, with the pathology division exceeding breakeven and the products division nearing profitability. Cash position improved, and FDA approval is targeted for 2025, expected to boost market share and valuation.