Prenetics Group Limited (PRE)
NASDAQ:PRE
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Earnings Data
Report Date
Sep 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.84Last Year’s EPS
-0.82Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strongly positive operational narrative: very high revenue growth, significant improvement in gross margins, rapid cohort/LTV acceleration, healthy subscriber growth and consumption, raised guidance, and substantial cash resources after a Bitcoin sale. Management acknowledged near-term EBITDA losses driven by deliberate marketing investments to scale international quarterly subscriptions and noted preliminary accounting items pending close. Execution risks remain around channel diversification, potential reporting clarity, and delivering new product launches. On balance the positive growth, improving unit economics, and strong cohort metrics outweigh the near-term losses and execution items.Company Guidance
Strong Revenue Growth and IM8 Contribution
Total continuing operations revenue of $36.0M in Q1 2026, up ~333% year-over-year. IM8 contributed $33.8M (nearly 6x YoY) and was the primary driver of growth.
Rapid Gross Profit and Margin Expansion
Gross profit grew to $23.3M, up ~315% YoY. IM8 consolidated gross margin expanded to ~64% with an approximate 400 basis point improvement sequentially, driven by scale manufacturing efficiencies, favorable mix toward subscriptions/high-margin SKUs, packaging and fulfillment improvements.
Subscriber and Consumption Momentum
Active subscribers grew to ~82,000. Servings delivered increased 28% sequentially to 8.8 million in the quarter, and 93% of IM8 revenue came from subscriptions, demonstrating recurring consumption rather than one-time orders.
Improving Unit Economics and AOV
New customer average order value rose from ~$110 (FY2025 baseline) to $157 in Q4 2025 and to $240 in Q1 2026 — a ~53% sequential increase. New customer subscription rate remained strong at ~79%.
Fastening Cohort Economics and LTV Trajectory
January 2026 cohort generated $587 cumulative revenue per customer in 4 months (versus a Jan 2025 cohort taking 12 months to reach $549). Management projects current cohorts trending toward an implied 12-month LTR of $900–$1,100 versus $571 for mature cohorts; 81% of 12-order cumulative revenue in mature cohorts is repeat purchases.
Outlook Raise and Near-Term Guidance
Management raised full-year IM8 revenue guidance to $190M–$210M (up from prior range $180M–$200M). Q2 guidance called for ~33% sequential IM8 revenue growth (management cited Q2 IM8 contribution implying strong sequential momentum).
Substantial Financial Liquidity from Bitcoin Sale and Cash Position
Company held $56M cash at quarter-end and sold 510 BTC for $41.3M, bringing estimated cash to ~$91.3M and combined financial resources (cash + investments) to ~ $147M. No debt on the balance sheet.
Strategic Growth Assets and Product Roadmap
Completed global rollout of quarterly subscriptions (material AOV/retention uplift). Management announced three planned Q4 product launches (hydration, creatine, kids gummies) targeted to large, fast-growing categories and expected to attach into an 80k+ subscriber base as upside to guidance.
Brand Moats — Athlete Equity, Science, AI Marketing
Unique athlete equity partnerships (e.g., Beckham co-founder, Aryna Sabalenka, Giannis, Inter Miami) aligned with equity stakes; RCTs underway (gut health and longevity) and completed RCT on flagship product; AI-driven creative engine expanded from ~50 ads to ~3,000 live Meta ads, enabling faster creative iteration and scaling.
PRE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $17.57 | $17.59 | +0.11% |
Feb 18, 2026 | $21.74 | $20.06 | -7.73% |
Nov 12, 2025 | $12.93 | $13.87 | +7.27% |
Sep 12, 2025 | $8.86 | $10.08 | +13.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Prenetics Group Limited (PRE) report earnings?
Prenetics Group Limited (PRE) is schdueled to report earning on Sep 11, 2026, Before Open (Confirmed).
What is Prenetics Group Limited (PRE) earnings time?
Prenetics Group Limited (PRE) earnings time is at Sep 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is PRE EPS forecast?
PRE EPS forecast for the fiscal quarter 2026 (Q2) is -0.84.