REG - GENinCode PLC - Trading update

GenincodeAnnouncement

26/08/2025 07:00

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RNS Number : 5179W  GENinCode PLC  26 August 2025

 

26 August 2025

GENinCode Plc

("GENinCode" or the "Company")

 

Trading update - H1 2025

 

Oxford, UK. GENinCode Plc (AIM: GENI), the predictive genetics company focused
on the prevention of cardiovascular disease ("CVD") and risk of ovarian cancer
announces a trading update for the 6 months ending 30 June 2025. The first
half of 2025 saw continued strengthening of business, with revenues up 15% to
£1.6m (30 June 2024 £1.4m) driven by growth across the UK, EU and US
business. Gross profit margin remained firm at 53%, (30 June 2024 53%) with
losses of £2.4m (30 June 2024 (£2.4m)). Cash at the end of June 2025 was
£2.4m (30 June 2024 £2.9m).  Trading remains broadly in line with the
Board's overall expectations for the full year, with a busy second half period
ahead.

 

FDA De Novo discussions continue to progress with work ongoing to close out
the short list of remaining deficiencies. Collaboration discussions on
potential US and EU test distribution are also advancing with a major
distributer. New clinical data on CARDIO inCode-Score (polygenic risk score)
was presented by Kaiser Permanente at the American Society of Preventive
Cardiology (ASPC) in Boston in early August with a further presentation at
this week's European Society of Cardiology (ESC) Annual Congress in Madrid
(Aug 29(th) - Sept 1(st)) on the clinical importance of CARDIO inCode-Score in
the modulation of cholesterol risk for coronary heart disease.

 

The Company will present its 2025 Interim Report at the end of September with
the reporting date to be confirmed in due course.

 

For more information visit www.genincode.com (http://www.genincode.com)

 

Enquiries:

 

 GENinCode Plc    www.genincode.com (http://www.genincode.com) or via Walbrook PR
 Matthew Walls, CEO

 Paul Foulger, CFO

 Cavendish Capital Markets Limited                                  Tel: 020 7397 8900
 Giles Balleny (Corporate Finance)
 Nigel Birks (Life Sciences Specialist Sales)

 Harriet Ward (Corporate Broking)
 Dale Bellis / Michael Johnson (Sales)

 Walbrook PR Limited                      Tel: 020 7933 8780 or genincode@walbrookpr.com
                                          (mailto:genincode@walbrookpr.com)
 Anna Dunphy / Rachel Broad / Marcus Ulker

 

About GENinCode:

GENinCode Plc is a UK based company specialising in prevention of
cardiovascular disease and surveillance testing for ovarian cancer.
Cardiovascular disease is the leading cause of death and disability worldwide.
GENinCode operates business units in the UK, Europe through GENinCode S.L.U.,
and in the United States through GENinCode U.S. Inc.

 

GENinCode predictive technology provides patients and physicians with globally
leading diagnostics and risk assessment for precision medicine treatment and
preventive care. GENinCode invitro-diagnostic molecular tests combine clinical
algorithms and AI bioinformatics to advance patient risk assessment to prevent
the onset of cardiovascular disease and ovarian cancer.

 

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