Trading update

Genincode

26/08/2025 07:00

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 29th - Sept 1st) 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

 

Enquiries:

 

GENinCode Plc
www.genincode.comor via Walbrook PR
Matthew Walls, CEO
Paul Foulger, CFO
Cavendish Capital Markets Limited
Tel: 020 7397 8900
GilesBalleny (Corporate Finance)
Nigel Birks (Life Sciences Specialist Sales)
Harriet Ward (Corporate Broking)
Dale Bellis / Michael Johnson (Sales)
Walbrook PR Limited
Tel: 020 7933 8780 orgenincode@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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
TSTZZGZRZDRGKZM