Diaceutics (DXRX) full year 2021 results presentation March 2022

Diaceutics Founder & CEO, Peter Keeling, and CFO, Nick Roberts, present full year results for the period ended 31 December 2021. Diaceutics who are a diagnostic commercialisation company for precision testing, have transitioned to a recurring revenue model, and progressed further in the period than anticipated at the beginning of the year. These results show revenue increased 10% to £13.9m. Gross profit increased 13.4% to £10.7m. With a gross margin of 77%. Adjusted EBITDA was £2.3m and profit before tax £0.5m. Net cash £19.7m. Going forward they are focused on expanding their service offering, partner network and data repository to serve the diagnostic commercialisation needs both within and outside of oncology. Peter Keeling, Founder & CEO00:17 – Introduction01:59 – Overview of Diaceutics02:54 – Overview of the period04:37 – A transformative year07:17 – Strategic roadmap08:18 – Customer needs09:38 – DXRX Platform10:16 – Our products11:34 – Our data12:24 – Why Diaceutics wins13:41 – ESG Nick Roberts, CFO14:47 – Financial KPIs16:53 – Income statement18:01 – Revenue and margin growth20:19 – Cash position22:38 – Transition of business Peter Keeling, Founder & CEO23:33 – Why invest in Diaceutics24:30 – Outlook Diaceutics PLC is a United Kingdom-based diagnostic commercialization company. The principal activity of the Company is data analytics and implementation services. The Company is engaged in research and development activities in drug development science, testing data and software platform development. The Company's implementation services include test standardization, test quality assessment, laboratory tech support and others. The Company has established a range of products and outsourced advisory services, which help its pharma clients to optimize and deliver their marketing and implementation strategies for companion diagnostics. The Company provides the pharmaceutical companies with an end-to-end solution for the launch of precision medicine diagnostics enabled by DXRX - The Diagnostic Network. DXRX is the diagnostic commercialization platform for precision medicine, integrating multiple pipelines of diagnostic testing data from a global network of laboratories.