Interim Results for the Six Months Ended 30 June 2025
Oxford Nanopore Technologies plc has announced its interim results for the six months ended 30 June 2025, detailing a period of strong performance across its global operations and diverse customer segments. The company achieved revenue growth ahead of expectations, supported by increased demand in both Research and Applied markets, and enhanced adoption of its PromethION platform.
- Revenue for the period reached £105.6 million, marking a 25.6% increase on a reported basis and 28.0% on a constant currency basis.
- Gross profit saw a 24.0% increase to £61.4 million, with a gross margin reported at 58.2%.
- The company reported an improved Adjusted EBITDA loss of £(48.3) million, reflecting growth in gross profit and effective cost management.
CEO Gordon Sanghera highlighted the company's progress towards profitability and its strategic priorities, including advancements in product innovation, expanded multiomic capabilities, and a new strategic partnership with Cepheid focused on infectious disease sequencing solutions.
Strategic Progress and Future Outlook
Operational excellence initiatives and refined commercial strategies are in place to capture high-priority market opportunities. Oxford Nanopore Technologies has reaffirmed its financial guidance for fiscal year 2025 and its medium-term targets, underscoring confidence in its growth trajectory and long-term objectives.
For comprehensive details on the financial and operational performance, please visit the Oxford Nanopore Technologies investor relations portal.