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Novacyt (ALNOV) investor relations material

Novacyt H2 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 TU earnings summary21 Jan, 2026

Executive summary

  • Full year 2025 revenue reached approximately £20.0m, meeting market expectations and reflecting a 4% underlying growth year-over-year, excluding the Taiwan service laboratory divestment.

  • Sequential half-year revenue growth was maintained for three consecutive periods, with H2 2025 revenue at £10.2m, up from £9.6m in H2 2024.

  • Cash position remained strong at £19.2m as of 31 December 2025, with the Group remaining debt free.

Financial highlights

  • Statutory revenue for FY 2025 expected at £20.0m (FY 2024: £19.6m), in line with market expectations of £19.8m.

  • Adjusted EBITDA loss expected to meet or improve on market expectations of £8.5m.

  • Closing cash balance at year-end was £19.2m, compared to £23.8m at 30 June 2025.

Outlook and guidance

  • Healthy pipeline of opportunities for 2026 and beyond, particularly in the Instrumentation segment.

  • Product launches and beta testing underway, with new products expected to drive future growth.

LightBench Discover's 2026 growth strategy
RUO segment turnaround strategy with new kit
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