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Pacific Edge (PEB) investor relations material
Pacific Edge AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Opening remarks and agenda
Meeting opened with a welcome from the Chair and CEO, introduction of directors, management, auditors, and legal counsel, and confirmation of quorum for both in-person and online attendees.
Agenda included financial review, Q&A, presentations, and formal resolutions as outlined in the notice to shareholders.
Financial performance review
Operating revenue reached $21.8 million, a 6% year-on-year increase, but also reported an 8.6% decrease due to Medicare loss, with a net loss after tax of $29.9 million.
Laboratory throughput was 28,894 tests, down 11.5% from the prior year, with US commercial test volumes in 2H25 up 2.7% over 1H25.
Average U.S. sales price increased to $5.94 per test, with improved cash collections and sales productivity.
Cash and equivalents stood at $22.6 million, reflecting resilience despite Medicare uncertainty.
Commercial payer mix increased to 47% of U.S. volumes, reflecting a shift away from Medicare.
Board and executive committee updates
Chair confirmed intention to retire but agreed to remain for stability until a successor is found.
Board composition and independence reaffirmed, with directors standing for reelection and new committee roles assigned.
Audit and Risk Committee leadership transitioned from Sarah Park to Tony Barclay.
CEO and Chairman delivered key addresses, focusing on strategic direction and operational resilience.
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