Logotype for Trinity Biotech plc

Trinity Biotech (TRIB) investor relations material

Trinity Biotech Q4 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Trinity Biotech plc
Q4 2024 earnings summary16 May, 2025

Executive summary

  • Achieved 8.3% year-over-year revenue growth in FY2024, reaching $61.6m, driven by strong Point-of-Care (PoC) sales, especially TrinScreen HIV, despite a decline in clinical laboratory revenues.

  • Implemented a Comprehensive Transformation Plan, including offshore manufacturing, site consolidations, and headcount reductions, aiming for improved profitability.

  • Advanced development of next-generation continuous glucose monitoring (CGM) technology, with pre-pivotal testing completed.

Financial highlights

  • Q4 2024 revenue rose 18.1% year-over-year to $15.9m; PoC revenue up 158% to $5.5m, while clinical laboratory revenue fell 8.6%.

  • FY2024 gross margin was 34.8% (vs. 34.2% in 2023); Q4 2024 gross margin declined to 30.8% from 34.0% in Q4 2023.

  • Net loss for Q4 2024 was $17.0m (vs. $5.5m in Q4 2023); FY2024 net loss was $31.8m (vs. $24.0m in 2023), impacted by restructuring and one-off costs.

  • Cash balance at year-end increased to $5.2m from $3.7m; Q4 2024 operating cash flow was $3.6m.

Outlook and guidance

  • Q1 2025 revenue expected between $7.0m and $8.0m, substantially below Q1 2024 due to manufacturing transitions and demand uncertainty for HIV tests.

  • Anticipates revenue recovery to 2024 levels by late Q2 or Q3 2025, with improved profitability as new manufacturing structure ramps up.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Trinity Biotech earnings date

Logotype for Trinity Biotech plc
Q1 202530 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Trinity Biotech earnings date

Logotype for Trinity Biotech plc
Q1 202530 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Trinity Biotech plc. focuses on the development, manufacturing, and marketing of diagnostic products for the clinical laboratory and point-of-care segments. The company's product portfolio includes diagnostic tests for infectious diseases, diabetes, hemoglobin disorders, and autoimmune conditions. Trinity Biotech serves healthcare providers, laboratories, and patients worldwide, offering reliable and high-quality diagnostic solutions. The company is headquartered in Bray, Ireland, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage