Proteomics International Laboratories (PIQ) Q4 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2026 TU earnings summary
27 Jul, 2026Executive summary
Completed a corporate restructure, reducing headcount by 25% and appointing a new CFO, to shift focus from research to commercial diagnostics.
Entered a national distribution agreement with Healius Limited for the Promarker® portfolio in Australia, with phased rollout planned for FY27.
Advanced PromarkerD reimbursement readiness and published a US health economics manuscript.
Secured a US patent for PromarkerEndo, strengthening IP in endometriosis diagnostics.
Renewed Australian laboratory accreditations and continued assay validation and protocol improvements.
Financial highlights
Cash outflows from operations were $2.08 million for the quarter ended 30 June 2026, including $0.46 million in one-off redundancy and entitlement payments.
Cash and cash equivalents stood at $3.5 million at quarter end, down from $5.69 million at 31 March 2026.
Receipts from customers totaled $128,000 for the quarter.
Outflows included $1.09 million for staff, admin, and corporate costs, $0.87 million for R&D, and $0.29 million for product manufacturing, operating, advertising, and marketing.
Payments to related parties totaled $208,000, covering director fees and executive remuneration.
Outlook and guidance
The Healius distribution agreement is expected to drive commercialisation, but revenue impact is not yet reliably estimable.
Restructure is projected to deliver annualised cost savings of over $1 million.
Company expects to receive an R&D Tax Incentive refund in H1 FY27.
Ongoing evaluation of funding needs and capital management alternatives.
Latest events from Proteomics International Laboratories
- Healius rollout is underway; a planned AUD 5m SPP backs market expansion and Endo launch.PIQ
Investor update - Healius rollout began as a $2.0m R&D refund lifted pro forma runway to 2.4 quarters.PIQ
Q1 2027 TU - Healius-backed launches put three Promarker tests on a phased path to commercial scale.PIQ
Investor presentation - Revenue grew to $3.61M, net loss widened to $8.56M, and a national distribution deal was secured.PIQ
H2 2026 - Commercializing four validated diagnostic tests with distributor-led growth and reimbursement focus.PIQ
Investor presentation - Commercializing three novel diagnostic tests with global partnerships and strong clinical validation.PIQ
AGM 2024 presentation - Launching four first-in-class diagnostic tests in 2025 with strong clinical and commercial momentum.PIQ
AGM 2025 presentation - Strategic shift to commercialisation, cost savings, and leadership changes with $5.7M cash on hand.PIQ
Q3 2026 TU - First-in-class diagnostics launch in 2025 to address major unmet medical needs in key markets.PIQ
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