IntegraGen Reports €12.6m in Revenues for 2022 Representing 16% Growth Compared to 2021 and a Cash Position of €4.5m
13 Janeiro 2023 - 3:30AM
Business Wire
- Growth supported by the high-throughput genomic sequencing
laboratory in Evry
- Continued sequencing activities on platforms operated on behalf
of third parties supported by new clinical research projects in
oncology
Regulatory News:
IntegraGen (FR0010908723 – ALINT), an OncoDNA Group company
specializing in the decryption of the human genome which performs
interpretable genomic analyzes for academic and private
laboratories and develops diagnostic tools for oncology, announced
today its unaudited revenue figures for the year 2022.
The 2022 unaudited revenue amount to €12,592k in 2022,
representing an increase of 16% compared to 2021. This growth in
all activities reflects the firmness of the company's positioning,
both in terms of its main sequencing activities for R&D
customers and its expertise in operating platforms on behalf of
third parties. This amount does not include the recharge of
personnel costs to the parent company.
As of December 31st 2022, the company’s cash position was
€4,514k compared to €4,781k end of 2021, a slight decrease due to
bank loans reimbursement. The position includes a state guaranteed
loan (Prêt Garanti par l’État, PGE) for an outstanding amount of
€1,561k that the Company started to reimburse for €339k during
2022.
With a revitalized booking orders as of the end of December, the
company confirms its growth perspectives based on the current sales
dynamics and existing long-term contracts along with the synergies
now in place within the OncoDNA Group.
Bernard Courtieu, IntegraGen CEO, said “2022 has been
another year of very strong growth at IntegraGen, and it both
confirms the trust of our customers and strength of our business
model, combining sequencing services for the R&D community and
long-term partnerships with leading health institutions. We will
continue to deliver superior value to our customers and are
targeting new areas of growth, in conjunction with the OncoDNA
Group.”
The financial results for the year 2022 will be published on
April 24th, 2023.
ABOUT INTEGRAGEN
IntegraGen is an OncoDNA group company specializing in the
genomics of cancer and rare genetic diseases. Backed by highly
competent and qualified teams, IntegraGen is a leading player in
DNA sequencing services and genomic data interpretation software.
The company runs one of the largest NGS labs in France and operates
for research institutes of excellence. As part of OncoDNA group,
IntegraGen leverages the power of next generation sequencing with
the mission of delivering the promise of precision medicine to
patients. IntegraGen has about 55 employees and generated €12,6
million of turnover in 2022. Based in France, IntegraGen is part of
the Belgian OncoDNA group present in Spain, UK, Germany and works
with an international network of 35 distributors. The Group also
provides biomarker testing and clinical interpretation tools to
guide treatment and monitoring of latestage solid tumors and
accelerate the development of new cancer drugs.
IntegraGen is listed on Euronext Growth in Paris (ISIN:
FR0010908723 – Mnemo: ALINT – Eligible PEA- PME).
For further information, connect with us on LinkedIn or
Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20230112005897/en/
INTEGRAGEN Bernard COURTIEU CEO
Pierre FLAMANT CFO contact@integragen.com +33 (0)1 60 91 09
00
NEWCAP Investor and Media Relations Louis-Victor
DELOUVRIER integragen@newcap.eu +33 (0)1 44 71 98 53
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