IM8 Daily Ultimate Essentials

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Prenetics Announces Second Quarter 2025 Financial Results with IM8 on Track to Achieve $100M Annual Recurring Revenue by Year’s End
Globenewswire· 2025-09-12 12:30
Financial Performance - Company reported a revenue of $32.3 million for the first half of 2025, reflecting a year-over-year increase of 452.1% compared to the first half of 2024 [1][5] - In the second quarter of 2025, revenue reached $17.7 million, an increase of 594.9% compared to the second quarter of 2024 [5][30] - Gross profit for the first half of 2025 was $13.2 million, up 166.4% from the same period in 2024 [5] - Adjusted EBITDA loss for the first half of 2025 was $(8.7) million, which is an increase of 45.4% compared to the first half of 2024 [5] Business Unit Performance - IM8 generated $15.5 million in revenue for the first half of 2025, with a monthly revenue of $5.9 million in August 2025, indicating a CAGR of over 3,100% [6][12] - Europa and CircleDNA contributed $12.0 million and $4.8 million, respectively, to the first half revenue [13][36] - IM8's revenue in the second quarter was $9.8 million, a 70% increase over the first quarter of 2025 [5] Strategic Initiatives - Company has initiated a disciplined Bitcoin treasury strategy, acquiring a total of 228 Bitcoin as of September 10, 2025, with an unrealized gain of approximately $1.6 million [15][16] - Prenetics aims to achieve break-even by Q1 2026 and has increased its full-year 2025 revenue guidance to a range of $85 - $100 million [17][18] Market Position and Brand Development - IM8 has rapidly emerged as one of the fastest-growing supplement brands globally, with over 8 million servings delivered and more than 300,000 customer orders [10][12] - The brand's marketing efforts, including a partnership with Aryna Sabalenka, have significantly enhanced its visibility, generating 233 million views during the US Open [10][11] Financial Health - As of September 10, 2025, the company held $90 million in cash and Bitcoin, remaining debt-free [2][5] - Adjusted current assets were reported at $90.3 million, including $63.5 million in cash [5][38]
Prenetics Announces Second Quarter 2025 Financial Results with IM8 on Track to Achieve $100M Annual Recurring Revenue by Year's End
Globenewswire· 2025-09-12 12:30
Core Insights - Prenetics Global Limited reported a significant revenue growth of 452.1% year-over-year, reaching $32.3 million in the first half of 2025 [1][5] - The company achieved a remarkable monthly revenue of $5.9 million in August 2025 for its IM8 brand, with a compound annual growth rate (CAGR) exceeding 3,100% [1][12] - Prenetics has increased its full-year 2025 revenue guidance to a range of $85 million to $100 million and anticipates reaching break-even by Q1 2026 [1][17] Financial Performance - In Q2 2025, Prenetics generated $17.7 million in revenue, marking a 594.9% increase compared to Q2 2024 [5] - The gross profit for Q2 2025 was $7.3 million, up 233.5% from the same quarter in the previous year [5] - The adjusted EBITDA loss for Q2 2025 was $(4.1) million, a decrease of 8.7% compared to Q1 2025 [5] - The total loss for Q2 2025 was $(10.9) million, reflecting a 22.7% increase from Q2 2024 [5] Business Unit Performance - IM8 generated $9.8 million in revenue for Q2 2025, a 70% increase over Q1 2025 [5] - Europa and CircleDNA contributed $5.7 million and $2.2 million in revenue, respectively, for Q2 2025 [5] - For the first half of 2025, IM8's revenue was $15.5 million, while Europa and CircleDNA generated $12.0 million and $4.8 million, respectively [13] Strategic Initiatives - Prenetics has initiated a disciplined Bitcoin treasury strategy, acquiring a total of 228 Bitcoin, with a daily accumulation of 1 BTC starting August 2025 [1][15] - The company holds a strong cash position of $90 million, including $26.1 million in Bitcoin, and remains debt-free [2][5] - Prenetics aims to enhance shareholder value through its strategic focus on both health and wealth optimization [2] Market Position and Growth Potential - IM8 has positioned itself as one of the fastest-growing supplement brands globally, with over 8 million servings delivered and more than 300,000 customer orders [12][10] - The brand's marketing efforts, including a partnership with Aryna Sabalenka, have significantly increased brand awareness, generating 233 million views during the US Open [10] - The company is optimistic about future product launches that will further solidify IM8's leadership in premium nutrition and longevity solutions [11]
World No. 1 Tennis Star Aryna Sabalenka Joins Prenetics’ IM8 Health as Global Ambassador and Shareholder
Globenewswire· 2025-06-26 08:30
Core Insights - Prenetics Global Limited announced a partnership between its premium supplements brand IM8 and world No. 1 tennis player Aryna Sabalenka, who becomes the brand's global ambassador and shareholder [1][6][12] - This partnership is significant as it marks the first endorsement of a supplement brand by Sabalenka, who has reported substantial benefits from using IM8's Daily Ultimate Essentials [3][4][5] Company Overview - Prenetics is a leading consumer health sciences company listed on NASDAQ under the ticker PRE, focusing on advancing consumer health through various initiatives, including IM8 [10] - IM8, co-founded by David Beckham, has rapidly grown to generate over US$50 million in Annual Recurring Revenue within just six months of its launch [6][8] - IM8 has built a loyal customer base of over 60,000 users, delivering more than 5 million servings of its products [6][8] Product Details - IM8's flagship product, Daily Ultimate Essentials, is designed to replace 16 different supplements with a single, NSF Certified for Sport® powder supplement [11] - The product is non-GMO, vegan, free from common allergens, and contains no artificial flavors, colors, or sweeteners [11] Market Context - The partnership comes at a time when supplement safety and quality are critical issues in professional sports, with IM8's NSF Certified for Sport® designation ensuring rigorous testing for prohibited substances [7] - IM8's revenue growth trajectory exceeds typical benchmarks for successful supplement launches by 500%, indicating strong market demand and acceptance [8]
World No. 1 Tennis Star Aryna Sabalenka Joins Prenetics' IM8 Health as Global Ambassador and Shareholder
GlobeNewswire News Room· 2025-06-26 08:30
Core Insights - Prenetics Global Limited announced a partnership between its premium supplements brand IM8 and world No. 1 tennis player Aryna Sabalenka, who becomes the brand's global ambassador and shareholder [1][6][12] - This partnership is significant as it marks the first endorsement of a supplement brand by Sabalenka, who has reported substantial benefits from using IM8's Daily Ultimate Essentials [3][4][6] Company Overview - Prenetics is a leading consumer health sciences company listed on NASDAQ under the ticker PRE, focusing on advancing consumer health through innovative products [10] - IM8, co-founded by David Beckham, is a rapidly growing health and wellness brand that has achieved over US$50 million in Annual Recurring Revenue within six months of its launch [6][8][11] Product Details - IM8's flagship product, Daily Ultimate Essentials, is designed to replace 16 different supplements with a single, NSF Certified for Sport® powder supplement, ensuring safety and efficacy for athletes [11][12] - The product has gained a loyal customer base of over 60,000 users, who have consumed more than 5 million servings [6][8] Market Position - IM8 is recognized as one of the fastest-growing supplement brands globally, with its revenue velocity exceeding typical benchmarks for successful launches by 500% [8] - The partnership with Sabalenka comes at a time when supplement safety and quality are critical issues in professional sports, highlighting the importance of IM8's NSF certification [7][8] Athlete Endorsement - Aryna Sabalenka's personal experience with IM8 has led her to not only endorse the brand but also invest in it, reflecting her confidence in the product's quality and effectiveness [5][7] - The collaboration emphasizes the alignment of Sabalenka's values of athletic excellence and professionalism with IM8's commitment to quality and innovation [7][9]