Oxford Nanopore Technologies PLC (LSE:ONT)
£ 1.633 -0.006 (-0.37%) Market Cap: 1.54 Bil Enterprise Value: 1.32 Bil PE Ratio: 0 PB Ratio: 2.46 GF Score: 50/100

Full Year 2022 Oxford Nanopore Technologies PLC Earnings Call Transcript

Mar 21, 2023 / 12:00PM GMT
Release Date Price: £2.01 (+13.82%)
Gordon Sanghera Oxford Nanopore Technologies PLC;CEO

Good afternoon, and welcome to our 2022 full-year results presentation. I'm Gordon Sanghera, Chief Exec of Oxford Nanopore, and I have with me today Tim Cowper, our CFO. I will provide a short summary of our financial highlights for 2022 and key business highlights for the year. Tim will then walk you through our financials in more detail.

The company's vision is to enable the analysis of anything by anyone anywhere. This slide shows an overview of the company, a summary of the company. I will leave you to read that at your leisure. I would like to move directly to the results summary.

We saw continued momentum in our business in 2022. Our total revenues for 2022 were GBP198.6 million. This included a GBP51.8 million one-off legacy COVID testing LamPORE revenue DHSC contract settlement. The core life science research tools revenue was GBP146.8 million. Overall growth, including EGP and COVID sequencing, was 16%. Excluding EGP and COVID sequencing and currency, the underlying growth was 30%.

A key metric for our

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