Half Year 2023 Oxford Nanopore Technologies PLC Earnings Call Transcript
Good afternoon, and welcome to our 2023 interim results presentation. I'll provide a short summary of our financial and key business highlights for the first half of 2023. Tim will then walk you through our financials in more detail.
We are seeing strong momentum across the business. We are delivering on revenue and margin. We continue to innovate on our platform. We continue to simplify end-to-end workflows as well as launch new applications.
We've doubled our commercial headcount since the IPO to meet the growth and commercial targets that we set out at IPO. We've continued to make progress in applied market opportunities and partnerships.
So moving on and getting into a little more detail on the numbers. We saw continued momentum in our business in the first half of 2023. Our revenue for the period was GBP86 million, which is 46% underlying growth on a constant currency basis, and this is excluding EGP and COVID sequencing. The growth was driven by new customer acquisitions and increased utilization across all of
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