RE: ProActive One2One Investor Forum28 Jun 2025 07:53
Roger - they are months away from cost/revenue break even so the question is how do they get there. No chance given the direction of travel for the appetite (both UK and International) of their tests, the NHS investment to date and the regulatory approvals , they wont make it - I think they have enough cash until October and that's without factoring in revenue from March until now and forward revenue from now until October. We know what this revenue is but what we don't know is the unknown revenue (i.e from international and UK hospitals that have ordered the tests). We also know the NICE guidance is due any day for the implementation of CYP2C19 national testing and PCT's will play a major role in this. As Jimi pointed out the forecasts for annual CYP2C19 testing in the UK has just been upgraded to 18m so even a modest % of this market will completely transform the fortunes of the company. That's why I wouldn't be surprised if a predator got in early to take out the company given the potential and imminent income from both the UK and Internationally. Exciting times ahead. I wouldn't be surprised if we heard about the implementation plans from NICE this week (I note they have updated their website to confirm the pilot is over and the findings are being considered).