Business Summary: Read Gene SA is a Poland-based company primarily engaged in the biotechnology sector. The Company is focused on research and technologies which aim is to detect, prevent and treat malignant tumors. The company's main segments are chemoprevention, clinical trials and genetic testing which are complementary to each other. Chemoprevention involves the use of natural or synthetic substances to inhibit, reverse or delay the process of cancer and in order to achieve that, the Company distributes supplements and food with products with a controlled content of micronutrients and vitamins. The Company provides clinical trials and offers them to corporate clients, mainly from the medical, pharmaceutical, chemical and biotechnology industries. The Company is also offering genetic testing services, including early lung cancer detection test, breast cancer test, colorectal cancer test or prostate cancer risk test.
Financial Summary: BRIEF: For the three months ended 31 March 2026, Read Gene SA revenues increased 9% to PLN3.9M. Net income totaled PLN883K vs. loss of PLN298K. Revenues reflect Sales of Goods & Materials - Net increase of 34% to PLN32K. Net Income reflects Third Party Services decrease of 48% to PLN1.2M (expense), Reported Other Operating Expense decrease of 2% to PLN15K (expense), Interest Expense remaining flat at PLN0K.