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Trinity Biotech | 6-K: Report of foreign private issuer (related to financial reporting)

Trinity Biotech | 6-K: Report of foreign private issuer (related to financial reporting)

Trinity Biotech | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  2024/09/05 10:57

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Trinity Biotech reported a net loss of $24.0M for 2023, with revenues declining 9.1% to $56.8M. The decrease was mainly due to lower PCR Viral Transport Media sales, reduced laboratory services revenue, and lower haemoglobins revenues. The company recorded impairment charges of $11.1M primarily related to Immco Diagnostics.In January 2024, Trinity acquired Waveform Technologies' CGM assets for $12.5M in cash and 1.8M ADSs, plus contingent consideration up to $20M. The company also secured an amended credit agreement with Perceptive providing $22M additional funding, with $12.5M used for the Waveform acquisition and $9.5M for CGM development.The company announced a comprehensive transformation plan targeting operational efficiency through manufacturing consolidation, cost reductions, and business support function centralization. In April 2023, Trinity divested its Fitzgerald Industries business for approximately $30M, resulting in a $12.7M gain.
Trinity Biotech reported a net loss of $24.0M for 2023, with revenues declining 9.1% to $56.8M. The decrease was mainly due to lower PCR Viral Transport Media sales, reduced laboratory services revenue, and lower haemoglobins revenues. The company recorded impairment charges of $11.1M primarily related to Immco Diagnostics.In January 2024, Trinity acquired Waveform Technologies' CGM assets for $12.5M in cash and 1.8M ADSs, plus contingent consideration up to $20M. The company also secured an amended credit agreement with Perceptive providing $22M additional funding, with $12.5M used for the Waveform acquisition and $9.5M for CGM development.The company announced a comprehensive transformation plan targeting operational efficiency through manufacturing consolidation, cost reductions, and business support function centralization. In April 2023, Trinity divested its Fitzgerald Industries business for approximately $30M, resulting in a $12.7M gain.
Trinity Biotech在2023年报告净亏损2400万美元,营业收入下降9.1%,至5680万美元。下降主要是由于PCR病毒运输介质销售减少、实验室服务收入减少和血红蛋白收入下降。公司确认针对Immco Diagnostics的减值损失为1110万美元。在2024年1月,Trinity以1250万美元现金和180万ADS收购Waveform Technologies的CGm资产,并附带最高可达2000万美元的或有对价。公司还与Perceptive达成修订的信用协议,提供2200万美元的额外融资,其中1250万美元用于Waveform收购,950万美元用于CGm开发。公司宣布了一项全面的转型计划,旨在通过制造业-半导体整合、成本削减和业务支持功能集中化来提高运营效率。2023年4月,Trinity以约3000万美元出售了Fitzgerald Industries业务,获得了1270万美元的收益。
Trinity Biotech在2023年报告净亏损2400万美元,营业收入下降9.1%,至5680万美元。下降主要是由于PCR病毒运输介质销售减少、实验室服务收入减少和血红蛋白收入下降。公司确认针对Immco Diagnostics的减值损失为1110万美元。在2024年1月,Trinity以1250万美元现金和180万ADS收购Waveform Technologies的CGm资产,并附带最高可达2000万美元的或有对价。公司还与Perceptive达成修订的信用协议,提供2200万美元的额外融资,其中1250万美元用于Waveform收购,950万美元用于CGm开发。公司宣布了一项全面的转型计划,旨在通过制造业-半导体整合、成本削减和业务支持功能集中化来提高运营效率。2023年4月,Trinity以约3000万美元出售了Fitzgerald Industries业务,获得了1270万美元的收益。
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