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Revenues from contracts with customers
3 Months Ended
Mar. 31, 2020
Revenues from contracts with customers  
Revenues from contracts with customers

4 Revenues from contracts with customers

 

 

 

 

 

 

 

 

in EUR k

 

Three months ended March 31, 2019

 

    

Pharmaceutical

    

Diagnostics

    

Total

Rendering of services

 

3,806

 

6,585

 

10,391

Sales of goods

 

324

 

 —

 

324

Total Revenues from contracts with external customers

 

4,130

 

6,585

 

10,715

 

 

 

 

 

 

 

Recognized over time

 

3,456

 

6,585

 

10,041

Recognized at a point in time

 

674

 

 —

 

674

Total Revenues from contracts with external customers

 

4,130

 

6,585

 

10,715

 

 

 

 

 

 

 

Geographical information

 

 

 

 

 

 

Europe

 

 2

 

1,528

 

1,530

—Germany*

 

 —

 

62

 

62

Middle East

 

 —

 

3,522

 

3,522

—Saudi Arabia#

 

 —

 

1,687

 

1,687

North America

 

4,128

 

677

 

4,805

—United States#

 

4,128

 

408

 

4,536

Latin America

 

 —

 

638

 

638

Asia Pacific

 

 —

 

220

 

220

Total Revenues from contracts with external customers

 

4,130

 

6,585

 

10,715

 

* country of the incorporation of Centogene AG

#  countries contributing more than 10% of the Group’s  total consolidated revenues for the three months ended March 31, 2019

 

 

 

 

 

 

 

 

in EUR k

 

Three months ended March 31, 2020

 

    

Pharmaceutical

    

Diagnostics

    

Total

Rendering of services

 

4,274

 

7,555

 

11,829

Sales of goods

 

276

 

 —

 

276

Total Revenues from contracts with external customers

 

4,550

 

7,555

 

12,105

 

 

 

 

 

 

 

Recognized over time

 

4,274

 

7,555

 

11,829

Recognized at a point in time

 

276

 

 —

 

276

Total Revenues from contracts with external customers

 

4,550

 

7,555

 

12,105

 

    

 

 

 

 

 

Geographical information

 

 

 

 

 

 

Europe

 

44

 

1,617

 

1,661

—Germany*

 

19

 

73

 

92

Netherlands**

 

 —

 

 3

 

 3

Middle East

 

 3

 

4,415

 

4,418

—Saudi Arabia#

 

 —

 

3,033

 

3,033

North America

 

4,503

 

620

 

5,123

—United States#

 

4,503

 

471

 

4,974

Latin America

 

 —

 

746

 

746

Asia Pacific

 

 —

 

157

 

157

Total Revenues from contracts with external customers

 

4,550

 

7,555

 

12,105

 

*  country of the incorporation of Centogene AG

** country of the incorporation of Centogene N.V.

#  countries contributing more than 10% of the Group’s  total consolidated revenues for the three months ended March 31, 2020

We collaborated with the majority of our pharmaceutical partners on a worldwide basis in 2019 and 2020. In addition, in cases where our pharmaceutical partners are developing a new rare disease treatment, it is generally anticipated that the final approved treatment will be made available globally. As a result, we allocate the revenues of our pharmaceutical segment by geographical region by reference to the location where each pharmaceutical partner mainly operates, which is based on the region from which most of their revenues are generated. The allocation of revenues in our diagnostics segment is based on the location of each customer.

During the three months ended March 31, 2020, revenues from one pharmaceutical partner represented 26.4% of the Group's total revenues (the three months ended March 31, 2019: 27.4%).

During the three months ended March 31, 2019, we have entered into a collaboration with an existing pharmaceutical partner, of which upfront fees totaling EUR 350k, representing the transaction price allocated to the one-off transfer of the Group's intellectual property, were received and recognized as revenues.  No such revenues were recognized in the three months ended March 31, 2020.

The Group recognized impairment losses on receivables and contract assets arising from contracts with customers, included under Other operating expenses in the consolidated statement of comprehensive loss, amounting to EUR 1,174k for the three months ended March 31, 2020 (for the three months ended March 31, 2019: EUR 340k).