XML 23 R10.htm IDEA: XBRL DOCUMENT v3.22.2
Segment information
3 Months Ended
Mar. 31, 2022
Segment information  
Segment information

5 Segment information

in EUR k

For the three months ended March 31, 2022

    

Pharmaceutical

    

Diagnostics

    

Corporate

    

Total

Total Revenues from contracts with external customers

3,235

7,092

10,327

Adjusted EBITDA

 

1,099

812

(11,964)

(10,053)

Capital Expenditures

 

Additions to property, plant and equipment and right-of-use assets

 

79

79

Additions to intangible assets

 

29

15

44

Other segment information

 

Depreciation and amortization

127

441

1,795

2,363

Research and development expenses

 

4,614

4,614

in EUR k

For the three months ended March 31, 2021

    

Pharmaceutical

    

Diagnostics

    

Corporate

    

Total

Total Revenues from contracts with external customers

3,598

6,383

9,981

Adjusted EBITDA

 

1,497

1,054

(12,020)

(9,469)

Capital Expenditures

 

Additions to property, plant and equipment and right-of-use assets

 

6

234

314

554

Additions to intangible assets

 

322

650

972

Other segment information

 

Depreciation and amortization

414

406

1,539

2,359

Research and development expenses

 

4,335

4,335

Adjusted EBITDA

Adjustments to income/ loss include non-cash charges in relation to depreciation, amortization (including impairments), and share-based payments as well as net financial costs and income taxes. Certain costs, and related income, are not allocated to the reporting segment results and represent the residual operating activities of the Group reported as ‘Corporate’. These include financing costs which is largely composed of costs related to the Oxford Loan Facility (as defined below), corporate overheads, which are responsible for centralized functions such as communications, information technology, facilities, legal, finance and accounting, insurance (D&O), human resources, business development and strategic initiatives, certain professional and consulting services, procurement, research and development and other supporting activities.

Decreases in corporate expenses for the three months ended March 31, 2022 are mainly due to decreased personnel costs, legal, administrative, IT support and data center costs.

Reconciliation of segment Adjusted EBITDA to Group loss before taxes from continuing operations

For the three months ended March 31

    

2022

    

2021

Reported segment Adjusted EBITDA

 

1,911

 

2,551

Corporate expenses

 

(11,964)

 

(12,020)

 

(10,053)

 

(9,469)

Share-based payment (true-up)/ expenses (Note 12)

 

1,957

 

(2,042)

Depreciation and amortization

 

(2,363)

 

(2,359)

Operating loss from continuing operations

 

(10,459)

 

(13,870)

Financial costs, net

 

(620)

 

(259)

Loss before taxes from continuing operations for the three months ended March 31

 

(11,079)

 

(14,129)

Non-current asset locations

Non-current assets of the Group consist of right-of-use assets (under IFRS 16), property, plant and equipment, as well as intangible assets. All of such assets are located in Germany, which is the country of the business address of Centogene GmbH, except for property, plant and equipment of EUR 132k (December 31, 2021: EUR 147k) and right-of-use assets of EUR 69k (December 31, 2021: EUR 137k), which are located in the United States.