{"id":885,"date":"2022-08-19T00:00:00","date_gmt":"2022-08-19T00:00:00","guid":{"rendered":"https:\/\/www.lunit.io\/media-hub\/lunit-announces-financial-results-for-the-first-half-of-2022\/"},"modified":"2022-08-19T00:00:00","modified_gmt":"2022-08-19T00:00:00","slug":"lunit-announces-financial-results-for-the-first-half-of-2022","status":"publish","type":"media-hub","link":"https:\/\/www.lunit.io\/en\/media-hub\/lunit-announces-financial-results-for-the-first-half-of-2022\/","title":{"rendered":"Lunit Announces Financial Results for the First Half of 2022"},"content":{"rendered":"<ul>\n<li>\n<p>Consolidated revenue in the second quarter of 2022 increased by 190% compared to same prior-year period<\/p>\n<\/li>\n<li>\n<p>Total revenue for H1 2022 amounted to KRW 5.48 billion, or 82.5% of the total revenue of last year<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n<p><\/p>\n<p><\/p>\n<p><strong>[SEOUL, South Korea, Aug. 12, 2022]<\/strong>Lunit (KRX: 328130.KQ), a global provider of AI-powered cancer solutions, today announced strong financial results for the second quarter of the fiscal year 2022.<\/p>\n<p><\/p>\n<p>\u201cThrough a strong overseas performance in the first half of this year, Lunit achieved more than 80% of last year\u2019s total sales within the first half of 2022,\u201d said Brandon Suh, CEO of Lunit. \u201cWith more partnerships to come and the annual health examination season coming up in the third and fourth quarters, we expect our revenue to increase significantly during the second half of the year.\u201d<\/p>\n<p>Reporting under a consolidated basis, Lunit recorded a cumulative revenue of KRW 5.48 billion for the first half of 2022, reaching 82.5% of total sales for the previous year. H1 revenue for 2022 more than tripled compared to the same prior-year period (KRW 1.42 billion) and the proportion of overseas sales jumped from 66.8% to 84.3% year-over-year.<\/p>\n<p>Lunit\u2019s second quarter 2022 revenue was KRW 2.51 billion, up 190% from the prior-year period (KRW 863 million), among which overseas revenue accounted for 80.6%.<\/p>\n<p><img decoding=\"async\" src=\"\/en\/wp-content\/uploads\/EDITOR\/f50f0a57-496f-4609-a601-38829e3edb46.png#1384\"><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"template":"","media-hub-type":[37],"class_list":["post-885","media-hub","type-media-hub","status-publish","hentry","media-hub-type-corporate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lunit Announces Financial Results for the First Half of 2022 - Lunit<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lunit.io\/en\/media-hub\/lunit-announces-financial-results-for-the-first-half-of-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lunit Announces Financial Results for the First Half of 2022 - Lunit\" \/>\n<meta property=\"og:description\" content=\"Consolidated revenue in the second quarter of 2022 increased by 190% compared to same prior-year period Total revenue for H1 2022 amounted to KRW 5.48 billion, or 82.5% of the total revenue of last year [SEOUL, South Korea, Aug. 12, 2022]Lunit (KRX: 328130.KQ), a global provider of AI-powered cancer solutions, today announced strong financial results [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lunit.io\/en\/media-hub\/lunit-announces-financial-results-for-the-first-half-of-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Lunit\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@lunit_ai\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.lunit.io\/en\/media-hub\/lunit-announces-financial-results-for-the-first-half-of-2022\/\",\"url\":\"https:\/\/www.lunit.io\/en\/media-hub\/lunit-announces-financial-results-for-the-first-half-of-2022\/\",\"name\":\"Lunit Announces Financial Results for the First Half of 2022 - 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