Annual Report
2023 was an outstanding year for Castle, marked by strong growth that was propelled by our mission of improving health through innovative tests that guide patient care. Reflecting on our successes, I am extremely proud of what our team achieved,
driven by our vibrant Castle culture and the hard work and dedication of our exceptional team members.
Our outstanding performance in 2023 builds upon our long track record of delivering consistent, strong results for our stakeholders. In 2023, we grew revenue approximately 60% year-over-year to $219.8 million. Additionally, we achieved our highest
ever test volumes, delivering 70,429 test reports to patients and providers, representing more lives changed through personalized, clinically actionable test results that can improve disease management decisions. And, this growth was achieved
with judicious use of cash, i.e., net cash used in operating activities in 2023 was $5.6 million.
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