Financials in USD. Standardized financial statements.
A compact view of how MDxHealth S.A. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $107.88M | $90.05M | $70.19M | $37.05M | $22.24M | $18.46M | $11.79M | $28.34M | $40.51M | $29.87M |
| Revenue Growth? | +19.8% | +28.3% | +89.4% | +66.6% | +20.5% | +56.6% | -58.4% | -30.0% | +35.6% | 0.0% |
| Cost of Revenue? | $43.43M | $34.91M | $26.26M | $17.84M | $11.68M | $10.42M | $11.93M | $11.65M | $10.20M | $10.10M |
| Gross Profit? | $64.44M | $55.14M | $43.93M | $19.22M | $10.56M | $8.04M | -$144,000 | $16.69M | $30.30M | $19.76M |
| Gross Margin? | +59.7% | +61.2% | +62.6% | +51.9% | +47.5% | +43.6% | -1.2% | +58.9% | +74.8% | +66.2% |
| Operating Expenses? | $79.84M | $79.86M | $71.26M | $57.12M | $37.41M | $35.17M | $43.02M | $48.78M | $42.58M | $32.61M |
| Operating Income? | -$15.40M | -$24.72M | -$27.33M | -$37.90M | -$26.84M | -$27.12M | -$43.17M | -$32.10M | -$12.27M | -$12.85M |
| EBITDA? | -$6.19M | -$22.02M | -$30.47M | -$36.39M | -$24.09M | -$23.98M | -$39.74M | -$29.47M | -$10.19M | -$11.57M |
| Income Before Tax | -$35.38M | -$37.69M | -$43.10M | -$44.04M | -$29.00M | -$28.66M | -$43.67M | -$32.49M | -$12.40M | -$13.29M |
| Income Tax Expense | -$1.86M | $382,000 | $1,000 | $0 | $0 | $0 | -$575,000 | -$41,000 | -$113,000 | -$113,000 |
| Net Income? | -$33.52M | -$38.07M | -$43.10M | -$44.04M | -$29.00M | -$28.66M | -$43.10M | -$32.45M | -$12.29M | -$13.17M |
| EPS? | $-0.67 | $-0.78 | $-1.66 | $-2.78 | $-2.38 | $-3.44 | $-6.89 | $-5.63 | $-2.46 | $-2.86 |
| Diluted EPS? | $-0.67 | $-1.16 | $-1.66 | $-2.78 | $-2.38 | $-3.44 | $-6.89 | $-5.63 | $-2.46 | $-2.86 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality