MDxHealth
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 11.8m | 18.4m | 22.2m | 37.1m | 71.5m | 82.5m | 96.8m |
% growth | (58 %) | 56 % | 21 % | 67 % | 93 % | 15 % | 17 % |
EBITDA | (39.9m) | (24.0m) | (23.9m) | (33.0m) | (20.9m) | (13.2m) | (<1m) |
% EBITDA margin | (339 %) | (131 %) | (107 %) | (89 %) | (29 %) | (16 %) | - |
Profit | (43.1m) | (28.7m) | (29.0m) | (44.0m) | (42.9m) | (26.4m) | (13.2m) |
% profit margin | (366 %) | (156 %) | (130 %) | (119 %) | (60 %) | (32 %) | (14 %) |
EV / revenue | 5.8x | 4.0x | 6.5x | 2.9x | 1.4x | 2.4x | 2.1x |
EV / EBITDA | -1.7x | -3.1x | -6.0x | -3.3x | -4.6x | -14.9x | -990.4x |
R&D budget | 9.0m | 4.5m | 6.7m | 7.6m | - | - | - |
R&D % of revenue | 76 % | 25 % | 30 % | 20 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
N/A | Post IPO Equity | ||
€160k | Grant | ||
$23.6m | Post IPO Equity | ||
* | N/A | €36.0m | Post IPO Equity |
€50.0k | Grant | ||
* | N/A | €9.0m | Post IPO Equity |
* | $13.8m | Post IPO Equity | |
N/A | $45.0m | Secondary | |
* | $35.0m | Post IPO Debt | |
* | N/A | $40.0m | Post IPO Equity |
Total Funding | CAD315k |
Related Content
Recent News about MDxHealth
EditMdxhealth is a commercial stage precision diagnostics company specializing in providing actionable molecular diagnostic information to personalize the diagnosis and treatment of prostate cancer and other urologic diseases. The company operates in the healthcare sector, specifically focusing on urologic oncology. Mdxhealth serves healthcare providers, including urologists and oncologists, by offering advanced diagnostic tests that utilize proprietary genetic, epigenetic methylation, and other molecular technologies. These tests assist physicians in making informed decisions regarding the diagnosis and prognosis of prostate cancer, helping to determine the most appropriate course of treatment for patients.
Mdxhealth's business model revolves around the development, validation, and commercialization of its diagnostic tests. The company generates revenue through the sale of these tests to healthcare providers and institutions. By offering precise and personalized diagnostic solutions, Mdxhealth aims to improve patient outcomes and optimize treatment strategies, thereby addressing a critical need in the market for more accurate and individualized cancer diagnostics.
Keywords: precision diagnostics, molecular technologies, prostate cancer, urologic diseases, genetic testing, epigenetic methylation, personalized treatment, healthcare providers, oncology, diagnostic tests.