Codexis vs Mdxhealth SA
Mdxhealth SA is the larger business, with $108m of revenue in fiscal 2025 against $70.4m for Codexis (1.5 times as much). Mdxhealth SA grew faster (19.8% against 18.6%). Mdxhealth SA kept more of each dollar of sales as profit: a net margin of -31.1% against -62.5%.
| Latest fiscal year | CodexisCDXS, 2025 | Mdxhealth SAMDXH, 2025 |
|---|---|---|
| Revenue | $70.4m | $108m |
| Revenue growth | 18.6% | 19.8% |
| Net income | −$44.0m | −$33.5m |
| Operating margin | -59.3% | -13.4% |
| Net margin | -62.5% | -31.1% |
| Return on equity | -74.9% | — |
| Free cash flow | −$23.8m | −$3.3m |
| Cash | $50.8m | $29.0m |
| Total debt | $42.2m | $76.2m |
| Debt to equity | 83.4% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 146 | — |
| Market value | $97.3m | $7.9m |
| Price vs our value range | — | — |
| Moat score | 23 (Weak) | — |
| Insider trades, 12 months | 0 buys, 37 sales | 1 buys, 0 sales |