Mdxhealth SA income statement
In fiscal 2025, Mdxhealth SA reported revenue of $108m, up 19.8% on the year before, operating income of −$14.4m (a -13.4% margin) and net income of −$33.5m, or −$0.67 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 12 | 18 | 22 | 37 | 70 | 90 | 108 |
| Cost of revenue | 12 | 10 | 12 | 18 | 26 | 35 | 38 |
| Gross profit | 0 | 8 | 11 | 19 | 44 | 55 | 70 |
| Research and development | 9 | 5 | 6 | 5 | 6 | 11 | 10 |
| General and administrative | — | — | — | 4 | — | — | — |
| Operating income | −43 | −27 | −27 | −38 | −27 | −25 | −14 |
| Interest expense | 0 | 0 | 2 | 1 | 0 | 0 | 1 |
| Income before tax | −44 | −29 | −29 | −44 | −43 | −38 | −35 |
| Income tax | −1 | 0 | 0 | 0 | 0 | 0 | −2 |
| Net income | −43 | −29 | −29 | −44 | −43 | −38 | −34 |
| Diluted EPS | −$0.69 | $0.34 | $2.38 | −$2.78 | −$1.66 | −$1.16 | −$0.67 |
| Diluted shares (average) | 2m | 83m | 12m | 16m | 26m | 33m | 50m |
| EBITDA | −42 | −26 | −26 | −35 | −23 | −20 | −9 |
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