MDxHealth SA (MDXH)

MDxHealth Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	90.05	70.19	37.05	22.24	18.46
Revenue Growth (YoY)	28.29%	89.43%	66.62%	20.47%	56.64%
Cost of Revenue	34.91	26.26	17.84	11.68	10.42
Gross Profit	55.14	43.93	19.22	10.56	8.04
Selling, General & Admin	63.78	59.93	49.01	31.37	30.74
Research & Development	10.55	6.38	5.45	5.59	4.27
Other Operating Expenses	0.62	0.46	0.07	-0.12	-0.12
Operating Expenses	79.86	71.26	57.71	38.45	34.89
Operating Income	-24.72	-27.33	-38.49	-27.88	-26.85
Interest Expense	-7.63	-5.58	-2.64	-1.88	-1.35
Interest & Investment Income	1.08	1.09	0.13	0.01	0
Other Non Operating Income (Expenses)	0.62	-2.12	-0.19	-0.1	-0.19
EBT Excluding Unusual Items	-30.66	-33.95	-41.19	-29.85	-28.39
Asset Writedown	-	-	-0.04	-	-0.27
Other Unusual Items	-7.03	-9.15	-2.81	0.85	-
Pretax Income	-37.69	-43.1	-44.04	-29	-28.66
Income Tax Expense	0.38	0	-	-	-
Net Income	-38.07	-43.1	-44.04	-29	-28.66
Net Income to Common	-38.07	-43.1	-44.04	-29	-28.66
Shares Outstanding (Basic)	33	26	16	12	8
Shares Outstanding (Diluted)	33	26	16	12	8
Shares Change (YoY)	26.82%	63.31%	30.12%	46.56%	32.95%
EPS (Basic)	-1.16	-1.66	-2.78	-2.38	-3.44
EPS (Diluted)	-1.16	-1.66	-2.78	-2.38	-3.44
Free Cash Flow	-19.72	-24.24	-36.91	-23.44	-20.78
Free Cash Flow Per Share	-0.60	-0.94	-2.33	-1.92	-2.50
Gross Margin	61.23%	62.58%	51.87%	47.50%	43.58%
Operating Margin	-27.45%	-38.93%	-103.87%	-125.37%	-145.45%
Profit Margin	-42.28%	-61.40%	-118.86%	-130.41%	-155.27%
Free Cash Flow Margin	-21.90%	-34.54%	-99.60%	-105.42%	-112.57%
EBITDA	-18.96	-22.18	-33.58	-24.85	-24.29
EBITDA Margin	-21.05%	-31.59%	-90.62%	-111.72%	-131.58%
D&A For EBITDA	5.77	5.15	4.91	3.04	2.56
EBIT	-24.72	-27.33	-38.49	-27.88	-26.85
EBIT Margin	-27.45%	-38.93%	-103.87%	-125.37%	-145.45%
Revenue as Reported	-	-	-	22.24	18.46

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q