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MARKETS / NASDAQ / MDXH
NASDAQ · SERVICES-MEDICAL LABORATORIES · SMALL CAP

MDxHealth SA MDXH

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$107.9M
▲ 19.8% YoY
$-33.5M
$-3.3M
In brief

What this company does

MDxHealth SA's core menu of testing solutions includes Confirm mdx for Prostate Cancer, Genomic Prostate Score (GPS mdx), and ExoDx Prostate Test (Exo mdx), which provide DNA and RNA insights to physicians and patients regarding urologic disease and treatment options. Its Exo mdx test is a noninvasive urine test, requiring no digital rectal exam, with a 91% negative predictive value for clinically significant prostate cancer, and is used to help physicians determine whether a biopsy is advisable when a patient presents with an elevated PSA level or an abnormal DRE result. For men who proceed to a biopsy, its Confirm mdx test measures biomarker signals in the biopsied tissue and provides physicians with a 96% negative predictive value for clinically significant disease. Upon diagnosis of localized prostate cancer, its GPS mdx test measures the expression of a panel of genes in prostate cancer tissue to predict the likelihood of adverse pathology, risk of metastasis, and prostate cancer death. More than 7,000 urologists have ordered over 500,000 of the company's tests. The company processes its tests and conducts research and development at a 49,000-square-foot headquarters and laboratory facility in Irvine, California, and also maintains laboratory facilities of 8,000 square feet in Plano, Texas and 23,600 square feet in Waltham, Massachusetts. MDxHealth SA was incorporated on January 10, 2003 as a company with limited liability under the laws of Belgium.

Written from the business description in MDxHealth SA's annual report to the U.S. Securities and Exchange Commission, filed 3 April 2026. Every sentence was checked against that document before publication.

Growth
USD 107.9M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 107.9 · Net income -33.5
40M80M-20M-40M2019202020212022202320242025
Compound annual growth
+42.8%
+42.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +42.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−31 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -13.4% · Net -31.1%
-100%-200%-300%2019202020212022202320242025
ROE

Not available in our data for this period.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -3.3
-20M2019202020212022202320242025

Total assetsUSD 148.0M
CashUSD 29.0M
Current ratio1.08×

Not available: we don't have the total debt figure for this period.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.10.10.10.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B···−0.0−0.0−0.0−0.0
Income tax $B−0.00.00.00.00.00.0−0.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.67−1.16−1.66−2.78−2.38−0.34−0.69
Dividend / sh···0.850.85··
Payout %·······
ROE %·······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 3 failures in 33 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente3 failures
ActivityServices-Medical Laboratories
Listed onNASDAQ
Incorporated inoutside the United States — SEC code C9
Fiscal year endsnot stated in the filings
SEC categoryemerging growth company
Data on record since2019

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