MDxHealth SA Reports 22.5% Increase in Revenues and Reduced Operating Loss for Q1 2025; EPS Improves to -$0.19

Reuters
2025/05/15
MDxHealth SA Reports 22.5% Increase in Revenues and Reduced Operating Loss for Q1 2025; EPS Improves to -$0.19

MDxHealth SA has released its unaudited financial results for the first quarter of 2025. The company reported revenues of $24.292 million, marking an increase from $19.834 million in the same period of 2024. The gross profit rose to $15.504 million from $12.063 million year-over-year. However, the company also reported a net loss of $9.209 million for the quarter, which widened from the $8.511 million net loss recorded in the first quarter of the previous year. The operating loss for the quarter improved to $4.588 million, compared to a loss of $6.604 million in the same period last year. General and administrative expenses increased slightly to $5.842 million from $5.359 million, while selling and marketing expenses decreased to $9.821 million from $10.028 million. Research and development expenses also saw a rise to $2.499 million from $2.164 million. From a cash flow perspective, MDxHealth reported a net cash outflow from operating activities of $2.632 million, which is a reduction from the $5.515 million outflow in the corresponding period of the previous year. In terms of investing activities, the company had a net cash inflow of $13,000, as opposed to a net cash outflow of $618,000 in the first quarter of 2024. The company also highlighted significant financing activities, reporting proceeds from loan obligations, net of fees, amounting to $24.250 million. MDxHealth continues to focus on its strategic priorities to drive growth and enhance its financial performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDxHealth SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-043292), on May 14, 2025, and is solely responsible for the information contained therein.

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