MDxHealth SA (NAS:MDXH)
$ 0.44 -0.019 (-4.11%) Market Cap: 22.66 Mil Enterprise Value: 85.39 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 40/100

Q3 2025 MDxHealth SA Earnings Call Transcript

Nov 12, 2025 / 09:30 PM GMT
Release Date Price: $4.12 (-7.42%)

Key Points

Positve
  • MDxHealth SA (MDXH) reported an 18% revenue growth in Q3 2025, reaching $27.4 million compared to the previous year.
  • The company achieved a positive adjusted EBITDA of $1 million in Q3, marking its second consecutive profitable quarter.
  • Gross margins improved to 65.2% from 61.2% in the previous year, attributed to improved efficiencies and test mix.
  • The acquisition of the exosome diagnostics business positions MDxHealth SA (MDXH) as a leader in precision diagnostics in urology.
  • The sales organization expanded from 50 to 60 direct sales reps, optimizing cross-selling opportunities and enhancing customer engagement.
Negative
  • The company decided to forego its previously planned germline offering, impacting expected revenue contributions for the second half of the year.
  • Despite the acquisition, MDxHealth SA (MDXH) maintained its revenue guidance, indicating potential conservatism or challenges in realizing immediate revenue growth from the acquisition.
  • There was a noted sequential decline in average selling price (ASP) for tissue-based tests, raising concerns about pricing stability.
  • The integration of the exosome diagnostics business requires significant focus and resources, potentially diverting attention from other growth initiatives.
  • The company experienced a slight increase in operating expenses, up 1% year-to-date, while absorbing acquisition-related costs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MDXH.OQ - MDxHealth SA
Q3 2025 MDxHealth SA Earnings Call
Nov 12, 2025 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning ladies and gentlemen, and welcome to the MDX Health 3rd quarter 2025 earnings conference call.

At this time, all participants are in the listen-only mode. Following the presentation this morning, they will be in question answer session.

To ask a question, we press star and then one on your touchstone phone.

To withdraw your question, we press star and 2.

As a reminder, this call is being recorded.

I would now like to hand over the conference to John Francis from Lifesty Advisors.

Thank you and over to you.

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Unidentified_2 [2]
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