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

Q1 2026 MDxHealth SA Earnings Call Transcript

May 13, 2026 / 08:30 PM GMT
Release Date Price: $1.95 (+4.28%)

Key Points

Positve
  • MDxHealth SA (MDXH) achieved significant revenue growth from $11 million in 2019 to $108 million in 2025.
  • The company improved its gross margins from the 20s to the mid-60s, reaching adjusted EBITDA profitability prior to acquiring the EXODX business.
  • MDxHealth SA (MDXH) is focusing on its core prostate cancer precision diagnostics, which is expected to drive scalable value.
  • The company has initiated an AI-dedicated strategic initiative to enhance operating efficiency and maximize clinical value.
  • MDxHealth SA (MDXH) reported a solid balance sheet with cash and cash equivalents totaling $43.2 million as of March 31, 2026.
Negative
  • MDxHealth SA (MDXH) decided to discontinue its Resolve UTI offering due to an uncertain reimbursement landscape.
  • The company received a communication from Novitas seeking up to $10.4 million in recoupments of historical resolved testing claims.
  • MDxHealth SA (MDXH) reported a pro forma operating loss of $7.9 million for the quarter, compared to a pro forma operating loss of $4.7 million for the prior year.
  • The statutory as-reported net loss was $8.9 million, with a pro forma net loss of $9.4 million.
  • The company anticipates potential restructuring expenses related to ceasing operations at its laboratory facility in Plano, Texas.


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

MDXH.OQ - MDxHealth SA
Q1 2026 MDxHealth SA Earnings Call
May 13, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Please stand by, your meeting is about to begin.

Good afternoon, everyone, and welcome to today's MDX Health first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. To register to ask a question at any time, please press star one on your telephone. To remove yourself from the queue, press star two. Please note, today's call is being recorded, and it is now my pleasure to turn the meeting over to Mr. John Francis. Please go ahead, sir.

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Unidentified_2 [2]
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