MDxHealth financials

Also U.S.-listed. MDxHealth is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: MDXH — MDXHEALTH SA

MDxHealth

Country: BE Reporting currency: USD Latest annual report: 2022-12-31
LEI: 549300J3MG9F9B5FY646
Source filing ↗
Financial statements (USD, as reported — unscaled; 80 line items across 2 annual periods)
Line item 20222021
Income statement
Revenue $37.1M$22.2M
Cost of sales $17.8M$11.7M
Gross profit $19.2M$10.6M
Operating profit (EBIT) -$37.9M-$26.8M
Finance costs $6.1M$2.2M
Profit before tax -$44.0M-$29.0M
Income tax expense $0$0
Profit for the year -$44.0M-$29.0M
Total comprehensive income -$43.5M-$28.7M
Per share
Basic EPS $-0.28$-0.24
Free cash flow / share $-0.23$-0.19
Cash flow statement
Net cash from operating activities -$34.1M-$22.5M
Net cash from investing activities -$29.2M-$896.0K
Purchase of PP&E (capex) $2.8M$896.0K
Purchase of intangibles $1.4M$0
Net cash from financing activities $20.8M$66.5M
Proceeds from borrowings $34.3M$0
Repayments of borrowings $10.8M$0
Lease liability payments $1.4M$1.1M
Net change in cash -$42.4M$43.1M
Balance sheet
Total assets $119.1M$75.1M
Non-current assets $90.0M$8.5M
Property, plant & equipment $3.8M$1.7M
Right-of-use assets $4.1M$3.3M
Intangible assets & goodwill $35.9M$0
Current assets $29.1M$66.6M
Cash & equivalents $15.5M$58.5M
Total equity $9.3M$46.9M
Non-current liabilities $91.5M$11.7M
Long-term borrowings $34.9M$7.7M
Lease liabilities (non-current) $3.1M$2.6M
Current liabilities $18.3M$16.4M
Short-term borrowings $616.0K$4.4M
Lease liabilities (current) $1.2M$840.0K
Derived metrics
Free cash flow -$36.9M-$23.4M
Operating margin -102.3%-120.7%
Net margin -118.9%-130.4%
Return on equity -472.8%-61.8%
Cash conversion ratio 0.77×0.78×
Capex coverage -12.23×-25.17×
Other reported items
Adjustments For Decrease Increase In Inventories -$416.0K$413.0K
Adjustments For Decrease Increase In Trade Account Receivable -$5.1M-$1.4M
Adjustments For Depreciation and Amortisation Expense $4.9M$3.0M
Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $44.0K$0
Adjustments For Increase Decrease In Trade and Other Payables $4.0M$1.3M
Adjustments For Sharebased Payments $867.0K$1.2M
Cash Flows From Used In Operations Before Changes In Working Capital -$32.6M-$22.9M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities $25.0M$0
Consideration Paid Received -$125.0K-$11.0K
Effect of Exchange Rate Changes On Cash and Cash Equivalents -$555.0K-$520.0K
Equity and Liabilities $119.1M$75.1M
General and Administrative Expense $23.5M$14.1M
Increase Decrease Through Sharebased Payment Transactions $867.0K$1.2M
Intangible Assets Other Than Goodwill $46.2M$3.4M
Interest Paid Classified As Financing Activities $1.4M$1.0M
Inventories Total $2.3M$1.9M
Issue of Equity $5.0M$75.3M
Issued Capital $133.5M$128.5M
Liabilities $109.8M$28.2M
Licence Fee Income $25.0K$250.0K
Other Adjustments For Noncash Items -$473.0K-$325.0K
Other Comprehensive Income $593.0K$264.0K
Other Comprehensive Income Net of Tax Exchange Differences On Translation Other Than Translation of Foreign Operations $593.0K$264.0K
Other Current Assets $2.0M$1.6M
Other Current Financial Liabilities $2.3M$961.0K
Other Current Liabilities $4.0M$2.7M
Other Noncurrent Financial Liabilities $53.5M$1.5M
Other Operating Income Expense $559.0K$1.2M
Proceeds From Issuing Shares $0$68.6M
Research and Development Expense $7.6M$6.7M
Reserve of Exchange Differences On Translation -$444.0K-$1.0M
Reserve of Sharebased Payments $11.5M$10.6M
Retained Earnings -$288.3M-$244.3M
Revenue From Rendering of Services $37.0M$21.9M
Revenue From Royalties $64.0K$52.0K
Selling Expense $26.6M$17.7M
Share Issue Related Cost $6.8M
Share Premium $153.2M$153.2M
Trade and Other Payables To Trade Suppliers $10.2M$7.5M
Trade Receivables $9.4M$4.6M
Methodology

Every line item above is a fact tagged in MDxHealth's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.