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Aiforia Technologies (AIFORIA) investor relations material

Aiforia Technologies Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary28 Aug, 2025

Executive summary

  • Order book increased 58% year-over-year to €5.1 million, driven by strong demand, new clinical customer wins, and regulatory progress.

  • Expansion in Europe with major deals in Italy, France, Finland, Turkey, Spain, and new clinical agreements.

  • IVDR certification achieved, enabling new CE-IVD marked product launches and supporting market expansion.

  • Commercial momentum supported by reseller collaborations, strategic partnerships, and an €8 million share issue to fund growth.

  • Strategic focus on scaling clinical business and leveraging regulatory certifications for global leadership in AI-assisted pathology.

Financial highlights

  • Revenue grew 2% year-over-year to €1.4 million, with most growth from Europe.

  • EBITDA improved by €1.2 million to negative €3.0 million; EBIT improved by €0.7 million to negative €5.4 million.

  • Net result for the period was negative €6.6 million, compared to negative €6.0 million last year.

  • Cash at period end was €11.9 million, down from €17.9 million.

  • Employee count averaged 69, a significant drop from last year.

Outlook and guidance

  • Stronger revenue recognition expected in the second half as major deals are delivered.

  • Continued investment in product development and commercialization to drive future growth.

  • Healthy business pipeline and market opening up, especially in Europe due to public funding and regulatory support.

  • U.S. market expansion remains a long-term goal, with FDA application in progress.

  • Management committed to becoming a global leader in AI-assisted pathology image analysis.

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Frequently asked questions

Aiforia Technologies Oyj is a Finnish company specializing in image analysis software that leverages artificial intelligence. Its cloud-based solutions are designed to assist in medical research and diagnostics by automating the analysis of tissue and cell samples. The company's AI models aim to enhance the speed, accuracy, and consistency of image analysis, particularly in fields like pathology. Aiforia’s key products include Aiforia Create, a tool that allows users to develop custom AI models for specific image analysis tasks by annotating images to train the software. The company is headquartered in Helsinki, Finland, and its shares are listed on the Helsinki Stock Exchange.

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