Nightingale Health
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Nightingale Health (HEALTH) investor relations material

Nightingale Health H2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2026 earnings summary16 Sep, 2026

Executive summary

  • Transitioned from a technology-focused to a commercially-driven company, emphasizing global expansion and adoption of its preventive healthcare platform, now positioned as a global standard for AI-powered preventive healthcare with multi-disease risk detection from a single blood sample.

  • Over 3 million samples processed, 1,000+ publications, and regulatory approvals in multiple markets; labs established in Finland, Japan, Singapore, UK, and US, with national use in Finland.

  • Achieved 17% revenue growth year-over-year to EUR 5.5 million, below the 50% target due to a project delay deferring EUR 2–2.4 million in revenue to the next fiscal year.

  • Major commercial and research contracts signed, including a EUR 2.4 million multiomics project in Denmark and a EUR 0.7 million contract in Italy.

  • Expansion into new markets and regulatory milestones, including a clinical laboratory permit in New York and new CCO appointments, strengthened the company’s global position.

Financial highlights

  • Fiscal year revenue reached EUR 5.5 million, up 17% year-over-year, with the second half up 30% compared to the previous year.

  • Net loss for the year was EUR -18.47 million, nearly unchanged from the prior year; EBITDA was EUR -11.87 million.

  • Largest revenue contribution from Research Business, but healthcare segment is growing rapidly.

  • Net cash at year-end: EUR 32.70 million; liquid funds: EUR 36.80 million; debt-free balance sheet.

Outlook and guidance

  • Targeting at least EUR 10 million in revenue for the current fiscal year, aiming for approximately 100% growth.

  • Mid-term goals: agreements to analyze 2 million samples annually in Europe and 10 million in the US or Asia, and to achieve positive EBITDA.

  • Long-term targets: 100 million samples analyzed and EUR 500 million annual revenue.

  • Revenue forecast is based on operational sales pipeline, not dependent on large, strategic deals.

  • Expecting healthcare and research revenue split to approach 50/50 in the near future as healthcare adoption accelerates.

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Frequently asked questions

Nightingale Health Oyj is a Finnish health technology company specializing in preventative health through advanced blood analysis. The company’s proprietary technology measures a wide range of biomarkers from a single blood sample, helping to identify individual disease risks. Nightingale Health provides services for both healthcare professionals and consumers, offering insights that promote better health management and prevention. Its solutions are utilized in healthcare systems and by research organizations globally, including collaborations with major biobanks. Nightingale Health is headquartered in Helsinki, Finland, and its shares are listed on the Nasdaq Helsinki.