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Visual21 Nov 2025
Data center suppliers
Perimeter Medical Imaging AI (PINK) investor relations material
Perimeter Medical Imaging AI Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary12 Nov, 2025
Executive summary
Achieved 157% year-over-year revenue growth in Q3 2025, driven by recurring sales, system leases, and a second capital equipment sale.
Achieved record nine-month revenue in 2025, with strong Q3 momentum and expanding clinical adoption of S-Series devices.
Transitioned to a more commercial-focused organization, with increased adoption and utilization of the S Series device.
Positioned for an aggressive B Series launch in early 2026, pending FDA approval, leveraging a seeded market of early adopters.
Anticipates FDA decision on next-generation B-Series device in H1-2026, with ongoing regulatory engagement and product development.
Financial highlights
Q3 2025 revenue reached $536,000, up 157% from Q3 2024 and 6% sequentially from Q2 2025.
Nine-month 2025 revenue totaled $1.6 million, 88% higher than all of 2024.
Operating expenses for Q3 2025 were $3 million, a 34% reduction year-over-year and 30% sequentially.
Net loss for Q3 2025 was $2.7 million ($0.03/share), a 42% improvement from Q3 2024.
Cash and cash equivalents stood at $1.7 million as of September 30, 2025.
Outlook and guidance
FDA approval for the B Series device is expected in early 2026, with a full commercial launch planned to coincide with major industry events.
Anticipates accelerated unit growth and procedure volumes in 2026, supported by higher utilization and expanding clinical adoption.
Positioned at an inflection point for broader clinical adoption and commercialization of AI-powered imaging technology.
Quantify S-Series impact on reoperation rates.
B-Series AI monetization strategy.
Sales cycle compression for B-Series launch.
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Next Perimeter Medical Imaging AI earnings date
Q4 202526 Mar, 2026
Next Perimeter Medical Imaging AI earnings date
Q4 202526 Mar, 2026
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Frequently asked questions
Perimeter Medical Imaging AI Inc. is a medical technology company specializing in advanced imaging tools that assist surgeons in identifying cancerous tissues during surgical procedures. The company’s flagship product, an optical coherence tomography (OCT) imaging system, provides high-resolution, real-time imaging of tissues at the cellular level, aiming to help surgeons achieve more accurate margins in cancer surgeries, particularly in breast cancer. Perimeter also integrates artificial intelligence (AI) into its imaging platform to enhance diagnostic capabilities and improve surgical outcomes. The company's solutions are designed to reduce the need for repeat surgeries and improve patient care. The company is headquartered in Toronto, Ontario, and its shares are listed on the TSX.
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