MDxHealth (MDXH) Registration Filing summary
Event summary combining transcript, slides, and related documents.
Registration Filing summary
11 Feb, 2026Company overview and business model
Commercial-stage precision diagnostics company focused on non-invasive, cost-effective urologic solutions, primarily for prostate cancer diagnosis and management.
Core testing solutions include ExoDx, Confirm mdx, and Genomic Prostate Score (GPS), all providing personalized genomic insights.
Over 7,000 physicians have ordered more than 500,000 tests; products are included in major U.S. prostate cancer guidelines and have Medicare coverage.
Recent acquisition of Exosome Diagnostics, Inc. (ExoDx test) for up to $15 million, with $5 million in stock at closing and $2.5 million annually over four years.
Revenue diversification efforts include additional tests such as Resolve mdx and ongoing development of new products.
Financial performance and metrics
As of December 31, 2024, accumulated deficit was $369.5 million; net loss for 2024 was $38.1 million; net cash outflows from operations were $18.5 million.
Confirm mdx and GPS tests accounted for 80% of 2024 revenue; Medicare represented 41% of 2024 revenue.
Cash and cash equivalents as of December 31, 2025, were $29 million; total equity was negative $11.2 million; total loans and borrowings were $76.2 million.
Outstanding deferred payments for acquisitions: $10 million for Exosome Diagnostics and up to $54.5 million for GPS business.
Use of proceeds and capital allocation
Net proceeds from the offering will be used for general corporate and working capital purposes, including product development and commercialization expansion.
Management retains significant discretion over allocation of proceeds; plans may change and will be updated in prospectus supplements.
Latest events from MDxHealth
- Comprehensive prostate cancer diagnostics drive double-digit revenue growth and market expansion.MDXH
Corporate presentation - Q2 revenue up 16% year-over-year, record sequential growth, and positive EBITDA outlook reaffirmed.MDXH
Q2 2026 - Comprehensive urology solutions and robust growth drive revenue guidance to $110–115M for 2026.MDXH
Corporate presentation - Exited Resolve UTI business, focusing on prostate cancer diagnostics and AI-driven growth.MDXH
Q1 2026 - Strong revenue growth and clinical validation position for continued expansion in urology diagnostics.MDXH
Corporate presentation - Revenue up 20% in 2025; 2026 guidance targets $137-140M on expanded urology menu.MDXH
Corporate presentation - 2026 guidance targets 27–30% revenue growth and 10% EBITDA margin, driven by ExoDx integration.MDXH
Q4 2025 - Q3 revenue up 21%, guidance raised to $87–89M, and cash strengthened by equity financing.MDXH
Q3 2024 - Q2 revenue up 32% to $22.2M, with raised 2024 guidance and strong test volume growth.MDXH
Q2 2024