MDxHealth: Strong Buy On Its Cutting-Edge Urology Diagnostics
Portfolio Pulse from
MDxHealth SA is a strong buy due to its innovative urology diagnostics portfolio, including products like ConfirmMDx, SelectMDx, and GPS. The company reported 21% YoY revenue growth in Q3 2024 and aims for positive EBITDA by 2025.
December 13, 2024 | 3:30 pm
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POSITIVE IMPACT
MDxHealth SA's innovative diagnostics for prostate cancer and UTIs are driving growth, with a 21% YoY revenue increase in Q3 2024. The company is on track for positive EBITDA by 2025.
MDxHealth's strong revenue growth and strategic focus on innovative diagnostics for prostate cancer and UTIs position it well for future profitability. The company's forecast for positive EBITDA by 2025 further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100