Added to YB: 2026-04-01
Pitch date: 2026-03-30
MDG.WA [bullish]
Medicalgorithmics S.A.
-0.54%
current return
Author Info
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Company Info
Medicalgorithmics S.A. provides cardiac diagnostic solutions in Poland, the United States, and internationally.
Market Cap
PLN 278.7M
Pitch Price
PLN 28.00
Price Target
45.00 (+62%)
Dividend
N/A
EV/EBITDA
-21.69
P/E
-18.06
EV/Sales
11.03
Sector
Health Care Equipment and Supplies
Category
growth
Medicalgorithmics - $MDG.WA
MDG.WA: AI cardiac diagnostics co w/ PLN 45 PT vs PLN 28 current (+61%). Q4 rev PLN 10.2M (+57% YoY), FY25 PLN 31.1M (+30%). First EBITDA+ quarter (PLN 1M). DRAI (ECG AI) w/ 3.6M day dataset moat, Nature Medicine validation, 20 new 2025 contracts. Anchor US IDTF >$400k/mo Dec. VCAST (CT-FFR) optionality vs $2.1B HeartFlow comp. FY26E PLN 58M rev, trading 5.1x vs iRhythm 4.2x despite +85% growth. Risks: partner integration delays, customer concentration, Biofund exit/succession. US listing prep underway.
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