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Side-by-side financial comparison of enCore Energy Corp. (EU) and MDxHealth SA (MDXH). Click either name above to swap in a different company.

MDxHealth SA is the larger business by last-quarter revenue ($19.8M vs $12.4M, roughly 1.6× enCore Energy Corp.).

Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains.

MDxHealth SA is a global molecular diagnostics company specializing in non-invasive precision oncology tests focused primarily on urological cancers including prostate and bladder cancer. It operates across key markets in North America and Europe, providing clinicians with actionable diagnostic insights to guide personalized treatment decisions, reduce unnecessary invasive procedures, and improve patient care outcomes.

EU vs MDXH — Head-to-Head

Bigger by revenue
MDXH
MDXH
1.6× larger
MDXH
$19.8M
$12.4M
EU

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
EU
EU
MDXH
MDXH
Revenue
$12.4M
$19.8M
Net Profit
$-21.5M
Gross Margin
37.9%
60.8%
Operating Margin
-135.9%
-33.3%
Net Margin
-173.9%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EU
EU
MDXH
MDXH
Q4 25
$12.4M
Q3 25
$8.9M
Q2 25
$3.7M
Q1 25
$18.2M
$19.8M
Q1 24
$14.7M
Net Profit
EU
EU
MDXH
MDXH
Q4 25
$-21.5M
Q3 25
$-4.8M
Q2 25
$-6.3M
Q1 25
$-24.2M
Q1 24
Gross Margin
EU
EU
MDXH
MDXH
Q4 25
37.9%
Q3 25
43.8%
Q2 25
30.8%
Q1 25
-0.1%
60.8%
Q1 24
59.3%
Operating Margin
EU
EU
MDXH
MDXH
Q4 25
-135.9%
Q3 25
-158.2%
Q2 25
-526.1%
Q1 25
-85.7%
-33.3%
Q1 24
-59.3%
Net Margin
EU
EU
MDXH
MDXH
Q4 25
-173.9%
Q3 25
-53.7%
Q2 25
-172.7%
Q1 25
-132.9%
Q1 24
EPS (diluted)
EU
EU
MDXH
MDXH
Q4 25
$-0.11
Q3 25
$-0.03
Q2 25
$-0.03
Q1 25
$-0.13
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EU
EU
MDXH
MDXH
Cash + ST InvestmentsLiquidity on hand
$52.4M
Total DebtLower is stronger
$110.0M
Stockholders' EquityBook value
$229.2M
Total Assets
$430.4M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EU
EU
MDXH
MDXH
Q4 25
$52.4M
Q3 25
$91.9M
Q2 25
$26.9M
Q1 25
$29.7M
Q1 24
Total Debt
EU
EU
MDXH
MDXH
Q4 25
$110.0M
Q3 25
$109.3M
Q2 25
Q1 25
Q1 24
Stockholders' Equity
EU
EU
MDXH
MDXH
Q4 25
$229.2M
Q3 25
$248.6M
Q2 25
$264.7M
Q1 25
$267.9M
Q1 24
Total Assets
EU
EU
MDXH
MDXH
Q4 25
$430.4M
Q3 25
$441.9M
Q2 25
$359.4M
Q1 25
$362.6M
Q1 24
Debt / Equity
EU
EU
MDXH
MDXH
Q4 25
0.48×
Q3 25
0.44×
Q2 25
Q1 25
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EU
EU
MDXH
MDXH
Operating Cash FlowLast quarter
$12.9M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
57.8%
Capex IntensityCapex / Revenue
46.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EU
EU
MDXH
MDXH
Q4 25
$12.9M
Q3 25
$-20.3M
Q2 25
$-9.9M
Q1 25
$-7.7M
Q1 24
Free Cash Flow
EU
EU
MDXH
MDXH
Q4 25
$7.2M
Q3 25
$-26.3M
Q2 25
$-14.1M
Q1 25
$-11.7M
Q1 24
FCF Margin
EU
EU
MDXH
MDXH
Q4 25
57.8%
Q3 25
-296.6%
Q2 25
-385.2%
Q1 25
-64.1%
Q1 24
Capex Intensity
EU
EU
MDXH
MDXH
Q4 25
46.7%
Q3 25
68.0%
Q2 25
115.1%
Q1 25
21.7%
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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