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Side-by-side financial comparison of MDxHealth SA (MDXH) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

WEST BANCORPORATION INC is the larger business by last-quarter revenue ($26.9M vs $19.8M, roughly 1.4× MDxHealth SA).

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.

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

MDXH vs WTBA — Head-to-Head

Bigger by revenue
WTBA
WTBA
1.4× larger
WTBA
$26.9M
$19.8M
MDXH

Income Statement — Q1 FY2025 vs Q1 FY2026

Metric
MDXH
MDXH
WTBA
WTBA
Revenue
$19.8M
$26.9M
Net Profit
$10.6M
Gross Margin
60.8%
Operating Margin
-33.3%
50.0%
Net Margin
39.2%
Revenue YoY
16.6%
Net Profit YoY
34.8%
EPS (diluted)
$0.61

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
MDXH
MDXH
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$24.2M
Q3 25
$25.0M
Q2 25
$23.8M
Q1 25
$19.8M
$23.1M
Q4 24
$20.9M
Q3 24
$20.3M
Q2 24
$19.6M
Net Profit
MDXH
MDXH
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$7.4M
Q3 25
$9.3M
Q2 25
$8.0M
Q1 25
$7.8M
Q4 24
$7.1M
Q3 24
$6.0M
Q2 24
$5.2M
Gross Margin
MDXH
MDXH
WTBA
WTBA
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
60.8%
Q4 24
Q3 24
Q2 24
Operating Margin
MDXH
MDXH
WTBA
WTBA
Q1 26
50.0%
Q4 25
39.6%
Q3 25
45.8%
Q2 25
43.4%
Q1 25
-33.3%
43.4%
Q4 24
30.9%
Q3 24
36.6%
Q2 24
32.6%
Net Margin
MDXH
MDXH
WTBA
WTBA
Q1 26
39.2%
Q4 25
30.7%
Q3 25
37.3%
Q2 25
33.5%
Q1 25
34.0%
Q4 24
34.0%
Q3 24
29.3%
Q2 24
26.5%
EPS (diluted)
MDXH
MDXH
WTBA
WTBA
Q1 26
$0.61
Q4 25
$0.44
Q3 25
$0.55
Q2 25
$0.47
Q1 25
$0.46
Q4 24
$0.41
Q3 24
$0.35
Q2 24
$0.31

Balance Sheet & Financial Strength

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

Metric
MDXH
MDXH
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$362.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$270.7M
Total Assets
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDXH
MDXH
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$471.1M
Q3 25
$232.9M
Q2 25
$345.2M
Q1 25
Q4 24
$243.5M
Q3 24
Q2 24
Stockholders' Equity
MDXH
MDXH
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$266.0M
Q3 25
$255.1M
Q2 25
$240.9M
Q1 25
$237.9M
Q4 24
$227.9M
Q3 24
$235.4M
Q2 24
$223.9M
Total Assets
MDXH
MDXH
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$4.1B
Q3 25
$4.0B
Q2 25
$4.1B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$4.0B

Cash Flow & Capital Efficiency

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

Metric
MDXH
MDXH
WTBA
WTBA
Operating Cash FlowLast quarter
$12.9M
Free Cash FlowOCF − Capex
$12.4M
FCF MarginFCF / Revenue
46.0%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDXH
MDXH
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$46.5M
Q3 25
$11.4M
Q2 25
$13.5M
Q1 25
$9.7M
Q4 24
$39.8M
Q3 24
$12.9M
Q2 24
$10.0M
Free Cash Flow
MDXH
MDXH
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$43.2M
Q3 25
$10.8M
Q2 25
$12.8M
Q1 25
$8.3M
Q4 24
$13.7M
Q3 24
$7.0M
Q2 24
$2.7M
FCF Margin
MDXH
MDXH
WTBA
WTBA
Q1 26
46.0%
Q4 25
178.3%
Q3 25
43.0%
Q2 25
53.6%
Q1 25
35.7%
Q4 24
65.6%
Q3 24
34.2%
Q2 24
14.0%
Capex Intensity
MDXH
MDXH
WTBA
WTBA
Q1 26
1.8%
Q4 25
13.7%
Q3 25
2.6%
Q2 25
3.2%
Q1 25
6.5%
Q4 24
125.3%
Q3 24
29.4%
Q2 24
37.1%
Cash Conversion
MDXH
MDXH
WTBA
WTBA
Q1 26
1.22×
Q4 25
6.26×
Q3 25
1.23×
Q2 25
1.70×
Q1 25
1.24×
Q4 24
5.61×
Q3 24
2.17×
Q2 24
1.93×

Financial Flow Comparison

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

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