4Dmedical Limited

4DX.ASX

Health Care

Medical imaging software and hardware provider

Market Data

Price

$3.890

+0.2%
Market Cap

$2.0B

P/E Ratio

-100000.0x

EPS

$-0.336

Div. Yield

0.00%

52-Week Change

0.0%

Latest Earnings

Appendix 4D and FY26 Half Year Report

27 February 2026

Revenue
$2.90
-1.5% YoY
NPAT
-$16.20
+18.0% YoY
EPS
$-0.00

4DMedical delivered a transformational H1 FY26 with FDA clearance and CMS reimbursement for its breakthrough CT:VQ™ technology, rapid adoption by leading U.S. academic medical centers, and a $150m institutional placement. Despite revenue remaining flat at $2.9m, underlying SaaS revenue grew 31% YoY, scan production surged 110% to 151,905 units, and operational efficiency improved with adjusted net loss down 18% to $16.2m, positioning the company for significant commercialisation acceleration. Key points: FDA clearance (Sept 2025) and immediate CMS reimbursement at US$650.50/scan for CT:VQ™—world's first non-contrast CT-based ventilation-perfusion imaging, addressing a US$1.1B annual addressable market in the U.S. alone; Rapid adoption by 5 leading U.S. academic medical centers (Stanford, Cleveland Clinic, UC San Diego, University of Miami, University of Chicago) within 4 months of FDA clearance, establishing critical reference sites; Philips distribution partnership for North America with ~A$15m underwritten minimum revenue commitment over CY26–CY27, unlocking access to ~14,500 U.S. CT scanners

Recent Announcements

27 May 2026 Sph Neutral

Becoming a substantial holder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) became a substantial holder (5.0476%).

26 May 2026 Sph Neutral

Ceasing to be a substantial holder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) ceased to be a substantial holder.

21 May 2026 Sph Neutral

Becoming a substantial holder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) became a substantial holder (5.0642%).

19 May 2026 Sph Neutral

Ceasing to be a substantial holder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) ceased to be a substantial holder.

14 May 2026 Sph Neutral

Becoming a substantial holder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) became a substantial holder (5.3553%).

4 May 2026 Sph Neutral

Ceasing to be a substantial holder

State Street Corporation ceased to be a substantial holder.

28 Apr 2026 Sph Neutral

Becoming a substantial holder

State Street Corporation became a substantial holder (5.01%).

27 Feb 2026 Actual Results Positive

Appendix 4D and FY26 Half Year Report

4DMedical delivered a transformational H1 FY26 with FDA clearance and CMS reimbursement for its breakthrough CT:VQ™ technology, rapid adoption by leading U.S. academic medical centers, and a $150m institutional placement. Despite revenue remaining flat at $2.9m, underlying SaaS revenue grew 31% YoY, scan production surged 110% to 151,905 units, and operational efficiency improved with adjusted net loss down 18% to $16.2m, positioning the company for significant commercialisation acceleration. Key points: FDA clearance (Sept 2025) and immediate CMS reimbursement at US$650.50/scan for CT:VQ™—world's first non-contrast CT-based ventilation-perfusion imaging, addressing a US$1.1B annual addressable market in the U.S. alone; Rapid adoption by 5 leading U.S. academic medical centers (Stanford, Cleveland Clinic, UC San Diego, University of Miami, University of Chicago) within 4 months of FDA clearance, establishing critical reference sites; Philips distribution partnership for North America with ~A$15m underwritten minimum revenue commitment over CY26–CY27, unlocking access to ~14,500 U.S. CT scanners

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