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Insight Molecular Diagnostics Inc. (IMDX) 10-Year Financial Performance & Capital Metrics

IMDX • • Industrial / General
HealthcareBiotechnologyPlatform & Technology CompaniesDiagnostics & Immune Monitoring
AboutOncoCyte Corporation, a molecular diagnostics company, researches, develops, and commercializes proprietary laboratory-developed tests for the detection of cancer in the United States and internationally. The company offers DetermaRx, a molecular test for early-stage adenocarcinoma of the lung; and DetermaIO, a proprietary gene expression assay. It also provides biomarker discovery testing, assay design and development, and clinical trial support services, as well as various biomarker tests for pharmaceutical companies. The company has a collaboration agreement with Life Technologies Corporation to develop and collaborate in the commercialization of Oncomine Comprehensive Assay Plus and Determa IO assay for use with Ion Torrent Genexus integrated sequencer and purification system. OncoCyte Corporation was incorporated in 2009 and is based in Irvine, California.Show more
  • Revenue $2M +25.1%
  • EBITDA -$59M -153.6%
  • Net Income -$61M -118.4%
  • EPS (Diluted) -4.66 -24.3%
  • Gross Margin 39.34% +43.2%
  • EBITDA Margin -3161.99% -102.6%
  • Operating Margin -3245.14% -94.0%
  • Net Margin -3225.04% -74.5%
  • ROE -1480.67% -1500.6%
  • ROIC -
  • Debt/Equity -
  • Interest Coverage -726.68 -50.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 93 (top 7%)

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 70.8% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-5.06%
TTM520.87%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-40.87%

EPS CAGR

10Y-
5Y-
3Y-
TTM36.08%

ROCE

10Y Avg-126.14%
5Y Avg-60.83%
3Y Avg-58.51%
Latest-127.83%

Peer Comparison

Diagnostics & Immune Monitoring
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Technical
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Sector-Specific
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VCYTVeracyte, Inc.3.24B41.00132.2623.46%6.12%2.41%1.97%0.04
CSBRChampions Oncology, Inc.99.56M7.1721.7313.54%4.32%59.65%7.03%1.62
MDXGMiMedx Group, Inc.851.59M5.7520.548.52%10.38%17.09%7.58%0.13
LTRNLantern Pharma Inc.39.26M3.51-0.00-197.36%0.01
SEERSeer, Inc.107.44M1.91-1.37-8.13%-486.02%-29.19%0.08
IMDXInsight Molecular Diagnostics Inc.189.76M6.62-1.4225.15%-13.81%-14.81%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+000001.22M2.2M958K1.5M1.88M
Revenue Growth %------0.81%-0.56%0.57%0.25%
Cost of Goods Sold+283K387K580K559K344K1.85M778K976K1.09M1.14M
COGS % of Revenue-----1.53%0.35%1.02%0.73%0.61%
Gross Profit+-283K-387K-580K-559K-344K-639K1.42M-18K413K740K
Gross Margin %------0.53%0.65%-0.02%0.27%0.39%
Gross Profit Growth %--0.37%-0.5%0.04%0.38%-0.86%3.22%-1.01%23.94%0.79%
Operating Expenses+8.72M11.14M18.85M15.2M22.24M29.07M55.15M17.98M25.55M61.78M
OpEx % of Revenue-----23.91%25.09%18.77%17%32.84%
Selling, General & Admin4.19M5.46M11.68M8.69M15.45M23.28M20.39M21.53M13.29M13.79M
SG&A % of Revenue-----19.15%9.28%22.48%8.84%7.33%
Research & Development4.53M5.68M7.17M6.51M6.79M9.8M5.04M7.3M9.29M9.84M
R&D % of Revenue-----8.06%2.29%7.62%6.18%5.23%
Other Operating Expenses2K0091K0-4.01M29.72M-10.86M2.97M38.16M
Operating Income+-8.72M-11.14M-18.85M-15.2M-22.24M-29.71M-53.73M-18M-25.14M-61.04M
Operating Margin %------24.43%-24.44%-18.79%-16.72%-32.45%
Operating Income Growth %-0.75%-0.28%-0.69%0.19%-0.46%-0.34%-0.81%0.67%-0.4%-1.43%
EBITDA+-8.44M-10.75M-18.27M-14.64M-21.89M-29.32M-49.52M-12.78M-23.46M-59.48M
EBITDA Margin %------24.11%-22.53%-13.34%-15.61%-31.62%
EBITDA Growth %-0.8%-0.27%-0.7%0.2%-0.5%-0.34%-0.69%0.74%-0.84%-1.54%
D&A (Non-Cash Add-back)283K387K580K559K344K394K4.21M5.22M1.68M1.56M
EBIT-8.72M-11.14M-18.85M-15.54M-22.24M-30.93M-52.66M-18.53M-24.8M-60.58M
Net Interest Income+00000-252K-209K-83K-52K-84K
Interest Income0000299K00000
Interest Expense19K28K217K216K299K252K209K83K52K84K
Other Income/Expense-17K-28K-526K-552K-187K-1.48M854K-615K281K378K
Pretax Income+-8.73M-11.17M-19.38M-15.75M-22.43M-31.19M-52.87M-18.61M-24.86M-60.66M
Pretax Margin %------25.65%-24.05%-19.43%-16.54%-32.25%
Income Tax+00000-1.25M-9.26M000
Effective Tax Rate %1%1%1%1%1%0.96%1.21%3.92%1.12%1%
Net Income+-8.73M-11.17M-19.38M-15.75M-22.33M-29.93M-64.1M-72.9M-27.78M-60.66M
Net Margin %------24.62%-29.16%-76.1%-18.48%-32.25%
Net Income Growth %-0.75%-0.28%-0.73%0.19%-0.42%-0.34%-1.14%-0.14%0.62%-1.18%
Net Income (Continuing)-8.73M-11.17M-19.38M-15.75M-22.43M-29.93M-43.61M-18.61M-24.86M-60.66M
Discontinued Operations000000-20.49M-54.29M-2.93M0
Minority Interest0000000000
EPS (Diluted)+-8.32-8.42-12.83-8.32-8.71-9.14-14.40-20.00-3.75-4.66
EPS Growth %-0.82%-0.01%-0.52%0.35%-0.05%-0.05%-0.58%-0.39%0.81%-0.24%
EPS (Basic)-8.32-8.42-12.83-8.32-8.71-9.14-14.40-20.00-3.75-4.66
Diluted Shares Outstanding1.05M1.33M1.51M1.89M2.56M3.27M4.45M5.54M7.65M13.07M
Basic Shares Outstanding1.05M1.33M1.51M1.89M2.56M3.27M4.45M5.54M7.65M13.07M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+10.93M12.7M8.53M8.64M22.96M9.23M39.14M25.54M10.7M11.76M
Cash & Short-Term Investments10.54M12.41M8.36M8.46M22.45M7.82M33.85M20.43M9.43M8.64M
Cash Only8M10.17M7.6M8.03M22.07M7.14M32.95M19.99M9.43M8.64M
Short-Term Investments2.54M2.24M760K428K379K675K904K433K00
Accounts Receivable00000203K1.44M2.01M484K1.61M
Days Sales Outstanding-----60.93238.63766.58117.54313
Inventory000000304K00410K
Days Inventory Outstanding------142.62--131.16
Other Current Assets366K285K168K180K425K941K2.94M2.12M782K1.1M
Total Non-Current Assets+1.81M1.75M1.69M876K16.9M46.19M120.42M74.56M64.19M23.32M
Property, Plant & Equipment576K688K822K614K3.73M6.52M8.37M10.85M5.44M2.76M
Fixed Asset Turnover-----0.19x0.26x0.09x0.28x0.68x
Goodwill000009.19M18.68M000
Intangible Assets1.23M988K746K0015.01M61.72M61.63M56.59M14.61M
Long-Term Investments000010.96M13.42M0001.7M
Other Non-Current Assets075K120K262K2.21M1.94M31.65M2.07M2.16M4.26M
Total Assets+12.73M14.45M10.22M9.52M39.86M55.42M159.56M100.09M74.89M35.08M
Asset Turnover-----0.02x0.01x0.01x0.02x0.05x
Asset Growth %1%0.13%-0.29%-0.07%3.19%0.39%1.88%-0.37%-0.25%-0.53%
Total Current Liabilities+2.31M4.28M4.45M5.56M4.44M9M14.12M12.11M7.19M7.28M
Accounts Payable285K422K175K166K469K432K1.81M1.25M953K2.28M
Days Payables Outstanding367.58398.01110.13108.39497.6385849.16468.59319.12729.04
Short-Term Debt0202K1.14M1.19M1.35M2.39M1.31M000
Deferred Revenue (Current)0000000000
Other Current Liabilities847K46K2.4M3.02M1.09M06.71M4.43M4.01M2.17M
Current Ratio4.72x2.97x1.91x1.55x5.17x1.03x2.77x2.11x1.49x1.62x
Quick Ratio4.72x2.97x1.91x1.55x5.17x1.03x2.75x2.11x1.49x1.56x
Cash Conversion Cycle-------467.91---284.89
Total Non-Current Liabilities+0310K1.36M534K4.58M12.94M80.23M48.39M47.23M40.08M
Long-Term Debt001.07M347K1.91M1.51M0000
Capital Lease Obligations0310K289K187K2.68M4.31M3.54M2.73M2.2M2.37M
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities000007.12M76.68M45.66M45.03M37.71M
Total Liabilities2.31M4.58M5.81M6.09M9.02M21.94M94.35M60.5M54.42M47.35M
Total Debt+0512K2.5M1.72M6.17M8.63M5.68M3.54M2.87M3.66M
Net Debt-8M-9.66M-5.1M-6.32M-15.91M1.49M-27.27M-16.45M-6.56M-4.97M
Debt / Equity-0.05x0.57x0.50x0.20x0.26x0.09x0.09x0.14x-
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-458.84x-397.86x-86.86x-70.38x-74.38x-117.90x-257.06x-216.83x-483.38x-726.68x
Total Equity+10.42M9.86M4.4M3.42M30.84M33.48M65.22M39.59M20.47M-12.27M
Equity Growth %10.7%-0.05%-0.55%-0.22%8.01%0.09%0.95%-0.39%-0.48%-1.6%
Book Value per Share9.927.432.921.8112.0210.2314.677.152.68-0.94
Total Shareholders' Equity10.42M9.86M4.4M3.42M30.84M33.48M65.22M39.59M20.47M-12.27M
Common Stock34.9M45.82M59.97M74.74M124.58M157.16M252.95M294.93M310.3M338.24M
Retained Earnings-24.13M-35.3M-54.68M-71.32M-93.75M-123.68M-187.77M-260.68M-289.88M-350.54M
Treasury Stock0000000000
Accumulated OCI-350K-654K-888K00037K39K49K21K
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-4.23M-7.52M-13.38M-11.65M-19.71M-25.98M-35.94M-45.57M-23.32M-20.71M
Operating CF Margin %------21.37%-16.35%-47.57%-15.52%-11.01%
Operating CF Growth %-2.63%-0.78%-0.78%0.13%-0.69%-0.32%-0.38%-0.27%0.49%0.11%
Net Income-8.73M-11.17M-19.38M-15.75M-22.43M-29.93M-64.1M-72.9M-27.78M-60.66M
Depreciation & Amortization283K387K580K559K351K394K4.21M5.22M1.68M1.56M
Stock-Based Compensation1.81M922K1.63M1.48M3M5.07M6.84M10.04M6.57M1.91M
Deferred Taxes65K04.38M956K483K-1.25M-9.26M000
Other Non-Cash Items18K1.7M83K118K437K-2.24M26.22M14.01M174K37.79M
Working Capital Changes2.33M2.34M-686K993K-1.55M1.98M149K-1.94M-3.97M-1.32M
Change in Receivables00000-182K-1.23M-575K109K-1.13M
Change in Inventory000000000-410K
Change in Payables1.04M229K-48K1M741K848K-1.35M297K-4.76M967K
Cash from Investing+315K-181K843K-31K-12.41M-11.75M-13.96M-4.34M-932K-512K
Capital Expenditures-500K-106K-91K-31K-918K-1.23M-2.25M-4.34M-281K-516K
CapEx % of Revenue-----1.01%1.02%4.53%0.19%0.27%
Acquisitions----------
Investments----------
Other Investing815K-75K934K-240K-252K-7K00-1.02M4K
Cash from Financing+11.65M9.88M9.97M12.11M47.87M22.8M78.36M35.81M12.19M20.43M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid000-96K000000
Share Repurchases----------
Other Financing4K-555K8.38M-201K01.31M2.15M-483K-427K-1.79M
Net Change in Cash----------
Free Cash Flow+-4.73M-7.63M-13.48M-11.68M-20.63M-27.21M-38.19M-49.91M-23.61M-21.23M
FCF Margin %------22.37%-17.37%-52.1%-15.71%-11.29%
FCF Growth %-3.03%-0.61%-0.77%0.13%-0.77%-0.32%-0.4%-0.31%0.53%0.1%
FCF per Share-4.50-5.75-8.93-6.17-8.04-8.31-8.59-9.01-3.09-1.62
FCF Conversion (FCF/Net Income)0.48x0.67x0.69x0.74x0.88x0.87x0.56x0.63x0.84x0.34x
Interest Paid00000209K114K000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-186.98%-110.14%-271.64%-402.61%-130.35%-93.07%-129.88%-139.11%-92.51%-1480.67%
Return on Invested Capital (ROIC)-187.38%-637.54%---277.06%-89.3%-110.52%-44.19%-101.77%-
Gross Margin------52.55%64.6%-1.88%27.48%39.34%
Net Margin------2461.51%-2916.15%-7609.81%-1848.37%-3225.04%
Debt / Equity-0.05x0.57x0.50x0.20x0.26x0.09x0.09x0.14x-
Interest Coverage-458.84x-397.86x-86.86x-70.38x-74.38x-117.90x-257.06x-216.83x-483.38x-726.68x
FCF Conversion0.48x0.67x0.69x0.74x0.88x0.87x0.56x0.63x0.84x0.34x
Revenue Growth------80.76%-56.41%56.89%25.15%

Revenue by Segment

2024
Pharma Services1.86M
Pharma Services Growth-

Revenue by Geography

2024
UNITED STATES1.67M
UNITED STATES Growth-
Asia Pacific145K
Asia Pacific Growth-
GERMANY18K
GERMANY Growth-

Frequently Asked Questions

Growth & Financials

Insight Molecular Diagnostics Inc. (IMDX) reported $4.4M in revenue for fiscal year 2024.

Insight Molecular Diagnostics Inc. (IMDX) grew revenue by 25.1% over the past year. This is strong growth.

Insight Molecular Diagnostics Inc. (IMDX) reported a net loss of $60.8M for fiscal year 2024.

Dividend & Returns

Insight Molecular Diagnostics Inc. (IMDX) has a return on equity (ROE) of -1480.7%. Negative ROE indicates the company is unprofitable.

Insight Molecular Diagnostics Inc. (IMDX) had negative free cash flow of $23.9M in fiscal year 2024, likely due to heavy capital investments.

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