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Analyst Comment

Aiforia’s partner network expands to Canada

Aiforia Technologies

Translation: Original published in Finnish on 03/18/2025 at 10:23 am EET

The company today announced a partnership with the Canadian Quorum Technologies. Based on the announcement, Quorum will act as an integrator in the implementation of Aiforia’s solution and support sales.

The partner channel is important for the company, as building own direct sales in all markets would not, in our view, be practical or financially sensible as the market is forming rapidly. Utilizing integrators also allows Aiforia to ramp up more customers simultaneously.

New partnerships are naturally positive for Aiforia, as they reflect the attractiveness of the company's image analysis solutions in the digital pathology market and improve the prerequisites for winning new customers. Our estimates expect the company to successfully implement its growth strategy, including continuous customer wins and accelerating revenue growth, so the release does not affect our view of the company.

Aiforia Technologies equips pathologists and researchers in preclinical and clinical laboratories with software to translate images into discoveries, decisions and diagnoses. The company's products and services are used for medical image analysis, across a variety of fields such as oncology and neuroscience. Aiforia Technologies is headquartered in Finland.

Read more on company page

Key Estimate Figures10.03.2025

202425e26e
Revenue2.94.77.6
growth-%18.9 %65.7 %60.0 %
EBIT (adj.)-12.2-11.9-12.0
EBIT-% (adj.)-427.8 %-252.9 %-158.1 %
EPS (adj.)-0.41-0.36-0.36
Dividend0.000.000.00
Dividend %
P/E (adj.)neg.neg.neg.
EV/EBITDAneg.neg.neg.

Forum discussions

Here are Siltanen’s preview comments as Aiforia reports its H2 results on Friday, March 6. We expect Aiforia’s revenue growth to have accelerated...
12 hours ago
by Sijoittaja-alokas
11
This also happened last February, the same amount of 400,000.
yesterday
by Puutaheinää
3
…”apparently for some reason moved to a nominee register.” Pardon me, but I cannot believe that shares would accidentally move to a nominee ...
yesterday
by Optis
3
It’s great when the CEO himself is commenting and shutting down a couple of days of speculation and rumors This is how it goes on the Inderes...
yesterday
by rigetus
15
Hi, yeah, preview tomorrow and interview on Friday.
yesterday
by Antti Siltanen
9
Hi, just confirming that I haven’t sold any Aiforia shares, they have apparently for some reason moved to a nominee register. I changed banks...
yesterday
by Jukka Tapaninen
101
@Antti_Siltanen @Antti_Luiro Will there be a preview and/or a CEO interview for Aiforia after the report?
yesterday
by Jekkku
0
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