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Aiforia's product portfolio expands with new CE-IVD approved solution for breast cancer diagnostics

AIFORIAAnalyst Comment24.06.2025, 12.49
Antti Luiro, Frans-Mikael Rostedt
Discuss

Translation: Original published in Finnish on 6/24/2025 at 1:41 pm EEST.

Aiforia announced a new CE-IVD marking for its clinical AI solution for breast cancer classification. According to the company, the approved AI solution automates breast cancer classification by supporting pathologists with five separate AI models. The solution accurately identifies invasive carcinoma and ductal carcinoma in situ variant (DCIS). In addition, it identifies and objectively counts the number of mitoses, tubule formation, and nuclear atypia according to the Nottingham classification system. Prior to the now approved solution, Aiforia already had four models supporting breast cancer diagnostics (KI-67, ER and PR cells, HER-2 classification).

This solution is Aiforia's ninth to receive CE-IVD approval in Europe. However, unlike previous approvals, the solution includes five separate AI models, so the approval significantly expands the company's product portfolio (8 models + 1 viewer -> 13 models + 1 viewer). The approval increases the potential scale of the company's new customer agreements and also enables larger expansions for existing customers. The release supports our view that the company's revenue growth will accelerate during the current year, as well as supporting the company's competitive position in a rapidly emerging market. 

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 Figures23.04.2025

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.)-0.41-0.37-0.38
Dividend0.000.000.00
Dividend %
P/E (adj.)neg.neg.neg.
EV/EBITDAneg.neg.neg.

Forum discussions

Of course, insiders understand the company much better than the market. This is even more pronounced in these First North “hot dog stand” companies...
7 hours ago
11
The board chair’s one-million-euro investment in the offering would support this view. The other option, of course, is that the motive for said...
10 hours ago
by Puutaheinää
11
This important and politely presented question from Jussi remains unanswered. I am also wondering what information was given to those who participated...
yesterday
21
Well, that really just depends on what on earth is happening at the company—whether something positive is also going on, or if it’s just a total...
7/24/2026, 8:02 PM
by JusaVaan
7
How many of you who have invested in this still believe the share price could recover even to the 1.7–1.8€ valuation we saw a couple of weeks...
7/24/2026, 7:58 PM
by Zamboni
0
I would agree with this if it weren’t clearly a so-called once-a-year practice, as it is now.
7/24/2026, 12:07 PM
by Perttu Hämäläinen
8
This post was flagged by the community and is temporarily hidden.
7/24/2026, 11:40 AM
1