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Research

Nightingale Health: Quick steps forward at the start of the journey

By Antti LuiroHead of Nordic ER Development, Analyst
Nightingale Health
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The commercialization of Nightingale’s technology is currently taking place on a broad front. Preventive health care has significant potential, but the commercialization of Nightingale’s technology and the ramping up the business are in their initial stages. If successful the company offers significant potential returns and the story of Nightingale has, in our view, only strengthened since the IPO, which counterbalances the significant risk associated with commercialization. However, the market seems to require much stronger evidence from the company than our expectations, which are hard to provide in the short term in the current development phase.

Nightingale Health operates in the medical technology sector. The company specializes in the development of medical technology products. The product portfolio is broad and includes platforms and services within blood analysis that are used for disease prevention purposes. In addition to the main business, service and related ancillary services are also offered. The business is operated globally with the largest presence in Europe.

Read more on company page

Key Estimate Figures16.09.2021

202122e23e
Revenue2.12.98.8
growth-%31.9 %39.4 %203.4 %
EBIT (adj.)-5.3-7.1-13.2
EBIT-% (adj.)-253.6 %-245.4 %-150.0 %
EPS (adj.)-0.13-0.13-0.23
Dividend0.000.000.00
Dividend %
P/E (adj.)neg.neg.neg.
EV/EBITDAneg.neg.neg.

Forum discussions

Panel Discussion on Health Design 2025 Published, Featuring Teemu Suna.
12/4/2025, 3:09 PM
by Monsieur
5
Here are Luiron’s comments regarding today’s announcement. Nightingale Health and Terveystalo announced on Tuesday a new strategic agreement...
11/26/2025, 6:02 PM
by Sijoittaja-alokas
2
And the price was only 199 €!
11/26/2025, 10:03 AM
by Mikko67
3
According to the date on Terveystalo’s website, the test would have been available to other consumers, not just occupational health clients,...
11/26/2025, 10:02 AM
by Mikko67
4
nightingalehealth.com Terveystalo ja Nightingale Health syventävät strategista kumppanuuttaan –...
11/26/2025, 9:02 AM
by Pertti
10
The Independent – 20 Nov 25 Scientists inch closer to pinprick test to detect diseases decade before... Findings could help develop early treatment...
11/21/2025, 12:32 AM
by Pertti
10
News and additionally, UK Biobank+Nightingale featured in The Guardian today the Guardian – 20 Nov 25 Pinprick blood test could detect disease...
11/20/2025, 8:04 AM
by Monsieur
21
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