Full Press Release Details
MELBOURNE, Australia and INDIANAPOLIS, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, "Telix") today announces its financial results for the half-year ended 30 June 2025. All figures are in USD unless stated otherwise.
H12025keyresults1
Groupperformance2:Reflectsstrategicinvestmentforlong-termvaluecreation
TelixPrecisionMedicine:Commercialbusinessdeliversprofitablegrowth
TelixManufacturingSolutions(TMS):Investmentininfrastructuretoscaleoperationsandmeetfuturedemand
TelixTherapeutics:Reinvestingearningstoacceleratelate-stagepipeline
Of the total R&D investment, 54% ($43.9 million) was invested in the therapeutics pipeline. Milestones achieved include:
Commentary
Managing Director and Group CEO, Dr. Christian Behrenbruch, commented on the result:
“Telix continues to deliver strong revenue growth while building a foundation for the future. The first half of 2025 was a period of rapid transformation as we expanded our global manufacturing operations, invested in launching new products in new markets, and accelerated the development of our therapeutic pipeline. These investments have positioned Telix for sustainable, long-term growth, while our diversified business provides multiple drivers of success. To generate future revenue growth, we are confident in securing product approvals for Pixclara and Zircaix while advancing geographic and indication expansion for the PSMA portfolio.”
SummaryGroupfinancialresults
| H12025 | H12024 | |||
| US$M | US$M | |||
| Revenue | 390.4 | 239.6 | ||
| Cost of sales | (181.8 | ) | (82.4 | ) |
| Grossprofit | 208.6 | 157.2 | ||
| Research and development (R&D) | (81.6 | ) | (55.4 | ) |
| Selling and marketing | (49.0 | ) | (24.6 | ) |
| Manufacturing and distribution | (18.8 | ) | (8.4 | ) |
| General and administration | (47.7 | ) | (39.2 | ) |
| Other losses (net) | (1.1 | ) | (1.9 | ) |
| Operatingprofit | 10.4 | 27.7 | ||
| Finance income | 3.6 | 0.9 | ||
| Finance costs | (18.8 | ) | (5.7 | ) |
| (Loss)/profit beforetax | (4.8 | ) | 22.9 | |
| AdjustedEBITDA | 21.1 | 37.1 | ||
| Cashfromoperatingactivities | 17.7 | 23.3 |
Guidance
lnvestorcall
An investor webcast and conference call will be held at 9.30am AEST on Thursday 21 August 2025 (7.30pm EDT Wednesday 20 August 2025).
Participants can register for the webcast by clicking here:https://edge.media-server.com/mmc/p/x4gytx8w/or the teleconference here:https://s1.c-conf.com/diamondpass/10049152-x745re.html
AboutTelixPharmaceuticalsLimited
Telix is a biopharmaceutical company focused on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals and associated medical technologies. Telix is headquartered in Melbourne, Australia, with international operations in the United States, United Kingdom, Canada, Europe (Belgium and Switzerland), Brazil and Japan. Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).
Visitwww.telixpharma.comfor further information about Telix, including details of the latest share price, ASX and U.S. Securities and Exchange Commission (SEC) filings, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix onLinkedIn,XandFacebook.
TelixInvestorRelations(Global)
Ms. Kyahn WilliamsonTelix Pharmaceuticals LimitedSVP Investor Relations and Corporate CommunicationsEmail:kyahn.williamson@telixpharma.com
TelixInvestorRelations(U.S.)
Ms. Annie KasparianTelix Pharmaceuticals LimitedDirector Investor Relations and Corporate CommunicationsEmail:annie.kasparian@telixpharma.com
GuidanceDisclaimer
The stated revenue guidance is based on expected global and domestic economic conditions and is subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially. As such, investors are cautioned not to place undue reliance on this guidance and in particular Telix cannot guarantee a particular result. In compiling financial forecasts, a number of key variables that may have a significant impact on guidance have been identified and are listed below.
Key variables that could cause actual results to differ materially include: the success and timing of research and development activities; decisions by regulatory authorities regarding approval of our products as well as their decisions regarding label claims; competitive developments affecting our products; the ability to successfully market new and existing products; difficulties or delays in manufacturing; trade buying patterns and fluctuations in interest and currency exchange rates; legislation or regulations that affect product production, distribution, pricing, reimbursement, access or tax; acquisitions and divestitures; research collaborations; litigation or government investigations; and Telix’s ability to protect its patents and other intellectual property.
ThisannouncementhasbeenauthorizedforreleasebytheTelixPharmaceuticalsLimitedBoardofDirectors
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CautionaryStatementRegardingForward-LookingStatements.
Youshouldreadthisannouncementtogetherwithourriskfactors,asdisclosedinourmostrecentlyfiledreportswiththe Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.
The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States. The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise.Norepresentationorwarranty,expressorimplied,ismadeinrelationtotheaccuracyorcompletenessofthe information contained or opinions expressed in the course of this announcement.
Thisannouncementmaycontainforward-lookingstatements, includingwithinthe meaningofthe U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievementsto differ materially from any future results, levels of activity, performance or achievements expressed or implied by theseforward-lookingstatements.Forward-lookingstatementsarebasedonTelix’sgood-faithassumptionsastothe financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operationsin the future and there can be no assurance that any of the assumptions will prove to be correct. In the contextof Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress, completion and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which maybe expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.
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