SOPHiA DDM™
Search documents
Sophia Genetics(SOPH) - 2025 Q4 - Earnings Call Presentation
2026-03-03 13:00
Cautionary notices This presentation contains statements that constitute forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding our future results of operations and financial position, business strategy, products and technology, as well as plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements are based on our management's beliefs and assumptions and on i ...
SOPHiA GENETICS Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-03-03 11:45
Core Insights - SOPHiA GENETICS reported a fourth quarter revenue of $21.7 million, a 22% increase year-over-year, and a full-year revenue of $77.3 million, up 19% year-over-year, indicating strong growth momentum [1][2] - The company experienced an IFRS net loss of $19.2 million in Q4 2025, a 27% increase from the previous year, and a full-year net loss of $79.0 million, up 26% year-over-year [1][2] - Adjusted gross margin improved to 74.2% in FY 2025, reflecting a 140 basis point increase year-over-year, despite a 40% increase in total terabytes processed by the platform [1][2] Financial Performance - Q4 2025 IFRS net loss: $19.2 million, up 27% YoY; Adjusted EBITDA loss: $9.9 million, up 9% YoY [1] - FY 2025 IFRS net loss: $79.0 million, up 26% YoY; Adjusted EBITDA loss: $41.5 million, up 3% YoY [1] - Gross margin for Q4 2025: 67.7% reported, 73.9% adjusted; FY 2025 gross margin: 67.4% reported, 74.2% adjusted [1][2] Business Highlights - The company signed 124 new core genomics customers in FY 2025, a significant increase from 92 in FY 2024, and achieved a net dollar retention rate of 115% [1][2] - New customer signings included major health systems in the U.S. expected to analyze 60,000 patients annually [1][2] - The company performed over 391,000 analyses in FY 2025, with a record 105,000 analyses in Q4 2025 [1][2] Growth Drivers - Anticipated growth in 2026 will be driven by continued execution in the U.S. market, expansion of the Liquid Biopsy application MSK-ACCESS®, and renewed momentum in the BioPharma business [1][2] - The company expects to approach adjusted EBITDA breakeven by the end of 2026 and achieve positive adjusted EBITDA in the second half of 2027 [1][2] Strategic Collaborations - A strategic collaboration was announced with MD Anderson Cancer Center to co-develop advanced multimodal oncology testing solutions [1][2] - Continued partnerships with Myriad Genetics and A.D.A.M. Innovations aim to develop MSK-ACCESS® into a regulated global companion diagnostic assay [1][2]
SOPHiA GENETICS Announces Major Expansion in the United States with the Signing of Two Major Integrated Health Systems
Prnewswire· 2026-02-10 14:22
Core Insights - SOPHiA GENETICS has announced a significant expansion in the United States by partnering with two major integrated health systems, enhancing its network and capabilities in AI-driven precision medicine [1] Company Expansion - The two new health systems are among the largest in the U.S., collectively analyzing millions of genetic samples annually [1] - The partnership will enable genomic testing for up to 60,000 patients annually across the West Coast and Midwest, focusing on hereditary cancers and rare diseases [1] Technology Utilization - Both health systems will implement SOPHiA DDM™, an AI-driven analytics application that supports comprehensive full-exome analysis for over 20,000 genes [1] - The integration of SOPHiA DDM™ aims to expedite testing turnaround times, reduce operational costs, and foster internal research and innovation initiatives [1] Market Positioning - This collaboration positions SOPHiA GENETICS and its partners to support future expansion in AI-driven precision medicine, serving a combined population of nearly one million cancer and rare disorder patients nationwide [1] - The expansion reinforces the company's mission to democratize data-driven medicine by providing AI-powered solutions that accelerate healthcare innovation and research [1]
SOPHiA GENETICS Provides Preliminary Fourth Quarter and Full Year 2025 Financial Results, Initiates 2026 Guidance, and Announces Executive Transition Plan
Prnewswire· 2026-01-12 12:00
Core Viewpoint - SOPHiA GENETICS reported strong preliminary financial results for Q4 and full year 2025, with expectations of 20-22% revenue growth in 2026 and announced an executive transition plan promoting Ross Muken to CEO effective July 1, 2026 [1][2][3] Financial Performance - Q4 2025 revenue is projected to be at least $21 million, reflecting a year-over-year increase of approximately 20% [6] - The company performed over 105,000 analyses on SOPHiA DDM™ in Q4 2025, marking a 16% year-over-year growth [6] - Full year 2025 revenue is approximately $77 million, representing an 18% year-over-year increase [6] - The total revenue for 2026 is guided to be between $92 million and $94 million, indicating a year-over-year growth of approximately 20% to 22% [7] Executive Transition - Ross Muken, currently President and a key executive for five years, will succeed Jurgi Camblong as CEO [3][5] - Jurgi Camblong will transition to Executive Chairman, focusing on strategic initiatives and technology innovation [4][5] - Kevin Puylaert has been appointed Chief Sales Officer effective January 2026, bringing over 10 years of experience with the company [10] Growth Catalysts - The company anticipates growth drivers in 2026, including advancements in its Liquid Biopsy application MSK-ACCESS powered by SOPHiA DDM™, opportunities in the U.S. market, and a revitalized BioPharma business [2]
SOPHiA GENETICS and Complete Genomics Integrate Sequencing and AI Analytics to Accelerate Adoption of Precision Medicine
Prnewswire· 2025-11-11 14:00
Core Insights - Complete Genomics and SOPHiA GENETICS have announced a collaboration to co-market MSK-ACCESS® and MSK-IMPACT® powered by SOPHiA DDM™ on Complete Genomics' DNBSEQ-T1+ sequencing platform, aiming to enhance access to precision oncology testing globally [1][2]. Group 1: Collaboration Details - The partnership integrates SOPHiA GENETICS' AI-powered applications with Complete Genomics' DNBSEQ-T1+ platform, providing a sample-to-report workflow for laboratories [2]. - This collaboration marks a significant expansion into the precision oncology research market, enhancing the capabilities of both companies [2][3]. Group 2: Technology and Performance - The DNBSEQ-T1+ platform offers Q40-level accuracy and optimized throughput ranging from 500 million to 2 billion reads per flow cell, with a 24-hour paired-end 150bp run time [3]. - Each flow cell can run up to 60 tumor-normal sample pairs for tissue and up to 16 for liquid biopsy, providing a cost-effective and flexible sequencing solution [3]. Group 3: Benefits and Impact - The collaboration aims to enable decentralized labs to deliver faster, more accurate, and affordable insights to clinicians and researchers [3]. - SOPHiA DDM™ is a technology-agnostic analytics platform that enhances the analysis of healthcare data, demonstrating lower background noise and reduced turnaround time compared to other systems [4]. Group 4: Market Positioning - This new offering provides clinical laboratories, cancer centers, and drug developers with a high-performance, cost-efficient path for implementing comprehensive genomic profiling in precision oncology research [5]. - The collaboration is positioned to broaden access to data-driven medicine, allowing more laboratories worldwide to adopt precision oncology solutions [3][4].
SOPHiA GENETICS and Element Biosciences Unite Sequencing Power and AI Analytics to Accelerate Global Research In Precision Medicine
Prnewswire· 2025-11-11 13:01
Core Insights - SOPHiA GENETICS and Element Biosciences announced a partnership to integrate sequencing and AI analytics, aiming to enhance genomic workflows and support precision medicine research [1][2][4] Company Overview - SOPHiA GENETICS is a leader in AI-driven precision medicine, focusing on expanding access to data-driven healthcare through its SOPHiA DDM™ platform [8] - Element Biosciences is transforming scientific discovery with advanced technologies that enhance the pace and accessibility of genomics [9] Partnership Details - The collaboration combines SOPHiA DDM™ with Element's AVITI24™ 5D multiomic and AVITI sequencing systems, creating a streamlined end-to-end workflow for next-generation sequencing (NGS) [2] - This integration is expected to provide speed, scalability, and flexibility, allowing clinical researchers to derive actionable insights from NGS data efficiently [2][4] Expected Impact - The partnership aims to democratize access to genomic research, enabling healthcare organizations of all sizes to adopt innovative, AI-driven technologies [4] - The collaboration is anticipated to enhance the accuracy and consistency of genomic testing, ultimately accelerating the delivery of precision medicine to more patients [3][4]
Sophia Genetics(SOPH) - 2025 Q3 - Earnings Call Presentation
2025-11-04 13:00
Company Overview and Platform - SOPHiA GENETICS' AI platform SOPHiA DDM™ is used by over 800 healthcare institutions globally[7] - The platform analyzes over 350,000 patients per year[8, 21] and has analyzed over 2 million profiles since its inception[8] - The company has invested over $400 million since its inception to develop AI Factories and proprietary algorithms[21, 53] Market Trends and Data Analysis - Healthcare data accounts for 30% of all data generated globally[16] - In Q3 2025, SOPHiA GENETICS analyzed over 99,000 genomic analyses[31] - Total data processed on SOPHiA DDM™ has seen compounded growth of over 50% since 2021[38] Financial Performance and Outlook - The company's revenue for 2024 was $65.2 million[56] - Revenue is expected to be in the range of $75 million to $77 million in 2025, representing year-over-year growth of 15% to 18%[59] - Adjusted gross margin was 72.8% in 2024[59] and 73.1% in Q3 2025[63] - The company has a cash balance of $81.6 million as of Q3 2025[63]
Sophia Genetics(SOPH) - 2025 Q2 - Earnings Call Presentation
2025-08-05 12:00
Company Overview - SOPHiA GENETICS' Ai platform SOPHiA DDM™ is used by over 800 healthcare institutions globally to analyze complex health data for cancer and rare disorders[7] - The platform analyzes over 350,000 patients annually and has analyzed over 2 million profiles since its inception[8, 21] - The company has invested over $450 million since its inception in its Ai platform[21, 57] Market Trends - The incidence of cancer and rare disorders is increasing worldwide, driving demand for targeted therapies[13] - Healthcare data is rapidly expanding, with 30% of all data generated globally being healthcare-related[16] - The Total Addressable Market (TAM) for Liquid Biopsy is estimated to be over $5 billion[56] Financial Performance - SOPHiA GENETICS' revenue for 2024 was $65.2 million[60] - The company projects revenue between $72 million and $76 million for 2025, representing a year-over-year growth of approximately 10% to 17%[60, 63] - Adjusted EBITDA loss is projected to be between $35 million and $39 million in 2025, compared to $40.2 million in 2024[63] - The company's adjusted gross margin was 72.8% in 2024 and is expected to expand slightly in 2025[63]
SOPHiA GENETICS Reports Second Quarter 2025 Results
Prnewswire· 2025-08-05 10:45
Financial Performance - SOPHiA GENETICS reported Q2 2025 revenue of $18.3 million, reflecting a 16% year-over-year growth [7][12] - Adjusted gross margin improved to 74.4%, up 120 basis points from the previous year [3][12] - The company experienced a net loss of $22.4 million, which is a 48% increase year-over-year [7][12] Business Highlights - The company signed 35 new core genomics customers in Q2 2025, a significant increase from 19 new customers in Q2 2024 [3][8] - A major multi-year AI breast cancer partnership was established with AstraZeneca, marking the largest contract in the company's history [3][12] - The total number of core genomics customers reached 490 as of June 30, 2025, up from 457 at the end of Q2 2024 [8] Operational Efficiency - Cash burn improved by 35% year-over-year, totaling $8.7 million for the quarter [3][7] - The company performed 95,000 analyses on SOPHiA DDMTM, representing a 9% year-over-year volume growth [8] - The partnership with Dasa, the largest medical diagnostics company in Latin America, was expanded to include additional applications [8] Future Outlook - SOPHiA GENETICS reaffirmed its full-year revenue guidance of $72 million to $76 million, indicating a growth of approximately 10% to 17% compared to FY 2024 [12] - The company expects to approach adjusted EBITDA breakeven by the end of 2026 and achieve positive adjusted EBITDA in the second half of 2027 [12]
Sophia Genetics(SOPH) - 2025 Q1 - Earnings Call Presentation
2025-05-06 10:50
Company Overview and Platform - SOPHiA GENETICS's AI platform SOPHiA DDM is used by over 800 healthcare institutions globally [7] - The platform analyzes over 350,000 patients per year and has analyzed over 2 million profiles since inception [8, 21] - The company has invested over $450 million since inception in its AI platform [21] Market Trends and Data Analysis - Healthcare data accounts for 30% of all data generated globally [17] - In 2024, SOPHiA DDM performed over 350,000 genomic analyses, with over 93,000 in Q1 2025 [33] - Total data processed on SOPHiA DDM has seen compounded growth of over 50% since 2021 [46] Financial Performance and Outlook - SOPHiA GENETICS' revenue for 2024 was $65.2 million [68] - The company projects revenue between $72 million and $76 million for 2025, representing approximately 10% to 17% year-over-year growth [71] - Adjusted gross margin was 72.8% in 2024 and is expected to expand slightly in 2025 [71] - The company had a cash balance of $68.5 million as of Q1 2025 [76]