contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


aiforia-promisingly-started-growth-journey-just-beginning

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Head of Nordic ER Development, Analyst

Antti Luiro

Analyst

Frans-Mikael Rostedt

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.

NuWays has apparently already updated its outlook on 12.12.2025, i.e., after the €4m directed issue, and raised the target price based on cost cuts.  3.5 (Buy) → 3.8 EUR & (Buy) It should grow, though…  The gloom of H1 2025 is explained by Research at -16%, while Clinical grew an impressive 66%. With small numbers, the changes are large.  So, H2 2025 should see growth… Whether it’s actually been achieved, we’ll unfortunately only see on March 11th, at which point over 250 days have passed since the start of H2 2025… And even the freshest data will be over 70 days old. Sigh. Semi-annual reporting really should be supplemented with some reporting, such as at least sales figures.  Given the company’s cash burn rate, which is largely being spend on sales, the company is expected to deliver strong growth figures in H2 2025, demonstrating that the commercialisation and scale period of the business is clearly underway.   In that respect we view the results of H2 2025 as a pivot point. In H1 2025, the company grew a timid 2% yoy, which in our view has largely contributed to the recent share price weakness. In must be highlighted however, that this performance was largely due to the weak performance of the Research segment. During the same time, Clinical, which is the scalable part of the business, grew by 60%. For FY25e, we model 66% growth in the Clinical segment compared to a 16% sales decline of the Research segment, which would translate to an aggregate yearly growth of 25%, eNuW.   Management clearly views the years 2026-28e as hyperscale years for Aiforia, translating into a CAGR of 65.4% for 2026-28e .                    Nuways AG              Aiforia Technologies Oyj

I’ve been thinking the exact same thing. My amateur analysis is that the market is still too small and soft, and it’s developing slowly. This is also signaled by the weak revenue growth. If that’s the case, then especially in terms of the stock’s valuation, the negative cash flow is a major issue. Perhaps the short-term return potential lies more in being an acquisition target for a larger healthcare operator?

Wealth from AI has accumulated in Finland through previous success stories, such as SiloAI being sold to AMD. Why doesn’t Aiforia attract top-tier talent? This caught my eye as I’m trying to build what is otherwise a potential investment case. Academic research, references, strong partners in hardware and software—everything looks good, but something isn’t clicking.

Found this article. Aiforia mentioned.                   Hospitalia, le magazine de l'hôpital pour toute l'actualité et l'information...              Le CHU de Nantes franchit le cap du numérique en anatomie pathologique    Le CHU de Nantes vient de franchir une étape décisive dans la transformation numérique de ses pratiques en anatomie pathologique. Depuis le 10 septembre 2025, le service d’anatomie pathologique numérise ses lames et les pathologistes les interprètent...                             Another one on the same topic.            DeviceMed.fr – 6 Jan 26              Un lieu d’innovation au cœur du futur quartier de la Santé à Nantes    Avec la Fabrique de l’innovation en santé, le CHU de Nantes et ses partenaires lancent une offre inédite : une prestation de service intégrée, qui permettra d'accompagner des projets innovants, de l'idée à la mise sur le marché, avec des ateliers...

Well yeah, the horseman from the car dealer family seems to have been the largest participant in the offering with a block of 500,000 shares. Personally, this doesn’t convince me all that much.

The changes in the shareholder list look unprecedented.

Aiforia’s new shareholder list. Kyösti Kakkonen (Joensuun Kauppa Ja Kone Oy) as a new owner directly at 30th place.                   Aiforia              Aiforia - Osakkeenomistajat    Aiforia on lääketieteen ohjelmistoyritys, joka tarjoaa patologeille ja tutkijoille kliinisissä, prekliinisissä ja akateemisissa laboratorioissa tehokkaan syväoppivan tekoälyohjelmiston.

Aiforia Technologies

Aiforia has gained a promising first foothold in the clinical segment of digital pathology. We continue to see the company in a good competitive position and on a clear trajectory to grow into one of the long-term winners in its market. On the other hand, poor growth predictability and elevated financing risks argue for some caution in pricing the company's potential.

<p>Aiforia has gained a promising first foothold in the clinical segment of digital pathology. We continue to see the company in a good competitive position and on a clear trajectory to grow into one of the long-term winners in its market. On the other hand, poor growth predictability and elevated financing risks argue for some caution in pricing the company's potential. However, at the current share price, we believe that the company's value creation potential outweighs the risks. </p> 

	2022	23e	24e
Revenue	1.6	2.5	4.5
growth-%	64.9 %	56.2 %	79.2 %
EBIT (adj.)	-11.8	-12.6	-11.2
EBIT-% (adj.)	-731.9 %	-502.9 %	-248.7 %
EPS (adj.)	-0.47	-0.50	-0.43
Dividend	0.00	0.00	0.00
Dividend %
P/E (adj.)	neg.	neg.	neg.
EV/EBITDA	neg.	neg.	neg.

Aiforia: Promisingly started growth journey is just beginning

Key Estimate Figures2024-02-28

Forum discussions