External broker reports(aggregated public sources), Ord Minnett

Ord Minnett

Ord Minnett is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning and funds management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>4DX delivered FY24 revenue up 5x to $3.8m (OMLe $3.9m), GP of $3.5m (OMLe $3.6m) and an EBITDA loss of -$30.5m (OMLe -$27.9m).</li><li>The formalisation of the Philips reseller agreement continues to take longer than expected but is progressing positively and remains a key catalyst (OMLe US revenue driver from 2H25E).</li><li>FY24 was a seminal year for 4DX with a run of material commercialisation milestones (CMS reimbursement, Philips, VA) establishing a pathway for rapid revenue generation (OMLe FY26E+). </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

4DX delivered FY24 revenue up 5x to $3.8m (OMLe $3.9m), GP of $3.5m (OMLe $3.6m) and an EBITDA loss of -$30.5m (OMLe -$27.9m).The formalisation of the Philips reseller agreement continues to take longer than expected but is progressing positively and remains a key catalyst (OMLe US revenue driver from 2H25E).FY24 was a seminal year for 4DX with a run of material commercialisation milestones (CMS reimbursement, Philips, VA) establishing a pathway for rapid revenue generation (OMLe FY26E+). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

4DMedical

4Dmedical - The Long Breath