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LumiraDx Ltd

lumiradx.com

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2022 20-F, filed May 1, 2023. Its latest SEC filing is a SC 13G/A from Nov 12, 2024.

The sections below describe the company as of the FY2022 annual report.

What Did They Do?

Sells diagnostic instruments, test strips and tests for healthcare systems, government organizations and national pharmacy chains.

Who Were Their Customers?

It sells Instruments or places them through reagent rentals, and uses channel partners and medical wholesalers to extend access; its commercial team works with key accounts to deploy the Platform across user networks.

Customers above 10% of revenue, FY2022
of revenue from two customers (27%, 10%)
FY2021: 45% from one customer

Did Revenues Turn Into Profits?

No. It lost $447.6M in .

Operating income,
−126% of revenue
▲ +194% (Loss) vs (−$109.2M, −26%)
Net income,
−176% of revenue
▲ +344% (Loss) vs (−$100.8M, −24%)

Who Did They Compete With?

Competes with Abbott Laboratories, Becton, Dickinson, Danaher, GenMark Diagnostics, Laboratory Corporation of America Holdings, Quest Diagnostics, QuidelOrtho, Roche Diagnostics, Siemens Healthineers, Quidel, BD, Cepheid, Accelerate Diagnostics, SD Biosensor, Boditech, and Aidian

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