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Onemednet Corp

onemednet.com

What Do They Do?

Provides curated clinical imaging and patient-record data to life sciences companies, and offers a medical-imaging exchange for healthcare providers and their patients.

How Do They Make Money?

Life sciences and other data customers pay fixed fees based on committed data units, invoiced in installments as the data is delivered. The imaging-exchange subscription charged for access, billed quarterly or annually in advance.

revenue
SegmentShareRevenue
Subscription Revenue
Recurring
7.7%
FY2022: 59%
Data Delivery Revenue
Sold outright

92%

Who Are Their Customers?

Life sciences companies—including pharmaceutical, medical-device, clinical research and AI businesses—are customers for curated imaging and clinical data. The imaging-exchange platform serves healthcare systems, imaging centers, physicians and patients.

Do Revenues Turn Into Profits?

No. It lost $2.8M in FY2025.

Operating income, FY2025
−711% of revenue
▲ +1% (Loss) vs FY2024 (−$9.6M, −1494%)
Net income, FY2025
−206% of revenue
▼ −72% (Loss) vs FY2024 (−$10.1M, −1575%)
Free cash flow, FY2025
−553% of revenue
▲ +7% (Loss) vs FY2024 (−$7M, −1089%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +88%
vs $155K in Q2 FY2025
Net income
▼ Now a loss
vs $3M in Q2 FY2025
Data Delivery Revenue share of revenue vs 69.7% in Q2 FY2025
  • Apr 20, 2026 Nasdaq notified OneMedNet of a minimum bid-price rule violation It had until October 12, 2026 to regain compliance; failure to do so could lead to delisting.

From blank-check firm to imaging-data business The older report describes a blank-check company seeking a business combination, with a focus on data centers and internet technology; the latest report describes curated clinical imaging data and a medical-imaging exchange business.

Revenue over time
Subscription Revenue Data Delivery Revenue Web Imaging Revenue
$2M$1M$0

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