{"id":129939,"date":"2025-08-21T10:23:00","date_gmt":"2025-08-21T00:23:00","guid":{"rendered":"https:\/\/fnarena.com\/index.php\/2025\/08\/21\/telix-2025-half-year-results-strong-commercial-performance-enables-investment-for-long-term-growth\/"},"modified":"2025-08-21T10:23:00","modified_gmt":"2025-08-21T00:23:00","slug":"telix-2025-half-year-results-strong-commercial-performance-enables-investment-for-long-term-growth","status":"publish","type":"post","link":"https:\/\/fnarena.com\/index.php\/2025\/08\/21\/telix-2025-half-year-results-strong-commercial-performance-enables-investment-for-long-term-growth\/","title":{"rendered":"Telix 2025 Half-Year Results: Strong commercial performance enables investment for long-term growth"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1920208\/Telix_Main_Logo_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">MELBOURNE<\/span>, Australia&#160;and&#160;INDIANAPOLIS<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 21, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, &#034;Telix&#034;) today announces its financial results for the half-year ended <span class=\"xn-chron\">30 June 2025<\/span>. All figures are in USD unless stated otherwise.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<\/p><\/div>\n<p><b>H1 2025 key results<sup>[1]<\/sup><\/b><\/p>\n<p><b>Group performance<sup>[2]<\/sup>:&#160;Reflects&#160;strategic&#160;investment&#160;for&#160;long-term&#160;value&#160;creation<\/b><\/p>\n<ul type=\"disc\">\n<li>Revenue of <span class=\"xn-money\">$390.4 million<\/span>, up by 63%<sup>[3]<\/sup> and on track to meet full year guidance<sup>[4]<\/sup>.<\/li>\n<li>Group gross profit margin of 53% reflects product mix change to include third-party RLS sales. Illuccix&#174; margin remains stable.<\/li>\n<li>Adjusted EBITDA<sup>[5]<\/sup> of <span class=\"xn-money\">$21.1 million<\/span>, reflective of increased operating expenditure driven by strategic acquisitions, investment in commercial infrastructure, and research and development (R&#038;D) investment.<\/li>\n<li><span class=\"xn-money\">$81.6 million<\/span> invested into R&#038;D, a 47% increase year-over-year. Investment was primarily focused on late-stage assets in the therapeutics and precision medicine pipeline. Full year R&#038;D investment guidance is maintained<sup>[6]<\/sup>.<\/li>\n<li>Loss before tax of <span class=\"xn-money\">$4.8 million<\/span> includes <span class=\"xn-money\">$12.4 million<\/span> in non-cash finance costs associated with convertible bonds issued in <span class=\"xn-chron\">July 2024<\/span> and increased amortization cost of <span class=\"xn-money\">$9.5 million<\/span> (2024 <span class=\"xn-money\">$2.4 million<\/span>) following RLS acquisition.<\/li>\n<li>Positive operating net cash flow of <span class=\"xn-money\">$17.7 million<\/span>, cash balance <span class=\"xn-money\">$207.2 million<\/span> following <span class=\"xn-money\">$241<\/span>. 8 million of strategic merger and acquisition (M&#038;A) investment.<\/li>\n<\/ul>\n<p><b>Telix Precision Medicine: Commercial business delivers profitable growth<\/b><\/p>\n<ul type=\"disc\">\n<li>Precision Medicine segment revenue up by 30% compared to H1 2024, driven by continued increase in Illuccix dose volumes.<\/li>\n<li>Illuccix gross margin remains stable at 64%.<\/li>\n<li>Adjusted EBITDA up by 24% year-over-year to <span class=\"xn-money\">$104.6 million<\/span>.<\/li>\n<li>Selling and marketing expenses of <span class=\"xn-money\">$40.9 million<\/span>, reflecting incremental investment in commercial infrastructure for new product launches (Illuccix European launches and Gozellix&#174;, Zircaix&#174; and Pixclara&#174;<sup>[7])<\/sup>.<\/li>\n<\/ul>\n<p><b>Telix Manufacturing Solutions (TMS): Investment in infrastructure to scale operations and meet future demand<\/b><\/p>\n<ul type=\"disc\">\n<li>TMS segment includes RLS Radiopharmacies (RLS, U.S.<sup>[8]<\/sup>), IsoTherapeutics (TX, U.S.), and TMS facilities in <span class=\"xn-location\">Sacramento<\/span> (CA, U.S.), Brussels South (<span class=\"xn-location\">Belgium<\/span>), <span class=\"xn-location\">North Melbourne<\/span> (<span class=\"xn-location\">Australia<\/span>) and <span class=\"xn-location\">Yokohama<\/span> (<span class=\"xn-location\">Japan<\/span>), representing a significantly augmented global production and manufacturing footprint to support clinical and commercial operations.<\/li>\n<li>Operating expenses of <span class=\"xn-money\">$30.5 million<\/span> for the segment include <span class=\"xn-money\">$14.9 million<\/span> for RLS business and <span class=\"xn-money\">$15.6 million<\/span> to support start-up and integration activities (ex-RLS).<\/li>\n<li>RLS \u2013 the core revenue driver in TMS \u2013 reported <span class=\"xn-money\">$109.5 million<\/span> of revenue, which includes <span class=\"xn-money\">$79.0 million<\/span> from&#160;third-party PET<sup><span id=\"spanHghlt5cb0\">[9<\/span>]<\/sup> and SPECT<sup><span id=\"spanHghlte0b7\">[10]<\/span><\/sup> product sales and distribution service fees, and <span class=\"xn-money\">$30.5 million<\/span> inter-segment revenue.<\/li>\n<li>RLS delivered an Adjusted EBITDA loss of <span class=\"xn-money\">$1.1 million<\/span>.<\/li>\n<li>RLS operating loss includes <span class=\"xn-money\">$6.3 million<\/span> of depreciation and amortization.<\/li>\n<\/ul>\n<p><b>Telix Therapeutics: Reinvesting earnings to accelerate late-stage pipeline<\/b><\/p>\n<p>Of the total R&#038;D investment, 54% (<span class=\"xn-money\">$43.9 million<\/span>) was invested in the therapeutics pipeline. Milestones achieved include:<\/p>\n<ul type=\"disc\">\n<li><b>TLX591 (<\/b><sup><b>177<\/b><\/sup><b>Lu-rosopatamab&#160;tetraxetan): <\/b>Completed&#160;target&#160;enrollment&#160;of&#160;30&#160;patients for&#160;Part&#160;1&#160;of&#160;the&#160;Phase&#160;3&#160;study in&#160;advanced&#160;metastatic&#160;castration&#160;resistant prostate&#160;cancer (mCRPC).&#160;The&#160;trial&#160;has&#160;received&#160;regulatory&#160;approval&#160;to proceed in <span class=\"xn-location\">Australia<\/span>, <span class=\"xn-location\">China<\/span>, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">New Zealand<\/span>, <span class=\"xn-location\">Turkey<\/span> and <span class=\"xn-location\">Japan<\/span>.<\/li>\n<li><b>TLX592 (<\/b><sup><b>225<\/b><\/sup><b>Ac-PSMA-RADmAb<\/b>)<b>: <\/b>Approval&#160;to&#160;commence&#160;a&#160;Phase&#160;1,&#160;first-in-human&#160;therapeutic&#160;study&#160;of&#160;a&#160;targeted alpha therapy in advanced mCRPC.<\/li>\n<li><b>TLX101 (<\/b><sup><b>131<\/b><\/sup><b>I-iodofalan,&#160;or&#160;<\/b><sup><b>131<\/b><\/sup><b>I-IPA): <\/b>Approval to commence IPAX BrIGHT, an international pivotal trial, to commence at Australian sites initially.<\/li>\n<li><b>TLX090 (<\/b><sup><b>153<\/b><\/sup><b>Sm-DOTMP): <\/b>Investigational New Drug (IND) application approved for a Phase 1 bridging study for Telix&#8217;s therapeutic candidate for the palliation of bone pain in patients with osteoblastic metastatic disease to the bone.<\/li>\n<\/ul>\n<p><b>Commentary<\/b><\/p>\n<p>Managing Director and Group CEO, Dr. <span class=\"xn-person\">Christian Behrenbruch<\/span>, commented on the result:<\/p>\n<p>&#034;Telix continues to deliver strong revenue growth while building a foundation for the future. The first half of 2025 was a period of rapid transformation as we expanded our global manufacturing operations, invested in launching new products in new markets, and accelerated the development of our therapeutic pipeline. These investments have positioned Telix for sustainable, long-term growth, while our diversified business provides multiple drivers of success. To generate future revenue growth, we are confident in securing product approvals for Pixclara and Zircaix while advancing geographic and indication expansion for the PSMA portfolio.&#034;<\/p>\n<p><b>Summary Group financial results<\/b><\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"2\" nowrap=\"nowrap\"><\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml20\"><span class=\"prnews_span\"><b>H1<\/b>&#160;<b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml20\"><span class=\"prnews_span\"><b>H1<\/b>&#160;<b>2024<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml20\"><span class=\"prnews_span\"><b>US$M<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml20\"><span class=\"prnews_span\"><b>US$M<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">390.4<\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">239.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Cost of&#160;sales<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(181.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(82.4)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\"><b>Gross<\/b><b>&#160;profit<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>208.6<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>157.2<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Research and development (R&#038;D)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(81.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(55.4)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Selling&#160;and&#160;marketing<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(49.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(24.6)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Manufacturing&#160;and&#160;distribution<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(18.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(8.4)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">General&#160;and&#160;administration<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(47.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(39.2)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Other losses&#160;(net)<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(1.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(1.9)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\"><b>Operating<\/b>&#160;<b>profit<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>10.4<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>27.7<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Finance&#160;income<\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">3.6<\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">0.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\">Finance&#160;costs<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(18.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\">(5.7)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\"><b>(Loss)\/profit before <\/b><b>tax<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>(4.8)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>22.9<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\"><b>Adjusted<\/b>&#160;<b>EBITDA<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>21.1<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>37.1<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml8\"><span class=\"prnews_span\"><b>Cash from&#160;operating&#160;activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>17.7<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>23.3<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b>Guidance<\/b><\/p>\n<ul type=\"disc\">\n<li>Telix confirms FY 2025 revenue guidance of <span class=\"xn-money\">US$770 million<\/span> to <span class=\"xn-money\">US$800 million<\/span><sup>[<span id=\"spanHghlt4422\">11<\/span>]<\/sup>.<\/li>\n<li>Guidance reflects revenue from Illuccix sales in jurisdictions with a marketing authorization, and 11 months of revenue contribution from RLS<sup>[<span id=\"spanHghltb3d0\">12<\/span>]<\/sup>.<\/li>\n<li>Telix confirms R&#038;D expenditure guidance, expecting a year-over-year increased investment range for FY 2025 of 20% to 25% compared to FY 2024.<\/li>\n<\/ul>\n<p><b>lnvestor call<\/b><\/p>\n<p>An investor webcast and conference call will be held at <span class=\"xn-chron\">9.30am<\/span> AEST on Thursday <span class=\"xn-chron\">21 August 2025<\/span> (<span class=\"xn-chron\">7.30pm EDT Wednesday<\/span> <span class=\"xn-chron\">20 August 2025<\/span>).<\/p>\n<p>Participants&#160;can&#160;register for&#160;the&#160;webcast&#160;by&#160;clicking here:&#160;<a href=\"https:\/\/edge.media-server.com\/mmc\/p\/x4gytx8w\/\" target=\"_blank\" rel=\"nofollow noopener\" style=\"color: #0000FF\">https:\/\/edge.media-server.com\/mmc\/p\/x4gytx8w\/<\/a>&#160;or&#160;the teleconference here: <a href=\"https:\/\/s1.c-conf.com\/diamondpass\/10049152-x745re.html\" target=\"_blank\" rel=\"nofollow noopener\" style=\"color: #0000FF\">https:\/\/s1.c-conf.com\/diamondpass\/10049152-x745re.html<\/a><\/p>\n<p><b>About Telix Pharmaceuticals Limited<\/b><\/p>\n<p>Telix is a biopharmaceutical company focused on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals and associated medical technologies. Telix is headquartered in <span class=\"xn-location\">Melbourne, Australia<\/span>, with international operations in <span class=\"xn-location\">the United States<\/span>, <span class=\"xn-location\">United Kingdom<\/span>, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">Europe<\/span> (<span class=\"xn-location\">Belgium<\/span> and <span class=\"xn-location\">Switzerland<\/span>), <span class=\"xn-location\">Brazil<\/span> and <span class=\"xn-location\">Japan<\/span>. Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).<\/p>\n<p>Visit <a href=\"https:\/\/www.telixpharma.com\/\" target=\"_blank\" rel=\"nofollow noopener\" style=\"color: #0000FF\">www.telixpharma.com<\/a> for further information about Telix, including details of the latest share price, ASX and U.S. Securities&#160;and&#160;Exchange Commission&#160;(SEC)&#160;filings, investor&#160;and&#160;analyst presentations,&#160;news&#160;releases, event&#160;details&#160;and other publications that may be of interest. You can also follow Telix on <a href=\"https:\/\/www.linkedin.com\/company\/telixpharma\/\" target=\"_blank\" rel=\"nofollow noopener\" style=\"color: #0000FF\">LinkedIn<\/a>, <a href=\"https:\/\/x.com\/TelixPharma\" target=\"_blank\" rel=\"nofollow\" style=\"color: #0000FF\">X<\/a> and <a href=\"https:\/\/www.facebook.com\/TelixPharma\" target=\"_blank\" rel=\"nofollow noopener\" style=\"color: #0000FF\">Facebook<\/a>.<\/p>\n<p><b>Telix Investor Relations (Global)<br \/><\/b>Ms. Kyahn Williamson<br \/>Telix Pharmaceuticals Limited<br \/>SVP&#160;Investor&#160;Relations and&#160;Corporate&#160;Communications <br \/>Email: <a href=\"mailto:kyahn.williamson@telixpharma.com\" target=\"_blank\" rel=\"nofollow\" style=\"color: #0000FF\">kyahn.williamson@telixpharma.com<\/a><\/p>\n<p><b>Telix Investor Relations (U.S.)<br \/><\/b>Ms. <span class=\"xn-person\">Annie Kasparian<\/span><br \/>Telix Pharmaceuticals Limited<br \/>Director&#160;Investor&#160;Relations and&#160;Corporate&#160;Communications <br \/>Email: <a href=\"mailto:annie.kasparian@telixpharma.com\" target=\"_blank\" rel=\"nofollow\" style=\"color: #0000FF\">annie.kasparian@telixpharma.com<\/a><\/p>\n<p><i>Guidance&#160;Disclaimer<\/i><\/p>\n<p>The stated revenue guidance is based on expected global and domestic economic conditions and is subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially. As such, investors are cautioned not to place undue reliance on this guidance and in particular Telix cannot guarantee a particular result. In compiling financial forecasts, a number of key variables that may have a significant impact on guidance have been identified and are listed below.<\/p>\n<p>Key variables that could cause actual results to differ materially include: the success and timing of research and development activities; decisions by regulatory authorities regarding approval of our products as well as their decisions regarding label claims; competitive developments affecting our products; the ability to successfully market new and existing products; difficulties or delays in manufacturing; trade buying patterns and fluctuations in interest and currency exchange rates; legislation or regulations that affect product production, distribution, pricing, reimbursement, access or tax; acquisitions and divestitures; research collaborations; litigation or government investigations; and Telix&#8217;s ability to protect its patents and other intellectual property.<\/p>\n<p><i>This announcement has been authorized for release by the Telix Pharmaceuticals Limited Board of Directors<\/i><span id=\"spanHghlt550f\"><\/span><\/p>\n<p class=\"prntac\">Legal Notices<\/p>\n<p><i>Cautionary Statement Regarding Forward-Looking Statements.<\/i><\/p>\n<p><i>You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.<\/i><\/p>\n<p><i>The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including <span class=\"xn-location\">the United States<\/span>. The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement.<\/i><\/p>\n<p><i>This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as &#034;may&#034;, &#034;expect&#034;, &#034;intend&#034;, &#034;plan&#034;, &#034;estimate&#034;, &#034;anticipate&#034;, &#034;believe&#034;, &#034;outlook&#034;, &#034;forecast&#034; and &#034;guidance&#034;, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievement<span id=\"spanHghltd77e\">s <\/span><\/i><i><span id=\"spanHghlt2295\">to<\/span> differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix&#8217;s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix&#8217;s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the contex<span id=\"spanHghlta717\">t <\/span><\/i><i><span id=\"spanHghlt9867\">of<\/span> Telix&#8217;s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress, completion and results of Telix&#8217;s preclinical and clinical trials, and Telix&#8217;s research and development programs; Telix&#8217;s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix&#8217;s product candidates, manufacturing activities and product marketing activities; Telix&#8217;s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix&#8217;s product candidates, if or when they have been approved; Telix&#8217;s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix&#8217;s expenses, future revenues and capital requirements; Telix&#8217;s financial performance; developments relating to Telix&#8217;s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix&#8217;s business; and the pricing and reimbursement of Telix&#8217;s product candidates, if and after they have been approved. Telix&#8217;s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.<\/i><\/p>\n<p><i>Trademarks and Trade Names. All trademarks and trade names referenced in this press release are the property of Telix Pharmaceuticals Limited (Telix) or, where applicable, the property of their respective owners. For convenience, trademarks and trade names may appear without the &#174; or \u2122 symbols. Such omissions are not intended to indicate any waiver of rights by Telix or the respective owners. Trademark registration status may vary from country to country.<\/i><\/p>\n<p><i>Telix does not intend the use or display of any third-party trademarks or trade names to imply any affiliation with, endorsement by, or sponsorship from those third parties.<\/i><\/p>\n<p><i>&#169;2025&#160;Telix&#160;Pharmaceuticals&#160;Limited.&#160;All&#160;rights&#160;reserved.<\/i><\/p>\n<p><span id=\"spanHghlt1e39\">[1]. See summary Group financial results table at end of this document.<br \/>[2]. Group performance includes Telix Precision Medicine, Telix Therapeutics and Telix Manufacturing Solutions (TMS).<br \/>[3]. All comparisons to H1 2024 results.<br \/>[4]. FY 2025 revenue guidance of <span class=\"xn-money\">US$770 million<\/span> to <span class=\"xn-money\">US$800 million<\/span>.<br \/>[5]. Earnings before interest, tax, depreciation and amortization.<br \/>[6]. Increased investment range for FY 2025 expected to be 20% to 25% compared to FY 2024.<br \/>[7]. Launch and brand names subject to final regulatory approval.<br \/>[8]. RLS network is comprised of 28 locations across the U.S.<br \/>[9]. Positron emission tomography.<br \/>[10]. Single photon emission computed tomography.<br \/>[11]. Refer to ASX disclosures <span class=\"xn-chron\">20 February 2025<\/span>.<br \/>[12]. See Guidance Disclaimer for further information.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MELBOURNE, Australia&#160;and&#160;INDIANAPOLIS, Aug. 21, 2025 \/PRNewswire\/ &#8212; Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, &#034;Telix&#034;) today announces its financial results&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[105],"tags":[],"class_list":["post-129939","post","type-post","status-publish","format-standard","hentry","category-prnews"],"acf":[],"_links":{"self":[{"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/129939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=129939"}],"version-history":[{"count":0,"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/129939\/revisions"}],"wp:attachment":[{"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=129939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=129939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=129939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}