Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m<1m<1m<1m<1m<1m<1m
% growth(46 %)(12 %)(38 %)(2 %)32 %(2 %)-
EBITDA(1.3m)(1.7m)(1.8m)(1.6m)(1.8m)(1.9m)-
% EBITDA margin(404 %)(595 %)(1043 %)(922 %)(801 %)(852 %)-
Profit(2.0m)(2.4m)(2.6m)(1.8m)(2.0m)(2.2m)-
% profit margin(610 %)(848 %)(1475 %)(1043 %)(901 %)(990 %)-

Source: Dealroom estimates

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DateInvestorsAmountRound
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Spinout
N/A

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Early VC

€80.0k

Grant
N/A

N/A

Early VC
N/A

N/A

Early VC
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N/A

Early VC
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N/A

Early VC
N/A

N/A

Early VC

N/A

Grant

€50.0k

Grant
Total FundingAUD221k

Recent News about Tethis

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More about Tethisinfo icon
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Tethis is a pioneering company in the healthcare sector, specializing in liquid biopsy technology. Liquid biopsy is a cutting-edge method for detecting cancer through a simple blood test, which can identify cancerous cells and DNA fragments shed by tumors into the bloodstream. This approach promises to revolutionize cancer management by enabling earlier detection and more precise treatment guidance.

Tethis aims to make liquid biopsy a standard practice in clinical settings. The company serves a diverse range of clients, including hospitals, research institutions, and pharmaceutical companies. By providing advanced diagnostic tools, Tethis helps these clients improve patient outcomes and streamline cancer treatment processes.

Operating in the rapidly growing market of cancer diagnostics and personalized medicine, Tethis leverages its proprietary technology to ensure the integrity of samples through immediate, automated, and standardized processing. This unique approach sets Tethis apart from competitors and enhances the reliability of test results.

The business model of Tethis revolves around the sale of its liquid biopsy kits and related services. The company generates revenue by selling these kits to healthcare providers and research organizations, as well as through partnerships with pharmaceutical companies for drug development and clinical trials.

In summary, Tethis is at the forefront of transforming cancer diagnostics with its innovative liquid biopsy technology. By making this advanced method widely accessible, Tethis is poised to play a crucial role in the future of cancer care.

Keywords: Liquid Biopsy, Cancer Detection, Diagnostics, Healthcare, Clinical Practice, Research, Pharmaceutical, Automated Processing, Early Detection, Personalized Medicine.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.