Telix Pharmaceuticals (ASX:TLX) Sees 860% Profit Surge in FY24, Reaffirms FY25 Outlook Amid Global Expansion

Wed 21 May 25, 07:59 AM | Team Kalkine

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Highlights

Telix Pharmaceuticals reported a significant 56% year-on-year increase in revenue for FY24, reaching AUD 783.2 million.

Profit after tax surged 860% YoY to AUD 49.9 million in FY24, marking Telix’s second consecutive profitable year.

In Q1FY25, unaudited revenue hit AUD 186 million, a 62% YoY increase and a 31% rise over the previous quarter.

Telix reaffirmed its FY25 revenue guidance of AUD 770–800 million, supported by the RLS acquisition and ongoing Illuccix® sales.

The anticipated U.S. launch of Gozellix® in Q2 2025 is expected to support future revenue growth.

Melbourne-based Telix Pharmaceuticals Limited (ASX:TLX) is a biopharmaceutical company focused on developing and commercialising diagnostic and therapeutic radiopharmaceuticals. In the financial year 2024 (FY24), the company has reported a significant surge in revenue with momentum continuing in the first quarter of FY25 (1QFY25).

Financial performance in FY24

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