Cirdan Imaging Ltd.

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Cirdan Imaging Ltd. - overview

Established

2010

Location

Lisburn, Northern Ireland, UK

Primary Industry

Healthcare IT

About

Cirdan Imaging Ltd. , based in the UK, specializes in innovative laboratory informatics software and imaging solutions aimed at enhancing diagnostic workflows and patient care. Founded in 2010 and headquartered in Lisburn, UK, Cirdan Imaging Ltd. focuses on providing advanced laboratory solutions.


In April 2026, Cirdan Imaging Ltd. raised approximately GBP 7 million in equity and debt funding from Salica Investments, 57 Stars, and Clarendon Fund Managers. Hugh Cormican serves as the CEO of the company. Cirdan Imaging Ltd.


provides cutting-edge laboratory informatics software and imaging solutions, including the ULTRA Laboratory Information System (LIS), which enhances laboratory data management through a cloud-first approach, and Cirdan Tutor, an educational platform for pathologists. The company also offers specialized imaging products like the Solas OR XL and Core Lite, designed for pathology labs, and operates in international markets such as North America, Europe, and Australia, catering to hospitals, research institutions, and national laboratories. In the most recent fiscal year 2024, Cirdan generated revenue of GBP 10,435,493. 90, with an EBITDA of GBP 102,027.


70, reflecting the company’s robust financial performance through its direct sales and subscription models. The company will use the April 2026 funding to support the continued development and global deployment of Vision Path and to accelerate international expansion.


Current Investors

Kernel Capital, Clarendon Fund Managers, 57 Stars

Primary Industry

Healthcare IT

Sub Industries

Bioinformatics, Healthcare IT, Oncology/Cancer Treatment

Website

www.cirdan.com

Verticals

HealthTech

Company Stage

Series A

Total Amount Raised

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Cirdan Imaging Ltd. - timeline of key events

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Cirdan Imaging Ltd. - financials

Fiscal Year EndedJun 30, 2014Jun 30, 2015Jun 30, 2016Jun 30, 2017Jun 30, 2018Jun 30, 2019Jun 30, 2020Jun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025
Revenue (USD)2,815,8073,105,494--2,874,8164,005,8154,505,3185,201,6975,092,169---
% Revenue Growth (YoY)-10.3%---39.3%12.5%15.5%(2.1%)---
EBITDA (USD)178,949343,810--(756,982)(1,067,206)(2,040,041)(1,397,889)(981,067)---
Operating Income (USD)21,04966,522--(956,453)(1,278,085)(2,188,608)(1,676,665)(1,297,839)---
Operating Margin0.7%2.1%--(33.3%)(31.9%)(48.6%)(32.2%)(25.5%)---
% EBITDA Margin6.4%11.1%--(26.3%)(26.6%)(45.3%)(26.9%)(19.3%)---
NET Income (USD)(1,660)26,945-(162,775)(501,143)(1,009,396)(1,996,505)(930,023)(1,587,308)---
% Net Margin(0.1%)0.9%--(17.4%)(25.2%)(44.3%)(17.9%)(31.2%)---

Cirdan Imaging Ltd. - employee data

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