2026 Annual Report
Released
Released
Announcement PDF
ImpediMed Limited
Suite 31C, 12-18 Tryon Rd
Lindfield NSW 2070
Australia
E: investorrelations@impedimed.com
W : impedimed.com
27 August 2026
Companies Announcements Office
Australian Securities Exchange
2026 Annual Report
ImpediMed Limited (ASX:IPD) is pleased to release its Annual Report for the financial year
ended 30 June 2026.
Approved for release by the Board of ImpediMed Limited.
For more information, contact Leanne Ralph, Company Secretary, at
leanne.ralph@bellev.com.au
Transforming Connected,
Personalised Care
impedimed.com
Overview
Contents
ImpediMed is a leading global medical technology company that manufactures and sells
innovative medical devices employing bioimpedance spectroscopy (BIS) technology. These
devices are used for the non-invasive clinical assessment and monitoring of fluid status and
tissue composition in patients. ImpediMed is primarily addressing the significant challenges
and burdens of secondary lymphoedema, with a particular focus on breast cancer-related
lymphoedema (BCRL). Through the SOZO®
Digital Health Platform and L-Dex®
, ImpediMed
offers the only FDA-cleared technology utilising bioimpedance spectroscopy (BIS), and
remains the standard of care for the early detection and management of BCRL. Broadening
this reach across cancer survivorship, BodyComp™ Analysis is gaining momentum in
supporting interventions such as exercise oncology, lifestyle medicine, and wellness
programs.
Building on this foundation, ImpediMed is extending the same platform and clinical rigour
into two additional growth markets: heart health, where the SOZO platform is the only
FDA-cleared BIS solution for assessing fluid status in heart failure patients, and medical
weight management, where growing GLP-1 adoption is driving demand for body composition
monitoring beyond the scale. One system, one cloud platform, and one continuous patient
record now support all three.
Our commitment is to address significant unmet patient needs across cancer survivorship,
cardiac care, and weight management, improving long-term health outcomes through
innovation in the design and delivery of fluid and body composition analytics. Our Board and
Executive Leadership team are leading a refined strategy focused on sales execution,
disciplined commercial expansion, and customer-centric innovation.
Our mission: To improve patient outcomes by setting new standards of care in fluid and body
composition management.
Overview
Message from the Chair
Message from the CEO
SOZO®
Digital Health Platform
Operating and financial review
Environmental, Social and Governance
Board of Directors
Executives
Directors’ report
Remuneration report
Auditor's independence declaration
Financial statements
Consolidated entity disclosure statement
Directors' declaration
Independent auditor's report
Shareholder information
Glossary
Corporate directory
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02
03
05
10
14
16
17
19
25
40
41
82
83
84
89
92
93
01
On behalf of the Board of Directors and Management, I am pleased to present the Annual Report for ImpediMed Limited
for the 2026 financial year. Thank you to our shareholders for your continued support.
FY26 delivered continued progress against the strategy set in 2024, with revenue up 15% (or 20% in constant currency)
and reimbursement coverage for breast cancer-related lymphoedema reaching 95% of the U.S. population. Further detail
on these results is provided in the review of operations. From the Board's perspective, what stands out is the disciplined
approach the team is taking to convert a large addressable market into durable, recurring revenue growth.
FY26 also saw ImpediMed extend beyond its core lymphoedema business, launching SOZO®
Pro commercially into Heart
Health and Weight Management. Both are large, underserved markets where our existing clinical, regulatory and
commercial footprint gives us a genuine advantage, and both are still in the early, disciplined stages of their build-out.
On behalf of the Board, I want to acknowledge Dr Parmjot Bains, who stepped down as Managing Director and CEO
during the year after leading the Company through a period of significant transformation since January 2024. Parmjot's
focus on sales execution, reimbursement expansion and clinical validation materially strengthened the business she has
handed on, and the Board thanks her for her contribution. In April 2026, we welcomed Erik Anderson as Managing
Director and CEO. Erik brings twenty years of US commercial healthcare leadership, most recently as Division President
of Hologic's Breast and Skeletal Health business, and the Board is confident in his ability to build on the foundation laid to
date while sharpening our commercial execution and financial discipline.
Extending the SOZO Platform, appointment of new leadership and financial discipline have been defining themes of the
year. In June 2026, the Company completed a $15.3 million equity raising, used in part to partially repay our debt facility
underpinned with $5.0 million in annualised operating cost reductions. Together with continued revenue growth, these
actions put ImpediMed on a clearer path to operating cash flow breakeven.
I would like to acknowledge my fellow directors, whose guidance through a year of both growth and change has been
invaluable, and to thank our ImpediMed employees, whose commitment to patients continues to drive the Company
forward. On behalf of the Board, thank you for your continued support as we build the next chapter of ImpediMed's
growth.
Christine Emmanuel-Donnelly
Chair
Sincerely
Message from the Chair
Christine Emmanuel-Donnelly
Chair of the Board
02
FY26 was a year of real progress, and there is more work ahead of us to fully capture the opportunity in front of this
business. Revenue grew, reimbursement expanded significantly, and our platform offering got stronger. Our commercial
execution is strengthening to match the size of this opportunity, and that is the work we are focused on now.
Our foundation in Breast Cancer-Related Lymphoedema surveillance is strong, and it is the proof point for something
bigger. The clinical case for SOZO is proven. The reimbursement is in place. What we are now doing is expanding how we
engage health systems at an enterprise level to capture the full value of that position.
The focus on cancer survivorship has never been greater. Patients today are living longer after surgery, radiation,
chemotherapy, and hormone therapy, and each of those treatments carries its own lasting impact on the body that needs
to be tracked and managed over time to reduce the risk of cancer recurrence and keep patients healthy. At the same time,
the rise of GLP-1 use across the broader population is bringing new attention to lean muscle mass and body composition
as a marker of long-term health, including for cancer survivors. Exercise oncology is also emerging as a critical pillar of
survivorship care, with a growing body of clinical evidence showing that objective, measurable data is what allows care
teams to prescribe and monitor exercise as a therapeutic intervention, not just a lifestyle recommendation. We are also
seeing survivorship guidelines and accreditation standards continue to evolve in ways that call for exactly the kind of
objective, longitudinal measurement the SOZO Platform was built to provide.
This is a moment where the tools available to support survivors need to catch up with how much medicine has advanced.
We believe the SOZO Platform is positioned to be a foundational part of that answer, and we are expanding our
commercial reach to the stakeholders who build and fund these programs: the Survivorship Director, the VP of Oncology
Operations, the Nurse Navigator, the Quality leader, alongside the surgeon who remains central to everything we do in
breast cancer.
This is how we take a proven clinical win in one department and turn it into an enterprise-wide platform across the health
system.
The numbers
Total revenue reached $14.6 million, up 15% (or 20% in constant currency) year on year. Reimbursement coverage for
breast cancer-related lymphoedema reached 95% of the U.S. population, up from 82%. Our installed base grew to 1,236
systems globally. More than 1.5 million patient tests have now been completed since launch, 324,000 of them this year
alone.
SOZO Pro extended the platform into Heart Health and Weight Management, both now in early commercial build-out.
SOZO Pro remains the only FDA-cleared bioimpedance device available to patients with cardiac implantable devices, and
it now carries a Medicare National Coverage Determination covering roughly 75% of heart failure patients. Weight
Management is early, but the GLP-1 tailwind is real and growing, touching every patient population across cancer
survivorship, cardiac care, obesity medicine, and wellness segments.
We strengthened the balance sheet with a $15.3 million capital raise, paid down $5.0 million in debt, and cut $5.0 million
in annualised costs. We also brought in the commercial leadership this business needed to build real pipeline discipline
and account depth.
Message from the CEO
Erik Anderson
Managing Director and CEO
03
People, Performance, Culture
None of this works without the right people in the right roles. Since joining, I have focused on building an organisation
defined by clear goal alignment, role clarity, and high accountability. We are operating with urgency, because the patients
and caregivers who stand to benefit from the SOZO Platform deserve nothing less.
Looking ahead
In FY27, our priorities are clear:
1. Deepen Lymphoedema+ and the wider survivorship platform across existing and new health system accounts;
2. Drive greater utilisation and growth within our current customer base;
3. Scale Heart Health and Weight Management with a disciplined, results-focused approach and continue toward cash
flow breakeven.
I want to thank Dr Parmjot Bains for her leadership and the foundational work built over the last several years. I want to
thank our employees for their passion and focus, and our shareholders for their continued support as we look to
significantly strengthen this business every day.
Erik Anderson
Managing Director and CEO
Message from the CEO
04
One Platform. Three Growing Markets.
SOZO Digital Health Platform Growth
(as of 30 June 2026)
One platform.
Multiple FDA-cleared applications.
Proven outcomes.
ImpediMed's SOZO®
Digital Health Platform is redefining how clinicians monitor fluid status and tissue composition —
from a single 30-second, non-invasive scan. Built on proprietary bioimpedance spectroscopy (BIS) technology that sends
256 unique frequencies through the body, SOZO gives care teams objective, longitudinal data they can act on immediately
and trend over time through cloud-based, HITRUST-certified software.
FY26 marked a pivotal step in extending that platform beyond its foundation in breast cancer-related lymphoedema
(BCRL) detection. Today, the SOZO Digital Health Platform supports three converging growth markets — cancer
survivorship, heart health, and medical weight management — unified by one system, one cloud platform, delivering one
continuous patient record. Leading that expansion is SOZO®
Pro, our latest-generation system, which adds integrated
weight measurement to deliver comprehensive fluid status and tissue composition data in a single streamlined
assessment.
05
A single SOZO measurement provides:
L-Dex®
lymphoedema analysis
HF-Dex®
heart failure analysis
BodyCompTM
analysis
Hy-Dex®
hydration analysis
Lymphoedema - FDA clearance, CE Mark
Body composition - FDA clearance, CE Mark
Heart failure - FDA clearance, CE Mark
Protein calorie malnutrition - FDA clearance, CE Mark
One solution, multiple regulatory
authority cleared applications
1,236
SOZO systems placed globally,
incl. 642 in the U.S.
331M
Covered lives —
95% U.S. national reimbursement
coverage for L-Dex
1.5M
Patient tests: 16% 3-year CAGR in
patient testing volume (FY23–FY26)
18/25
Of the top 25 U.S. hospitals
are SOZO customers
Source: ImpediMed Q4 FY26 Quarterly Activities Report
and Investor Presentation (ASX: IPD), released 28 July 2026
1
1. US News Best Hospitals for Cancer rankings
https://health.usnews.com/best-hospitals/rankings/cancer
For many of the 18 million cancer survivors in the United States — a population growing by more than one million people
each year — completing treatment for their cancer does not mark the end of the health journey. Up to 1 in 5 breast cancer
patients will go on to develop secondary lymphoedema, a painful, chronic condition that can dramatically impact quality
of life, while up to 60% of survivors report an ongoing fear of cancer recurrence. Many also face muscle wasting and
fatigue, with limited tools available to detect these changes early.
The SOZO Digital Health Platform remains the only FDA-cleared, CE-marked and ARTG-listed BIS solution for
lymphoedema assessment, and clinical guidelines continue to reinforce its role: in May 2025, the NCCN Clinical Practice
Guidelines in Oncology reaffirmed BIS as the recommended tool for pre-treatment baseline measurement and ongoing
screening in at-risk cancer patients, joining standing recommendations from the American Society of Breast Surgeons,
International Society of Lymphology, Oncology Nursing Society, Multinational Association of Supportive Care in Cancer,
and the American Physical Therapy Association. NAPBC accreditation standards for survivorship continue to recommend
use of evidence-based guidelines to implement protocols for survivorship, which can include a lymphoedema prevention
program for regular symptom assessment and clinical evaluation using BIS.
In FY26, ImpediMed sharpened this opportunity into a formal commercial strategy — Lymphoedema + Body Composition
— that leads with SOZO®
Pro to support a multidisciplinary view of survivorship. From a single streamlined assessment,
SOZO Pro captures L-Dex®
lymphoedema analysis, BodyComp™ body composition analysis, and integrated weight in
under 30 seconds, giving oncology, physical therapy, and wellness teams one consistent longitudinal record for each
patient rather than three disconnected measurements. BodyComp™ analysis is FDA-cleared for unhealthy populations,
delivering patient data that clinicians can trust.
Lymphoedema + Body Composition:
A Broader Standard of Survivorship Care
Leading with Lymphoedema
+ Body Composition Monitoring
06
Source: NCCN Clinical Practice Guidelines in Oncology for Survivorship v.2.2025; ImpediMed Q4 FY26 Investor Presentation; ImpediMed/ASBrS 2026 clinical showcase.
Detects subclinical lymphoedema
before visible symptoms appear,
supporting earlier intervention
Tracks muscle mass and hydration
to guide exercise, nutrition,
and recovery planning
Extends naturally into multidisciplinary
programs — wellness, lifestyle medicine,
and exercise oncology
Operates on the same cloud platform
as SOZO, enabling seamless trending
as patients move across care settings
CANCER SURVIVORSHIP
Heart failure affects an estimated 6.7 million people in the United States, with roughly 1 million new diagnoses every year
and an outpatient monitoring market ImpediMed estimates at US$600 million. Fluid overload is one of the most common
— and most preventable — drivers of hospital readmission in this population, yet clinicians have historically lacked a fast,
objective way to monitor it between visits.
SOZO Pro is the only FDA-cleared BIS solution for assessing fluid status in heart failure patients and in patients with
pacemakers and cardiac implants, using the same HF-Dex®
analysis available across the SOZO platform. Medicare
coverage now extends to approximately 75% of heart failure patients, and reimbursement continues to expand alongside
the platform's broader coverage gains.
Having established SOZO Pro's regulatory foundation in cardiac care, ImpediMed's near-term priority is disciplined
commercial execution: expanding the sales effort in states with the strongest existing reimbursement, while supporting
investigator-initiated trials that build the clinical evidence base needed to broaden indication language and payer coverage
further.
HEART HEALTH MANAGEMENT
07
Source: ImpediMed Q4 FY26 Quarterly Activities Report and Investor Presentation (ASX: IPD).
Extending SOZO®
Pro into
Cardiac Care
6.7M
U.S. heart failure patients
$600M
Estimated U.S. outpatient
HF monitoring market
~1M
New heart failure diagnoses annually
~75%
HF patients now covered by
Medicare for SOZO
The rapid rise of GLP-1 medications has made weight management one of the fastest-growing areas in medicine — and
exposed a gap in how progress is measured. Rapid weight loss with GLP-1s or other therapies can affect weight loss by
up to 20%. Weight alone cannot distinguish fat loss from the muscle loss that so often accompanies rapid weight
reduction, and clinical guidelines are increasingly calling for body composition surveillance that goes beyond the scale.
SOZO addresses this gap directly. With SOZO Pro's integrated weight measurement layered onto BodyComp™ Analysis,
clinicians can track fat mass, muscle mass, and hydration status throughout a patient's weight-loss journey, helping
preserve lean mass and personalise care as GLP-1 adoption continues to accelerate.
Within the past 12 months, there has been rapid expansion of clinical guidelines from leading societies supporting
surveillance of body composition in medical weight management:
FY26 saw growing momentum in this segment, as medical weight management is touching all patient populations,
building natural synergies across cancer survivorship and cardiology customer relationships.
08
Beyond the Scale in the
GLP-1 Era
MEDICAL WEIGHT MANAGEMENT
The Lancet Diabetes &
Endocrinology Commission1
• Traditional measures of
obesity, such as BMI, should
only be used as a surrogate
measure of health risk at a
population level.
• Clinical Assessment of
Obesity requires confirmation
by objective measurements,
which can include direct
body fat measurement by
bioimpedance.
• Baseline and serial
assessment of lean body
mass during weight loss
pharmacotherapy.
• Use of validated tools—such
as bioimpedance—to
monitor changes in fat mass
and lean mass.
• Standard 6.4 Obesity
Medicine Data Collection:
Required Variables states
that accredited programs
must capture patient
variables for data collection
and outcomes monitoring for
obesity medicine patients,
which includes body fat
percentage at initial
presentation and change
over time.
The Obesity Society, in
collaboration with the Obesity
Medicine Association, American
Society for Nutrition (ASN), and
American College of Lifestyle
Medicine (ACLM)2
The American College of
Surgeons Metabolic and
Bariatric Surgery Accreditation
and Quality Improvement
Program (MBSAQIP®
)3
1. Rubino, Francesco et al. Definition and diagnostic criteria of clinical obesity. The Lancet Diabetes & Endocrinology, Volume 13, Issue 3, 221 – 26
2. Mozzafarian et al. Nutritional priorities to support GLP-1 therapy for obesity: a joint Advisory from the American College of Lifestyle Medicine, the American Society for Nutrition, the Obesity
Medicine Association, and The Obesity Society. The American Journal of Clinical Nutrition Volume 122, Issue 1, July 2025, Pages 344-36
3. Optimal Resources for Metabolic and Bariatric Surgery. American College of Surgeons, 2022
One system.
One cloud-based platform.
One continuous patient record.
Delivering
Personalised
Care.
Across all three segments, the underlying platform is the same: one non-invasive, 30-second scan; one FDA-cleared,
CE-marked, and ARTG-listed device; and one secure cloud record that follows the patient across their care journey. It is
this combination — proven technology, expanding clinical guideline support, and a widening base of reimbursed,
high-value use cases — that positions the SOZO Digital Health Platform for continued growth in FY27 and beyond.
09
Actionable
Aggregates and trends
patient data for actionable
insights
Quick
30-second,
non-invasive test
Secure
Controlled access to the HITRUST
certified SOZO network with
unique security settings
Scalable
Patient data accessible
by care teams across
the health system
Continued momentum with private payors
Since June 2023, ImpediMed has secured coverage for over 331 million lives in the U.S., including nine of the top ten
private payors and several regional payors. During the year the number of states with coverage above 90% increased
from 36 to 47 and of these 38 states have coverage above 95%.
Technology adoption – increased patient testing
Since the launch of SOZO, over 1.5 million patient tests have been conducted, with 324,000 in FY26, representing a 13%
year-over-year increase. Q4 FY26 saw a record 87,000 tests, an 18% increase compared with the same quarter of the
previous year. This patient database, which has grown at a 3-year CAGR of 16%, has enhanced the accuracy of SOZO,
automated key protocols, improved algorithms, and provided real-world data for regulatory clearances.
FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
Operating and Financial Review
10
Thousands
50
100
150
200
250
300
350
0
FY26
1. Compound Annual Growth Rate (based on annual totals)
16% 3-year CAGR1
SOZO Patient Tests (000s)
New Measurement Follow-up Measurement
Installed base growth
Global installed base grew 9% over the year finishing FY26 with 1,236 SOZO systems installed.
In the U.S., installed base grew in FY26 by 59 units or 10% to 642 units. In FY26 a total of 111 new units were installed,
down 3% compared with 114 new units installed in FY25. In Q4 FY26 a total of 36 new units were placed in the U.S., an
increase of 20% compared with the previous quarter, demonstrating improved momentum resulting from the emerging
impact of the focus on sales and marketing execution.
In the Rest of World (ROW) markets, the installed base grew 7% to 594 units, a net increase of 38 units over FY25. The
majority of ROW sales were made in Australia via the Company’s distribution partner.
Opening IB1
New devices added
1. Net of churn in current half
Operating and Financial Review
Installed Base Units
1H FY25 2H FY25 1H FY26 2H FY26 1H FY25 2H FY25 1H FY26 2H FY26 1H FY25 2H FY25 1H FY26 2H FY26
1,197
1,236
102
76
1,065
1,139
77
80
642
66
523
583
48
66
599
45
594
10
542 556
29
14
598
57
11
Up 9% vs FY25
Up 7% vs FY25
Up 10% vs FY25
GLOBAL U.S. REST OF WORLD
Global revenue
Total revenue in FY26 was $14.6 million, an increase of 15% or $1.9 million compared with FY25. In constant currency1
total revenue was $15.3 million, up 20% compared with the previous year. The increase in revenue was mainly due to new
SOZO system sales and recurring revenue growth in the North America market. Significantly, revenue associated with
SOZO Core Business2
in FY26 was $14.1 million, up $2.0 million or 17% compared with FY25.
Revenue in North America was $13.3 million, an increase of $1.7 million or 15% compared with FY25.
SOZO Core Business Annual Recurring Revenue (ARR) on
contracts was $14.4 million at 30 June 2026, compared
with $14.0 million at 30 June 2025. Churn rate 6.8%4
. In
constant currency, ARR was $15.8 million at 30 June 2026.
SOZO Core Business Total Contract Value (TCV)5
signed in
FY26 was $19.5 million, compared with $19.2 million
signed in FY25. In constant currency, FY26 TCV was $20.6
million.
1.Constant currency removes the impact of foreign exchange rate movements to facilitate comparability of operational performance. This is done by converting the current year revenue of
entities that use currencies other than Australian dollars at the average rates that were applicable in the prior year. The constant currency amounts have been calculated by translating US
dollar values to Australian dollars using the average exchange rate for FY25 (0.6459).
2.SOZO Core Business represents revenue from SOZO contracts in the Oncology/Lymphoedema market and excludes SOZO Clinical Business and legacy device/other revenues.
3.Annual Recurring Revenue (ARR) represents the amount of revenue reasonably expected to be recognised for the next 12-month period based on existing contracts, assuming installation
upon sale and no churn. The exchange rate used for 2H FY26 ARR calculation was 0.7098 (2H FY25: 0.6434).
4.Based on SOZO units globally. [Number of units cancelled or not renewed in the period] / [Average cumulative unit placements in the period].
5.SOZO Core Business Total Contracted Value (TCV) includes any consideration for the sale of SOZO units as well as the total licence fees for the duration of the signed contracts. Typically,
these contracts are for a period of three years.
Legacy/other
SOZO
Reported
Constant Currency
Reported
Constant Currency
Unallocated
ROW
North America
$A
millions
$A
millions
$A
millions
$A
millions
Operating and Financial Review
FY24 FY25 FY26
10.3
0.1
0.1
9.6
12.2
10.3
12.7
9.3
11.5
0.9
1.1
14.6
13.3
1.3
FY24 FY25 FY26
1H FY26 2H FY26
14.8 15.8
1H FY25 2H FY25
12.5
14.0
1H FY25 2H FY25 1H FY26 2H FY26
8.2
11.1
8.9
11.7
Global Revenue by Category Global Revenue by Geography
SOZO Core Business ARR SOZO Core Business TCV
0.7
0.5
12.7
14.2
0.4
14.6
12
12.5 8.0 11.3 8.7 10.7
14.0 14.4 14.4
$15.3m
in constant
currency
$15.3m
in constant
currency
Other financial results
Operating and Financial Review
Gross margin
Gross profit margin was 87% for the year, compared with 86% in FY25.
Finance and other income
Net finance expense for the year was $3.6 million, an increase of $3.4 million compared with FY25 driven by a full year of
interest expense associated with the SWK credit agreement executed in FY25. Total other income for the year was $1.2
million, in line with FY25.
Operating expenses
Total operating expenses for the year were $35.2 million, even with FY25 operating expenses of $35.2 million.
Salaries and benefits in FY26 were $19.6 million, a decrease of $0.4 million compared with the salaries and benefits
expense in FY25 of $20.0 million. Share-based payments were $0.8 million, $0.8 million lower compared with the $1.6
million in FY25. Together salaries and benefits and share-based payments represent 58% of total operating expenses
(FY25: 61%).
Administration expenses were $3.0 million for the year, a decrease of $0.2 million compared with FY25.
Depreciation and amortisation expenses were $4.2 million, a decrease of $0.4 million compared with FY25.
Operating result
Net loss from operations was $24.9 million in FY26, compared with $23.2 million in FY25. The increased loss was driven
by higher net finance expense, partially offset by higher gross profit resulting from new SOZO system sales and recurring
revenue growth, lower salaries and benefits and share-based payments expense, and lower depreciation and
amortization.
Cash
Cash and cash equivalents were $15.3 million at 30 June 2026 compared with $22.2 million at 30 June 2025.
Net cash used in operating activities during FY26 was $17.9 million compared with $15.6 million in the prior year. The net
cash used in operating activities in the period includes receipts from government grants/tax incentives of $1.2 million
compared with $0.9 million in FY25. Net cash used in investing activities during FY26 was $0.6 million compared with zero
in FY25.
13
1. Including Executive Directors
2. Excluding Non-executive Directors
Employee Category
2026
Male % Total
%
Female Male % Total
%
Female
2025
Non-executive Directors
Executive team1
Company-wide2
3
5
37
75%
50%
56%
1
5
29
25%
50%
44%
4
10
66
3
4
37
75%
40%
48%
1
6
40
25%
60%
52%
4
10
77
CEO Statement
Commitment to Patient Outcomes,
Sustainability, and Good Governance
FY2026 impact and ESG update
At ImpediMed, our mission is to improve patient outcomes by setting new standards of care in fluid and body composition
management. In FY26, this mission continued to guide our commitment to clinical excellence, compliance, sustainability,
social responsibility, and strong governance, especially as the Company extends its reach into Heart Health and Weight
Management alongside its core work in Cancer Survivorship.
Caring for our Patients
Since SOZO’s launch, more than 1.5 million patient tests have now been completed globally, with 324,000 of those
conducted in FY26 alone, a 13% increase year-over-year. As SOZO becomes embedded across a broader range of care
pathways, its ability to transform clinical outcomes and improve lives continues to grow.
Caring for our Planet
We continue to minimise our environmental footprint through sustainable practices, including reducing waste, optimising
energy usage, and ensuring responsible sourcing of materials. We work with our contract manufacturers and largest
suppliers to uphold these standards, and understand and minimise our environmental impact through device recycling
programs, with end-of-life equipment and parts disposed of through certified methods.
Caring for our People
Diversity is a cornerstone of our strength and a driver of innovation. ImpediMed’s Board and Executive Leadership team
reflect a broad range of skills, backgrounds and experiences that enable us to better serve the global healthcare
community. The table below summarises the number of women and men across the organisation as at 30 June.
Environmental, Social and Governance
14
Erik Anderson
Managing Director and CEO
Environmental, Social and Governance
We also uphold our social responsibilities to employees, customers, and communities, including local volunteering
programs and employee volunteer days, and continued participation in U.S. Cancer Survivorship communities and
forums.
Strong governance and Board evolution
Each year ImpediMed describes its corporate governance framework and its adherence to the ASX Corporate
Governance Principles and Recommendations (4th Edition), in its Corporate Governance Statement, which is available in
the Investor section on ImpediMed’s website.
The current Board was established in September 2023, bringing renewed focus on governance, accountability and
commercial oversight, and incl
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