Sanara MedTech (SMTI) Income Statement: Revenue & Earnings

Sanara MedTech Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Sanara MedTech Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	86.67	64.99	45.84	24.14	15.59
Cost of Revenue	8.14	7.85	6.36	2.31	1.62
Gross Profit	78.53	57.14	39.48	21.83	13.97
Operating Expenses
Research & Development	5.70	4.13	3.37	0.56	0.04
Selling, General & Administrative	76.56	56.99	45.98	28.05	18.67
Operating Expenses	87.19	61.35	51.71	29.21	19.00
Operating Income	-8.65	-4.22	-12.52	-7.38	-5.03
Other Income/Expense
Interest Income	0.02	0.00	0.00	0.00	0.00
Interest Expense	3.13	-0.48	0.00	0.00	-0.01
Other Income/Expense	1.85	-0.25	-1.70	-0.62	0.01
Income
Income Before Tax	-9.91	-7.89	-13.94	-7.99	-4.45
Income Tax Expense	0.00	-0.67	-5.84	0.05	0.00
Net Income	-9.66	-4.30	-7.94	-7.92	-4.36
Net Income - Continuous Operations	-9.91	-4.44	-8.09	-7.99	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.86	-0.96	-11.57	-7.40	-4.74
EBIT	-6.78	-4.64	-13.94	-7.99	-5.03
Depreciation & Amortization	4.92	3.68	2.37	0.60	0.29
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-1.00	-1.00
Diluted EPS	-1.00	-1.00	-1.00	-1.00	-1.00
Basic Shares Outstanding	8.48	8.28	7.91	7.34	5.73
Diluted Shares Outstanding	8.48	8.28	7.91	7.34	5.73