SMTI
Sanara Medtech Inc
NASDAQ: SMTI · HEALTHCARE · MEDICAL INSTRUMENTS & SUPPLIES
$18.99
+4.34% today
Updated 2026-04-30
Market cap
$171.42M
P/E ratio
—
P/S ratio
1.66x
EPS (TTM)
$-0.05
Dividend yield
—
52W range
$16 – $36
Volume
0.1M
Sanara Medtech Inc (SMTI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $189755.00 | $630505.00 | $290183.00 | $288021.00 | $910420.00 | $2.21M | $1.17M | $1.73M | $2.63M | $3.37M | $5.51M | $6.30M | $5.84M | $11.77M | $15.59M | $24.14M | $45.84M | $64.99M | $86.67M | $103.12M |
| Revenue growth (YoY) | — | +232.3% | -54.0% | -0.7% | +216.1% | +142.7% | -46.9% | +47.1% | +52.5% | +28.1% | +63.3% | +14.5% | -7.4% | +101.6% | +32.5% | +54.9% | +89.9% | +41.8% | +33.4% | +19.0% |
| Cost of revenue | $193057.00 | $223184.00 | $417099.00 | $1.11M | $538273.00 | $799626.00 | $798532.00 | $792774.00 | $803631.00 | $891970.00 | $943579.00 | $806038.00 | $507418.00 | $1.21M | $1.62M | $2.31M | $6.36M | $7.85M | $8.14M | $10.18M |
| Gross profit | $-3302.00 | $407321.00 | $-126916.00 | $-817207.00 | $372147.00 | $1.41M | $375012.00 | $933618.00 | $1.83M | $2.48M | $4.56M | $5.50M | $5.33M | $10.56M | $13.97M | $21.83M | $39.48M | $57.14M | $78.53M | $92.94M |
| Gross margin | -1.7% | 64.6% | -43.7% | -283.7% | 40.9% | 63.8% | 32.0% | 54.1% | 69.5% | 73.5% | 82.9% | 87.2% | 91.3% | 89.7% | 89.6% | 90.4% | 86.1% | 87.9% | 90.6% | 90.1% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $40190.00 | $558704.00 | $3.37M | $4.13M | $5.70M | $5.07M |
| SG&A | — | — | — | $900109.00 | $2.93M | $2.75M | $3.29M | $3.81M | $3.84M | $3.39M | $4.76M | $5.28M | $5.74M | $13.07M | $18.67M | $28.05M | $45.98M | $54.77M | $76.56M | $78.72M |
| Operating income | $-487885.00 | $-405737.00 | $-1.76M | $-1.84M | $-3.07M | $-5.01M | $-5.42M | $-2.93M | $-2.06M | $-964981.00 | $-272133.00 | $120444.00 | $-501860.00 | $-2.74M | $-5.03M | $-7.38M | $-12.52M | $-4.22M | $-6.72M | $9.15M |
| Operating margin | -257.1% | -64.4% | -606.1% | -639.6% | -337.2% | -226.9% | -461.7% | -169.6% | -78.3% | -28.6% | -4.9% | 1.9% | -8.6% | -23.3% | -32.3% | -30.6% | -27.3% | -6.5% | -7.7% | 8.9% |
| EBITDA | $-466099.00 | $-385657.00 | $-1.74M | $-2.42M | $-3.82M | $-4.54M | $-469766.00 | $-2.31M | $-1.93M | $-1.10M | $-180372.00 | $538777.00 | $-417970.00 | $-2.61M | $-4.14M | $-7.22M | $-11.57M | $-289097.00 | $-1.86M | $11.81M |
| EBITDA margin | -245.6% | -61.2% | -601.3% | -839.8% | -420.0% | -205.7% | -40.0% | -133.8% | -73.2% | -32.7% | -3.3% | 8.5% | -7.2% | -22.2% | -26.6% | -29.9% | -25.2% | -0.4% | -2.1% | 11.5% |
| EBIT | $-487885.00 | $-405737.00 | $-1.76M | $-2.54M | $-4.30M | $-5.01M | $-530938.00 | $-2.36M | $-1.98M | $-1.16M | $-241255.00 | $458129.00 | $-474906.00 | $-2.73M | $-4.43M | $-7.99M | $-13.94M | $-3.96M | $-6.78M | $9.15M |
| Interest expense | $135674.00 | $137019.00 | $14448.00 | $473278.00 | $801778.00 | $262340.00 | $1.22M | $1.79M | $293896.00 | $176892.00 | $174493.00 | $126825.00 | $86587.00 | $105919.00 | $11528.00 | $711.00 | $284746.00 | $475783.00 | $3.13M | $6.76M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-623559.00 | $-542756.00 | $-1.77M | $-2.30M | $-5.14M | $-12.74M | $-1.85M | $-4.15M | $-2.28M | $-1.34M | $-415747.00 | $331309.00 | $-600574.00 | $-2.81M | $-4.36M | $-7.92M | $-7.94M | $-4.30M | $-9.66M | $-37.56M |
| Net income growth (YoY) | — | +13.0% | -226.7% | -29.9% | -123.0% | -148.1% | +85.5% | -124.8% | +45.1% | +41.2% | +69.0% | +179.7% | -281.3% | -368.6% | -54.8% | -81.8% | -0.2% | +45.8% | -124.6% | -288.7% |
| Profit margin | -328.6% | -86.1% | -611.1% | -799.4% | -564.1% | -576.6% | -157.2% | -240.3% | -86.5% | -39.8% | -7.5% | 5.3% | -10.3% | -23.9% | -27.9% | -32.8% | -17.3% | -6.6% | -11.2% | -36.4% |