Sanara MedTech
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Sanara MedTech's past years’ income statements indicate that its last revenue has increased compared to the previous period by 42% to $64,989,841. The net income raised on -$4,303,197 and profit margin reached -7%. Total operating expenses were $61,127,178.
Profit Margin
| 2014 | 2.63M | -2.27M | -86.54% |
|---|---|---|---|
| 2015 | 3.37M | -1.34M | -39.75% |
| 2016 | 5.50M | -415.74K | -7.55% |
| 2017 | 6.30M | 331.30K | 5.25% |
| 2018 | 5.83M | -600.57K | -10.29% |
| 2019 | 11.76M | -2.93M | -24.9% |
| 2020 | 15.58M | -4.38M | -28.12% |
| 2021 | 24.14M | -7.30M | -30.26% |
| 2022 | 45.84M | -8.09M | -17.65% |
| 2023 | 64.98M | -4.30M | -6.62% |
SMTI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 64.98M | 45.84M | 24.14M | 15.58M | 11.76M | 5.83M | 6.30M | 5.50M | 3.37M | 2.63M |
Cost of revenue | 7.85M | 6.36M | 2.31M | 1.61M | 1.20M | 507.41K | 806.03K | 943.57K | 891.97K | 803.63K |
Gross profit | 57.13M | 39.48M | 21.83M | 13.97M | 10.55M | 5.33M | 5.49M | 4.56M | 2.48M | 1.82M |
Operating exp. | ||||||||||
Research and development | 4.13M | 3.36M | 558.70K | 40.19K | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 61.12M | 51.71M | 29.20M | 18.97M | 13.18M | 5.81M | 5.35M | 4.83M | 3.44M | 3.89M |
Operating income | -4.21M | -12.23M | -7.37M | -5.00M | -2.63M | -501.86K | 120.44K | -272.13K | -964.98K | -2.06M |
Other income (expenses), net | -224.74K | -1.70M | -617.63K | 589.46K | -205.72K | -24.68K | 210.86K | 30.87K | -375.47K | -215.64K |
Income before tax | -4.43M | -13.93M | -7.99M | -4.44M | -2.83M | -600.57K | 331.30K | -415.74K | -1.34M | -2.27M |
Income tax expense | 0 | -5.84M | -688.09K | -62.35K | 94.42K | 12.55K | -315.35K | -30.87K | 198.60K | -78.14K |
Net income | -4.30M | -8.09M | -7.30M | -4.38M | -2.93M | -600.57K | 331.30K | -415.74K | -1.34M | -2.27M |
Earnings per share | ||||||||||
Basic EPS | -0.52 | -1.02 | -1 | -0.76 | -1.37 | -0.28 | 0.17 | -0.38 | -1.26 | -2.16 |
Diluted EPS | -0.52 | -1.02 | -1 | -0.76 | -1.37 | -0.28 | 0.09 | -0.38 | -1.25 | -2.16 |
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