Stocks · Health care · Orthopedic, Prosthetic & Surgical Appliances & Supplies

Sanara MedTech Inc.

SMTI Clue Score48
United States Fiscal year ends December CIK 0000714256
$35.07 +0.06% Close, 9 Oct 2026
Price $35.07 +6.14% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue5.5Operating income−0.3Net income−0.4EPS, diluted−0.01Fiscal year 2017Revenue6.3 +14.5%Operating income0.1Net income0.3EPS, diluted0.00Fiscal year 2018Revenue5.8 −7.4%Operating income−0.5Net income−0.6 −281.3%EPS, diluted0.00Fiscal year 2019Revenue11.8 +101.6%Operating income−2.7Net income−2.8EPS, diluted−1.32Fiscal year 2020Revenue15.6 +32.5%Operating income−5.0Net income−4.4EPS, diluted−0.76Fiscal year 2021Revenue24.1 +54.9%Operating income−7.4Net income−7.9Fiscal year 2022Revenue45.8 +89.9%Operating income−12.5Net income−7.9EPS, diluted−1.00Fiscal year 2023Revenue65.0 +41.8%Operating income−4.2Net income−4.3EPS, diluted−0.52Fiscal year 2024Revenue86.7 +33.4%Operating income1.3Net income−9.7EPS, diluted−1.14Fiscal year 2025Revenue103.1 +19.0%Operating income7.3Net income−37.6EPS, diluted−4.36
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 5.5 6.3 5.8 11.8 15.6 24.1 45.8 65.0 86.7 103.1
Growth +14.5% −7.4% +101.6% +32.5% +54.9% +89.9% +41.8% +33.4% +19.0%
Operating income −0.3 0.1 −0.5 −2.7 −5.0 −7.4 −12.5 −4.2 1.3 7.3
Net income −0.4 0.3 −0.6 −2.8 −4.4 −7.9 −7.9 −4.3 −9.7 −37.6
Growth −281.3%
EPS, diluted −0.01 0.00 0.00 −1.32 −0.76 n/a −1.00 −0.52 −1.14 −4.36

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin82.9%Operating margin−4.9%Net margin−7.5%Free cash flow margin7.4%Fiscal year 2017Gross margin87.2%Operating margin1.9%Net margin5.3%Free cash flow margin−2.9%Fiscal year 2018Gross margin91.3%Operating margin−8.6%Net margin−10.3%Free cash flow margin4.6%Fiscal year 2019Gross margin89.7%Operating margin−23.3%Net margin−23.9%Free cash flow margin−20.0%Fiscal year 2020Gross margin89.6%Operating margin−32.3%Net margin−28.5%Free cash flow margin−29.4%Fiscal year 2021Gross margin90.4%Operating margin−30.6%Net margin−32.8%Free cash flow margin−20.7%Fiscal year 2022Gross margin86.1%Operating margin−27.3%Net margin−17.3%Free cash flow margin−12.4%Fiscal year 2023Gross margin87.9%Operating margin−6.5%Net margin−6.6%Free cash flow margin−5.4%Fiscal year 2024Gross margin90.6%Operating margin1.5%Net margin−11.2%Free cash flow margin−0.3%Fiscal year 2025Gross margin92.7%Operating margin7.1%Net margin−36.4%Free cash flow margin2.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 82.9% 87.2% 91.3% 89.7% 89.6% 90.4% 86.1% 87.9% 90.6% 92.7%
Operating margin −4.9% 1.9% −8.6% −23.3% −32.3% −30.6% −27.3% −6.5% 1.5% 7.1%
Net margin −7.5% 5.3% −10.3% −23.9% −28.5% −32.8% −17.3% −6.6% −11.2% −36.4%
Free cash flow margin 7.4% −2.9% 4.6% −20.0% −29.4% −20.7% −12.4% −5.4% −0.3% 2.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.4Capital expenditure−0.0Free cash flow0.4Fiscal year 2017Operating cash flow−0.1Capital expenditure−0.0Free cash flow−0.2 −145.2%Fiscal year 2018Operating cash flow0.3Capital expenditure−0.0Free cash flow0.3Fiscal year 2019Operating cash flow−2.2Capital expenditure−0.2Free cash flow−2.4 −974.8%Fiscal year 2020Operating cash flow−4.0Capital expenditure−0.5Free cash flow−4.6Fiscal year 2021Operating cash flow−4.8Capital expenditure−0.2Free cash flow−5.0Fiscal year 2022Operating cash flow−5.6Capital expenditure−0.1Free cash flow−5.7Fiscal year 2023Operating cash flow−3.2Capital expenditure−0.3Free cash flow−3.5Fiscal year 2024Operating cash flow−0.0Capital expenditure−0.2Free cash flow−0.2Fiscal year 2025Operating cash flow6.8Capital expenditure−4.6Free cash flow2.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.4 −0.1 0.3 −2.2 −4.0 −4.8 −5.6 −3.2 −0.0 6.8
Capital expenditure −0.0 −0.0 −0.0 −0.2 −0.5 −0.2 −0.1 −0.3 −0.2 −4.6
Free cash flow 0.4 −0.2 0.3 −2.4 −4.6 −5.0 −5.7 −3.5 −0.2 2.2
Growth −145.2% −974.8%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.8Shareholders’ equity−0.4Fiscal year 2017Cash0.5Shareholders’ equity0.1Fiscal year 2018Cash0.2Shareholders’ equity0.6Fiscal year 2019Cash6.6Total debt0.0Net cash (debt)6.6Shareholders’ equity6.6Debt to equity0.00Fiscal year 2020Cash0.5Shareholders’ equity6.2Fiscal year 2021Cash18.7Shareholders’ equity30.6Fiscal year 2022Cash9.0Shareholders’ equity41.8Fiscal year 2023Cash5.1Total debt9.7Net cash (debt)−4.5Shareholders’ equity44.8Debt to equity0.22Fiscal year 2024Cash15.9Total debt30.7Net cash (debt)−14.8Shareholders’ equity39.4Debt to equity0.78Fiscal year 2025Cash16.6Total debt46.0Net cash (debt)−29.4Shareholders’ equity5.9Debt to equity7.74
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.8 0.5 0.2 6.6 0.5 18.7 9.0 5.1 15.9 16.6
Total debt n/a n/a n/a 0.0 n/a n/a n/a 9.7 30.7 46.0
Net cash (debt) n/a n/a n/a 6.6 n/a n/a n/a −4.5 −14.8 −29.4
Shareholders’ equity −0.4 0.1 0.6 6.6 6.2 30.6 41.8 44.8 39.4 5.9
Debt to equity n/a n/a n/a 0.00 n/a n/a n/a 0.22 0.78 7.74

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
82.9% 87.2% 91.3% 89.7% 89.6% 90.4% 86.1% 87.9% 90.6% 92.7%
−4.9% 1.9% −8.6% −23.3% −32.3% −30.6% −27.3% −6.5% 1.5% 7.1%
n/a n/a n/a n/a n/a −33.1% −30.4% −6.8% −2.2% −0.4%
−7.5% 5.3% −10.3% −23.9% −28.5% −32.8% −17.3% −6.6% −11.2% −36.4%
7.4% −2.9% 4.6% −20.0% −29.4% −20.7% −12.4% −5.4% −0.3% 2.1%
Spending
n/a n/a n/a n/a 0.3% 2.3% 7.3% 6.4% 3.3% 4.9%
71.6% 83.7% 98.3% 111.1% 119.8% 116.2% 100.3% 87.7% 82.7% 76.3%
0.1% 0.7% 0.1% 1.6% 3.5% 0.7% 0.3% 0.4% 0.2% 4.5%
Returns
n/a 323.1% −102.3% −42.5% −72.3% −25.9% −19.0% −9.6% −24.5% −632.5%
−19.1% 14.9% −35.1% −25.3% −45.2% −21.8% −13.0% −5.8% −11.0% −51.5%
Balance and payout
n/a n/a n/a 0.00 n/a n/a n/a 0.22 0.78 7.74
119.5% 95.4% 65.7% 42.5% 40.6% 17.2% 31.6% 39.6% 55.8% 91.9%