SANUWAVE Health Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	32.63	20.4	16.74	13.01	4.06
Revenue	32.63	20.4	16.74	13.01	4.06
Revenue Growth (YoY)	59.99%	21.84%	28.69%	220.68%	294.37%
Cost of Revenue	8.08	6.04	4.33	4.99	1.16
Gross Profit	24.55	14.36	12.41	8.02	2.9
Selling, General & Admin	17.67	13.57	20.03	20.28	17.78
Research & Development	0.67	0.58	0.57	1.1	1.25
Operating Expenses	19.13	14.9	21.36	22.17	19.81
Operating Income	5.42	-0.54	-8.95	-14.14	-16.92
Interest Expense	-13.64	-15.62	-14.13	-7.1	-2.54
Currency Exchange Gain (Loss)	-	-	-	-0	-0.04
Other Non Operating Income (Expenses)	-29.45	-9.64	16.65	-2.62	-2.59
EBT Excluding Unusual Items	-37.67	-25.8	-6.44	-23.86	-22.09
Merger & Restructuring Charges	-	-	-	-	-1.1
Asset Writedown	-	-	-	-	-7.19
Other Unusual Items	6.33	-	-3.85	-3.37	-0.57
Pretax Income	-31.35	-25.8	-10.29	-27.23	-30.94
Income Tax Expense	0.03	0	0	0.03	-
Net Income	-31.37	-25.81	-10.29	-27.26	-30.94
Net Income to Common	-31.37	-25.81	-10.29	-27.26	-30.94
Shares Outstanding (Basic)	4	2	1	1	1
Shares Outstanding (Diluted)	4	2	1	1	1
Shares Change (YoY)	110.82%	44.47%	6.00%	37.08%	85.73%
EPS (Basic)	-7.03	-12.19	-7.02	-19.72	-30.68
EPS (Diluted)	-7.03	-12.19	-7.50	-19.72	-30.68
Free Cash Flow	1.97	-4.54	-17.17	-6.94	-12.77
Free Cash Flow Per Share	0.44	-2.14	-11.72	-5.02	-12.66
Gross Margin	75.23%	70.41%	74.13%	61.68%	71.36%
Operating Margin	16.60%	-2.65%	-53.47%	-108.70%	-416.93%
Profit Margin	-96.13%	-126.52%	-61.48%	-209.52%	-762.56%
Free Cash Flow Margin	6.02%	-22.25%	-102.55%	-53.33%	-314.79%
EBITDA	6.56	0.49	-8	-12.91	-15.9
EBITDA Margin	20.11%	2.39%	-47.78%	-99.20%	-
D&A For EBITDA	1.15	1.03	0.95	1.24	1.01
EBIT	5.42	-0.54	-8.95	-14.14	-16.92
EBIT Margin	16.60%	-2.65%	-53.47%	-108.70%	-
Revenue as Reported	-	-	-	-	4.06

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.