SANUWAVE Health, Inc. (SNWV)

SANUWAVE Health Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	44.05	32.63	20.4	16.74	13.01
Revenue Growth (YoY)	34.98%	59.99%	21.84%	28.69%	220.68%
Cost of Revenue	10.08	8.08	6.04	4.33	4.99
Gross Profit	33.97	24.55	14.36	12.41	8.02
Selling, General & Admin	26.79	19.24	13.57	20.03	20.28
Depreciation & Amortization Expenses	0.88	0.79	0.75	0.77	0.78
Research & Development	1.35	0.67	0.58	0.57	1.1
Total Operating Expenses	29.02	20.7	14.9	21.36	22.17
Operating Income	4.95	3.85	-0.54	-8.95	-14.14
Interest Expense	-6.25	-13.78	-15.62	-14.13	-7.1
Other Non-Operating Income (Expense)	13.2	-23.13	-9.64	12.79	-5.99
Total Non-Operating Income (Expense)	6.95	-36.9	-25.26	-1.34	-13.09
Pretax Income	11.9	-33.06	-25.8	-10.29	-27.23
Provision for Income Taxes	-0.09	-0.03	-0	-0	-0.03
Net Income	11.81	-33.08	-25.81	-10.29	-27.26
Net Income to Common	11.81	-33.08	-25.81	-10.29	-27.26
Shares Outstanding (Basic)	9	4	2	1	1
Shares Outstanding (Diluted)	9	4	2	1	1
Shares Change (YoY)	103.51%	110.82%	44.47%	6.00%	37.09%
EPS (Basic)	1.38	-7.41	-11.25	-7.50	-18.75
EPS (Diluted)	0.41	-7.41	-11.25	-7.50	-18.75
Shares Outstanding	8.59	8.54	3.04	1.46	1.28
Free Cash Flow	1.93	1.97	-4.54	-17.17	-6.94
Free Cash Flow Growth	-1.58%	-	-	-	-
Free Cash Flow Per Share	0.21	0.44	-2.14	-11.72	-5.02
Gross Margin	77.11%	75.23%	70.41%	74.13%	61.68%
Operating Margin	11.23%	11.79%	-2.65%	-53.47%	-108.70%
Profit Margin	27.21%	-101.21%	-126.48%	-61.46%	-209.09%
FCF Margin	4.39%	6.02%	-22.25%	-102.55%	-53.33%
EBITDA	6.23	4.99	0.49	-8	-12.91
EBITDA Margin	14.14%	15.30%	2.39%	-47.78%	-99.20%
EBIT	4.95	3.85	-0.54	-8.95	-14.14
EBIT Margin	11.23%	11.79%	-2.65%	-53.47%	-108.70%
Effective Tax Rate	-0.72%	0.08%	0.02%	0.02%	0.10%

Updated Mar 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q