Company research / SMTI

Sanara MedTech Inc. (SMTI)

CIK 0000714256 · Nasdaq · Orthopedic, Prosthetic & Surgical Appliances & Supplies

  • Sector Manufacturing
  • Incorporated TX
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Sanara MedTech Inc. reported revenue of $103.12M. Revenue grew 19.0% from the prior annual period.

Key ratios (year ended 2025-12-31)

92.7%
Gross margin
7.1%
Operating margin
-36.4%
Net margin
-632.5%
Return on year-end equity
19.0%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 8-K (current report) · 2026-10-16

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 1-for-100, first reflected in a filing dated 2019-05-20. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenuen/a$103.12M$86.67M$64.99M$45.84M$24.14M$15.59M$11.77M$5.84M$6.30M$5.51M
Cost of Revenue$7.65M$7.52M$8.14M$7.85M$6.36M$2.31M$1.62M$1.21M$507.4K$806.0K$943.6K
Gross Profitn/a$95.60M$78.53M$57.14M$39.48M$21.83M$13.97M$10.56M$5.33M$5.50M$4.56M
R&D Expensen/a$5.07M$2.83M$4.13M$3.37M$558.7K$40.2Kn/an/an/an/a
Operating Incomen/a$7.30M$1.26M-$4.22M-$12.52M-$7.38M-$5.03M-$2.74M-$501.9K$120.4K-$272.1K
Depreciation & Amortizationn/a$2.66M$2.79M$3.68M$2.37M$597.0K$291.4K$120.0K$83.9K$80.6K$60.9K
EBITDAn/a$9.97M$4.04M-$540.1K-$10.15M-$6.78M-$4.74M-$2.62M-$418.0K$201.1K-$211.2K
Net Income-$32.01M-$37.56M-$9.66M-$4.30M-$7.94M-$7.92M-$4.45M-$2.81M-$600.6K$331.3K-$415.7K
EPS (Diluted)n/a-$4.36-$1.14-$0.52-$1.00n/a-$0.76-$1.32$0.00$0.00-$0.01
Total Assets$69.15M$72.94M$88.09M$73.87M$61.04M$36.40M$9.83M$11.12M$3.04M$2.22M$2.17M
Total Liabilities$61.21M$67.01M$49.18M$29.28M$19.32M$6.24M$3.99M$4.72M$1.93M$2.12M$2.59M
Long-Term Debt$46.48M$45.97M$30.69M$9.69Mn/an/an/an/an/an/an/a
Shareholders' Equity$7.94M$5.94M$39.40M$44.83M$41.83M$30.64M$6.15M$6.61M$1.11M$102.5K-$423.1K
Cash & Equivalents$15.42M$16.58M$15.88M$5.15M$8.96M$18.65M$455.4K$6.61M$731.8K$463.2K$833.5K
Operating Cash Flow$5.69M$6.79M-$23.8K-$3.25M-$5.55M-$4.81M-$4.03M-$2.17M$277.1K-$139.9K$409.2K
Capital Expenditures$1.19M$4.63M$205.8K$265.2K$147.0K$171.9K$544.4K$182.8K$8.5K$43.9K$3.0K
Free Cash Flow$4.50M$2.16M-$229.6K-$3.51M-$5.70M-$4.99M-$4.58M-$2.35M$268.7K-$183.8K$406.2K
Shares Outstanding9.19M8.95M8.75M8.54M8.30M7.68M6.30M3.57M236.65M113.42M109.69M
Weighted Average Diluted Sharesn/a8.62M8.48M8.28M7.91M7.34M5.73M2.13M217.16M208.65M108.60M
EPS (Basic)n/a-$4.36-$1.14-$0.52-$1.00-$1.08-$0.76-$1.32$0.00$0.00-$0.01

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView