Sanara MedTech Inc. (SMTI) FY2024 10-K Annual Report

Filed: Mar 25, 2025
Health Care
Orthopedic, Prosthetic & Surgical Appliances & SuppliesSEC EDGAR

Sanara MedTech Inc. (SMTI) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Mar 25, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Sanara MedTech Inc. FY2024 10-K Analysis

Business Overview

  • Core business model: Developer and marketer of surgical, chronic wound, and skincare technologies with value-based care services
  • New emphasis on Tissue Health Plus segment launching first pilot in Q2 2025 for value-based wound care targeting Medicare Advantage payers
+3 more insights

Management Discussion & Analysis

  • Revenue and profit figures not disclosed in MD&A section
  • No segment performance details provided
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Risk Factors

  • Regulatory risk: FDA 510(k) clearance required for products like BIASURGE and Chemo Mouthpiece, impacting go-to-market timing
  • Macroeconomic risk: Medicare Advantage payers targeted by Tissue Health Plus segment, exposed to changes in US healthcare reimbursement policies
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Sanara MedTech Inc. FY2024 Key Financial Metrics
XBRL

Revenue

$87M

+33.4% YoY

Net Income

-$10M

-124.6% YoY

Gross Margin

90.6%

+269bp YoY

Operating Margin

-7.7%

-126bp YoY

Net Margin

-11.2%

-453bp YoY

ROE

-24.5%

-1493bp YoY

Total Assets

$88M

+19.3% YoY

EPS (Diluted)

$-1.14

-119.2% YoY

Operating Cash Flow

-$23,784

+99.3% YoY

Source: XBRL data from Sanara MedTech Inc. FY2024 10-K filing on SEC EDGAR. All figures in USD.

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