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SANUWAVE Health, Inc.

SNWV

$5.91 ▼ -0.17 (-2.88%) at close

17 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Moderately Bullish

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Analytical Summary

SANUWAVE Health, Inc. demonstrates solid fundamentals with strength in Profit Margin (%). However, watch Return on Common Equity (%) which shows concerning trends. Overall, the data suggests a moderately positive outlook with manageable risks.

Market Cap $50.6M

Dividend Yield —

Revenue Growth 35.0% ↘

Op. Margin 11.2% ↘

ROIC 34.3% ↗

FCF / Share $0.23 ↘

Trailing P/E 4.3x

Price / Book —

FCF Yield 3.8%

Debt / Equity -2.88

info Valuation on last close. End-of-day price, Aug 7, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$44.05M

↑ +35.0% —

Net Income Profit after all expenses

$11.81M

↑ +135.7% —

Operating Margin Operating profit as % of sales

11.2%

↓ -4.8% 59th

FCF / Share Free cash flow per share

$0.23

↓ -48.7% —

Long-Term Debt Long-term obligations

$21.89M

↓ -16.6% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability

Returns

Financial Health ↓

Cash Quality ↓

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue Growth YoY (%)	35.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+337%)	60.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+650%)	21.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+173%)	28.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+259%)	220.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+2659%)	294.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3580%)	-44.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-655%)	150.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1781%)	-46.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-679%)	42.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+432%)	13.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+74%)	5.9% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-26%)	4.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-50%)	-4.2% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-152%)	10.2% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+27%)	—	—
EPS Growth YoY (%)	N/M	39.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-60850.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	60.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	37.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-60.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—	—	42.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	54.8% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	-28.2% Weak ↓ Weak Declining Year-over-year change in net income	-150.7% Weak ↓ Weak Declining Year-over-year change in net income	62.2% Excellent ↑ Excellent Improving Year-over-year change in net income	11.9% Fair ↑ Fair Improving Year-over-year change in net income	-196.6% Weak ↓ Weak Declining Year-over-year change in net income	10.3% Fair ↑ Fair Improving Year-over-year change in net income	-110.0% Weak ↓ Weak Declining Year-over-year change in net income	14.0% Fair ↑ Fair Improving Year-over-year change in net income	-33.9% Weak ↓ Weak Declining Year-over-year change in net income	19.5% Good ↑ Good Improving Year-over-year change in net income	47.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-76.5% Weak ↓ Weak Declining Year-over-year change in net income	37.5% Excellent Excellent Year-over-year change in net income	31.4% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	-48.7% Weak ↑ Weak Improving Year-over-year change in free cash flow	N/M	-6760.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	-133.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	60.4% Excellent Excellent Year-over-year change in free cash flow	-6.4% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	54.6% Excellent Excellent Year-over-year change in free cash flow	0.4% Caution Caution Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	38.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	35.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	71.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	153.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	91.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	76.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-9.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	24.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-4.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	19.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	7.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	1.8% Weak Weak Compound annual revenue growth over 3 years	3.2% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	61.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	99.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	61.6% Excellent → Excellent Stable Compound annual revenue growth over 5 years	86.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	56.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	33.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	4.0% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	18.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	-0.8% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	11.4% Good Good Compound annual revenue growth over 5 years	5.8% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Operating Margin (%) (%)	11.2% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-25%)	11.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	-2.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-118%)	-53.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-456%)	-108.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-825%)	—	—	-388.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2687%)	—	-241.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1707%)	-459.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3164%)	—	—	—	—	—	—
Effective Tax Rate (%) (%)	0.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—	1.6% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	26.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+123%)	-101.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-945%)	-126.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1154%)	-61.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-612%)	-209.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1846%)	—	—	—	—	-467.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3999%)	-498.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-4252%)	—	—	—	—	—	—
FCF Margin (%) (%)	4.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-22.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-102.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-53.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-314.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	—	-198.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-207.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-233.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-359.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	-490.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—
FCF / Net Income (x)	0.16x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.06x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.18x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.67x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.25x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.41x Weak → Weak Stable Free cash flow relative to reported net income Optimal: > 1x	0.62x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.32x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.28x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.50x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.72x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	1.12x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.35x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.67x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.87x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.39x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Return on Invested Capital (%)	34.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-24.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	17.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	88.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-659.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	69.0% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	36.9% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	30.6% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	170.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	59.6% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	303.7% Excellent → Excellent Stable Return earned on debt + equity capital invested Optimal: > 10%	77.0% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	417.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	452.9% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	110.5% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	13.2% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.8% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	-2.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-45.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-76.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-109.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-260.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-609.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-299.1% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-330.0% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-463.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-127.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-376.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-327.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-142.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-389.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-155.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1137%)	209.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1296%)	59.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+298%)	25.1% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+67%)	70.0% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+366%)	225.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1403%)	103.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+591%)	75.7% Excellent → Excellent Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+405%)	56.0% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+274%)	93.2% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+521%)	81.8% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+446%)	—	184.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1129%)	98.2% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+555%)	—	141.9% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+846%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Debt to Equity (x)	-2.88x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-581%)	—	—	—	-0.67x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-212%)	-1.22x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-303%)	-0.06x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-110%)	-0.12x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-120%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	-0.78x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-231%)	—	—	—	-0.82x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-237%)	—	—	—
Interest Coverage (x)	1.32x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	0.31x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.28x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-2.41x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-2.05x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-12.44x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-7.66x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.60x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-3.36x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-3.88x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-11.10x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-13.75x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-16.59x Weak → Weak Stable Operating income divided by interest expense Optimal: > 5x	-18.27x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-18.66x Weak Weak Operating income divided by interest expense Optimal: > 5x	-12.28x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$9.93M	$-10.24M	$-1.80M	$-1.15M	$25.64M	$14.30M	$-1.17M	$1.52M	$-730.18K	$5.29M	$-152.93K	$-3.55M	$-182.31K	$5.30M	$-3.91M	$-417.46K	$-1.79M
Debt / EBITDA (x)	3.70x Caution Caution Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	-1.93x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.67x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.07x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.26x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.64x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	-0.89x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue per Share (USD)	$5.14	$7.31	$9.64	$0.03	$0.03	$0.01	$0.01	—	—	—	—	—	—	$0.04	$0.04	$0.06	—
Basic EPS, GAAP (USD)	$1.38	$-7.41	$-12.19	$-0.02	$-0.05	$-0.08	$-0.05	—	—	—	—	—	—	$-0.30	$-0.52	$-1.15	—
Free Cash Flow per Share (USD)	$0.23	$0.44	$-2.14	$-0.03	$-0.01	$-0.03	$-0.03	—	—	—	—	—	—	$-0.21	$-0.45	$-0.45	—
Book Value per Share (USD)	$-0.88	$-1.85	$-14.20	$-0.07	$-0.08	$-0.03	$-0.03	$-0.10	$-0.07	$-0.05	$-0.09	$-0.03	$-0.16	$-0.31	$-0.07	$-0.71	—
Tangible Book Value per Share (USD)	$-2.08	$-3.14	$-18.04	$-0.10	$-0.10	$-0.04	$-0.03	$-0.10	$-0.07	$-0.05	$-0.10	$-0.04	$-0.19	$-0.37	$-0.15	$-0.84	—
Basic Weighted Avg Shares (shares)	8.56M	4.46M	2.12M	549.47M	518.36M	378.13M	203.59M	—	—	—	—	—	—	20.92M	19.62M	12.92M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Working Capital (USD)	$642.00K	$-27.03M	$-54.97M	$-53.59M	$-51.86M	$-28.25M	$-9.91M	$-15.40M	$-9.96M	$-7.00M	$-851.80K	$-2.18M	$-1.70M	$-2.41M	$2.26M	$-7.03M	—
LT Debt (USD)	$21.89M	—	—	—	$26.26M	$16.74M	—	—	—	$5.37M	—	—	—	$5.37M	—	—	—
Total Equity (USD)	$-7.59M	$-15.79M	$-43.18M	$-41.01M	$-38.96M	$-13.72M	$-10.06M	$-15.36M	$-9.88M	$-6.91M	$-5.88M	$-1.55M	$-6.13M	$-6.52M	$-1.54M	$-10.52M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	$44.05M	$32.63M	$20.40M	$16.74M	$13.01M	$4.06M	$1.03M	$1.85M	$738.53K	$1.38M	$965.50K	$847.37K	$800.03K	$769.22K	$802.57K	$728.45K	—
Depreciation Expense (USD)	$974.00K	$788.00K	$1.03M	$952.00K	$532.00K	$299.00K	$71.21K	$22.33K	$24.07K	$19.86K	$3.61K	$14.29K	$19.57K	$20.38K	$19.03K	$829.58K	—
Net Income, GAAP (USD)	$11.81M	$-33.08M	$-25.81M	$-10.29M	$-27.26M	$-30.94M	$-10.43M	$-11.63M	$-5.54M	$-6.44M	$-4.81M	$-5.97M	$-11.30M	$-6.40M	$-10.24M	$-14.92M	—
Operating Cash Flow (USD)	$3.88M	$2.46M	$-4.54M	$-17.17M	$-6.41M	$-12.72M	$-6.41M	$-3.62M	$-1.53M	$-3.20M	$-3.47M	$-6.68M	$-3.92M	$-4.29M	$-8.83M	$-5.87M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 66 quarters

SANUWAVE Health, Inc.

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