SANUWAVE Health, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:04:36Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.69M | 1.76M | -4.71M | — | -7.14M | -12.91M |
| EBITDA | 5.92M | 4.64M | 488.00K | -8.00M | -12.91M | -24.90M |
| Working Capital | 6.78M | -27.03M | -54.97M | -53.59M | -51.86M | -28.25M |
| Net Debt | 10.94M | 15.44M | 23.59M | 29.98M | 26.03M | 30.14M |
| Gross Margin | 77.11% | 75.93% | 74.59% | 80.01% | 70.49% | 79.80% |
| Operating Margin | 11.23% | 11.90% | -2.80% | -57.71% | -124.24% | -694.60% |
| Net Margin | 26.82% | -102.33% | -134.03% | -66.36% | -239.47% | -852.73% |
| Return on Equity (ROE) | 729.65% | 209.45% | 57.93% | 25.10% | 69.97% | 225.52% |
| Return on Assets (ROA) | 31.63% | -109.84% | -115.13% | -51.79% | -146.40% | -134.35% |
| Current Ratio | 1.38× | 0.41× | 0.15× | 0.11× | 0.08× | 0.22× |
| Debt-to-Equity | 14.15× | -1.63× | -0.57× | -0.76× | -0.68× | -2.37× |
| Effective Tax Rate | 0.72% | -0.08% | — | — | — | — |
| Cash Conversion Ratio | 0.33× | -0.07× | 0.18× | 1.67× | 0.24× | 0.41× |
| Accruals Ratio | 0.21× | -1.18× | -0.95× | 0.35× | -1.12× | -0.79× |
| SBC % of Revenue | 11.01% | 4.68% | 0.00% | — | 0.00% | 0.61% |
| CapEx Coverage | 1.77× | 3.52× | -26.69× | — | -8.80× | -64.89× |
| Free Cash Flow Per Share | $0.19 | $0.39 | $-2.22 | — | $-0.01 | $-0.03 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 72.78× | — | — | — | — | — |
| P/FCF | 160.17× | 58.42× | — | — | — | — |
| FCF Yield | 0.62% | 1.71% | — | — | — | — |
| EV / EBITDA | 45.15× | 45.72× | — | — | — | — |
| P/S | 5.82× | 6.08× | — | — | — | — |
| P/B | 158.30× | — | — | — | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | 32.33M | 19.25M | 15.51M | 11.38M | 3.63M |
| Revenues | 44.05M | 32.63M | 20.40M | 16.74M | 13.01M | 4.06M |
| Cost of Revenue | 10.08M | 8.08M | 6.04M | 4.33M | 4.99M | 1.16M |
| Gross Profit | 33.97M | 24.55M | 14.36M | 12.41M | 8.02M | 2.90M |
| Research and Development Expense | 1.35M | 673.00K | 579.00K | 567.00K | 1.10M | 1.25M |
| Operating Expenses | 29.02M | 20.70M | 14.90M | 21.36M | 22.17M | 28.09M |
| Operating Income (Loss) | 4.95M | 3.85M | -540.00K | -8.95M | -14.14M | -25.20M |
| Income Tax Expense (Benefit) | 86.00K | 27.00K | 4.00K | 2.00K | 28.00K | 0 |
| Net Income (Loss) Attributable to Parent | 11.81M | -33.08M | -25.81M | -10.29M | -27.26M | -30.94M |
| Earnings Per Share, Basic | $1.38 | $-7.41 | $-12.19 | $-0.02 | $-0.05 | $-0.08 |
| Weighted Average Number of Shares Outstanding, Basic | 8.56M | 4.46M | 2.12M | 549.47M | 518.36M | 378.13M |
| Earnings Per Share, Diluted | $0.41 | $-7.41 | $-12.19 | $-0.02 | $-0.05 | $-0.08 |
| Weighted Average Number of Shares Outstanding, Diluted | 9.08M | 4.46M | 2.12M | 549.47M | 518.36M | 378.13M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 11.96M | 10.24M | 1.80M | 1.15M | 619.00K | 2.44M |
| Assets, Current | 24.63M | 18.40M | 9.78M | 6.62M | 4.40M | 7.93M |
| Assets | 37.34M | 30.12M | 22.42M | 19.87M | 18.62M | 23.03M |
| Long-term Debt | 21.89M | — | — | — | 26.26M | 16.74M |
| Liabilities, Current | 17.85M | 45.42M | 64.75M | 60.22M | 56.26M | 36.17M |
| Long-term Debt, Excluding Current Maturities | 16.14M | — | — | — | 875.00K | 143.00K |
| Liabilities | 35.72M | 45.91M | 65.59M | 60.88M | 57.58M | 36.74M |
| Stockholders' Equity Attributable to Parent | 1.62M | -15.79M | -44.55M | -41.01M | -38.96M | -13.72M |
| Common Stock, Shares, Outstanding | 8.59M | 8.54M | 3.04M | 548.74M | 481.62M | 470.69M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.88M | 2.46M | -4.54M | -17.17M | -6.41M | -12.72M |
| Payments to Acquire Property, Plant, and Equipment | 1.94M | 490.00K | 0 | — | 529.00K | 53.00K |
| Net Cash Provided by (Used in) Investing Activities | 3.43M | -490.00K | 21.00K | 332.00K | -529.00K | -20.05M |
| Net Cash Provided by (Used in) Financing Activities | -5.59M | 6.35M | 5.21M | 17.38M | 5.12M | 33.45M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 374.00K | 3.22M | -1.29M | -1.99M | -1.74M | 490.00K |
| EBITDA | -830.00K | 2.34M | — | — | 810.00K | 2.23M |
| Working Capital | 5.65M | 6.78M | -1.35M | -30.25M | -31.95M | -27.03M |
| Net Debt | 11.33M | 10.94M | 14.77M | 19.46M | 18.18M | 15.44M |
| Gross Margin | 77.25% | 74.68% | 76.55% | 77.34% | 79.38% | 78.24% |
| Operating Margin | -11.69% | 14.95% | 7.91% | 14.17% | 6.47% | 19.58% |
| Net Margin | -14.96% | 57.43% | 84.82% | 5.43% | -65.85% | -129.46% |
| Return on Equity (ROE) | -78.29% | 475.11% | -127.61% | -2.93% | 29.40% | 84.24% |
| Return on Assets (ROA) | -3.88% | 20.60% | 27.21% | 1.67% | -19.83% | -44.18% |
| Current Ratio | 1.31× | 1.38× | 0.94× | 0.40× | 0.37× | 0.41× |
| Debt-to-Equity | 12.03× | 14.15× | -3.21× | -1.49× | -1.28× | -1.63× |
| Cash Conversion Ratio | -0.28× | 0.43× | 0.06× | -0.95× | 0.25× | -0.06× |
| Accruals Ratio | -0.05× | 0.12× | 0.26× | 0.03× | -0.15× | -0.47× |
| SBC % of Revenue | 16.75% | 9.98% | 30.76% | 20.75% | 10.49% | 14.73% |
| CapEx Coverage | 17.26× | 34.57× | 0.30× | -0.36× | -6.93× | 2.95× |
| Free Cash Flow Per Share | $0.04 | $0.35 | $-0.14 | $-0.22 | $-0.20 | $0.11 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 45.50× | — | — | — | — | — |
| P/S | 3.33× | 5.79× | 7.81× | 7.22× | 8.41× | 6.08× |
| P/B | 80.85× | 158.30× | — | — | — | — |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | 11.42M | 10.15M | 9.29M | 10.28M |
| Revenues | 9.62M | 13.39M | 11.27M | 10.05M | 9.33M | 10.33M |
| Cost of Revenue | 2.19M | 3.39M | 2.53M | 2.21M | 1.96M | 2.29M |
| Gross Profit | 7.43M | 10.00M | 8.74M | 7.85M | 7.38M | 8.04M |
| Research and Development Expense | 660.00K | 606.00K | 345.00K | 194.00K | 208.00K | 154.00K |
| Operating Expenses | 8.55M | 8.00M | 7.84M | 6.41M | 6.77M | 6.03M |
| Operating Income (Loss) | -1.12M | 2.00M | 903.00K | 1.44M | 601.00K | 2.01M |
| Net Income (Loss) Attributable to Parent | -1.44M | 7.69M | 9.69M | 551.00K | -6.12M | -13.31M |
| Earnings Per Share, Basic | $-0.17 | $0.90 | $1.13 | $0.06 | $-0.72 | $-1.12 |
| Weighted Average Number of Shares Outstanding, Basic | 8.59M | 8.56M | 8.57M | 8.56M | 8.55M | 4.46M |
| Earnings Per Share, Diluted | $-0.17 | $0.20 | $0.39 | $-0.04 | $-0.72 | $-1.12 |
| Weighted Average Number of Shares Outstanding, Diluted | 8.59M | 9.08M | 9.14M | 9.17M | 8.55M | 4.46M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 10.78M | 11.96M | 9.60M | 8.50M | 8.50M | 10.24M |
| Assets, Current | 23.96M | 24.63M | 22.63M | 20.17M | 18.83M | 18.40M |
| Assets | 37.10M | 37.34M | 35.60M | 33.05M | 30.86M | 30.12M |
| Long-term Debt | 20.51M | 21.89M | 23.28M | — | — | — |
| Liabilities, Current | 18.30M | 17.85M | 23.98M | 50.42M | 50.78M | 45.42M |
| Long-term Debt, Excluding Current Maturities | 14.76M | 16.14M | 17.53M | — | — | — |
| Liabilities | 35.26M | 35.72M | 43.19M | 51.84M | 51.67M | 45.91M |
| Stockholders' Equity Attributable to Parent | 1.84M | 1.62M | -7.59M | -18.80M | -20.81M | -15.79M |
| Common Stock, Shares, Outstanding | 8.59M | 8.59M | 8.58M | 8.57M | 8.55M | 8.54M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 397.00K | 3.32M | 557.00K | -524.00K | -1.52M | 741.00K |
| Payments to Acquire Property, Plant, and Equipment | 23.00K | 96.00K | 1.85M | 1.32M | 162.00K | 236.00K |
| Net Cash Provided by (Used in) Investing Activities | -158.00K | 279.00K | 3.15M | -1.32M | -162.00K | -236.00K |
| Net Cash Provided by (Used in) Financing Activities | -1.42M | -1.24M | -4.35M | 104.00K | -57.00K | 6.47M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (SNWV CIK 0001417663),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.