NASDAQ$SMTI

Sanara MedTech Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Sanara MedTech reported record revenue driven by increased product recognition and team efforts.

Sanara MedTech Inc. announced its third quarter 2022 results, highlighting a record revenue achievement driven by increased product recognition. The company is integrating Scendia Biologics and has formed a new chronic wound care partnership with InfuSystem Holdings, Inc.

  • Achieved record revenue for the third quarter of 2022.
  • Revenue record for the historical business before the acquisition of Scendia Biologics.
  • Integrating Scendia into the Company.
  • Announced a new chronic wound care partnership with InfuSystem Holdings, Inc.

Headline financials

Total Revenue

$13M

Previous: $5.82M+124.0%
EPS (adj)

-$0.18

Previous: -$0.27+33.3%
Capital Expenditures

-$93.7K

Previous: -$30.2K-210.5%
Free Cash Flow

-$1.62M

Previous: -$2.08M+21.9%
Net Income

-$1.53M

Previous: -$2.05M+25.3%
Operating Income

-$3.12M

Previous: -$1.85M-68.4%
Gross Profit

$10.8M

Previous: $5.31M+103.8%
Cash & Equivalents

$10.3M

Previous: $22.4M-54.0%
Total Assets

$61.5M

Previous: $37.9M+62.1%
Stock-Based Comp

$683K

Previous: $229K+198.6%

Revenue & EPS history

Sanara MedTech · Revenue · Quarterly

$13M

Q3 2022+124%vs Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Sanara MedTech · $31.6M total across 2 segments · Q2 2023

  • Soft tissue repair
    $15.8M
  • Bone fusion products
    $15.8M

Forward guidance

The company looks forward to further integrating Scendia into its business and working with InfuSystem to continue providing solutions that improve outcomes and reduce costs of care.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.1%

Avg return

Earnings day

-2.5%

Avg return

5 days after

+1.6%

Avg return

30 days after

34%

22 / 65 earnings

Positive

+28.6%

Q4 2014

Best reaction

-25.0%

Q3 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-0.3%-12.1%
Q1 2026+13.0%+17.3%+19.5%
Q3 2025-23.4%-24.9%-7.6%
Q2 2025-4.8%-3.3%+6.4%
Q1 2025-9.0%-11.2%-17.9%
Q4 2024-12.6%-15.4%-10.4%
Q3 2024+6.3%-1.0%+2.5%
Q2 2024+14.9%+16.3%+20.2%
Q1 2024-5.0%-2.9%-0.5%
Q4 2023-1.8%-1.1%-13.1%
Q3 2023+18.8%+15.3%+37.5%
Q2 2023-12.5%-13.6%-22.6%
Q1 2023-5.0%-9.2%-5.9%
Q4 2022-0.1%-4.1%+17.9%
Q3 2022+4.1%+7.2%+3.2%
Q2 2022+1.2%-1.7%+13.4%
Q1 2022+5.0%+2.3%-12.2%
Q4 2021+2.5%+10.7%-10.9%
Q3 2021-1.6%-2.2%-15.8%
Q2 2021-8.3%-12.4%-14.5%
Q1 2021+5.2%+14.9%+28.7%
Q4 2020+14.5%+6.8%-4.5%
Q3 2020-4.5%-4.3%+15.7%
Q2 2020+9.8%+13.7%+37.2%
Q1 2020-20.7%-18.2%+28.8%
Q4 2019-4.3%+7.3%+30.9%
Q3 2019-3.9%-5.7%+5.1%
Q2 2019-11.5%-20.1%-17.2%
Q1 2019+0.0%-16.7%-16.7%
Q4 2018+0.0%-16.7%-16.7%
Q3 2018+0.0%+0.0%+0.0%
Q2 2018-10.0%-10.0%-30.0%
Q1 2018+20.0%+0.0%+20.0%
Q4 2017+20.0%+0.0%+20.0%
Q3 2017+0.0%+0.0%-14.3%
Q2 2017+0.0%+16.7%+16.7%
Q1 2017+0.0%+0.0%-22.2%
Q4 2016+0.0%+0.0%-10.0%
Q3 2016-20.0%-20.0%+0.0%
Q2 2016+20.0%+0.0%+0.0%
Q1 2016+0.0%
Q4 2015+0.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+11.1%
Q4 2014+28.6%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014+0.0%
Q4 2013+0.0%
Q3 2013+14.3%
Q2 2013+0.0%
Q1 2013+16.7%
Q4 2012-12.5%
Q3 2012-16.7%
Q2 2012+6.7%
Q1 2012+0.0%
Q4 2011-4.3%
Q3 2011+0.0%
Q2 2011-10.3%
Q1 2011-11.1%
Q4 2010+3.1%
Q3 2010-25.0%
Q2 2010+2.9%
Q1 2010+5.6%

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