NASDAQ$SMTI

Sanara MedTech Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced strategic, operational and financial results for the quarter and full year ended December 31, 2022.

Sanara MedTech Inc. reported record sales results in both the fourth quarter and the full year, driven by the expansion of its sales team's geographic coverage, increased average sales per facility, and an expanded product line.

  • Expanded geographic coverage of sales team.
  • Increased average sales per facility.
  • Offered an expanded line of products.
  • Achieved record sales results in both the fourth quarter and the full year.

Headline financials

Total Revenue

$15.3M

Previous: $7.03M+117.8%
EPS (adj)

-$0.51

Previous: -$0.48-6.3%
Capital Expenditures

$53.4K

Previous: $142K-62.3%
Free Cash Flow

-$698K

Previous: -$1.93M+63.7%
Net Income

-$11.7M

Previous: -$3.55M-230.0%
Operating Income

-$3.01M

Previous: -$3.41M+11.7%
Gross Profit

$12.9M

Previous: $6.25M+107.1%
Cash & Equivalents

$8.96M

Previous: $18.7M-52.0%
Total Assets

$61M

Previous: $36.4M+67.7%
Stock-Based Comp

$731K

Previous: $1.82M-59.8%

Revenue & EPS history

Sanara MedTech · Revenue · Quarterly

$15.3M

Q4 2022+117.8%vs Q4 2021
Beat estimate in 10 of 15 quarters(67%)
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 is focused on improving patient outcomes through evidence-based healing solutions and is actively seeking to expand within its six focus areas of wound and skin care for the acute, post-acute, and surgical markets.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+0.2%

Avg return

Earnings day

-2.3%

Avg return

5 days after

+1.0%

Avg return

30 days after

34%

22 / 64 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
Q1 2026+13.0%+17.3%
Q4 2025-0.3%-7.5%+4.3%
Q3 2025-23.4%-24.9%-7.6%
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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