Sanara MedTech Inc. announced its Q1 2024 results, achieving a record revenue quarter with $18.5 million in net revenue, a 19% increase year-over-year. However, the company reported a net loss of $1.8 million, compared to a net loss of $1.2 million in the same quarter of the previous year.
Sanara MedTech achieved its tenth consecutive record revenue quarter.
Net revenue for Q1 2024 was $18.5 million, a 19% increase compared to Q1 2023.
The company reported a net loss of $1.8 million for Q1 2024, compared to a net loss of $1.2 million for Q1 2023.
Adjusted EBITDA for Q1 2024 was $0.3 million, compared to negative Adjusted EBITDA of $0.3 million for the same period last year.
Visualization of income flow from segment revenue to net income