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Mar 31

Sanara MedTech Q1 2025 Earnings Report

posted double-digit revenue growth but widened its net loss amid rising operating expenses

Key Takeaways

Sanara MedTech delivered 26% year-over-year revenue growth in Q1 2025, driven primarily by strong sales of soft tissue repair products. However, the company reported a wider net loss due to increased investments in its Tissue Health Plus segment and corporate infrastructure expansion.

Total Revenue
$23.4M
Previous year: $18.5M
+26.4%
EPS
-$0.41
Previous year: -$0.21
+95.2%
Gross Profit
$21.6M
Previous year: $15.5M
+39.0%
Cash and Equivalents
$20.7M
Previous year: $2.83M
+631.5%
Free Cash Flow
-$2M
Previous year: -$1.66M
+20.4%
Total Assets
$96.4M
Previous year: $70.9M
+35.9%

Sanara MedTech

Sanara MedTech

Sanara MedTech Revenue by Segment

Forward Guidance

Sanara aims to drive continued revenue growth in the Sanara Surgical segment while launching pilot programs and seeking partners for its THP initiative.

Positive Outlook

  • Achieved 26% year-over-year revenue growth
  • Improved gross margin to 92% from 90% YoY
  • Raised $12.25 million in new debt to support expansion
  • Sanara Surgical segment Segment Adjusted EBITDA grew by $1.5 million YoY
  • Expanded leadership team and product pipeline

Challenges Ahead

  • Net loss widened to $3.5 million
  • Free cash flow remained negative at nearly $2 million
  • Tissue Health Plus segment loss increased significantly
  • Operating expenses rose by 30% year-over-year
  • Higher interest expense impacted bottom line

Revenue & Expenses

Visualization of income flow from segment revenue to net income