Friday 6 November 2026 Export SNWV’s income statement to Excel — free account

Sanuwave Health Inc.

SNWV Healthcare Medical Devices

Sanuwave Health Inc.’s revenue for fiscal 2025 (year ended December 2025) was $44.1 million, up 35.0% from fiscal 2024.

Revenue: −3.13%
EPS: −224.2%
Free cash flow: +86.8%
Total debt: −28.4%

Quarter to June 2026, against a year earlier

2.20 0.05 −2.22%

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Market cap: $19.4M
P/E: 1.3×
Fwd P/E: −211×
Dividend yield: —
F-score: 6/9
Altman Z: −2.97
Beneish M: −0.90
Dividend safety: n/a

Overview

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	5	6	5	4
ROE Full definition →		29.07%	(166.66%)	(213.43%)	(254.57%)
ROA Full definition →		(31.98%)	35.02%	48.54%	43.82%
ROIC Full definition →		45.18%	26.60%	17.31%	7.46%
Return on Tangible Assets Full definition →		(181.88%)	134.97%	218.00%	209.52%
Average Days of Receivables Full definition →		40.97	44.93	49.39	48.10
Free Cash Flow per Share Full definition →		0.49	0.85	1.07	1.09
Free Cash Flow Full definition →		4.22	7.31	9.23	9.37
Capital Expenditures Full definition →		2.92	3.43	3.44	4.15
Other line items
Cash ROIC Full definition →		16.62%	20.57%	27.80%	29.90%
Accounts Receivable Turnover Full definition →		11.04	10.07	8.99	9.12
Accounts Payable Turnover Full definition →		2.21	2.89	2.76	2.85
Inventory Turnover Full definition →		1.75	2.00	1.82	1.61
Average Days of Payables Full definition →		162.35	117.70	117.51	115.86
Days of Inventory on Hand Full definition →		277.12	214.83	208.94	247.63
Tax Rate Full definition →		0.00	0.00	0.00	0.00
Research and Development Expense of Revenue Full definition →		2.19%	3.07%	4.07%	5.09%
Selling, General and Administrative Expense of Revenue Full definition →		63.21%	60.82%	63.30%	65.53%
Share Based Compensation of Revenue Full definition →		12.21%	11.01%	12.59%	13.37%
Interest Coverage Full definition →		0.53	0.79	0.66	0.43
Operating CF/Net income Full definition →		(0.14)	0.33	0.35	0.34
Depreciation/Fixed assets Full definition →		1.68	1.39	1.21	0.84
Capex/Depreciation Full definition →		0.87	1.25	1.49	2.20
Revenue per Share Full definition →		4.80	5.14	5.16	5.12
Operating CF per Share Full definition →		0.15	0.45	0.67	0.61
Capex per Share Full definition →		0.34	0.40	0.40	0.48
Capex to Sales Full definition →		(0.07)	(0.08)	(0.08)	(0.09)

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Columns are period end dates · fundamentals updated 26 Oct 2026

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