Spectral AI, Inc. (MDAI) vs Sanuwave Health Inc. (SNWV)
Spectral AI, Inc. and Sanuwave Health Inc. are both Medical Devices companies. Spectral AI, Inc. is the larger, with a market value of $53.1M against $41.7M — 1.3× the size. Spectral AI, Inc. has negative trailing earnings, so its P/E is not meaningful; Sanuwave Health Inc. trades at 3.0×. Sanuwave Health Inc. grew revenue faster over the last twelve months: 12.7% against −44.1%. Sanuwave Health Inc. has the higher net margin (34.7% vs −65.5%) and the higher return on invested capital (7.46% vs 0.00%). Across the 16 metrics below, Sanuwave Health Inc. leads on 14 and Spectral AI, Inc. on 2.
Valuation
Profitability
| Metric | MDAI | SNWV | Medical Devices median |
|---|---|---|---|
| Gross margin | 42.92% | 76.33% | 56.01% |
| Operating margin | (77.17%) | 3.41% | (15.03%) |
| Net margin | (65.54%) | 34.66% | (20.40%) |
| Free cash flow margin | (83.66%) | 21.29% | (7.24%) |
| Return on equity | 95.15% | (254.57%) | (15.32%) |
| Return on assets | (56.92%) | 43.82% | (19.72%) |
| Return on invested capital | 0.00% | 7.46% | (10.33%) |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack