Sanara MedTech (SMTI) Revenue & Revenue Breakdown

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Sanara MedTech Revenue Highlights

Latest Revenue (Y)

$64.99M

Latest Revenue (Q)

$20.16M

Main Segment (Y)

Royalty

Main Geography (Y)

Royalty Revenue

Sanara MedTech Revenue by Period

Sanara MedTech Revenue by Year

Date	Revenue	Change
2023-12-31	$64.99M	41.77%
2022-12-31	$45.84M	89.87%
2021-12-31	$24.14M	54.90%
2020-12-31	$15.59M	32.47%
2019-12-31	$11.77M	101.56%
2018-12-31	$5.84M	-7.41%
2017-12-31	$6.30M	14.47%
2016-12-31	$5.51M	63.33%
2015-12-31	$3.37M	28.09%
2014-12-31	$2.63M	52.49%
2013-12-31	$1.73M	47.11%
2012-12-31	$1.17M	-46.89%
2011-12-31	$2.21M	142.71%
2010-12-31	$910.42K	216.10%
2009-12-31	$288.02K	-0.75%
2008-12-31	$290.18K	-53.98%
2007-12-31	$630.50K	232.27%
2006-12-31	$189.75K	-10.14%
2005-12-31	$211.17K	148.38%
2004-12-31	$85.02K	305.64%
2001-12-31	$20.96K	-99.09%
2000-12-31	$2.30M	2.41%
1999-12-31	$2.25M	-

Sanara MedTech generated $64.99M in revenue during NA 2023, up 41.77% compared to the previous quarter, and up 1113.25% compared to the same period a year ago.

Sanara MedTech Revenue by Quarter

Date	Revenue	Change
2024-06-30	$20.16M	8.75%
2024-03-31	$18.54M	4.79%
2023-12-31	$17.69M	10.39%
2023-09-30	$16.02M	1.73%
2023-06-30	$15.75M	1.49%
2023-03-31	$15.52M	1.34%
2022-12-31	$15.32M	17.41%
2022-09-30	$13.04M	34.89%
2022-06-30	$9.67M	23.81%
2022-03-31	$7.81M	11.06%
2021-12-31	$7.03M	20.77%
2021-09-30	$5.82M	-7.22%
2021-06-30	$6.28M	25.31%
2021-03-31	$5.01M	4.60%
2020-12-31	$4.79M	11.21%
2020-09-30	$4.31M	45.13%
2020-06-30	$2.97M	-15.81%
2020-03-31	$3.52M	5.11%
2019-12-31	$3.35M	15.26%
2019-09-30	$2.91M	-3.59%
2019-06-30	$3.02M	21.34%
2019-03-31	$2.49M	5131.50%
2018-12-31	$47.54K	-96.97%
2018-09-30	$1.57M	-30.75%
2018-06-30	$2.26M	15.31%
2018-03-31	$1.96M	15.56%
2017-12-31	$1.70M	9.59%
2017-09-30	$1.55M	6.62%
2017-06-30	$1.45M	-9.49%
2017-03-31	$1.61M	-8.02%
2016-12-31	$1.75M	23.81%
2016-09-30	$1.41M	12.05%
2016-06-30	$1.26M	14.86%
2016-03-31	$1.10M	54.81%
2015-12-31	$707.47K	-21.88%
2015-09-30	$905.62K	21.54%
2015-06-30	$745.12K	-26.52%
2015-03-31	$1.01M	39.50%
2014-12-31	$726.88K	7.03%
2014-09-30	$679.12K	24.76%
2014-06-30	$544.35K	-20.22%
2014-03-31	$682.29K	47.29%
2013-12-31	$463.22K	-2.02%
2013-09-30	$472.75K	13.73%
2013-06-30	$415.69K	10.93%
2013-03-31	$374.72K	-14.71%
2012-12-31	$439.35K	21.96%
2012-09-30	$360.25K	33.52%
2012-06-30	$269.81K	159.10%
2012-03-31	$104.13K	-88.59%
2011-12-31	$912.73K	581.95%
2011-09-30	$133.84K	-41.27%
2011-06-30	$227.90K	-75.64%
2011-03-31	$935.41K	51.41%
2010-12-31	$617.81K	453.34%
2010-09-30	$111.65K	-2.89%
2010-06-30	$114.98K	72.41%
2010-03-31	$66.69K	14.24%
2009-12-31	$58.38K	-43.28%
2009-09-30	$102.93K	39.61%
2009-06-30	$73.72K	37.99%
2009-03-31	$53.43K	-28.48%
2008-12-31	$74.70K	-3.09%
2008-09-30	$77.08K	2.60%
2008-06-30	$75.13K	18.75%
2008-03-31	$63.27K	-13.49%
2007-12-31	$73.14K	-

Sanara MedTech generated $20.16M in revenue during Q2 2024, up 8.75% compared to the previous quarter, and up 129.87% compared to the same period a year ago.

Sanara MedTech Revenue Breakdown

Sanara MedTech Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20
Royalty	$201.00K	-	-	-
Royalty Revenue	-	$201.00K	$201.00K	$201.00K
Product Sales Revenue	-	-	$23.94M	$15.39M

Sanara MedTech's latest annual revenue breakdown by segment (product or service), as of Dec 23: Royalty (100.00%).

Quarterly Revenue by Product

Product/Service	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Jun 19	Mar 19	Sep 18	Jun 18	Mar 18
Royalty	$50.25K	$50.25K	$50.25K	$50.25K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	$15.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty Revenue	-	-	-	-	$50.25K	$50.25K	$50.25K	$50.25K	$150.75K	$50.25K	$50.25K	$50.25K	$50.25K	-	-	-	-	-	-
Product Sales Revenue	-	-	-	-	-	-	$9.62M	$7.76M	$16.96M	$4.96M	$4.74M	$4.26M	$2.92M	-	-	-	-	-	-
Product sales revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.47M	$5.45M	$2.48M	-	-	-
Royalty revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$50.25K	$58.63K	$8.38K	$150.75K	-	-
CellerateRX Gel	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$90.01K	$265.46K	$121.16K
CellerateRX Powder	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.37M	$3.88M	$1.79M
HemaQuell	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.84K	$25.18K	$6.60K
Other revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$56.54K	$45.75K

Sanara MedTech's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Royalty (100.00%).

Sanara MedTech Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20
Royalty Revenue	$201.00K	$201.00K	$201.00K
Product Sales Revenue	-	$23.94M	$15.39M

Sanara MedTech's latest annual revenue breakdown by geography, as of Dec 22: Royalty Revenue (100.00%).

Quarterly Revenue by Country

Country	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Jun 19	Mar 19	Sep 18	Jun 18	Mar 18
Product	$15.47M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty	$50.25K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty Revenue	-	$50.25K	$50.25K	$50.25K	$50.25K	$150.75K	$50.25K	$50.25K	$50.25K	$50.25K	-	-	-	-	-	-
Product Sales Revenue	-	-	-	$9.62M	$7.76M	$16.96M	$4.96M	$4.74M	$4.26M	$2.92M	-	-	-	-	-	-
Royalty revenue	-	-	-	-	-	-	-	-	-	-	$50.25K	$58.63K	$8.38K	$150.75K	-	-
Product sales revenue	-	-	-	-	-	-	-	-	-	-	$3.47M	$5.45M	$2.48M	-	-	-
CellerateRX Gel	-	-	-	-	-	-	-	-	-	-	-	-	-	$90.01K	$265.46K	$121.16K
CellerateRX Powder	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.37M	$3.88M	$1.79M
HemaQuell	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.84K	$25.18K	$6.60K
Other revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$56.54K	$45.75K

Sanara MedTech's latest quarterly revenue breakdown by geography, as of Mar 23: Product (99.68%), and Royalty (0.32%).

Sanara MedTech Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ATR	AptarGroup	$3.49B	$909.29M
NVST	Envista	$2.57B	$884.70M
HAE	Haemonetics	$1.31B	$336.17M
MMSI	Merit Medical Systems	$1.26B	$339.85M
ANGO	AngioDynamics	$303.91M	$67.49M
LMAT	LeMaitre Vascular	$193.48M	$54.82M
MHUA	Meihua Medical	$97.10M	$48.91M
SMTI	Sanara MedTech	$64.99M	$20.16M
PDEX	Pro-Dex	$53.84M	$14.89M
UTMD	Utah Medical Products	$50.22M	$10.01M
DXR	Daxor	$34.59M	$36.35M
KRMD	KORU Medical Systems	$28.52M	$8.18M
POCI	Precision Optics	-	$4.20M

SMTI Revenue FAQ

What is Sanara MedTech’s yearly revenue?

Sanara MedTech's yearly revenue for 2023 was $64.99M, representing an increase of 41.77% compared to 2022. The company's yearly revenue for 2022 was $45.84M, representing an increase of 89.87% compared to 2021. SMTI's yearly revenue for 2021 was $24.14M, representing an increase of 54.90% compared to 2020.

What is Sanara MedTech’s quarterly revenue?

Sanara MedTech's quarterly revenue for Q2 2024 was $20.16M, a 8.75% increase from the previous quarter (Q1 2024), and a 27.97% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $18.54M, a 4.79% increase from the previous quarter (Q4 2023), and a 19.42% increase year-over-year (Q1 2023). SMTI's quarterly revenue for Q4 2023 was $17.69M, a 10.39% increase from the previous quarter (Q3 2023), and a 15.50% increase year-over-year (Q4 2022).

What is Sanara MedTech’s revenue growth rate?

Sanara MedTech's revenue growth rate for the last 3 years (2021-2023) was 169.18%, and for the last 5 years (2019-2023) was 452.32%.

What are Sanara MedTech’s revenue streams?

Sanara MedTech's revenue streams in c 23 are Royalty

What is Sanara MedTech’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Sanara MedTech was Royalty. This segment made a revenue of $201K, representing 100.00% of the company's total revenue.