Financial Snapshot

Revenue
$6.134M
TTM
Gross Margin
43.08%
TTM
Net Earnings
-$120.4K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
313.01%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.530M
Q3 2024
Cash
Q3 2024
P/E
-487.2
Nov 11, 2024 EST
Free Cash Flow
$252.2K
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2024 2023 2022
Revenue $5.020M $999.6K $1.040M
YoY Change 402.25% -3.91%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2024 2023 2022
Revenue $5.020M $999.6K $1.040M
Cost Of Revenue -$2.578M -$417.8K $585.1K
Gross Profit $2.442M $581.8K $455.2K
Gross Profit Margin 48.65% 58.21% 43.75%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2024 2023 2022
Selling, General & Admin -$1.756M $694.4K $515.0K
YoY Change -352.82% 34.84%
% of Gross Profit -71.88% 119.35% 113.15%
Research & Development -$22.35K $64.87K $34.77K
YoY Change -134.46% 86.56%
% of Gross Profit -0.92% 11.15% 7.64%
Depreciation & Amortization $88.23K $53.55K $82.81K
YoY Change 64.74% -35.33%
% of Gross Profit 3.61% 9.2% 18.19%
Operating Expenses -$1.842M $1.047M $632.6K
YoY Change -275.88% 65.55%
Operating Profit $600.6K -$465.4K -$177.4K
YoY Change -229.05% 162.33%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2024 2023 2022
Interest Expense -$277.2K $156.1K -$13.18K
YoY Change -277.63% -1284.14%
% of Operating Profit -46.16%
Other Income/Expense, Net -$854.3K $73.92K $1.580K
YoY Change -1255.71% 4578.73%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2024 2023 2022
Pretax Income -$253.8K -$391.5K -$189.0K
YoY Change -35.18% 107.13%
Income Tax -$150.9K -$38.74K -$65.00K
% Of Pretax Income
Net Earnings -$404.7K -$352.7K -$124.0K
YoY Change 14.73% 184.46%
Net Earnings / Revenue -8.06% -35.29% -11.92%
Basic Earnings Per Share -$0.03 -$0.03
Diluted Earnings Per Share -$0.03 -$0.01

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2024 2023 2022
Cash & Short-Term Investments $2.827M $131.6K
YoY Change 2048.85%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $166.6K $109.0K
YoY Change 52.85%
Inventory $354.3K $438.9K
Prepaid Expenses
Receivables $21.07K $42.18K
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.369M $721.7K
YoY Change 366.88%
Property, Plant & Equipment $406.9K $515.7K
YoY Change -21.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $109.0K $85.63K
YoY Change 27.23%
Total Long-Term Assets $1.121M $601.3K
YoY Change 86.41%
Total Assets $4.490M $1.323M
YoY Change
Accounts Payable $53.62K $160.7K
YoY Change -66.63%
Accrued Expenses $7.000K $8.900K
YoY Change -21.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.31K $209.0K
YoY Change -65.88%
Long-Term Debt $1.863M $1.584M
YoY Change 17.62%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.863M $1.584M
YoY Change 17.62%
Total Liabilities $1.934M $1.793M
YoY Change 7.88%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2024 2023 2022
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $58.67 Million

About Medinotec Inc.

Medinotec, Inc. is a holding company that engages in the manufacture and distribution of medical devices through its subsidiary. The company is headquartered in Johannesburg, Gauteng and currently employs 35 full-time employees. The company went IPO on 2023-03-21. Medinotec has a tracheal non-occlusive airway dilation technology and medical device that designs, manufactures and distributions. Its product includes Trachealator, Cape Cross PTCA Catheter, Cape Cross NC Catheter, Lamprey Suction Dissector, Aortic Perfusion and Dilatation Catheter, Micro CTO Catheter, Tracheal Stent, and Epistaxis Catheter. The products developed are sold through a network of distributors in many parts of the world and through a direct sales force in South Africa and the United States of America.

Industry: Surgical & Medical Instruments & Apparatus Peers: