State Ledger
Company profile

SANUWAVE Health, Inc. CIK 1417663

Ticker
SNWV (Nasdaq)
Industry
Surgical & Medical Instruments & Apparatus
Headquarters
Eden Prairie, MN
Fiscal year end
2025 (FY)
Market Data
Close
$5.50
Change
-$0.40
Change %
-6.70%
Volume
1,232

SNWV · trading date Oct 13, 2026 · previous close $5.90 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$44.05M
Net income
$11.81M
Total assets
$37.34M
Total liabilities
$35.72M
Stockholders' equity
$1.62M
Cash & equivalents
$11.96M
Operating income
$4.95M
Operating cash flow
$3.88M
Capital expenditures
$1.94M

Fiscal year 2025, via 10-K filed 2026-03-26. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
11.2%
Net margin
26.8%
Free cash flow
$1.93M
Free cash flow margin
4.4%
Liabilities / assets
95.7%
Equity / assets
4.3%
CapEx / revenue
4.4%
Operating cash flow / net income
0.33×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $44.05M $11.81M $37.34M $35.72M $1.62M
2024 $32.63M -$33.08M $30.12M $45.91M -$15.80M
2023 $20.40M -$25.81M $22.42M $65.59M -$44.55M
2022 $16.74M -$10.29M $19.87M $60.88M -$41.01M
2021 $13.01M -$27.26M $18.62M $57.58M -$38.96M
Company Details
SIC code
3841
State of incorporation
NV
Active filer
Yes
Most recent SEC filing
Form SCHEDULE 13G/A
2026-08-14
Financials filed via
Form 10-K
filed 2026-03-26

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Eden Prairie, MN
9600 W. 76TH STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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