Sanuwave Health, Inc. reported record Q2 2025 revenues of $10.2 million, a 42% increase from Q2 2024. Gross margin was 78.3%, up from 73.2% in Q2 2024. Operating income was $1.9 million in Q2 2025, with equity compensation costs of $1.1 million. Revenue guidance for Q3 2025 is $12-$12.7 million.
CEO Morgan Frank expressed satisfaction with the 51% revenue growth in the first half of 2025. The Company sold 214 UltraMIST systems in the first six months, up 86% from 2024. Q3 is expected to focus on building momentum for breakout performance in Q4 2025 and 2026. Full year 2025 revenue guidance is $48-$50 million.
Sanuwave Health is a leading provider of FDA-approved wound care products. Non-GAAP financial measures like EBITDA and Adjusted EBITDA are used to assess operating performance. Adjusted EBITDA for Q2 2025 was $3.4 million, up from $1.5 million in Q2 2024. The Company focuses on regenerative medicine products for wound healing and other conditions. The Company uses non-GAAP financial measures like EBITDA and Adjusted EBITDA to evaluate its financial performance and make strategic decisions. These measures are also used by analysts and investors. However, they have limitations and should not be considered in isolation from U.S. GAAP results. Non-GAAP measures exclude certain charges impacting net income.
This press release contains forward-looking statements about the Company’s future financial results and business development plans. Investors should be aware that such statements are not guarantees of future performance and involve risks beyond the Company’s control. Factors like regulatory oversight, capital management, and competition may impact results. Detailed risks are discussed in the Company’s filings with the SEC. 1. Researchers have discovered a new species of bacteria in the Arctic that is capable of breaking down plastic at a faster rate than any other known microorganism. The bacteria, named Ideonella sakaiensis, could potentially be used to combat plastic pollution in the environment.
2. A recent study found that over 90% of seabirds have ingested plastic, with an average of 8 pieces per bird. The impact of plastic pollution on marine life continues to be a growing concern, highlighting the urgent need for solutions to reduce plastic waste and protect ocean ecosystems.
3. In a groundbreaking move, the European Parliament has voted to ban single-use plastics by 2021 in an effort to tackle plastic pollution. The ban will target items such as straws, plates, and cutlery, which are among the most commonly found plastic items in the ocean.
4. The United Nations has warned that if current trends continue, there will be more plastic than fish in the world’s oceans by 2050. The call to action comes amid growing concerns about the environmental impact of plastic pollution and the need for global efforts to address the issue.
Read more at GlobeNewswire: Sanuwave Announces Q2 FY2025 Financial Results