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Sanara Medtech Inc
NASDAQ:SMTI

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Sanara Medtech Inc Logo
Sanara Medtech Inc
NASDAQ:SMTI
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Price: 32.53 USD 6.62%
Updated: May 21, 2024

Gross Margin
Sanara Medtech Inc

87.9%
Current
88%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
87.9%
=
Gross Profit
57.1m
/
Revenue
65m

Gross Margin Across Competitors

Country US
Market Cap 277.7m USD
Gross Margin
88%
Country CH
Market Cap 39.7B CHF
Gross Margin
56%
Country JP
Market Cap 6.5T JPY
Gross Margin
86%
Country DK
Market Cap 192.2B DKK
Gross Margin
67%
Country US
Market Cap 20.1B USD
Gross Margin
70%
Country US
Market Cap 19.3B USD
Gross Margin
66%
Country CN
Market Cap 59B CNY
Gross Margin
74%
Country UK
Market Cap 5.2B GBP
Gross Margin
159%
Country US
Market Cap 5.8B USD
Gross Margin
53%
Country US
Market Cap 5.7B USD
Gross Margin
64%
Country CA
Market Cap 5.1B USD
Gross Margin
61%

Profitability Report

View the profitability report to see the full profitability analysis for Sanara Medtech Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
87.9%
=
Gross Profit
57.1m
/
Revenue
65m
What is the Gross Margin of Sanara Medtech Inc?

Based on Sanara Medtech Inc's most recent financial statements, the company has Gross Margin of 87.9%.