Medinotec Inc. Financial Summary

Complete Filing Data

Medinotec Inc. reported Stockholders Equity of $2.56 million for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Medinotec Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Net Income Loss$2.2M-$404.7K-$352.7K
Selling And Marketing Expense-$113.2K-$84.6K-$53.8K
Revenues$9.1M$5.0M$999.6K
Research And Development Expense-$91.1K-$22.4K-$64.9K
Other Nonoperating Income Expense$387.00$4.3K$51.4K
Operating Income Loss$3.2M$600.6K-$238.6K
Operating Expenses-$1.7M-$1.8M-$820.4K
Nonoperating Income Expense-$167.4K-$854.3K-$152.9K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$3.0M-$253.8K-$391.5K
Gross Profit$4.9M$2.4M$581.8K
General And Administrative Expense-$1.4M-$1.7M-$648.2K
Cost Of Revenue-$4.3M-$2.6M-$417.8K
Deferred Income Tax Expense Benefit-$127.3K-$69.7K$38.7K
Interest Expense-$176.4K-$277.2K-$226.8K
Comprehensive Income Net Of Tax$2.1M-$388.9K-$272.1K
Deferred Income Taxes And Tax Credits$127.3K$97.3K-$23.3K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$55.8K$15.8K$80.7K
Current Income Tax Expense Benefit-$737.4K-$81.2K
Other Comprehensive Income Loss Before Tax$15.8K$80.7K
Income Taxes Paid-$266.4K-$33.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q4 2022Q3 2022Q2 2022Q4 2021Q3 2021
Net Income Loss$403.4K$346.6K$113.8K$310.3K$284.7K$87.2K-$492.4K-$33.2K$22.3K-$36.3K-$36.3K-$63.1K-$74.4K-$74.4K
Selling And Marketing Expense$342.0K$674.4K-$21.8K$45.6K$22.4K-$21.0K$39.3K$26.5K-$46.0K$21.2K-$21.2K-$12.7K-$10.0K
Revenues$2.5M$3.2M$2.1M$2.6M$1.8M$1.3M$2.0M$350.8K$416.2K$388.0K$388.0K$196.5K$180.7K
Research And Development Expense$8.3K$66.2K-$49.0K$69.3K$1.9K-$15.0K$2.7K$11.9K-$2.3K$6.4K-$6.4K-$34.1K-$12.6K
Other Nonoperating Income Expense-$21.8K$12.3K$16.4K-$3.6K$14.2K$1.2K-$5.9K-$30.0K$30.7K$13.2K$13.2K$6.5K$291.00
Operating Income Loss$552.7K$528.6K$277.5K$527.5K$435.7K$269.2K$257.9K$55.7K$40.9K$25.5K$25.5K-$48.0K-$70.2K
Operating Expenses-$793.3K-$1.5M-$647.9K-$513.3K-$397.7K-$331.1K$606.0K$234.1K-$276.9K$197.8K-$197.8K-$158.5K-$178.7K
Nonoperating Income Expense-$10.0K$8.3K-$14.7K-$46.0K-$30.7K-$55.0K-$687.3K-$87.5K-$20.5K-$42.3K-$42.3K-$35.9K-$4.2K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest$542.7K$536.8K$262.8K$481.5K$405.0K$214.1K-$429.3K-$31.7K$20.3K-$16.8K-$16.8K-$83.9K-$74.4K
Gross Profit$1.3M$2.0M$925.3K$1.0M$833.4K$600.3K$863.9K$289.8K$317.7K$223.3K$223.3K$110.5K$108.4K
General And Administrative Expense$435.4K$725.5K-$569.6K$379.2K$353.8K-$277.2K$552.3K$183.3K-$216.1K$159.8K-$159.8K-$88.6K-$130.0K
Cost Of Revenue$1.2M$1.2M-$1.2M$1.5M$970.6K-$651.6K$1.1M$61.0K-$98.5K$164.7K-$164.7K$86.0K$72.3K
Deferred Income Tax Expense Benefit-$3.9K$3.7K$113.9K$9.4K$9.6K-$26.8K-$63.0K-$10.9K$2.0K-$19.6K$19.6K-$20.8K
Interest Expense$7.1K$40.3K$31.9K$43.4K$47.1K$58.0K-$66.7K-$70.8K-$65.6K$64.8K-$53.4K-$42.4K
Comprehensive Income Net Of Tax$662.9K$359.5K$98.0K$296.1K$279.5K$83.1K-$491.9K-$55.8K$66.9K-$48.8K-$147.1K-$54.6K
Deferred Income Taxes And Tax Credits-$113.9K$52.2K-$2.0K$16.1K-$20.8K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax$259.5K$13.0K$15.8K-$14.2K-$5.2K$4.2K$460.00-$22.6K$44.6K
Current Income Tax Expense Benefit-$135.4K-$193.9K-$262.8K-$180.6K$110.7K-$100.2K$12.3K
Other Comprehensive Income Loss Before Tax$259.5K$13.0K-$14.2K-$5.2K$460.00-$22.6K$44.6K-$12.5K$42.6K$8.5K
Income Taxes Paid

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Stockholders Equity *$2.6M-$470.0K-$120.1K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$2.8M$131.6K$81.0K
Common Stock Value$11.7K$10.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$39.2K-$18.5K$2.7M
Property Plant And Equipment Net$320.1K$406.9K$515.7K
Other Assets Current$117.2K$166.6K$109.0K
Minority Interest-$1.2M-$836.6K-$483.9K
Liabilities And Stockholders Equity$4.8M$4.5M$1.3M
Liabilities$2.6M$1.9M$1.8M
Inventory Gross$863.5K$354.3K$438.9K
Assets Current$4.4M$3.4M$721.7K
Assets$4.8M$4.5M$1.3M
Accumulated Other Comprehensive Income Loss Net Of Tax$100.4K$84.6K$3.9K
Accounts Receivable Net Current$589.8K$21.1K$42.2K
Accounts Payable And Accrued Liabilities Current$801.6K$71.3K$209.0K
Loans Payable To Bank$1.8M$1.9M
Liabilities Current$827.5K$71.3K
Deferred Tax Assets Deferred Income$42.9K$109.0K$85.6K
Temporary Equity Foreign Currency Translation Adjustments-$55.8K$15.8K$80.7K
Operating Lease Right Of Use Asset$62.0K
Operating Lease Liability Current$24.3K
Allowance For Loan And Lease Loss Recovery Of Bad Debts-$642.0K
Repayments Of Debt-$895.3K-$9.7K
Operating Lease Liability Noncurrent$39.7K
Right Of Use Asset Obtained In Exchange For Finance Lease Liability$76.9K
Accounts And Notes Receivable Net$605.1K
Additional Paid In Capital Common Stock
Accrued Bonuses Current$1.6K
Accounts Receivable Noncurrent Accrued Interest Writeoff$52.1K
Other Loans Payable

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q4 2020
Stockholders Equity *$5.5M$4.8M$4.4M$4.3M$2.8M$2.5M$2.3M$2.2M$2.1M$2.6M$2.6M$2.9M$2.6M$2.8M-$470.0K-$100.6K-$25.1K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$2.9M$2.2M$2.0M$2.8M$2.7M$2.8M$2.5M$2.8M$2.7M$2.8M$2.7M$2.8M$2.8M$3.4M$168.7K$170.1K$81.0K
Common Stock Value$11.8K$11.8K$11.7K$11.7K$11.7K$11.7K$11.7K$11.7K$11.7K$11.7K$11.7K$11.7K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$818.8K-$289.8K-$117.2K-$538.9K$3.4M-$1.4K
Property Plant And Equipment Net$325.9K$333.3K$344.7K$348.5K$378.3K$327.1K$316.3K$342.0K$360.1K$360.7K$455.4K
Other Assets Current$143.7K$161.2K$189.8K$52.7K$99.9K$100.5K$99.0K$126.8K$179.5K$186.2K$143.8K
Minority Interest$1.8M$1.4M$1.0M$918.1K-$559.1K-$869.4K-$1.2M-$1.3M-$752.8K-$814.3K-$766.1K
Liabilities And Stockholders Equity$6.9M$6.4M$7.4M$6.8M$5.4M$5.3M$4.3M$4.0M$4.9M$4.7M$5.1M
Liabilities$1.4M$1.5M$3.0M$2.5M$2.5M$2.8M$2.1M$1.9M$2.4M$2.1M$2.5M
Inventory Gross$1.2M$994.1K$928.1K$988.3K$1.2M$1.3M$958.3K$712.3K$636.0K$489.3K$659.6K
Assets Current$6.5M$6.0M$7.0M$6.4M$4.9M$4.9M$3.9M$3.6M$3.8M$3.6M$3.9M
Assets$6.9M$6.4M$7.4M$6.8M$5.4M$5.3M$4.3M$4.0M$4.9M$4.7M$5.1M
Accumulated Other Comprehensive Income Loss Net Of Tax$301.2K$41.8K$28.8K$44.6K$76.8K$91.0K$96.2K$107.0K$11.8K$129.2K$42.5K
Accounts Receivable Net Current$2.3M$2.6M$3.9M$2.6M$992.5K$771.4K$358.7K$76.2K$180.1K$241.2K$283.4K
Accounts Payable And Accrued Liabilities Current$1.3M$1.5M$2.1M$1.5M$1.4M$1.5M$744.6K$334.6K$110.0K$79.4K
Loans Payable To Bank$452.00$443.00$938.7K$940.3K$1.6M$2.2M$2.0M$1.6M$1.9M
Liabilities Current$1.4M$1.5M$2.1M$1.5M$1.5M$1.6M$771.8K$336.2K$123.9K$81.0K
Deferred Tax Assets Deferred Income$34.8K$34.4K$72.0K$18.6K$13.8K$14.1K$55.9K$118.9K$103.2K$109.0K
Temporary Equity Foreign Currency Translation Adjustments-$15.8K-$4.2K$460.00$44.6K-$12.4K$42.6K$8.5K-$1.1K
Operating Lease Right Of Use Asset$19.2K$25.5K$31.9K$37.3K$45.4K$52.9K$56.8K
Operating Lease Liability Current$21.9K$28.7K$30.0K$28.1K$28.2K$27.8K$25.6K
Allowance For Loan And Lease Loss Recovery Of Bad Debts$13.7K$13.2K$12.9K$629.5K
Repayments Of Debt-$37.9K-$541.5K
Operating Lease Liability Noncurrent$5.4K$12.7K$20.7K$28.5K$33.9K
Right Of Use Asset Obtained In Exchange For Finance Lease Liability$1.9K
Accounts And Notes Receivable Net$617.1K$605.3K$594.2K
Additional Paid In Capital Common Stock$3.3M$3.3M$3.3M$3.3M
Accrued Bonuses Current$1.6K$1.6K
Accounts Receivable Noncurrent Accrued Interest Writeoff$24.7K-$9.1K
Other Loans Payable$1.0M$1.2M$1.3M$1.8M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Operating Cash Flow *$877.8K$14.2K-$490.5K
Net Cash Provided By Used In Financing Activities-$894.5K-$8.1K$3.6M
Increase Decrease In Inventories-$91.6K-$480.6K$84.6K
Increase Decrease In Accounts Receivable-$2.0M-$631.2K-$21.0K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$66.4K-$34.8K$139.0K
Depreciation Depletion And Amortization$73.8K$88.2K$53.6K
Increase Decrease In Accounts Payable Trade$226.9K$621.7K-$137.7K
Payments To Acquire Property Plant And Equipment-$89.0K-$2.3K$55.3K
Net Cash Provided By Used In Investing Activities-$89.0K$10.1K-$529.7K
Proceeds From Interest Received
Increase Decrease In Customer Advances And Deposits-$11.9K-$10.7K
Proceeds From Issuance Of Long Term Debt$279.1K
Proceeds From Issuance Of Common Stock$3.3M
Increase Decrease In Prepaid Deferred Expense And Other Assets
Increase Decrease In Operating Lease Liability-$32.0K-$13.3K
Proceeds From Issuance Of Other Long Term Debt-$797.00-$1.6K-$279.1K
Proceeds From Interest And Dividends Received
Proceeds From Income Tax Refunds

Quarterly (10-Q, single quarters)

Metric \ QuarterQ2 2025Q2 2024Q2 2023Q3 2022Q2 2022Q3 2021
Operating Cash Flow *-$759.2K$246.2K-$274.7K-$255.6K-$68.2K-$468.9K
Net Cash Provided By Used In Financing Activities-$37.9K-$541.5K$77.6K$328.2K$3.5M$509.6K
Increase Decrease In Inventories$7.5K-$76.7K-$135.0K$116.4K-$64.8K-$517.0K
Increase Decrease In Accounts Receivable-$1.6M$308.4K-$239.6K$258.4K$9.1K$29.4K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents-$21.7K$11.6K$79.8K$10.2K$10.3K-$18.6K
Depreciation Depletion And Amortization$7.5K$23.2K$18.7K$19.8K$23.0K$25.3K
Increase Decrease In Accounts Payable Trade$699.0K$29.5K$9.7K-$108.7K$24.2K$125.1K
Payments To Acquire Property Plant And Equipment-$6.1K$27.5K-$20.1K$23.5K
Net Cash Provided By Used In Investing Activities-$6.1K-$621.7K-$20.1K-$23.5K
Proceeds From Interest Received$1.2K$1.2K$62.00
Increase Decrease In Customer Advances And Deposits-$147.2K-$50.9K
Proceeds From Issuance Of Long Term Debt$63.4K$328.2K$63.4K$509.6K
Proceeds From Issuance Of Common Stock$3.3M
Increase Decrease In Prepaid Deferred Expense And Other Assets$4.5K-$1.8K
Increase Decrease In Operating Lease Liability-$6.9K-$5.9K
Proceeds From Issuance Of Other Long Term Debt-$14.2K
Proceeds From Interest And Dividends Received-$51.2K
Proceeds From Income Tax Refunds$95.2K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Earnings Per Share Basic$0.18$-0.03$-0.03
Weighted Average Number Of Shares Issued Basic11.7M11.7M11.7M
Earnings Per Share Diluted

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q4 2022Q3 2022Q2 2022Q3 2021
Earnings Per Share Basic$0.03$0.03$0.01$0.03$0.02$0.01$-0.04$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Issued Basic11.7M11.7M11.7M
Earnings Per Share Diluted$0.03$0.01$0.02$0.01

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023
Depreciation And Amortization-$73.8K-$63.9K-$53.6K
Interest And Other Income$8.7K$60.6K$22.5K
Additional Paid In Capital$3.3M$3.3M
Foreign Currency Transaction Gain Loss Unrealized-$5.8K-$3.9K-$80.6K
Provision For Other Losses$737.4K$139.7K-$169.4K
Interest Paid Net
Stock Issued During Period Value Acquisitions$3.5M
Raising Fee Capitalized-$169.4K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q4 2022Q3 2022Q2 2022Q3 2021
Depreciation And Amortization$7.7K$7.5K-$7.5K$19.2K$19.5K-$17.9K$11.6K$12.4K-$12.4K$10.3K-$10.3K-$23.0K-$26.1K
Interest And Other Income$18.9K$36.3K$819.00$14.7K$15.4K$14.8K$14.9K$13.4K$14.3K$9.2K$9.2K$62.00
Additional Paid In Capital$3.4M$3.4M$3.3M$3.3M$3.3M$3.3M$3.3M$3.3M
Foreign Currency Transaction Gain Loss Unrealized-$17.3K-$985.00-$283.00
Provision For Other Losses$262.8K-$110.6K
Interest Paid Net$10.6K$10.2K
Stock Issued During Period Value Acquisitions$3.5M
Raising Fee Capitalized-$169.4K

Most recent annual filing with the SEC: May 29, 2025

Data sourced from SEC EDGAR public filings as of August 8, 2026.