SANUWAVE Health Inc. Financial Ratios — SNWV Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	-222.69	-159.7	-657.23	-191.04	-171.04	-655.96	-485	-946.97	-457.48	-234.29	-130.91	-53.48	-122.05	-125.95	35.02
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	104.15
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.44
Gross Margin (%)	67.37	71.37	76.28	74.04	70.49	58.93	67.24	62.51	47.61	71.36	61.68	74.13	70.41	75.23	77.11
EBITDA Margin (%)	-1,057.02	-745.59	-706.18	-665.88	-437.85	-217.39	-514.59	-386.9	-847.95	-419.1	-99.2	-47.78	2.39	15.3	14.14
Operating Margin (%)	-1,097.61	-788.12	-746.97	-703.77	-469.99	-241.13	-517.85	-388.11	-854.87	-444.05	-108.7	-53.47	-2.65	11.79	11.23
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35.86	9.61
Pretax Margin (%)	-1,275.75	-832.21	-1,494.29	-705.02	-498.22	-465.64	-749.86	-628.7	-1,013.86	-762.56	-209.31	-61.47	-126.5	-101.29	27.01
Profit Margin (%)	-1,275.75	-832.21	-1,412.41	-705.02	-498.22	-467.93	-749.86	-628.7	-1,013.86	-762.56	-209.52	-61.48	-126.52	-101.38	26.82
Net Income to Common Margin (%)	-1,275.75	-832.21	-1,412.41	-705.02	-498.22	-467.93	-749.86	-628.7	-1,013.86	-762.56	-209.52	-61.48	-126.52	-101.38	26.82
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.72
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	6	5	6	5	6	11	7	18	28	39	30	26	23
ST Debt	- -	- -	- -	5	- -	5	6	11	6	17	27	39	30	26	6
LT Debt	- -	- -	5	- -	5	- -	- -	- -	- -	1	1	- -	- -	- -	17
Total Debt/EBITDA	- -	- -	-0.99	-0.95	-1.32	-1.81	-1.59	-1.51	-0.79	-1.03	-2.18	-4.87	62.41	5.17	3.69
Net Debt/EBITDA	0.46	-0.06	-0.96	-0.32	-1.29	-1.76	-1.4	-1.46	-0.51	-0.84	-2.12	-4.67	57.72	3.02	1.61
Total Debt/EBIT	- -	- -	-0.94	-0.9	-1.23	-1.63	-1.58	-1.5	-0.79	-0.98	-1.99	-4.35	-56.4	6.7	4.65
Net Debt/EBIT	0.44	-0.06	-0.91	-0.31	-1.2	-1.59	-1.39	-1.45	-0.5	-0.79	-1.94	-4.18	-52.16	3.92	2.02
EBITDA to Interest Expense	- -	-17.29	-2.23	-12.8	- -	- -	-3.33	-1.59	-4.75	-6.69	-1.82	-0.57	0.03	0.36	1
EBITDA-CapEx/Interest Expense	- -	-17.29	-2.23	-12.82	- -	- -	-3.33	-1.6	-4.78	-6.71	-1.89	-0.57	0.03	0.33	0.69
EBIT to Interest Expense	- -	-18.27	-2.35	-13.52	- -	- -	-3.36	-1.6	-4.79	-7.09	-1.99	-0.63	-0.03	0.28	0.79
Interest Expense	- -	- -	3	- -	- -	- -	1	4	2	3	7	14	16	14	6
Common Equity/Total Assets	-24.92	-352.28	-385.87	-33.25	-613.32	-687.81	-772.66	-1,303.87	-297.56	-59.57	-209.24	-206.36	-192.62	-52.44	4.34
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,060.9
Long-Term Debt/Capital (%)	-0.58	-0.06	-1,044.52	- -	-1,844.68	- -	- -	- -	-14.56	13.83	-9.16	-21.53	-3.87	1.91	69.85
Long-Term Debt/Total Assets (%)	0.14	0.21	338.32	- -	558.05	- -	- -	- -	13.51	2.32	5.33	2.2	2.19	0.63	46
Total Debt/Equity (%)	-0.88	-0.14	-91.61	-346.32	-95.07	-78.3	-61.21	-70.28	-68.81	-128.14	-72.17	-95.04	-70.53	-163.32	1,418.84
Total Debt/Capital (%)	-0.88	-0.14	-1,091.33	140.6	-1,927.39	-360.9	-157.8	-236.42	-220.57	455.39	-259.36	-1,916.22	-239.34	257.92	93.42
Total Debt/Total Assets (%)	0.22	0.48	353.48	115.14	583.07	538.58	472.94	916.3	204.74	76.34	151.01	196.13	135.86	85.65	61.51
Net Debt to Equity	254.44	-5.65	-88.57	-117.68	-92.47	-76.37	-53.82	-67.9	-43.84	-104.24	-70.28	-91.16	-65.23	-95.4	617.73
Net Debt/Capital (%)	71.96	-5.6	-779	665.64	-1,227.27	-323.2	-116.54	-211.54	-90.04	1,004.85	-238.92	-1,173.05	-193.96	-6,411.91	79.18
EBITDA	-8	-6	-6	-6	-4	-3	-4	-7	-9	-17	-13	-8	- -	5	6
EBITDA-CapEx	-9	-6	-6	-6	-4	-3	-4	-7	-9	-17	-13	-8	- -	5	4
Operating Income (Loss)	-9	-6	-6	-6	-5	-3	-4	-7	-9	-18	-14	-9	-1	4	5

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	1.68	0.02	0.08	0.57	0.1	0.02	0.07	0.02	0.14	0.07	0.01	0.02	0.03	0.23	0.67
Current Ratio	1.97	0.19	0.27	0.65	0.43	0.12	0.11	0.07	0.2	0.22	0.08	0.11	0.15	0.41	1.38
Quick Ratio	1.73	0.05	0.14	0.58	0.15	0.08	0.08	0.04	0.15	0.13	0.05	0.09	0.08	0.3	0.97
CFO/Avg Current Liab	-1.68	-1.61	-1.47	-1.56	-0.9	-0.68	-0.16	-0.26	-0.44	-0.52	-0.14	-0.29	-0.07	0.04	0.12
Common Equity/Total Assets	-24.92	-352.28	-385.87	-33.25	-613.32	-687.81	-772.66	-1,303.87	-297.56	-59.57	-209.24	-206.36	-192.62	-52.44	4.34
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,060.9
Long-Term Debt/Capital (%)	-0.58	-0.06	-1,044.52	- -	-1,844.68	- -	- -	- -	-14.56	13.83	-9.16	-21.53	-3.87	1.91	69.85
Long-Term Debt/Total Assets (%)	0.14	0.21	338.32	- -	558.05	- -	- -	- -	13.51	2.32	5.33	2.2	2.19	0.63	46
Total Debt/Equity (%)	-0.88	-0.14	-91.61	-346.32	-95.07	-78.3	-61.21	-70.28	-68.81	-128.14	-72.17	-95.04	-70.53	-163.32	1,418.84
Total Debt/Capital (%)	-0.88	-0.14	-1,091.33	140.6	-1,927.39	-360.9	-157.8	-236.42	-220.57	455.39	-259.36	-1,916.22	-239.34	257.92	93.42
Total Debt/Total Assets (%)	0.22	0.48	353.48	115.14	583.07	538.58	472.94	916.3	204.74	76.34	151.01	196.13	135.86	85.65	61.51
CFO/Total Liabilities	-114.66	-51.26	-50.86	-107.41	-50.81	-40.42	-13.7	-21.9	-47.68	-34.61	-11.13	-28.2	-6.92	5.35	10.85
CFO/CapEx	-208.78	-2,133.33	- -	-753.85	- -	-308.71	- -	-84.43	-118.85	-239.96	-12.12	- -	- -	5.01	2
Altman's Z-Score	-24.59	-194.47	-202.09	-34.73	-222.51	-154.6	-131.74	-171.55	-61.75	-32.05	-63.2	-46.57	-33.01	-15.38	-5.72

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	9.06	9.08	7.03	7.49	12	5.14	2.41	9.55	6.63	3.34	5.45	5.2	5.56	9.83	10.07
Days Sales Outstanding	40.27	40.19	51.91	48.7	30.41	70.99	151.56	38.2	55.05	109.38	66.93	70.24	65.7	37.15	36.25
Inventory Turnover	0.61	0.64	0.7	0.85	1.02	2.19	1.04	2.35	1.2	0.66	2.5	4.54	3.16	2.28	2
Days Inventory Outstanding	599.25	570.85	517.98	429.65	356.58	166.91	349.57	155.06	305.04	549.53	146.26	80.4	115.49	160.29	182.52
Accounts Payable Turnover	0.15	0.18	0.19	0.42	0.8	0.84	0.22	0.53	0.48	1.21	0.51	0.69	1.61	1.98	3.44
Accounts Payable Turnover Days	2,426.51	2,053.72	1,901	866.23	453.87	435.51	1,669.36	687.57	764.23	300.85	719.18	528.5	227.17	184.6	106.16
Cash Conversion Cycle	-1,786.99	-1,442.68	-1,331.11	-387.87	-66.88	-197.61	-1,168.22	-494.31	-404.15	358.07	-505.99	-377.86	-45.98	12.83	112.61
Inventory to Cash Days	-558.97	-530.66	-466.07	-380.95	-326.18	-95.92	-198.01	-116.85	-249.99	-440.15	-79.34	-10.16	-49.79	-123.14	-146.26
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	1	3	1	1	3	4	6
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	1	3	4	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	1	- -	1	6
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	5	3	21	11	4	24	34	36	47	87	82	13	15	197	256
- Cash & Cash Equivalents	4	- -	- -	4	- -	- -	1	- -	2	2	1	1	2	10	12
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	6	5	6	5	6	11	7	18	28	39	30	26	23
Enterprise Value	2	3	27	12	10	29	39	46	52	102	109	50	43	212	267
Total Capital	-2	-7	-1	4	- -	-1	-4	-5	-3	4	-11	-2	-13	10	25
Total Debt/Capital (%)	-0.88	-0.14	-1,091.33	140.6	-1,927.39	-360.9	-157.8	-236.42	-220.57	455.39	-259.36	-1,916.22	-239.34	257.92	93.42
Total Debt / EV	0.01	- -	0.21	0.43	0.59	0.18	0.15	0.23	0.13	0.17	0.26	0.77	0.7	0.12	0.09
EV/Sales	1.92	4.29	33.38	14.69	9.87	21.28	52.85	24.99	50.71	25.19	8.41	3.01	2.13	6.5	6.07
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	89.08	42.47	42.92
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	55.11	54.06
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	52.84	- -	- -	157.76	- -	3.92	13.05	26.53
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	50.37	- -	- -	89.48	- -	3.92	12.67	22.24
Diluted Market Cap	5	3	16	8	4	19	34	34	33	70	88	13	10	103	271
Diluted Enterprise Value	1	3	21	10	10	24	39	45	38	85	116	50	39	118	282
EV per Share	27.62	58.9	263.62	76.89	56.69	80.02	105.07	111.37	66.59	81.43	85.16	34.4	14.29	24.82	31.12
TTM Sales	1	1	1	1	1	1	1	2	1	4	13	17	20	33	44
TTM EBITDA	-8	-6	-6	-6	-4	-3	-4	-7	-9	-17	-13	-8	- -	5	6
TTM Operating Income	-9	-6	-6	-6	-5	-3	-4	-7	-9	-18	-14	-9	-1	4	5
TTM Cash Flow to Firm	-9	-4	-1	-6	-3	-3	- -	1	-5	-10	1	-3	11	16	10
TTM Free Cash Flow to Firm	-9	-4	-1	-6	-3	-3	- -	1	-5	-10	1	-3	11	17	12

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-0.58	-0.78	-4.01	-1.26	-1.18	-5.9	-21.97	-9.61	-5.12	-5.52	-14.99	-0.73	-2.27	34.85	46.58
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	55.11	54.06
Enterprise Value	2	3	27	12	10	29	39	46	52	102	109	50	43	212	267
Low Price	56.25	33.75	60	15.75	15.37	11.29	30.37	52.87	37.5	56.25	0.04	0.79	1.72	4.27	22
EV/Sales	1.92	4.29	33.38	14.69	9.87	21.28	52.85	24.99	50.71	25.19	8.41	3.01	2.13	6.5	6.07
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	89.08	42.47	42.92
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.63
Price/Earnings Average	-6.53	-1.01	-1.75	-3.35	-1.73	-1.6	-3.39	-4.03	-3.22	-2.74	-2.89	-4.75	-0.71	-1.4	23.21
Price/Earnings High	-10.96	-1.73	-3.96	-6.54	-3.67	-3.34	-6.99	-8.25	-5.47	-3.9	-4.18	-10.14	-1.54	-3.24	33.77
Price/Earnings Low	-0.29	-0.29	-0.4	-0.34	-0.54	-0.5	-2.03	-1.81	-1.95	-1.83	- -	-0.11	-0.14	-0.58	15.95
Price/Book Value	-3.54	-0.52	-3.47	-6.85	-0.7	-3.47	-3.41	-2.33	-4.67	-6.35	-2.1	-0.31	-0.34	-12.44	158.3
Price/Book Value Average	-46.38	-0.99	-4.36	-16.25	-1.42	-1.9	-1.91	-3.18	-4.82	-7.7	-1.88	-1.19	-0.61	-5.6	169.88
Price/Book Value High	-77.83	-1.71	-9.86	-31.71	-3	-3.97	-3.93	-6.51	-8.17	-10.95	-2.72	-2.54	-1.32	-12.98	247.16
Price/Book Value Low	-2.04	-0.29	-0.99	-1.64	-0.44	-0.6	-1.14	-1.43	-2.92	-5.15	- -	-0.03	-0.12	-2.31	116.71
Price/Tangible Book Value	-1.77	-0.43	-3.02	-4.91	-0.66	-3.47	-3.41	-2.33	-4.67	-3.16	-1.57	-0.23	-0.27	-7.34	-29.57
Price/Tangible Book Value Average	-23.21	-0.83	-3.79	-11.64	-1.34	-1.9	-1.91	-3.18	-4.82	-3.84	-1.4	-0.91	-0.48	-3.3	-31.73
Price/Tangible Book Value High	-38.95	-1.44	-8.57	-22.72	-2.85	-3.97	-3.93	-6.51	-8.17	-5.46	-2.04	-1.95	-1.04	-7.66	-46.17
Price/Tangible Book Value Low	-1.02	-0.24	-0.86	-1.18	-0.42	-0.6	-1.14	-1.43	-2.92	-2.57	- -	-0.02	-0.1	-1.36	-21.8
Price/Sales	6.36	4.35	19.69	9.96	4.24	13.68	45.49	18.59	31.66	17.24	6.77	0.75	0.51	3.15	5.8
Price/Sales Average	83.35	8.37	24.75	23.61	8.61	7.47	25.45	25.35	32.69	20.93	6.05	2.92	0.9	1.41	6.23
Price/Sales High	139.86	14.41	55.91	46.09	18.28	15.63	52.45	51.88	55.41	29.73	8.77	6.24	1.95	3.28	9.06
Price/Sales Low	3.67	2.45	5.63	2.39	2.68	2.35	15.22	11.4	19.79	13.98	- -	0.07	0.18	0.58	4.28
Price/Cash Flow	-0.58	-0.78	-4.01	-1.26	-1.18	-5.88	-21.97	-9.5	-5.08	-5.5	-13.75	-0.73	-2.27	41.81	65.93
Price/Cash Flow Average	-7.57	-1.5	-5.05	-3	-2.39	-3.21	-12.29	-12.95	-5.25	-6.68	-12.28	-2.85	-4.04	18.81	70.75
Price/Cash Flow High	-12.71	-2.58	-11.4	-5.85	-5.08	-6.72	-25.33	-26.51	-8.89	-9.48	-17.79	-6.08	-8.75	43.63	102.93
Price/Cash Flow Low	-0.33	-0.44	-1.15	-0.3	-0.74	-1.01	-7.35	-5.82	-3.18	-4.46	-0.01	-0.07	-0.8	7.76	48.61
Price/Free Cash Flow Average	-7.61	-1.5	-5.05	-3	-2.39	-3.22	-12.29	-13.11	-5.29	-6.7	-13.38	-2.85	-4.04	15.68	49.99
Price/Free Cash Flow High	-12.77	-2.59	-11.4	-5.86	-5.08	-6.75	-25.33	-26.82	-8.97	-9.52	-19.39	-6.08	-8.75	36.37	72.73
Price/Free Cash Flow Low	-0.33	-0.44	-1.15	-0.3	-0.74	-1.02	-7.35	-5.89	-3.2	-4.48	-0.01	-0.07	-0.8	6.47	34.34
EV/Sales Average	83.94	8.33	40.2	31.9	14.24	13.36	32.74	32.03	52.19	29.78	7.73	5.17	2.7	3.19	6.49
EV/Sales High	144.15	14.39	82.28	60.2	23.92	23.77	59.82	59.65	84.98	40.74	10.26	8.49	4.2	6.76	9.33
EV/Sales Low	1,370.54	2.38	14.39	5.16	8.31	6.84	22.48	17.5	33.58	21.14	2.12	2.33	1.66	1.59	4.54
EV/EBITDA Average	-7.94	-1.12	-5.69	-4.79	-3.25	-6.14	-6.36	-8.28	-6.16	-7.11	-7.8	-10.83	112.66	20.82	45.93
EV/EBITDA High	-13.64	-1.93	-11.65	-9.04	-5.46	-10.93	-11.63	-15.42	-10.02	-9.72	-10.34	-17.76	175.58	44.18	66.02
EV/EBITDA Low	0.09	-0.32	-2.04	-0.78	-1.9	-3.15	-4.37	-4.52	-3.96	-5.04	-2.13	-4.87	69.44	10.42	32.11
EV/EBIT Average	-7.65	-1.06	-5.38	-4.53	-3.03	-5.54	-6.32	-8.25	-6.11	-6.71	-7.11	-9.68	-101.81	27.01	57.85
EV/EBIT High	-13.13	-1.83	-11.01	-8.55	-5.09	-9.86	-11.55	-15.37	-9.94	-9.17	-9.44	-15.87	-158.68	57.33	83.15
EV/EBIT Low	0.09	-0.3	-1.93	-0.73	-1.77	-2.84	-4.34	-4.51	-3.93	-4.76	-1.95	-4.35	-62.76	13.52	40.44
Last Price	97.5	60	210	65.62	24.37	65.59	90.75	86.25	60	69.37	63.75	8.55	4.87	23	29.84
High Price	2,144.97	198.75	596.24	303.75	105	74.96	104.62	240.71	105	119.62	82.5	71.25	18.75	24	46.59
Enterprise Value Average	67	6	32	27	14	18	24	59	54	121	101	87	55	104	286
Enterprise Value High	116	11	66	51	23	33	44	110	87	165	133	142	86	221	411
Enterprise Value Low	-1	2	12	4	8	9	17	32	35	86	28	39	34	52	200

Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	3	9	9
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	2	4	9
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	2	4	9
Revenue per Share	15.34	13.79	10.66	6.59	5.74	4.79	1.99	4.64	1.89	4.02	9.41	11.43	9.64	7.31	5.14
EBITDA per Share	-162.11	-102.83	-75.31	-43.89	-25.15	-10.42	-10.26	-17.95	-16.07	-16.86	-9.34	-5.46	0.23	1.12	0.73
Operating Income per Share	-168.34	-108.69	-79.66	-46.38	-27	-11.56	-10.33	-18.01	-16.2	-17.87	-10.23	-6.11	-0.26	0.86	0.58
Basic EPS, GAAP	-195.66	-114.77	-150.62	-46.47	-28.62	-22.44	-14.96	-29.17	-19.21	-30.68	-19.72	-7.02	-12.19	-7.41	1.38
Basic EPS from Cont Ops	-195.66	-114.77	-159.36	-46.47	-28.62	-22.33	-14.96	-29.17	-19.21	-30.68	-19.72	-7.02	-12.19	-7.41	1.38
Diluted EPS, GAAP	-195.66	-114.77	-150.62	-46.47	-28.62	-22.44	-14.96	-29.17	-19.21	-30.68	-19.72	-7.02	-12.19	-7.41	1.3
Diluted EPS from Cont Ops	-195.66	-114.77	-159.36	-46.47	-28.62	-22.33	-14.96	-29.17	-19.21	-30.68	-19.72	-7.02	-12.19	-7.41	1.3
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-168.77	-76.92	-52.31	-51.94	-20.67	-11.15	-4.13	-9.08	-11.81	-12.61	-4.64	-11.72	-2.14	0.55	0.45
Free Cash Flow per Basic Share	-169.58	-76.95	-52.31	-52.01	-20.67	-11.18	-4.13	-9.19	-11.91	-12.67	-5.02	-11.72	-2.14	0.44	0.23
Cash & Equivalents per Share	70.12	1.26	1.8	21.9	0.91	0.37	1.97	0.88	2.25	1.94	0.48	0.79	0.59	1.2	1.39
Book Value per Share	-27.56	-116.37	-60.5	-9.58	-34.96	-18.89	-26.6	-36.99	-12.85	-10.93	-30.33	-28.03	-14.2	-1.85	0.19
Tangible Book Value per Share	-55.07	-138.27	-69.58	-13.37	-36.78	-18.89	-26.6	-36.99	-12.85	-21.93	-40.53	-36.5	-18.04	-3.14	-1.01

SANUWAVE Health Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)