---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-014708"
form_type: "8-K"
ticker: "SNWV"
cik: "0001417663"
company_name: "SANUWAVE Health, Inc."
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:00:30.064166+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SANUWAVE reports record Q4 revenue $7.0M (+27% YoY), positive operating income, guides FY2024 50% growth

## Summary
- Q4 2023 revenue record $7.0M (+27% vs Q4 2022 $5.5M); operating income $1.0M vs loss $1.5M.
- FY2023 revenue $20.4M (+22% from $16.7M); adjusted EBITDA loss $1.2M vs $7.2M, improvement of $6.0M.
- UltraMist systems: 211 sold in FY2023; Q4 consumables revenue $3.6M (+21% YoY).
- Guidance: Q1 2024 revenue +45-55% vs Q1 2023; FY2024 revenue growth 50% vs FY2023.
- Net income Q4 $18.2M (non-cash derivative fair value change); FY2023 net loss $25.8M.

## SEC filing metadata
- accession: 0001140361-24-014708
- form_type: 8-K
- ticker: SNWV
- cik: 0001417663
- company_name: SANUWAVE Health, Inc.
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417663/000114036124014708/0001140361-24-014708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417663/000114036124014708/ef20024834_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-014708
- JSON: https://secwatch.observer/filing/0001140361-24-014708.json
- Plain text: https://secwatch.observer/filing/0001140361-24-014708.txt

## Key facts
- Earnings Releases
  SANUWAVE Health, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue $7.0 million, net income $18.2 million. Guidance initiated.
  - Period: the fourth quarter and fiscal year ended December 31, 2023
  - Revenue: $7.0 million
  - Net income: $18.2 million
  - Guidance: initiated
  - Result: reported results
  source text: SANUWAVE Announces Record Q4 and FY2023 Revenue Q4 2023 revenues were a record $7.0 million, up 27% from Q4 2022 FY 2023 revenues were a record $20.4 million, up 22% from FY2022 Operating income was $1 million for Q4 2023 compared to an operating loss of $1.5 million for Q4 2022 Company provides guidance for revenue growth of 45-55% for Q1 2024 vs Q1 2023 and initiates annual guidance for FY2024 of 50% revenue growth vs. FY2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417663/000114036124014708/0001140361-24-014708-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.