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Added to YB: 2026-01-14

Pitch date: 2026-01-12

SNWV [bearish]

SANUWAVE Health, Inc.

+2.39%

current return

Author Info

Benevolus is a value investor that takes value wherever they can find it. Most of their positions are long microcap equities. Sign up for the newsletter.

Company Info

SANUWAVE Health, Inc. operates as a medical device company in the United States and internationally. It focuses on the commercialization of regenerative medicines through noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures.

Market Cap

$265.7M

Pitch Price

$29.27

Price Target

N/A

Dividend

N/A

EV/EBITDA

34.31

P/E

-28.61

EV/Sales

6.80

Sector

Health Care Equipment and Supplies

Category

N/A

Show full summary:
5 Interesting Minnesota-Based Companies - SANUWAVE Health, Inc.

SNWV (pass): Medical device co bought by value investor, investing in salesforce to commercialize product. Reimbursement cuts for alternative 'grafting' treatment. Woundcare historically tough business. Razorblade model but mgmt lacks transparency on device vs recurring sales split. Low recurring use makes economics unattractive. Competition risk + outside circle of competence.

Read full article (1 min)