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Added to YB: 2026-04-22

Pitch date: 2026-04-19

SNWV [neutral]

SANUWAVE Health, Inc.

-4.63%

current return

Author Info

SpruceHill Capital is a value investor with a focus on illiquid small and micro cap stocks. 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

$177.1M

Pitch Price

$20.30

Price Target

N/A

Dividend

N/A

EV/EBITDA

24.73

P/E

50.51

EV/Sales

4.27

Sector

Health Care Equipment and Supplies

Category

turnaround

Show full summary:
Full Portfolio Breakdown - SANUWAVE Health, Inc.

SNWV (holding update): Wound care device co down 60% on Medicare reimbursement cut to skin substitutes, but regulation barely impacts SNWV's model (device sale + recurring single-use parts). Competitors bankrupt = tailwind; Q4 device sales = 20% of total installed base in one quarter. 30% Q4 rev growth despite guidance miss. Trades 15x earnings w/ strong op leverage, positioned for accelerating growth as alternative treatments eliminated.

Read full article (2 min)