Medinotec Inc. financial data

Symbol
MDNC on OTC
Industry
Surgical & Medical Instruments & Apparatus
Location
Office 202, Gezeri Building, Naif, Po Box 488083, Dubai, United Arab Emirates
State of incorporation
NV
Fiscal year end
February 28
Latest financial report
10-Q - Q3 2024 - Oct 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 480 %
Debt-to-equity 104 % +25.3%
Return On Equity -0.97 % +90.2%
Return On Assets -0.47 % +91.4%
Operating Margin 14.4 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.7M shares 0%
Common Stock, Shares, Outstanding 11.7M shares
Entity Public Float 3.66M USD 0%
Common Stock, Value, Issued 11.7K USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.38M USD +609%
Cost of Revenue -2.97M USD -688%
Research and Development Expense -45K USD -204%
Selling and Marketing Expense -63.6K USD -61.3%
General and Administrative Expense -1.89M USD -337%
Operating Income (Loss) 1.21M USD +682%
Nonoperating Income (Expense) -832K USD -355%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 377K USD
Income Tax Expense (Benefit) 111K USD +800%
Net Income (Loss) Attributable to Parent -21.9K USD +91.7%
Earnings Per Share, Basic 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 771K USD +328%
Other Assets, Current 101K USD -44%
Assets, Current 4.9M USD +27.9%
Property, Plant and Equipment, Net 327K USD -9.18%
Operating Lease, Right-of-Use Asset 52.9K USD
Assets 5.3M USD +7.41%
Accounts Payable, Current 1.59K USD -99.1%
Employee-related Liabilities, Current 26.6K USD -3.31%
Liabilities, Current 1.57M USD +1164%
Operating Lease, Liability, Noncurrent 28.5K USD
Liabilities 2.77M USD +17.1%
Common Stocks, Including Additional Paid in Capital 3.31M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax 91K USD +671%
Stockholders' Equity Attributable to Parent 2.53M USD -1.46%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.58M USD
Liabilities and Equity 5.3M USD +7.41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 246K USD
Net Cash Provided by (Used in) Financing Activities -542K USD -798%
Net Cash Provided by (Used in) Investing Activities -6.06K USD
Common Stock, Shares Authorized 200M shares +6.23%
Common Stock, Shares, Issued 11.7M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -290K USD -147%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.76M USD -2.83%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.6K USD +3.99%
Deferred Tax Assets, Valuation Allowance -177K USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure -99%
Deferred Tax Assets, Gross 237K USD +117%
Payments to Acquire Property, Plant, and Equipment -6.06K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -37.4K USD +36.9%
Property, Plant and Equipment, Gross 1.69M USD +0.58%
Operating Lease, Liability, Current 27.8K USD
Deferred Income Tax Expense (Benefit) -78K USD -351%
Deferred Tax Assets, Operating Loss Carryforwards 17.3K USD
Current Income Tax Expense (Benefit) 111K USD +800%
Preferred Stock, Shares Authorized 20M shares 0%
Additional Paid in Capital 3.3M USD
Current Federal Tax Expense (Benefit) 12.3K USD
Operating Leases, Future Minimum Payments, Due in Two Years 31.2K USD
Depreciation, Depletion and Amortization 23.2K USD +24.4%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 30.6K USD
Deferred Tax Assets, Net of Valuation Allowance 59.6K USD -45.3%
Operating Leases, Future Minimum Payments, Due in Three Years 13K USD
Operating Leases, Future Minimum Payments Due 56.2K USD
Interest Expense -246K USD +8.03%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares