Medinotec FY27 Q1 net income rises to USD 222,014; revenue increases 24% to USD 2.65 million

MEDINOTEC INC

MEDINOTEC INC

MDNC

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  • Medinotec posted net income of USD 222,014 for the quarter ended May 31, 2026, up USD 108,230 year over year.
  • Revenue rose 24% to USD 2.65 million, while gross margin widened 6 percentage points to 49%.
  • Operating income slipped to USD 180,872 from USD 277,457, as operating expenses climbed 77% to USD 1.13 million.
  • Selling expenses increased to USD 503,255 from USD 21,773, driven by distributor support costs tied to South African cardiology and renal dialysis sales.
  • U.S. segment revenue more than doubled to USD 280,095, reflecting higher Trachealator activity and initial Outflo sales following the launch.


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