Medinotec MDNC
OTC MDNC
$5.00 +0.00 (+0.00%)
At close: Aug 17, 2026 · 4:00 PM UTC

Medinotec Inc. (MDNC) Operating Expenses (2022 - 2026)

Medinotec's (MDNC) quarterly Operating Expenses came in at -$1.1 million in Q2 2026, down 77.25% YoY from -$5.0 million in Q2 2025, and down 0.72% on a QoQ basis from -$1.1 million in Q1 2026.

Medinotec Inc. (MDNC) Operating Expenses (2022 - 2026) Analysis & Trends

Medinotec (MDNC) has 5 years of Operating Expenses data on file, last reported at -$1.1 million in Q2 2026.

  • Quarterly Operating Expenses fell 77.25% year-over-year to -$1.1 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$4.5 million (down 133.62% YoY) and the FY2026 annual result came in at -$4.0 million, down 147.92% from the prior year.
  • Operating Expenses fell to -$1.1 million in Q2 2026, from -$1.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $645770.0 in Q1 2022 to a low of -$3.0 million in Q1 2024.
  • A 5-year average of -$536798.7 and a median of -$391278.5 in 2024 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 206.37% in 2023, down 322.32% in 2023.
  • Tracing MDNC's Operating Expenses over 5 years: stood at $197805.0 in 2022, then surged by 206.37% to $606009.0 in 2023, then tumbled by 184.71% to -$513325.0 in 2024, then tumbled by 54.55% to -$793340.0 in 2025, then slumped by 42.03% to -$1.1 million in 2026.
  • The last three Operating Expenses figures came in at -$1.1 million (Q2 2026), -$1.1 million (Q1 2026), and -$793340.0 (Q4 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
May 31, 2026 -1.13 Mn
Feb 28, 2026 -1.12 Mn
Nov 30, 2025 -793,340.00
Aug 31, 2025 -1.47 Mn
May 31, 2025 -635,711.00
Feb 28, 2025 -384,892.00
Nov 30, 2024 -513,325.00
Aug 31, 2024 -397,665.00
May 31, 2024 -331,111.00
Feb 29, 2024 -2.96 Mn
Nov 30, 2023 606,009.00
Aug 31, 2023 234,069.00
May 31, 2023 -276,860.00
Feb 28, 2023 -1.44 Mn
Nov 30, 2022 197,805.00
Aug 31, 2022 259,030.00
May 31, 2022 -158,451.00
Feb 28, 2022 645,770.00