Medinotec (MDNC) Operating Expenses (2022 - 2026)

Medinotec has reported Operating Expenses for 5 years, with the latest figure at -$1.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 190.67% year-over-year to -$1.1 million; the trailing twelve-month figure through Feb 2026 stood at -$4.0 million (down 147.92% YoY), and the FY2026 full-year result was -$4.0 million, down 147.92% from the prior year.
• Operating Expenses for Q1 2026 stood at -$1.1 million, down from -$793340.0 in the prior quarter.
• The five-year high for Operating Expenses was $645770.0 in Q1 2022, with the low at -$3.0 million in Q1 2024.
• Historically, Operating Expenses has averaged -$502808.6 across 5 years, with a median of -$384892.0 in 2025.
• The largest YoY upside for Operating Expenses was 206.37% in 2023 against a maximum downside of 322.32% in 2023.
• Medinotec's Operating Expenses 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 sank by 41.02% to -$1.1 million in 2026.
• The last three Operating Expenses figures came in at -$1.1 million (Q1 2026), -$793340.0 (Q4 2025), and -$1.5 million (Q3 2025), per Business Quant data.