Medinotec Operating Expenses Growth & History (MDNC)

Medinotec's operating expenses was $4.0M for fiscal 2026.

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Medinotec annual operating expenses history

Medinotec annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20262026-02-28$4.0M$2.4M+147.92%
20252025-02-28$1.6M−$214,901−11.67%
20242024-02-29$1.8M$1.0M+124.51%
20232023-02-28$820,409$174,639+27.04%
20222022-02-28$645,770

Medinotec operating expenses trends

Between the periods ended 2022-02-28 and 2026-02-28, Medinotec's operating expenses increased from $645,770 to $4.0M, a change of $3.4M. The latest reported quarter, Q1 2027, shows $1.1M.

About the metric

What operating expenses mean

Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.

Calculation and source

SEC-reported and calculated operating expenses

TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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