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Medinotec Inc.

corporate_fare Company Profile

Medinotec Inc.

MDNC·OTC·Industrial Applications And Services·CIK 0001931055

Medinotec Inc. is a medical device company that generates revenue from two main sources: internally designed and manufactured proprietary medical devices, and the distribution of third-party medical products. The company was registered on April 26, 2021, in Nevada. On April 26, 2022, Medinotec Inc. acquired DISA Medinotec Proprietary Limited, a South African corporation, from Minoan Medical Proprietary Limited. This acquisition was executed through a Share Exchange Agreement, where Medinotec Inc. acquired all capital stock of DISA Medinotec Proprietary Limited in exchange for stock issuance at par value and the transfer of an outstanding loan account. The purchase was finalized between Minoan and Medinotec Capital Proprietary Limited, a newly established investment vehicle of Medinotec Inc. in South Africa, which Medinotec Inc. registered as a shelf company by injecting $10,000 into it on December 18, 2021. Medinotec Capital Proprietary Limited acts as the acquisition vehicle for Medinotec Inc. in Africa. Together, these companies form the Medinotec Group of Companies. Medinotec Inc.'s proprietary products include the Trachealator (a non-occlusive airway dilation balloon), the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. The company also distributes a range of cardiology and renal dialysis products from multinational manufacturers, primarily in South Africa, under exclusive or non-exclusive agreements in defined territories. DISA Medinotec Proprietary Limited originated from DISA Vascular 2015, a South African medical device business focused on vascular technologies. DISA Medinotec has historically developed and manufactured medical devices for cardiology and airway-related procedures, selling them through distributors in South Africa and certain international markets. The Group continues its medical device manufacturing activities from Johannesburg, South Africa, where its facility houses manufacturing, warehousing, quality, regulatory, and administrative functions.

Medinotec Inc. (OTC:MDNC) is a publicly traded company in the Industrial Applications And Services sector. Wiseek monitors MDNC SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Medinotec Reports Sharp Profit Decline Despite Revenue Growth, Citing Soaring Operating Expenses
  • Medinotec Reports Strong YTD Revenue Growth and Significant Debt Reduction Amidst New US Tariff and Control Weakness

Financial Snapshot

Fiscal year ended February 28, 2026
Revenue
$9.73M
Net Income
$794.5K
Op. Cash Flow
$906.8K
Free Cash Flow
$905.43K
Gross Profit
$5.13M
Operating Income
$1.09M
Cash & Equivalents
$2.76M
Debt / Equity
0.00×
Net Margin
8.2%
Shares Outstanding
11.76M sh
Source: 10-K · filed 2026-05-28 · accession 0001663577-26-000175
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$5
Market cap
$58.78M
Volume
100 (1.0× avg)
3-mo avg 100
From SEC filing · 2026-05-28

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feed MDNC - Latest Insights

MDNC
May 28, 2026, 11:01 AM EDT
Filing Type: 10-K
Importance Score:
8
MDNC
Jan 09, 2026, 11:52 AM EST
Filing Type: 10-Q
Importance Score:
7