NASDAQ · Financial Statements

KORU Medical Systems, Inc. (KRMD) Financial Statements

$3.17 NASDAQ: KRMD Market Cap $145.61M

KORU Medical Systems, Inc. most recently reported annual revenue of $41.0M, a net loss of $3.0M. Revenue grew at an average annual rate of 11.3% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

KORU Medical Systems, Inc.: Revenue rose from $12.0M in 2016 to $41.0M in 2025, a change of +241.7% over 9 years; net profit was positive in 3 of 10 reported years; operating margin moved from -6.0% to -7.2%, a shift of -1.2 percentage points; the most recent year shows a net loss of $3.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$12.0M$16.0M$17.0M$23.0M$24.0M$23.0M$28.0M$29.0M$34.0M$41.0M
Operating Expenses$13.0M$14.0M$16.0M$23.0M$25.0M$31.0M$39.0M$39.0M$40.0M$44.0M
Operating Profit$-1.0M$1.0M$1.0M$1.0M$-1.0M$-7.0M$-11.0M$-10.0M$-6.0M$-3.0M
Operating Margin-6.0%9.3%6.7%2.5%-5.2%-29.9%-38.6%-36.0%-19.2%-7.2%
Other Income$0$0$0$0$0$1.0M$0$0$0$0
Interest$0$0$0$0$0$0$0$0$0$0
Depreciation$0$0$0$0$0$0$1.0M$1.0M$1.0M$1.0M
Profit Before Tax$-1.0M$2.0M$1.0M$1.0M$-1.0M$-6.0M$-11.0M$-10.0M$-6.0M$-3.0M
Tax$31.1M$30.8M$22.6M$19.0M$-1.5M$28.3M$18.9M$-40.6M$-50,000$-840,000
Net Profit$-1.0M$1.0M$1.0M$1.0M$-1.0M$-5.0M$-9.0M$-14.0M$-6.0M$-3.0M
EPS$-0.01$0.03$0.02$0.01$-0.03$-0.10$-0.19$-0.30$-0.13$-0.06
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$7.0M$7.0M$8.0M$8.0M$8.0M$9.0M$10.0M$10.0M$10.0M$11.0M$12.0M$12.0M
Operating Expenses$9.0M$9.0M$10.0M$10.0M$10.0M$10.0M$11.0M$11.0M$11.0M$11.0M$13.0M$11.0M
Operating Profit$-2.0M$-2.0M$-2.0M$-1.0M$-2.0M$-2.0M$-1.0M$0$-1.0M$-1.0M$-1.0M$1.0M
Operating Margin-25.6%-30.6%-23.9%-14.1%-20.8%-18.0%-12.9%-3.1%-8.3%-5.0%-7.3%5.2%
Interest$0$0$0$0$0$0$0$0$0$0$0$0
Profit Before Tax$-2.0M$-2.0M$-2.0M$-1.0M$-2.0M$-2.0M$-1.0M$0$-1.0M$0$-1.0M$0
Tax$18.0M$-269.4M$0$0$0$-190,000$0$-9.2M$20,000$-970,000$0$2.3M
Net Profit$-1.0M$-7.0M$-2.0M$-1.0M$-2.0M$-2.0M$-1.0M$0$-1.0M$0$-1.0M$0
EPS$-0.03$-0.16$-0.04$-0.02$-0.03$-0.03$-0.03$0.00$-0.02$-0.01$-0.02$0.01

Over the 10 years reported for KORU Medical Systems, Inc., cash stood at $9.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 2.50 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$8.0M$9.0M$11.0M$14.0M$40.0M$41.0M$42.0M$28.0M$27.0M$28.0M
Current Assets$7.0M$8.0M$9.0M$12.0M$38.0M$37.0M$30.0M$20.0M$19.0M$20.0M
Cash$3.0M$4.0M$4.0M$6.0M$27.0M$25.0M$17.0M$11.0M$10.0M$9.0M
Inventory$1.0M$2.0M$2.0M$2.0M$7.0M$6.0M$6.0M$3.0M$3.0M$4.0M
Receivables$2.0M$2.0M$1.0M$3.0M$3.0M$4.0M$4.0M$4.0M$6.0M$7.0M
Fixed Assets$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$8.0M$7.0M$7.0M$7.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$0$0$0$0$0$0$0$0$0$0
Other Assets$0$0$0$0$0$0$0$0$0$0
Total Liabilities$1.0M$2.0M$2.0M$3.0M$4.0M$5.0M$11.0M$8.0M$10.0M$11.0M
Current Liabilities$1.0M$2.0M$2.0M$2.0M$4.0M$5.0M$7.0M$4.0M$7.0M$8.0M
Borrowings$0$0$0$0$0$1.0M$5.0M$4.0M$4.0M$3.0M
Other Liabilities$1.0M$2.0M$2.0M$2.0M$4.0M$4.0M$6.0M$4.0M$6.0M$8.0M
Equity$0$0$0$0$0$0$0$0$0$0
Reserves$7.0M$8.0M$9.0M$11.0M$36.0M$37.0M$31.0M$20.0M$17.0M$17.0M

For KORU Medical Systems, Inc., operating cash flow was positive in 2 of 10 reported years; free cash flow in the latest year was $0; free cash flow was positive in 2 of 10 years.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$0$1.0M$1.0M$0$-1.0M$-4.0M$-5.0M$-5.0M$0$0
Investing Cash Flow$-1.0M$0$-2.0M$1.0M$-2.0M$-1.0M$-6.0M$-2.0M$-3.0M$-2.0M
Financing Cash Flow$0$0$0$0$-3.0M$0$0$0$0$0
Net Cash Flow$-1.0M$0$0$2.0M$21.0M$-2.0M$-8.0M$-6.0M$-2.0M$-1.0M
Free Cash Flow$-1.0M$1.0M$1.0M$0$-2.0M$-5.0M$-8.0M$-6.0M$-2.0M$0

Valuation & Return Ratios

MetricValue
PEG Ratio-0.67
EV / EBITDA-128.61
FCF Yield0.19%
Quick Ratio2.09
Interest Coverage—
Return 1Y28.88%
Return 3Y42.61%
Return 5Y25.38%

KORU Medical Systems, Inc. (KRMD) financials — frequently asked questions

What is KORU Medical Systems, Inc.'s annual revenue?

KORU Medical Systems, Inc. (KRMD) reported annual revenue of $41.0M in its most recent fiscal year.

What is KORU Medical Systems, Inc.'s net profit?

KORU Medical Systems, Inc. (KRMD) reported a net loss of $3.0M in its most recent fiscal year.

What is KRMD EV/EBITDA?

KORU Medical Systems, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -128.61. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Healthcare StocksLow P/E Healthcare StocksHigh Net Margin Healthcare StocksDividend Healthcare StocksLow Debt Healthcare StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNasdaq High ROE StocksAll stock screens
KRMD Overview KRMD Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.