KORU Medical Systems (KRMD)

Nasdaq Market Open

KORU Medical Systems, Inc. is a medical technology company focused on subcutaneous drug delivery. The company develops, manufactures, and commercialises infusion products used to administer large-volume therapies beneath the skin, a method that can support treatment outside traditional hospital settings. Its products are used primarily in markets where patients require recurring therapy, including immune globulin administration and other specialty pharmaceutical applications.

The company’s portfolio centres on mechanical infusion systems and related consumables. Its best-known devices include the FREEDOM60 and FreedomEdge syringe drivers, which are designed to provide controlled delivery without relying on electronic pumps. KORU Medical also sells HIgH-Flo subcutaneous safety needle sets and precision flow rate tubing, creating a recurring revenue stream tied to ongoing patient use. This mix of durable devices and disposable accessories is important to the company’s commercial model.

KORU Medical reports revenue through Domestic Core, International Core, and Pharma services and clinical trials. The Domestic Core business, which includes sales of syringe drivers, tubing, and needles in the United States, accounts for the largest share of revenue. International markets provide an additional channel, while the pharmaceutical services and clinical trial business links KORU’s delivery platform with drug developers evaluating subcutaneous administration for current or future therapies.

The company operates as a single segment and is closely tied to broader trends in home-based care, specialty pharmaceuticals, and patient-friendly drug delivery. Its competitive position rests on device reliability, ease of use, clinical adoption, and relationships with healthcare providers, distributors, and pharmaceutical companies.

4.10 USD
+0.19 (+4.72%)

Last updated

Market Cap
180.06M
P/E
P/FCF
1,004.26
P/S
4.16
Enterprise Value
171.46M
Sector
Health Care
Industry
Surgical and Medical Instruments and Apparatus
Address
100 CORPORATE DRIVE, MAHWAH, NJ, 07430
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Market Cap
180.06M
Enterprise Value
171.46M
P/E
P/B
10.64
P/S
4.16
EV / EBITDA
-95.17
EV / Sales
3.96
EPS
-0.05
Dividend Yield
0%
P/FCF
1,004.26
P/CF
251.99
Free Cash Flow
179.29K
ROE
-13.47%
ROA
-7.97%
Debt / Equity
0.01
Current Ratio
2.33
Quick Ratio
1.82
Cash
0.99
Avg Volume
123.91K
Fundamentals Snapshot Price
3.92

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 11.76M 10.9M 10.4M 10.19M 9.64M
Gross profit 7.23M 6.82M 6.26M 6.48M 6.05M
Operating income -864.92K -547.1K -867.68K -312.66K -1.25M
EBITDA -667.39K -367.93K -663.2K -103.17K -1.03M
Net income -807.08K -486.86K -777.97K -206.87K -1.17M
Basic EPS -0.02 -0.01 -0.02 -0.03
Diluted EPS -0.02 -0.01 -0.02 -0.03

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 28.59M 28.2M 27.1M 25.52M 27.22M
Total liabilities 11.67M 11.15M 10.64M 8.99M 10.87M
Total equity 16.92M 17.05M 16.46M 16.53M 16.35M
Cash & equivalents 8.77M 8.87M 8.46M 8.05M 8.74M
Current assets 20.59M 19.99M 19.42M 17.58M 19M
Current liabilities 8.85M 8.19M 7.83M 6.05M 7.8M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 14.66K 1.09M 65.46K -460.34K -237.47K
Investing cash flow -89.89K -421.66K -52.48K -28.81K -446.84K
Financing cash flow -29.22K -264.91K 396.33K -191.96K -160.81K
Change in cash -104.44K 408.19K 409.3K -681.12K -845.11K
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