KORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the ambulatory infusion market in the United States and internationally. It offers mechanical infusion product comprising the FREEDOM infusion systems that include the FREEDOM60 syringe driver, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing. The company also provides education and training materials to clinicians, patients, and patient advocates. It sells its products through direct sales and medical device distributors, as well as online. KORU Medical Systems, Inc. was incorporated in 1980 and is headquartered in Chester, New York.
Revenue of KORU Medical Systems, Inc. (KRMD)
Revenue in 2023 (TTM): $28.52 M
According to KORU Medical Systems, Inc.'s latest financial reports the company's current revenue (TTM) is $28.52 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of KORU Medical Systems, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $28.52 M | $15.84 M | $-9,399,590 | $-9,773,582 | $-13,741,062 |
| 2022 | $27.9 M | $15.37 M | $-10,153,862 | $-10,675,160 | $-8,661,142 |
| 2021 | $23.49 M | $13.77 M | $-6,538,509 | $-6,364,441 | $-4,562,823 |
| 2020 | $24.18 M | $14.94 M | $4.04 M | $-1,194,263 | $-1,212,063 |
| 2019 | $23.16 M | $14.85 M | $7.73 M | $696.42 K | $564.35 K |
| 2018 | $17.35 M | $10.81 M | $3.29 M | $1.18 M | $910.57 K |
| 2017 | $15.98 M | $9.46 M | $1.79 M | $1.57 M | $1.09 M |
| 2016 | $12.29 M | $7.57 M | $-432,703 | $-776,699 | $-534,999 |
| 2015 | $12.25 M | $7.6 M | $1.44 M | $1.14 M | $782.86 K |
| 2014 | $11.24 M | $6.69 M | $1.44 M | $1.07 M | $753.12 K |
| 2013 | $8.7 M | $5.31 M | $1.25 M | $1.01 M | $703.43 K |
| 2012 | $7.76 M | $4.94 M | $1.26 M | $1.04 M | $725.76 K |
| 2011 | $6.39 M | $4.14 M | $1.41 M | $1.28 M | $815.89 K |
| 2010 | $4.92 M | $3.26 M | $1.3 M | $1.19 M | $704.09 K |
| 2009 | $3.77 M | $2.51 M | $787.67 K | $662.46 K | $889.44 K |
| 2008 | $3.44 M | $2.2 M | $858.37 K | $724.86 K | $1.03 M |
| 2007 | $2.35 M | $1.45 M | $261.71 K | $ | $-2,499 |
| 2006 | $1.73 M | $1.07 M | $213 K | $-254,721 | $-254,721 |
| 2005 | $1.75 M | $1.02 M | $79.39 K | $-217,815 | $-217,815 |
| 2004 | $1.56 M | $833.76 K | $-277,535 | $-399,491 | $-400,892 |
| 2003 | $1.53 M | $804.83 K | $-113,741 | $-277,167 | $-277,998 |
| 2002 | $1.66 M | $697.02 K | $-171,120 | $-267,390 | $-268,190 |
| 2001 | $1.76 M | $427.94 K | $-248,421 | $-385,503 | $-386,075 |
| 2000 | $2.09 M | $978.94 K | $115.62 K | $-104,457 | $-104,457 |
| 1999 | $2.07 M | $939.85 K | $-546,342 | $159.46 K | $250.3 K |