KORU Medical Systems, Inc. (NASDAQ:KRMD)

KORU Medical Systems, Inc. KRMD

Healthcare - Medical - Instruments & Supplies - NASDAQ - US

Watchlist

$ 3.17

2.92 %

$ 145 M

Market Cap

-12.19

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one KRMD stock under the base case scenario is HIDDEN Compared to the current market price of 3.17 USD, KORU Medical Systems, Inc. is HIDDEN

KRMD Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart KRMD

FINANCIALS

Annual
Quarterly

28.5 M REVENUE

Growth Rates

1Year 2.23%

3Years 5.66%

5Years 10.44%

7Years 12.77%

10Years 12.61%

-10.3 M OPERATING INCOME

Growth Rates

1Year 4.74%

3Years -101.53%

5Years -57.91%

7Years -45.72%

10Years -27.32%

-13.7 M NET INCOME

Growth Rates

1Year -58.65%

3Years -124.65%

5Years -74.31%

7Years -58.99%

10Years -35.28%

-4.89 M OPERATING CASH FLOW

Growth Rates

1Year 9.47%

3Years -87.41%

5Years -33.91%

7Years -46.89%

10Years -19.87%

-815 K INVESTING CASH FLOW

Growth Rates

1Year 70.92%

3Years 7.71%

5Years 13.98%

7Years -10.06%

10Years -14.09%

-219 K FINANCING CASH FLOW

Growth Rates

1Year -78.31%

3Years -0.31%

5Years -74.48%

7Years -6.51%

10Years 6.73%

8.18 M REVENUE

Growth Rates

1Year 2.23%

3Years 5.66%

5Years 10.44%

7Years 12.77%

10Years 12.61%

-1.48 M OPERATING INCOME

Growth Rates

1Year 4.74%

3Years -101.53%

5Years -57.91%

7Years -45.72%

10Years -27.32%

-1.58 M NET INCOME

Growth Rates

1Year -58.65%

3Years -124.65%

5Years -74.31%

7Years -58.99%

10Years -35.28%

-924 K OPERATING CASH FLOW

Growth Rates

1Year 9.47%

3Years -87.41%

5Years -33.91%

7Years -46.89%

10Years -19.87%

-1.1 M INVESTING CASH FLOW

Growth Rates

1Year 70.92%

3Years 7.71%

5Years 13.98%

7Years -10.06%

10Years -14.09%

374 K FINANCING CASH FLOW

Growth Rates

1Year -78.31%

3Years -0.31%

5Years -74.48%

7Years -6.51%

10Years 6.73%

Balance Sheet Decomposition KORU Medical Systems, Inc.

28.5 M ASSETS
8.11 M LIABILITIES

Current Assets	20.3 M
Cash & Short-Term Investments	11.5 M
Receivables	4.07 M
Other Current Assets	4.7 M
Non-Current Assets	8.21 M
Long-Term Investments	0
PP&E	7.35 M
Other Non-Current Assets	853 K

Current Liabilities	4.45 M
Accounts Payable	975 K
Short-Term Debt	792 K
Other Current Liabilities	2.69 M
Non-Current Liabilities	3.65 M
Long-Term Debt	3.65 M
Other Non-Current Liabilities	0

EFFICIENCY

Earnings Waterfall KORU Medical Systems, Inc.

Revenue	28.5 M
Cost Of Revenue	11.8 M
Gross Profit	16.7 M
Operating Expenses	26.1 M
Operating Income	-10.3 M
Other Expenses	3.47 M
Net Income	-13.7 M

RATIOS

58.59% GROSS MARGIN

Averages

1Year 58.59%

3Years 57.43%

5Years 59.64%

7Years 59.96%

10Years 60.28%

-36.01% OPERATING MARGIN

Averages

1Year -36.01%

3Years -34.86%

5Years -21.45%

7Years -13.04%

10Years -7.74%

-48.18% NET MARGIN

Averages

1Year -48.18%

3Years -32.89%

5Years -20.25%

7Years -12.74%

10Years -8.05%

-67.51% ROE

Averages

1Year -67.51%

3Years -35.89%

5Years -21.20%

7Years -11.67%

10Years -6.67%

-48.28% ROA

Averages

1Year -48.28%

3Years -26.60%

5Years -15.75%

7Years -8.35%

10Years -4.53%

-69.86% ROIC

Averages

1Year -69.86%

3Years -37.01%

5Years -22.07%

7Years -12.42%

10Years -7.03%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis KORU Medical Systems, Inc.

Net Income	-13.7 M
Depreciation & Amortization	870 K
Capital Expenditures	-815 K
Stock-Based Compensation	2.77 M
Change in Working Capital	1.2 M
Others	5.28 M
Free Cash Flow	-5.71 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets KORU Medical Systems, Inc.

Wall Street analysts predict an average 1-year price target for KRMD of $3.42 , with forecasts ranging from a low of $3 to a high of $4.5 .

KRMD Lowest Price Target Wall Street Target

3 USD -5.36%

KRMD Average Price Target Wall Street Target

3.42 USD 7.78%

KRMD Highest Price Target Wall Street Target

4.5 USD 41.96%

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

Precision Optics Corporation, Inc. designs, develops, manufactures, and sells specialized optical and illumination systems and related components primarily in the United States and the European Economic Area.

-0.499 USD

POCI

Overvalued 109.54%

Utah Medical Products, Inc. develops, manufactures, and distributes medical devices for the healthcare industry. The company offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems.

127 USD

UTMD

Undervalued 91.99%

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy.

42.3 USD

MMSI

Overvalued 58.49%

AtriCure, Inc. develops, manufactures, and sells devices for the surgical ablation of cardiac tissue and systems, and intercostal nerves to medical centers in the United States, Europe, Asia, and internationally.

-18.5 USD

ATRC

Overvalued 152.82%

Pro-Dex, Inc. designs, develops, and manufactures powered surgical instruments for medical device original equipment manufacturers worldwide. The company offers autoclavable, battery-powered and electric, and multi-function surgical drivers and shavers that are primarily used in the orthopedic, thoracic, and craniomaxillofacial markets.

0.179 USD

PDEX

Overvalued 99.61%

LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide.

50.1 USD

LMAT

Overvalued 50.89%

6. Ownership

Insider Ownership KORU Medical Systems, Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

350 K USD 1

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

350 K USD 1

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
11 months ago Dec 13, 2023	Bought 350 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 145833	2.4 USD
11 months ago Dec 13, 2023	Sell 350 K USD	Manko Joseph M. Jr. director, 10 percent owner:	- 145833	2.4 USD
1 year ago Aug 18, 2023	Bought 13.3 K USD	Tharby Linda M President and CEO	+ 5272	2.5296 USD
1 year ago Aug 21, 2023	Bought 26.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	2.6466 USD
1 year ago Aug 18, 2023	Bought 25.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	2.5407 USD
1 year ago Aug 16, 2023	Bought 49.5 K USD	CASCELLA ROBERT Director	+ 19000	2.607 USD
2 years ago May 12, 2022	Bought 21.7 K USD	Tharby Linda M President and CEO	+ 9897	2.1952 USD
2 years ago May 12, 2022	Bought 600 USD	Tharby Linda M President and CEO	+ 300	2 USD
2 years ago May 12, 2022	Bought 40.2 K USD	Horton Freedom, L.P. director:	+ 20000	2.0086 USD
3 years ago Aug 17, 2021	Bought 51.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15000	3.4172 USD
3 years ago Aug 16, 2021	Bought 68.1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	3.4031 USD
3 years ago Jun 02, 2021	Sell 98.5 K USD	Beck James M Director	- 21275	4.63 USD
3 years ago May 17, 2021	Bought 108 K USD	FLETCHER R JOHN Director	+ 25000	4.3 USD
3 years ago Dec 16, 2020	Bought 57 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	5.6974 USD
3 years ago Dec 08, 2020	Bought 54.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	5.4291 USD
3 years ago Dec 09, 2020	Bought 5.07 K USD	Pettigrew Donald B Chief Executive Officer	+ 1000	5.07 USD
3 years ago Dec 07, 2020	Bought 2.77 K USD	Goldberger Daniel S Director	+ 500	5.54 USD
3 years ago Dec 07, 2020	Bought 2.8 K USD	Fisher Karen Chief Financial Officer	+ 500	5.6 USD
3 years ago Dec 03, 2020	Bought 1.32 K USD	Fisher Karen Chief Financial Officer	+ 250	5.3 USD
3 years ago Dec 02, 2020	Bought 2.52 K USD	Goldberger Daniel S Director	+ 500	5.05 USD
3 years ago Nov 30, 2020	Bought 45.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	4.5599 USD
3 years ago Dec 01, 2020	Bought 5.78 K USD	FLETCHER R JOHN Director	+ 1275	4.53 USD
3 years ago Nov 30, 2020	Bought 94.3 K USD	FLETCHER R JOHN Director	+ 21052	4.48 USD
3 years ago Nov 25, 2020	Bought 2.32 K USD	Goldberger Daniel S Director	+ 500	4.63 USD
4 years ago Sep 04, 2020	Bought 181 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 25000	7.2491 USD
4 years ago Sep 03, 2020	Bought 181 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 25000	7.256 USD
4 years ago Sep 02, 2020	Bought 48.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 6500	7.4557 USD
5 years ago Jun 14, 2019	Bought 12.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5847	2.2 USD
5 years ago Jun 13, 2019	Bought 4.22 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 2000	2.11 USD
5 years ago Mar 15, 2019	Bought 54.2 K USD	Beck James M Director	+ 35000	1.55 USD
5 years ago Mar 05, 2019	Bought 23.1 K USD	Radin Arthur J Director	+ 15000	1.54 USD
5 years ago Feb 27, 2019	Bought 8.52 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 6000	1.42 USD
5 years ago Feb 26, 2019	Bought 5.56 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 4000	1.39 USD
5 years ago Feb 25, 2019	Bought 14.5 K USD	Allen Robert T Director	+ 10000	1.45 USD
5 years ago Dec 17, 2018	Bought 54 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 45000	1.2 USD
5 years ago Dec 17, 2018	Bought 226 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 144980	1.56 USD
5 years ago Dec 17, 2018	Bought 60 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 50000	1.2 USD
5 years ago Dec 17, 2018	Bought 3.78 M USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 3151697	1.2 USD
5 years ago Dec 18, 2018	Sell 9.17 M USD	Sealfon Andrew I director, 10 percent owner:	- 8128513	1.128 USD
5 years ago Dec 18, 2018	Sell 1.21 M USD	Baker Paul Mark Director	- 1071500	1.128 USD
5 years ago Dec 18, 2018	Sell 844 K USD	Baker Paul Mark Director	- 748047	1.128 USD
5 years ago Nov 28, 2018	Bought 13.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 9573	1.4 USD
5 years ago Nov 21, 2018	Bought 7.25 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	1.45 USD
5 years ago Nov 21, 2018	Bought 483 USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 333	1.45 USD
5 years ago Nov 20, 2018	Bought 12.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 8536	1.48 USD
6 years ago Nov 19, 2018	Bought 15.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	1.54 USD
6 years ago Nov 16, 2018	Bought 28.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 18000	1.59 USD
6 years ago Nov 15, 2018	Bought 7.75 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	1.55 USD
6 years ago Nov 13, 2018	Bought 27 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 17000	1.59 USD
6 years ago Nov 12, 2018	Bought 24.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15000	1.63 USD
6 years ago Nov 09, 2018	Bought 42.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 25000	1.69 USD
6 years ago Nov 07, 2018	Bought 30.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 17491	1.75 USD
6 years ago Nov 06, 2018	Bought 27.7 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 16296	1.7 USD
6 years ago Nov 05, 2018	Bought 65.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 39000	1.69 USD
6 years ago Nov 02, 2018	Bought 29.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 18185	1.62 USD
6 years ago Nov 01, 2018	Bought 18.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 12157	1.52 USD
6 years ago Oct 31, 2018	Bought 22.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 14787	1.52 USD
6 years ago Oct 30, 2018	Bought 16.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 11452	1.48 USD
6 years ago Oct 29, 2018	Bought 20.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 13700	1.48 USD
6 years ago Oct 26, 2018	Bought 8.08 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5500	1.47 USD
6 years ago Sep 14, 2018	Bought 33.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 23500	1.44 USD
6 years ago Sep 13, 2018	Bought 63.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 45344	1.4 USD
6 years ago Sep 12, 2018	Bought 14.1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	1.41 USD
6 years ago Sep 10, 2018	Bought 77.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 54039	1.44 USD
6 years ago Sep 07, 2018	Bought 62.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 45277	1.38 USD
6 years ago Sep 06, 2018	Bought 650 USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 500	1.3 USD
6 years ago Sep 05, 2018	Bought 29.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 22893	1.28 USD
6 years ago May 29, 2018	Bought 23.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 17714	1.32 USD
6 years ago May 25, 2018	Bought 24.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 18498	1.32 USD
6 years ago May 23, 2018	Bought 13.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 9992	1.32 USD
6 years ago May 23, 2018	Bought 13.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	1.32 USD
6 years ago May 10, 2018	Bought 14 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	1.4 USD
6 years ago May 09, 2018	Bought 20 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 14274	1.4 USD
6 years ago Mar 16, 2018	Bought 19.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15290	1.3 USD
6 years ago Mar 15, 2018	Bought 13.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10120	1.3 USD
6 years ago Mar 14, 2018	Bought 48.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 37700	1.28 USD
6 years ago Feb 28, 2018	Bought 6.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	1.38 USD
6 years ago Mar 01, 2018	Bought 27 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	1.35 USD
6 years ago Feb 28, 2018	Bought 13.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	1.38 USD
6 years ago Feb 27, 2018	Bought 6.7 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	1.34 USD
6 years ago Feb 23, 2018	Bought 30.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 23000	1.32 USD
6 years ago Feb 27, 2018	Bought 26.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	1.34 USD
6 years ago Feb 26, 2018	Bought 13.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	1.35 USD
6 years ago Feb 22, 2018	Bought 34.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 26000	1.33 USD
6 years ago Feb 21, 2018	Bought 102 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 78300	1.3 USD
6 years ago Feb 20, 2018	Bought 6.25 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	1.25 USD
6 years ago Dec 15, 2017	Bought 145 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 160802	0.9 USD
6 years ago Dec 14, 2017	Bought 161 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 182890	0.88 USD
6 years ago Dec 13, 2017	Bought 47.7 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 53000	0.9 USD
6 years ago Dec 12, 2017	Bought 45 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 50000	0.9 USD
6 years ago Dec 11, 2017	Bought 41.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 46225	0.9 USD
6 years ago Dec 08, 2017	Bought 36.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 41000	0.89 USD
6 years ago Dec 06, 2017	Bought 12.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15000	0.84 USD
6 years ago Dec 05, 2017	Bought 30.1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 35811	0.84 USD
6 years ago Nov 30, 2017	Bought 43.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 52300	0.83 USD
6 years ago Nov 29, 2017	Bought 20.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 25300	0.8 USD
6 years ago Nov 28, 2017	Bought 73.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 91810	0.8 USD
6 years ago Nov 27, 2017	Bought 39.1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 48900	0.8 USD
6 years ago Nov 24, 2017	Bought 64.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 82000	0.79 USD
7 years ago Nov 10, 2017	Bought 19.1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 27750	0.69 USD
7 years ago Nov 09, 2017	Bought 50.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 77890	0.65 USD
7 years ago Nov 08, 2017	Bought 14.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 22535	0.66 USD
7 years ago Sep 15, 2017	Bought 6.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 12933	0.51 USD
7 years ago Sep 13, 2017	Bought 4.41 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 9000	0.49 USD
7 years ago Sep 15, 2017	Bought 34.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 67067	0.51 USD
7 years ago Sep 14, 2017	Bought 13.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 27418	0.49 USD
7 years ago Sep 13, 2017	Bought 14.7 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 30000	0.49 USD
7 years ago May 30, 2017	Bought 2.94 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 7353	0.4 USD
7 years ago May 30, 2017	Sell 2.94 K USD	Anderson David W Director	- 7353	0.4 USD
7 years ago May 17, 2017	Sell 9.33 K USD	Anderson David W Director	- 23315	0.4 USD
7 years ago May 17, 2017	Sell 9.33 K USD	Anderson David W Director	- 23315	0.4 USD
7 years ago May 17, 2017	Bought 9.33 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 23315	0.4 USD
7 years ago Feb 13, 2017	Bought 10 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 25000	0.4 USD
7 years ago Feb 10, 2017	Bought 1.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	0.38 USD
7 years ago Feb 02, 2017	Bought 3.9 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.39 USD
7 years ago Jan 31, 2017	Bought 12.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 30000	0.41 USD
7 years ago Jan 27, 2017	Bought 3.31 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 7700	0.43 USD
7 years ago Jan 25, 2017	Bought 6.15 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15000	0.41 USD
7 years ago Jan 23, 2017	Bought 6.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15000	0.42 USD
7 years ago Jan 20, 2017	Bought 12.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 30000	0.42 USD
7 years ago Jan 17, 2017	Bought 2.1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 5000	0.42 USD
7 years ago Jan 09, 2017	Bought 5.5 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 12500	0.44 USD
7 years ago Jan 06, 2017	Bought 4.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.42 USD
7 years ago Jan 03, 2017	Bought 13.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 29500	0.45 USD
7 years ago Dec 30, 2016	Bought 107 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 223403	0.48 USD
7 years ago Dec 29, 2016	Bought 30.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 68918	0.44 USD
8 years ago Nov 09, 2016	Bought 2.95 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 7200	0.41 USD
8 years ago Nov 07, 2016	Bought 1 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 2500	0.4 USD
8 years ago Nov 04, 2016	Bought 8.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	0.41 USD
8 years ago Nov 03, 2016	Bought 4.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.42 USD
8 years ago Oct 31, 2016	Bought 6.78 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 15400	0.44 USD
8 years ago Oct 28, 2016	Bought 4.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.44 USD
8 years ago Oct 18, 2016	Bought 3.69 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 9000	0.41 USD
8 years ago Oct 14, 2016	Bought 4.34 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10100	0.43 USD
8 years ago Oct 11, 2016	Bought 4.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.42 USD
8 years ago Oct 10, 2016	Bought 8.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	0.43 USD
8 years ago Oct 07, 2016	Bought 5.38 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 12500	0.43 USD
8 years ago Oct 03, 2016	Bought 4.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.43 USD
8 years ago Sep 30, 2016	Bought 47.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 105748	0.45 USD
8 years ago Sep 29, 2016	Bought 12.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 30500	0.42 USD
8 years ago Aug 15, 2016	Bought 4.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.43 USD
8 years ago Aug 12, 2016	Bought 8.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	0.44 USD
8 years ago Aug 11, 2016	Bought 4.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.44 USD
8 years ago Aug 10, 2016	Bought 4.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.44 USD
8 years ago Aug 01, 2016	Bought 8.36 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 19000	0.44 USD
8 years ago Jul 29, 2016	Bought 4.6 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.46 USD
8 years ago Jul 26, 2016	Bought 18.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 42500	0.43 USD
8 years ago Jul 25, 2016	Bought 7.15 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 16250	0.44 USD
8 years ago Jul 28, 2016	Bought 4.2 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.42 USD
8 years ago Jul 27, 2016	Bought 4.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.43 USD
8 years ago Jul 26, 2016	Bought 18.3 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 42500	0.43 USD
8 years ago Jul 25, 2016	Bought 8.27 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 18800	0.44 USD
8 years ago Jul 21, 2016	Bought 8.27 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 18800	0.44 USD
8 years ago Jul 12, 2016	Bought 4.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.44 USD
8 years ago Jul 07, 2016	Bought 4.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.44 USD
8 years ago Jul 06, 2016	Bought 4.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 10000	0.44 USD
8 years ago Jul 05, 2016	Bought 8.8 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 20000	0.44 USD
8 years ago Jul 01, 2016	Bought 26.4 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 59902	0.44 USD
8 years ago Jun 30, 2016	Bought 36.7 K USD	Manko Joseph M. Jr. director, 10 percent owner:	+ 85384	0.43 USD
8 years ago Apr 11, 2016	Bought 4.65 K USD	Manko Joseph M. Jr. 10 percent owner	+ 15000	0.31 USD
8 years ago Apr 01, 2016	Bought 3.46 K USD	Manko Joseph M. Jr. 10 percent owner	+ 10500	0.33 USD
8 years ago Mar 31, 2016	Bought 19.2 K USD	Manko Joseph M. Jr. 10 percent owner	+ 60000	0.32 USD
8 years ago Feb 29, 2016	Bought 33.6 K USD	Narishkin Cyril Nicholas Director	+ 81976	0.41 USD
8 years ago Feb 16, 2016	Bought 3.17 K USD	Manko Joseph M. Jr. 10 percent owner	+ 6900	0.46 USD
8 years ago Feb 12, 2016	Bought 6.6 K USD	Manko Joseph M. Jr. 10 percent owner	+ 15000	0.44 USD
8 years ago Feb 01, 2016	Bought 2.76 K USD	Manko Joseph M. Jr. 10 percent owner	+ 6000	0.46 USD
8 years ago Jan 29, 2016	Bought 10.3 K USD	Manko Joseph M. Jr. 10 percent owner	+ 22800	0.45 USD
8 years ago Jan 28, 2016	Bought 6.36 K USD	Manko Joseph M. Jr. 10 percent owner	+ 15145	0.42 USD
8 years ago Jan 27, 2016	Bought 9.1 K USD	Manko Joseph M. Jr. 10 percent owner	+ 22200	0.41 USD
8 years ago Jan 26, 2016	Bought 7.98 K USD	Manko Joseph M. Jr. 10 percent owner	+ 19000	0.42 USD
8 years ago Jan 25, 2016	Bought 6.36 K USD	Manko Joseph M. Jr. 10 percent owner	+ 15500	0.41 USD
8 years ago Jan 22, 2016	Bought 11.1 K USD	Manko Joseph M. Jr. 10 percent owner	+ 27000	0.41 USD
8 years ago Jan 21, 2016	Bought 7.53 K USD	Manko Joseph M. Jr. 10 percent owner	+ 17934	0.42 USD
8 years ago Jan 07, 2016	Bought 450 USD	Manko Joseph M. Jr. 10 percent owner	+ 1000	0.45 USD
8 years ago Jan 05, 2016	Bought 8.52 K USD	Manko Joseph M. Jr. 10 percent owner	+ 18937	0.45 USD
8 years ago Jan 04, 2016	Bought 6.37 K USD	Manko Joseph M. Jr. 10 percent owner	+ 13000	0.49 USD
8 years ago Dec 31, 2015	Bought 86.9 K USD	Manko Joseph M. Jr. 10 percent owner	+ 170304	0.51 USD
8 years ago Dec 30, 2015	Bought 76.9 K USD	Manko Joseph M. Jr. 10 percent owner	+ 157010	0.49 USD
8 years ago Dec 29, 2015	Bought 94.4 K USD	Manko Joseph M. Jr. 10 percent owner	+ 200890	0.47 USD
9 years ago Oct 13, 2015	Bought 672 M USD	Radin Arthur J Director	+ 40000	16800 USD
9 years ago Jul 30, 2015	Bought 314 M USD	Radin Arthur J Director	+ 30000	10456 USD
9 years ago Jul 28, 2015	Bought 35.3 M USD	Radin Arthur J Director	+ 10600	3332 USD
11 years ago Apr 16, 2013	Bought 2.2 K USD	Spagnoli Remo Director	+ 10000	0.22 USD
12 years ago Mar 20, 2012	Bought 392 M USD	Pastreich Mark Director	+ 40000	9800 USD

7. News

KORU Medical Systems, Inc. (KRMD) Q3 2024 Earnings Call Transcript KORU Medical Systems, Inc. (KRMD) Q3 2024 Earnings Call Transcript seekingalpha.com - 3 days ago

KORU Medical Systems Inc. (KRMD) Reports Q3 Loss, Tops Revenue Estimates KORU Medical Systems Inc. (KRMD) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.03 per share a year ago. zacks.com - 3 days ago

KORU Medical Systems, Inc. Announces 2024 Q3 Financial Results, Third Consecutive Quarter of Double-Digit Growth; Raises Full Year 2024 Guidance MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, today reported financial results for the third quarter ended September 30, 2024, and raised full year 2024 revenue, gross margin, and year-end cash guidance. Recent Highlights Third quarter 2024 net revenues of $8. businesswire.com - 3 days ago

KORU Medical Systems to Participate in Upcoming Investor Conferences MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on the development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, today announced that the Company will be participating in two upcoming Investor Conferences. KORU Medical's management team is participating at the 15th Annual Craig-Hallum Alpha Select Conference on Tuesday, Novemb. businesswire.com - 1 week ago

Impressive Turnaround At KORU Medical KORU Medical Systems is poised for growth with solid revenue increases, multiple growth drivers, and a chance to reach cash flow breakeven in Q4. The FREEDOM system, designed for at-home drug delivery, offers recurring revenue from consumables and is gaining market share in the SCIg market. International expansion and novel therapies present significant growth opportunities, with international revenue growing 46% and novel therapies progressing to Phase 3 trials. seekingalpha.com - 1 week ago

KORU Medical Systems, Inc (KRMD) Q2 2024 Earnings Call Transcript KORU Medical Systems, Inc (KRMD) Q2 2024 Earnings Call Transcript seekingalpha.com - 3 months ago

KORU Medical Systems Inc. (KRMD) Reports Q2 Loss, Tops Revenue Estimates KORU Medical Systems Inc. (KRMD) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.05 per share a year ago. zacks.com - 3 months ago

Will KORU Medical Systems Inc. (KRMD) Report Negative Earnings Next Week? What You Should Know KORU Medical Systems Inc. (KRMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago

KORU Medical's (KRMD) FreedomEdge Gets Regulatory Nod in Japan KORU Medical (KRMD) announces the receipt of regulatory clearance for its FreedomEdge System in Japan. zacks.com - 4 months ago

Simplifying Subcutaneous Drug Administration: SCHOTT Pharma and KORU Medical Systems Announce Collaboration to Advance Large Volume Subcutaneous Infusion MAINZ, Germany, & MAHWAH, N.J.--(BUSINESS WIRE)--SCHOTT Pharma, a pioneer in pharma drug containment solutions and delivery systems, and KORU Medical Systems (NASDAQ: KRMD), a leading medical technology company focused on the development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, are joining forces to offer a high-volume subcutaneous drug infusion solution. “We want to ensure that medications are safe and easy to use for. businesswire.com - 5 months ago

KORU Medical Systems Announces a New Feasibility Study with a Commercialized Oncology Biologic MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, today announced a collaboration with a global pharmaceutical company to initiate a feasibility study with KORU Medical's Freedom Infusion System (the “Freedom System”) for an FDA and EMA approved subcutaneous onco. businesswire.com - 5 months ago

KORU Medical Systems Signs Supply Agreement for a Phase III Clinical Trial for a Novel Endocrinological Biologic MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, is pleased to announce the signing of a Phase III clinical supply agreement for a novel enzyme replacement therapy to treat a rare endocrinological disease. This significant milestone marks the progression of this. businesswire.com - 6 months ago

8. Profile Summary

KORU Medical Systems, Inc. KRMD

COUNTRY US

INDUSTRY Medical - Instruments & Supplies

MARKET CAP $ 145 M

Dividend Yield 0.00%

Description 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.

Contact 24 Carpenter Road, Chester, NY, 10918 https://www.korumedical.com

IPO Date April 5, 1994

Employees 82

Officers Mr. Thomas Adams Chief Financial Officer, Secretary & Treasurer Mr. Christopher Pazdan Chief Operating Officer Mr. Rob Cannon Vice President of Sales Mr. Kenneth Miller Chief Commercial Officer Ms. Linda M. Tharby President, Chief Executive Officer & Director

Price Chart KRMD

KORU Medical Systems, Inc. KRMD

Premium Plan

Unlimited Plan