| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | 4 | 1 | — | — | 1 |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 11.48 | 9.58 | 8.87 | 8.29 |
| Receivables | 4.07 | 6.00 | 6.53 | 6.09 |
| Inventory | 3.48 | 2.80 | 3.68 | 4.51 |
| Other | — | — | — | — |
| 20.26 | 19.13 | 19.99 | 19.51 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 0.98 | 1.65 | 2.27 | 2.91 |
| ST’ Debt | — | — | — | — |
| Other | 0.51 | 0.03 | 0.03 | 0.01 |
| 4.45 | 7.20 | 8.19 | 7.18 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 11.76 | 12.05 | — | — |
—
|
| ’25 | 9.64 | 10.19 | 10.40 | 10.90 |
41.13
|
| ’24 | 8.20 | 8.43 | 8.18 | 8.84 |
33.65
|
| ’23 | 7.39 | 6.94 | 7.00 | 7.19 |
28.52
|
| ’22 | 6.24 | 6.55 | 7.76 | 7.34 |
27.90
|
| ’21 | 5.43 | 5.53 | 6.04 | 6.49 |
23.49
|
| ’20 | 6.33 | 7.71 | 6.08 | 4.06 |
24.18
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.01 | 0.22 | — | — |
—
|
| ’25 | (0.24) | (0.46) | 0.07 | 1.09 |
0.46
|
| ’24 | (0.35) | 0.01 | (0.92) | 0.94 |
(0.32)
|
| ’23 | (4.66) | (0.15) | (1.17) | 1.10 |
(4.89)
|
| ’22 | (1.75) | (2.87) | (2.12) | 1.34 |
(5.40)
|
| ’21 | (2.61) | (0.17) | (0.83) | (0.72) |
(4.32)
|
| ’20 | 0.15 | 2.55 | (1.74) | (1.71) |
(0.74)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.08) | (0.36) | — | — |
—
|
| ’25 | (0.68) | (0.49) | 0.01 | 0.67 |
(0.49)
|
| ’24 | (0.48) | (0.14) | (2.03) | 0.99 |
(1.65)
|
| ’23 | (4.94) | (0.26) | (1.39) | 0.89 |
(5.71)
|
| ’22 | (2.50) | (4.05) | (2.76) | 1.11 |
(8.21)
|
| ’21 | (2.71) | (0.24) | (0.98) | (0.76) |
(4.69)
|
| ’20 | (0.03) | 2.22 | (2.23) | (1.74) |
(1.78)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.02) | 0.01 | — | — |
—
|
| ’25 | (0.03) | 0.00 | (0.02) | (0.01) |
(0.06)
|
| ’24 | (0.04) | (0.02) | (0.03) | (0.03) |
(0.13)
|
| ’23 | (0.05) | (0.05) | (0.03) | (0.16) |
(0.30)
|
| ’22 | (0.06) | (0.07) | (0.03) | (0.04) |
(0.19)
|
| ’21 | (0.03) | (0.03) | (0.02) | (0.02) |
(0.10)
|
| ’20 | 0.01 | (0.03) | 0.01 | (0.02) |
(0.03)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡ | 1.82 | 2.00 | 1.98 | 1.86 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 3.68 | 4.48 | 4.60 | 6.61 | — | — | — |
High Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 86 | 82 | 80 | 73 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.32 | 0.35 | 0.42 | 0.56 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 27.90 | 28.52 | 33.65 | 41.13 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 55.09% | 58.59% | 63.40% | 62.26% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (10.68) | (9.77) | (6.06) | (2.62) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (38.27%) | (34.27%) | (18.02%) | (6.36%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.66) | (13.74) | (6.07) | (2.64) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.59 | 0.87 | 0.89 | 0.81 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.62 | 0.63 | 0.73 | 0.89 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | (0.19) | (0.30) | (0.13) | (0.06) | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.12) | (0.11) | (0.01) | 0.01 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.06) | (0.02) | (0.03) | (0.02) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.18) | (0.13) | (0.04) | (0.01) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.70 | 0.45 | 0.37 | 0.37 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 45.00 | 45.60 | 45.80 | 46.19 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.73 | 3.81 | 5.24 | 6.52 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.10 | 5.33 | 10.49 | 15.74 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.15 | 3.45 | 4.99 | 6.33 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (17.50) | (17.22) | (101.58) | (534.42) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5.40) | (4.89) | (0.32) | 0.46 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.80) | (0.81) | (1.33) | (0.95) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.21) | (5.71) | (1.65) | (0.49) | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.84 | 15.80 | 11.93 | 11.79 | — | — | — |
Working Cap'
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.27 | 0.32 | 0.20 | 0.08 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (16.14) | (11.17) | (9.38) | (8.79) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 31.33 | 20.35 | 16.81 | 17.05 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (20.71%) | (38.82%) | (21.79%) | (9.52%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (44.36%) | (69.86%) | (54.19%) | (22.51%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (25.54%) | (53.18%) | (32.64%) | (15.58%) | — | — | — |
ROE
|
KORU Medical Systems (KRMD) dazzles with revenue nearly tripling since 2016 to $33.6 million in 2024, accelerating to 18% growth lately, fueled by efficient scaling of its Freedom Infusion System and productivity surges like 89% higher revenue per employee. Analysts forecast 17-22% CAGR through 2027, painting a path to tepid profitability. Yet, this niche medtech player’s glossy top-line hides a profitability black hole: cumulative losses over $40 million in five years, cash burn persisting into 2024, and metrics like -54% ROIC screaming inefficiency amid dilution and volatile gross margins.
The balance sheet offers a net cash cushion, but equity erosion, insider silence (zero trades in over a year), and rich valuations—5.2x PS for a perennial lossmaker—signal a disconnect from frothy analyst targets implying up to 71% upside. Stock highs near 2024 peaks echo 2020 hype, but history warns of 85% wipeouts when reality bites, from reimbursement risks to competition.
Contrarians see a high-stakes gamble: growth tempts, but execution chokepoints like FCF inflection loom large. Will KRMD finally deliver, or fade into medtech mediocrity? Dive into the full analysis for the unvarnished risks.
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