earnings
confidence high
sentiment positive
materiality 0.75
KORU Medical reports record Q4 revenue $8.9M (+23% YoY); positive cash flow in Q4
KORU Medical Systems, Inc.
2024-FY EPS reported
-$0.13
revenue$33,646,463
- Preliminary full-year 2024 net revenue of $33.7M, up 18% YoY; Q4 revenue $8.9M, up 23% YoY.
- Ending cash balance $9.6M; Q4 generated positive cash flow of $0.8M.
- Full-year cash burn $1.9M, a 67% improvement over prior year.
- CEO cites U.S. market share gains, international expansion, and progress on new drug therapy labeling.