KORU Medical Systems Full Year 2024 Earnings: In Line With Expectations

KORU Medical Systems (NASDAQ:KRMD) Full Year 2024 Results

Key Financial Results

• Revenue: US$33.6m (up 18% from FY 2023).
• Net loss: US$6.07m (loss narrowed by 56% from FY 2023).
• US$0.13 loss per share (improved from US$0.30 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

KORU Medical Systems Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 15% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on KORU Medical Systems' balance sheet health.

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