Filing Flows › Koru Medical Systems (KRMD) › Q1 2025
Koru Medical Systems (KRMD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Koru Medical Systems (KRMD) reported revenue of $9.6M for the first quarter 2025 (Q1 2025), +18% from a year earlier and +9% from the quarter before. Operating margin was -12.9%, net loss $1.2M (12.1% of revenue).
Koru Medical Systems, Q1 2025: revenue $9.6M (+18% year over year), operating margin -12.9%, net loss $1.2M, operating cash flow −$237K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.6M | +9% | +18% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$237K | -125% | — |
What changed
Revenue was $9.6M in Q1 2025, up 18% year over year and up 9% from the previous quarter.
Gross margin was 62.8%, up 0.5 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -12.9%. Operating expenses grew 3% against revenue growth of 18%. The fastest-growing cost line was SG&A (+11%). The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $1.6M loss.
Operating cash flow was −$237K. Non-cash charges added back $217K of depreciation and amortization and $698K of share-based compensation. Working capital and other items added $14K. Capital expenditures of $443K exceeded it, leaving free cash flow of −$681K.
Questions
What was Koru Medical Systems' revenue in the first quarter 2025?
Koru Medical Systems (KRMD) reported revenue of $9.6M for the first quarter 2025 (Q1 2025), +18% from a year earlier and +9% from the quarter before.
Was Koru Medical Systems profitable in the first quarter 2025?
Operating loss was $1.2M (-12.9% of revenue) and net loss $1.2M.