Filing Flows › Koru Medical Systems (KRMD) › Q4 2024
Koru Medical Systems (KRMD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 12, 2025
Koru Medical Systems (KRMD) reported revenue of $8.8M for the fourth quarter 2024 (Q4 2024), +23% from a year earlier and +8% from the quarter before. Operating margin was -18.0%, net loss $1.6M (17.7% of revenue).
Koru Medical Systems, Q4 2024: revenue $8.8M (+23% year over year), operating margin -18.0%, net loss $1.6M, operating cash flow $940K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.8M | +8% | +23% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | $940K | — | -14% |
What changed
Revenue was $8.8M in Q4 2024, up 23% year over year and up 8% from the previous quarter.
Gross margin was 62.9%, up 2.7 points from a year earlier. Operating costs exceeded revenue by $1.6M, an operating margin of -18.0%. Operating expenses grew 10% against revenue growth of 23%. The fastest-growing cost line was SG&A (+16%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $1.6M loss.
Operating cash flow was $940K (down 14% year over year). Non-cash charges added back $211K of depreciation and amortization and $700K of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of −$44K left free cash flow of $1.0M.
Questions
What was Koru Medical Systems' revenue in the fourth quarter 2024?
Koru Medical Systems (KRMD) reported revenue of $8.8M for the fourth quarter 2024 (Q4 2024), +23% from a year earlier and +8% from the quarter before.
Was Koru Medical Systems profitable in the fourth quarter 2024?
Operating loss was $1.6M (-18.0% of revenue) and net loss $1.6M.