Company Analysis

KORU Medical Systems, Inc. (KRMD)

Nasdaq: KRMD · Surgical & Medical Instruments & Apparatus · Mahwah, NJ · filing with the SEC since 1996
Grade6.0
◀ Past 6.0● Present 6.1▶ Future 5.8
1 est.

The grade of KORU Medical Systems, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past6.030% of the headline
● Present6.140% of the headline
▶ Future5.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.0/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
5.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2024-06-03.

weight 33% of this tense · 55th percentile among 121 sector filers · read for itself

From the record

KORU Medical Systems, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2024-06-03) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.6/10

What has it actually done, year after year?

+13.1% a year over 8 filed years; profitable in 2 of 8.

weight 45% of this tense · 56th percentile among 105 sector filers · read for its customers

From the record

KORU Medical Systems, Inc.'s 8 filed years say what it did: revenue went from $17 million in fiscal 2018 to $41 million in fiscal 2025, up 13.1% a year; it rose in 6 of 7 years; the deepest fall was 3% from fiscal 2020 to fiscal 2021; net income was positive in 2 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.1%bottom 46% of its family
  • the share of years revenue rosetop 47% of its family
  • the share of filed years with a profittop 39% of its family
  • the deepest fall from a revenue peak2.8%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
7.7/10

How has it treated the people who own it?

SI estimate 7.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 77th percentile among 120 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 23% of 120 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 120 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: KORU Medical Systems, Inc.'s shareholder treatment is put at 7.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 23% of 120 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.1/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.2/10

Is it financially healthy right now?

ROE -15%: lost 15¢ per shareholder dollar. Leverage 40%: owes 40¢ per asset dollar.

weight 45% of this tense · 72nd percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, KORU Medical Systems, Inc. lost about 15 cents for every dollar of shareholders' money, and gross profitability: its products earned about 91 cents per dollar of everything the company owns. Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 0.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 43% of its family
  • return on equitytop 35% of its family
  • gross profit against assetstop 5% of its family
  • the share count against the year beforetop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.1/10

How strong is its position in its industry?

top 49% of 109 in its family; net margin -6.4%.

weight 33% of this tense · 51st percentile among 109 sector filers · read for its customers

From the record

KORU Medical Systems, Inc.'s standing among 109 graded names in its industry family: revenue of $41 million in fiscal 2025 ranks in the bottom 38% by size; a net margin of -6.4% ranks in the top 36%; revenue growth of 13.8% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • revenue against the family$41.1Mbottom 38% of its family
  • net margin-6.4%top 36% of its family
  • three-year revenue growth13.8%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.4/10

What are the people in charge doing?

top 46% of 91 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 54th percentile among 91 sector filers · read for its shareholders

From the record

KORU Medical Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Tharby, Linda M (Chief Executive Officer, as filed), filing under that title since 2021-04-14, 5.6 years (top 43% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 4.5 years (bottom 35%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 11 peopletop 30% of its family
  • the median years the people in charge have filed4.5 yearsbottom 35% of its family
  • the chief executive's years on the record5.6 yearstop 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.7/10

How much room does it have to grow?

top 43% of 104 in its family for room to expand.

weight 45% of this tense · 57th percentile among 104 sector filers · read for itself

From the record

KORU Medical Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $9 million against no long-term debt tagged leaves 31.5% of its assets as net cash, top 27% of its family; cash from operations less capital spending is -1.1% of revenue (top 44%); a gross margin of 62.3% (top 47%); research spending of 10.7% of revenue (bottom 46%) (its annual report).

What it rests on

  • cash less debt against assets31.5%top 27% of its family
  • cash from operations less capital spending against revenue-1.1%top 44% of its family
  • gross margin62.3%top 47% of its family
  • research spending against revenue10.7%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.6/10

What could actually drive growth from here?

bottom 46% of 105 in its family for growth drivers.

weight 33% of this tense · 46th percentile among 105 sector filers · read for its customers

From the record

KORU Medical Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 13.8% a year over the last three filed years against 13.1% over all 8, speeding up (top 32% of its family); the newest year grew 22.3% (top 29%); research spending grew -4% a year (bottom 25%); capital spending grew -30.4% a year (bottom 18%) (its annual reports). KORU Medical Systems, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.7 points a yeartop 32% of its family
  • the newest year's revenue growth22.3%top 29% of its family
  • three-year growth of research spending-4.0%bottom 25% of its family
  • three-year growth of capital spending-30.4%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.6/10

Did its newest year beat what its own record pointed to?

top 24% of 88 in its family for expectations against reality.

weight 22% of this tense · 76th percentile among 88 sector filers · read for its shareholders

From the record

KORU Medical Systems, Inc.'s newest year against its own record: revenue of $41 million in fiscal 2025 came in 11.3% above the $37 million its prior three years' pace pointed to (top 16% of its family); net income of $3 million against a prior three-year average of $9 million (top 23%); a net margin of -6.4% against -32.4% before (top 32%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace11.3%top 16% of its family
  • net income against the prior three years' average+72%top 23% of its family
  • net margin against its prior average+26.0 pointstop 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton KRMD · research, not advice