KORU Medical Systems
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. KORU Medical Systems's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $28,517,666. Profit margin reached -48%. Total operating expenses were $26,107,871.
Profit Margin
| 2013 | 7.76M | 725.76K | 9.35% |
|---|---|---|---|
| 2015 | 11.24M | 753.11K | 6.7% |
| 2016 | 12.24M | 782.86K | 6.39% |
| 2017 | 15.97M | 1.08M | 6.8% |
| 2018 | 17.35M | 910.57K | 5.25% |
| 2019 | 23.16M | 564.34K | 2.44% |
| 2020 | 24.17M | -1.21M | -5.01% |
| 2021 | 23.49M | -4.56M | -19.42% |
| 2022 | 27.89M | -8.66M | -31.05% |
| 2023 | 28.51M | -13.74M | -48.18% |
KRMD Income Statement (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 28.51M | 27.89M | 23.49M | 24.17M | 23.16M | 17.35M | 15.97M | 12.24M | 11.24M | 7.76M |
Cost of revenue | 11.80M | 12.52M | 9.72M | 9.24M | 8.30M | 6.54M | 6.51M | 4.64M | 4.55M | 2.81M |
Gross profit | 16.70M | 15.36M | 13.76M | 14.93M | 14.85M | 10.81M | 9.45M | 7.60M | 6.68M | 4.94M |
Operating exp. | ||||||||||
Research and development | 5.74M | 4.95M | 2.47M | 1.29M | 740.47K | 241.12K | 60.70K | 207.28K | 468.15K | 147.57K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 26.10M | 26.14M | 20.79M | 13.74M | 10.85M | 8.74M | 7.97M | 6.42M | 5.54M | 3.88M |
Operating income | -10.26M | -10.78M | -7.02M | -1.25M | 585.67K | 1.16M | 1.48M | 1.18M | 1.14M | 1.06M |
Other income (expenses), net | 496.39K | -39.87K | 652.01K | 60.52K | -3.38M | -914.69K | 85.18K | -38.81K | -72.85K | -4.09K |
Income before tax | -9.77M | -10.67M | -6.36M | -1.19M | 696.41K | 1.17M | 1.56M | 1.14M | 1.07M | 1.03M |
Income tax expense | 3.96M | -2.01M | -1.80M | 17.8K | 132.06K | 266.38K | 483.07K | 359.70K | 321.41K | 312.34K |
Net income | -13.74M | -8.66M | -4.56M | -1.21M | 564.34K | 910.57K | 1.08M | 782.86K | 753.11K | 725.76K |
Earnings per share | ||||||||||
Basic EPS | -0.3 | -0.19 | -0.1 | -0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
Diluted EPS | -0.3 | -0.19 | -0.1 | -0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
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