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Koru Medical Systems Inc  (KRMD)
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Koru Medical Systems Inc's Gross Profit Margin by quarter

Trends, Rankings, Statistics



KRMD Gross Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -2.16 % -9.76 % 5.95 % 18.39 % 13.16 %
Seq. Revenue Change 2.61 % 0.97 % -6.18 % 0.65 % -5.36 %
Revenue In Millions $7.19 $7.00 $6.94 $7.39 $7.34
Gross Profit Margin 60.27 % 62 % 56.06 % 56.1 % 55.53 %
Gross Profit Margin Total Ranking # 1388 # 2020 # 2351 # 2375 # 2673
Gross Profit In Millions $4.33 $4.34 $3.89 $4.15 $4.08
Y / Y Gross Profit Change 6.2 % 0.46 % 16.2 % 14.49 % 6.43 %
Seq. Gross Profit Change -0.26 % 11.68 % -6.24 % 1.69 % -5.65 %


Commenting fourth Quarter 2023 Gross Profit Margin
Company's Gross Profit Margin sequentially deteriorated to 60.27 % due to increase in Cost of Sales and despite Revenue increase of 2.61 % to $7 millions.
Company's Gross Profit Margin in IV. Quarter, was lower than company average.

Observing fourth quarter 2023 results within Medical Equipment & Supplies industry 55 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1388, from total ranking in previous quarter at 2020.
Learn about Gross Margin
KRMD's Gross Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 56
Healthcare Sector # 247
Overall # 1387

Gross Profit Margin Statistics
High Average Low
67.07 % 60.77 % 51.11 %
(Nov 30 2015)   (Jun 30 2022)




Other Gross Profit Margin Profitability Ratios
KRMD's Cumulative Gross Profit Margin
Medical Equipment & Supplies Industry Gross Profit Margin Trends and Statistics
Healthcare Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
KRMD's Gross Profit Margin Profitability versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for KRMD's Competitors
Gross Profit Margin Profit Margin for Koru Medical Systems Inc's Suppliers
Gross Profit Margin Profit Margin for KRMD's Customers

You may also want to know
KRMD's Annual Growth Rates KRMD's Profitability Ratios KRMD's Asset Turnover Ratio KRMD's Dividend Growth
KRMD's Roe KRMD's Valuation Ratios KRMD's Financial Strength Ratios KRMD's Gross Profit Growth
KRMD's Roa KRMD's Inventory Turnover Ratio KRMD's Growth Rates KRMD's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Dec 31 2023, within Medical Equipment & Supplies Industry Gross Profit MarginDec 31 2023 MRQ Gross ProfitDec 31 2023 MRQ Revenue
Bone Biologics Corporation  100.00 %$ 1.456 $ 1.456 
Docgo Inc   100.00 %$ 231.022 $ 231.022 
Inovio Pharmaceuticals Inc   100.00 %$ 1.922 $ 1.922 
Monogram Orthopaedics inc   100.00 %$ 0.365 $ 0.365 
Electrocore Inc   93.25 %$ 4.091 $ 4.387 
Shockwave Medical Inc   87.26 %$ 177.663 $ 203.597 
Inari Medical Inc   86.86 %$ 115.088 $ 132.503 
Inspire Medical Systems inc   85.51 %$ 164.454 $ 192.314 
Mimedx Group Inc   83.91 %$ 72.990 $ 86.988 
Inmode Ltd   83.60 %$ 411.340 $ 492.048 
Orchestra Biomed Holdings Inc   82.06 %$ 0.215 $ 0.262 
Fonar Corporation  81.87 %$ 20.784 $ 25.386 
Nuwellis Inc   81.60 %$ 1.388 $ 1.701 
Zynex inc   78.28 %$ 37.013 $ 47.285 
Cvrx inc  78.20 %$ 9.585 $ 12.257 
Semler Scientific Inc   77.52 %$ 11.672 $ 15.057 
Glaukos Corp  77.13 %$ 63.474 $ 82.300 
Electromed Inc   77.03 %$ 10.545 $ 13.689 
Edwards Lifesciences Corporation  76.76 %$ 1,177.200 $ 1,533.700 
Neuronetics inc   76.46 %$ 15.771 $ 20.627 
Novocure Limited  75.67 %$ 101.228 $ 133.784 
Axonics Inc   75.30 %$ 82.760 $ 109.906 
Atricure Inc   75.23 %$ 79.815 $ 106.089 
Pulmonx Corporation  74.02 %$ 14.400 $ 19.454 
Si bone inc   74.00 %$ 28.676 $ 38.752 
Silk Road Medical Inc   73.61 %$ 34.802 $ 47.276 
Biotricity Inc   72.92 %$ 2.168 $ 2.973 
Tactile Systems Technology Inc   72.15 %$ 56.007 $ 77.629 
Orthopediatrics Corp  71.90 %$ 26.714 $ 37.153 
Innovage Holding Corp   71.24 %$ 134.577 $ 188.898 




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