OverviewSuggest Edit

KORU Medical Systems (formerly known as Repro Med Systems) is a company that designs, manufactures, and markets proprietary portable medical devices and supplies primarily for the ambulatory infusion market and emergency medical applications worldwide. The company offers mechanical infusion product FREEDOM infusion systems, which include the FREEDOM60 syringe infusion driver, the FreedomEdge syringe infusion driver, HIgH-Flo subcutaneous safety needle sets, RMS precision flow rate tubing, and RMS precision flow rate controller, as well as medical suction product RES-Q-VAC, a portable medical suction system. Repro Med Systems sells its products directly to physician offices, hospitals, and other institutional customers, as well as through regional distributors specializing in the hospital respiratory care market. 

TypePublic
Founded1980
HQChester, US
Websitekorumedical.com
Employee Ratings2.6

Locations

KORU Medical Systems is headquartered in
Chester, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)71(-6%)
Revenue (FY, 2019)$23.2 M(+34%)
Share Price (Nov 2020)$4.7 (+3%)
Cybersecurity ratingAMore

Key People/Management at KORU Medical Systems

Donald B. Pettigrew

Donald B. Pettigrew

President and Chief Executive Officer
Robert T. Allen

Robert T. Allen

Director
Joseph M. Manko

Joseph M. Manko

Lead Director
Daniel S. Goldberger

Daniel S. Goldberger

Director
Karen Fisher

Karen Fisher

Chief Financial Officer
David W. Anderson

David W. Anderson

Director
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KORU Medical Systems Office Locations

KORU Medical Systems has an office in Chester
Chester, US (HQ)
24 Carpenter Rd
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KORU Medical Systems Financials and Metrics

KORU Medical Systems Revenue

KORU Medical Systems's revenue was reported to be $23.16 m in FY, 2019
USD

Revenue (Q2, 2020)

7.7m

Gross profit (Q2, 2020)

4.9m

Gross profit margin (Q2, 2020), %

63.7%

Net income (Q2, 2020)

(1.1m)

EBIT (Q2, 2020)

(1.0m)

Market capitalization (20-Nov-2020)

204.8m

Closing stock price (20-Nov-2020)

4.7

Cash (30-Jun-2020)

38.1m

EV

170.1m
KORU Medical Systems's current market capitalization is $204.8 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

12.3m17.4m23.2m

Revenue growth, %

41%

Cost of goods sold

4.7m6.5m8.3m

Gross profit

7.6m10.8m14.9m
Quarterly
USDQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

3.8m3.8m4.0m4.5m4.5m5.0m5.3m6.6m6.3m7.7m

Cost of goods sold

1.5m1.5m1.6m1.8m1.7m1.9m1.9m2.2m2.5m2.8m

Gross profit

2.3m2.4m2.5m2.7m2.9m3.0m3.5m4.4m3.8m4.9m

Gross profit Margin, %

60%62%61%61%64%61%65%66%60%64%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018FY, 2019

Cash

1.8m1.9m2.2m3.3m3.7m5.9m

Accounts Receivable

884.7k1.1m1.7m1.5m1.4m3.2m

Prepaid Expenses

188.9k180.7k245.8k176.0k246.6k387.4k

Inventories

1.2m1.2m818.7k1.4m2.1m2.4m
USDQ2, 2012

Financial Leverage

1.3 x
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KORU Medical Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

KORU Medical Systems Online and Social Media Presence

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KORU Medical Systems Frequently Asked Questions

  • When was KORU Medical Systems founded?

    KORU Medical Systems was founded in 1980.

  • Who are KORU Medical Systems key executives?

    KORU Medical Systems's key executives are Donald B. Pettigrew, Robert T. Allen and Joseph M. Manko.

  • How many employees does KORU Medical Systems have?

    KORU Medical Systems has 71 employees.

  • What is KORU Medical Systems revenue?

    Latest KORU Medical Systems annual revenue is $23.2 m.

  • What is KORU Medical Systems revenue per employee?

    Latest KORU Medical Systems revenue per employee is $326.2 k.

  • Who are KORU Medical Systems competitors?

    Competitors of KORU Medical Systems include GC Aesthetics, Observe Medical and LensGen.

  • Where is KORU Medical Systems headquarters?

    KORU Medical Systems headquarters is located at 24 Carpenter Rd, Chester.

  • Where are KORU Medical Systems offices?

    KORU Medical Systems has an office in Chester.

  • How many offices does KORU Medical Systems have?

    KORU Medical Systems has 1 office.