MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

CorMedix Inc. (CRMD)

For the quarter ending 2025-03-31, CRMD made $39,081,657 in revenue. -$20,637,808 in net income. Net profit margin of -52.81%.

Overview

Revenue
$39,081,657
Net Income
-$20,637,808
Net Profit Margin
-52.81%
EPS
$0.3
Unit: Dollar

Unit: Dollar
2025-03-31
2024-09-30
2024-06-30
Net sales39,081,657 11,456,115 806,119
Cost of sales1,596,715 686,598 509,839
Gross profit (loss)37,484,942 10,769,517 296,280
Selling and marketing4,473,840 6,748,900 7,386,841
Research and development3,192,440 727,119 650,988
General and administrative9,693,382 6,580,834 7,559,277
Total operating expenses17,359,662 14,056,853 15,597,106
Income (loss) from operations20,125,280 -3,287,336 -15,300,826
Interest income566,797 553,856 -
Interest expense10,007 10,007 -
Foreign exchange transaction (loss) gain-38,172 -33,325 -1,473
Total other income518,618 510,524 -
Other income- - 500,000
Interest income, other- - 657,366
Interest expense, operating and nonoperating- - 6,556
Other nonoperating income (expense)- - 1,149,337
Net income (loss) before income taxes20,643,898 -2,776,812 -14,151,489
Net income (loss)20,643,898 -2,776,812 -14,151,489
Unrealized loss from investment-4,511 5,040 2,030
Foreign currency translation (loss) gain-1,579 -1,651 -
Other comprehensive income (loss), foreign currency transaction and translation adjustment, net of tax, portion attributable to parent- - 240
Other comprehensive income (loss), net of tax- 3,389 2,270
Total other comprehensive loss-6,090 -2,773,423 -14,149,219
Other comprehensive income (loss)-20,637,808 -2,773,423 -14,149,219
Basic eps0.32 -0.05 -0.25
Diluted eps0.3 -0.05 -0.25
Basic average shares65,244,341 58,825,221 57,620,974
Diluted average shares68,975,418 58,825,221 57,620,974
Unit: Dollar

Income Statement

DownloadDownload image
Foreign currencytranslation (loss) gain-$1,579 Unrealized loss frominvestment-$4,511 Other comprehensiveincome (loss)-$20,637,808 Total othercomprehensive loss-$6,090 Net income (loss)$20,643,898 Net income (loss)before income taxes$20,643,898 General andadministrative$9,693,382 Research and development$3,192,440 Selling and marketing$4,473,840 Total other income$518,618 Income (loss) fromoperations$20,125,280 Foreign exchangetransaction (loss) gain-$38,172 Interest expense$10,007 Total operatingexpenses$17,359,662 Interest income$566,797 Gross profit (loss)$37,484,942 Cost of sales$1,596,715 Net sales$39,081,657