CorMedix Inc.CRMD

NasdaqHealthcarePharmaceutical Preparations
Price (close)
$7.85
Market cap
$611.9M
P/E
3.3x
Revenue (TTM)
$462.2M
Net income
$187.2M
Dividend yield
—
1-year total return
-29.4%
Net margin
40.5%
Revenue growth
280.5%
Debt / equity
—

What CorMedix Inc. does.

is a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions.

Our primary focus has been commercializing DefenCath® (taurolidine and heparin), in the U.S., which we launched in 2024 in the hemodialysis

team, commercial platform and increased the commercial portfolio with six marketed, hospital- and clinic-focused infectious disease products,

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$239,231$190,936$65,408—$43.5M$311.7M
Net income-$22.0M-$28.2M-$29.7M-$46.3M-$17.9M$163.1M
Free cash flow-$22.1M-$22.6M-$24.6M-$38.7M-$50.7M$172.8M

More on CRMD.

Figures from CorMedix Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.