CorMedix Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	214.3	43.47	-	0.07	0.19	0.24	Upgrade
Revenue Growth (YoY)	1647.67%	-	-	-65.74%	-20.19%	-15.54%	Upgrade
Cost of Revenue	12.2	3.19	-	0	0.15	0.2	Upgrade
Gross Profit	202.1	40.28	-	0.06	0.04	0.03	Upgrade
Selling, General & Admin	82.06	58.7	35.8	20.01	16.35	13.88	Upgrade
Research & Development	12.46	3.94	13.16	10.68	13.13	13.38	Upgrade
Operating Expenses	98.15	62.64	48.96	30.69	29.48	27.26	Upgrade
Operating Income	103.95	-22.36	-48.96	-30.62	-29.44	-27.22	Upgrade
Interest Expense	-0.97	-0.04	-0.03	-0.03	-0.02	-0.03	Upgrade
Interest & Investment Income	3.47	2.58	2.68	0.33	0.01	0.12	Upgrade
Currency Exchange Gain (Loss)	-0.12	-0.03	-0.03	0.04	-0.02	-0.06	Upgrade
Other Non Operating Income (Expenses)	0.02	0.52	-	-	-	-	Upgrade
EBT Excluding Unusual Items	106.34	-19.32	-46.34	-30.29	-29.46	-27.2	Upgrade
Other Unusual Items	-2.4	-	-	-	-	-	Upgrade
Pretax Income	107.03	-19.32	-46.34	-30.29	-29.46	-27.2	Upgrade
Income Tax Expense	-55.47	-1.39	-	-0.59	-1.25	-5.17	Upgrade
Net Income	162.5	-17.93	-46.34	-29.7	-28.21	-22.03	Upgrade
Net Income to Common	162.5	-17.93	-46.34	-29.7	-28.21	-22.03	Upgrade
Shares Outstanding (Basic)	68	59	51	40	38	29	Upgrade
Shares Outstanding (Diluted)	72	59	51	40	38	29	Upgrade
Shares Change (YoY)	24.69%	15.65%	26.39%	6.93%	31.87%	18.26%	Upgrade
EPS (Basic)	2.40	-0.30	-0.91	-0.74	-0.75	-0.77	Upgrade
EPS (Diluted)	2.25	-0.30	-0.91	-0.74	-0.75	-0.77	Upgrade
Free Cash Flow	74.42	-50.73	-38.74	-24.58	-22.58	-22.08	Upgrade
Free Cash Flow Per Share	1.03	-0.86	-0.76	-0.61	-0.60	-0.77	Upgrade
Gross Margin	94.31%	92.66%	-	94.29%	22.00%	14.37%	Upgrade
Operating Margin	48.51%	-51.43%	-	-46819.91%	-15417.51%	-11378.44%	Upgrade
Profit Margin	75.83%	-41.24%	-	-45409.90%	-14774.70%	-9207.70%	Upgrade
Free Cash Flow Margin	34.73%	-116.70%	-	-37573.53%	-11826.24%	-9229.69%	Upgrade
EBITDA	108.2	-22.05	-48.89	-30.54	-29.38	-27.09	Upgrade
EBITDA Margin	50.49%	-50.71%	-	-	-	-	Upgrade
D&A For EBITDA	4.25	0.31	0.07	0.08	0.06	0.13	Upgrade
EBIT	103.95	-22.36	-48.96	-30.62	-29.44	-27.22	Upgrade
EBIT Margin	48.51%	-51.43%	-	-	-	-	Upgrade

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q