CorMedix Inc (CRMD)

Last Closing Price: 11.59 (2025-07-02)

Company Description

CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases. The Company is focused on developing its lead product Defencath (TM), a novel, antibacterial and antifungal solution designed to prevent costly and life-threatening bloodstream infections associated with the use of central venous catheters in patients undergoing chronic hemodialysis. Defencath has been designated by FDA as Fast Track and as a Qualified Infectious Disease Product, which provides an additional five years of marketing exclusivity, which will be added to the five years granted to a New Chemical Entity upon approval of the NDA. CorMedix also intends to develop Defencath as a catheter lock solution for use in oncology and total parenteral nutrition patients. It is leveraging its taurolidine technology to develop a pipeline of antimicrobial medical devices, with programs in surgical sutures and meshes, and topical hydrog

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $43.47M
Net Income (Most Recent Fiscal Year) $-17.93M
PE Ratio (Current Year Earnings Estimate) 12.28
PE Ratio (Trailing 12 Months) 53.59
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 9.69
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 6.96
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) --
Pre-Tax Margin (Trailing 12 Months) 20.81%
Net Margin (Trailing 12 Months) 20.81%
Return on Equity (Trailing 12 Months) 22.57%
Return on Assets (Trailing 12 Months) 17.02%
Current Ratio (Most Recent Fiscal Quarter) 4.21
Quick Ratio (Most Recent Fiscal Quarter) 3.99
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 0.62
Book Value per Share (Most Recent Fiscal Quarter) $1.40
Earnings per Share (Most Recent Fiscal Quarter) $0.30
Earnings per Share (Most Recent Fiscal Year) $-0.30
Diluted Earnings per Share (Trailing 12 Months) $0.22
Stock
Exchange NASDAQ
Sector Healthcare
Industry Biotechnology
Common Shares Outstanding 67.82M
Free Float 64.23M
Market Capitalization $799.65M
Average Volume (Last 20 Days) 2.44M
Beta (Past 60 Months) 1.58
Percentage Held By Insiders (Latest Annual Proxy Report) 5.30%
Percentage Held By Institutions (Latest 13F Reports) 34.18%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%