Koru Medical Systems vs Sanuwave Health
Koru Medical Systems and Sanuwave Health are similar in size: $41.1m and $44.1m of revenue in their latest fiscal years. Sanuwave Health grew faster (35.0% against 22.2%). Sanuwave Health kept more of each dollar of sales as profit: a net margin of 26.8% against -6.4%. Koru Medical Systems carries less debt relative to equity (0.0% against 1372.3%).
| Latest fiscal year | Koru Medical SystemsKRMD, 2025 | Sanuwave HealthSNWV, 2025 |
|---|---|---|
| Revenue | $41.1m | $44.1m |
| Revenue growth | 22.2% | 35.0% |
| Net income | −$2.6m | $11.8m |
| Operating margin | -7.2% | 11.2% |
| Net margin | -6.4% | 26.8% |
| Return on equity | -15.6% | — |
| Free cash flow | −$470,112 | $1.9m |
| Cash | $8.9m | $12.0m |
| Total debt | $0 | $22.2m |
| Debt to equity | 0.0% | 1372.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 73 | 55 |
| Market value | $143m | $51.4m |
| Price vs our value range | — | — |
| Moat score | 46 (Moderate) | 33 (Weak) |
| Insider trades, 12 months | 9 buys, 0 sales | 0 buys, 21 sales |