Flagship explainer

How CORMEDIX INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$312M · 100%Cost of revenue$22.1M · 7%Gross profit$276M · 88%Operating income$150M · 48%Income before tax$150M · 48%Income tax−$13M · −4%Net income$163M · 52%As of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$312M100%
Cost of revenue$22.1M7%
$276M88%
$150M48%
Income before tax$150M48%
Income tax−$13M−4%
$163M52%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full CORMEDIX INC. analysis at Buy Like Buffett