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Side-by-side financial comparison of CorMedix Inc. (CRMD) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $128.6M, roughly 1.6× CorMedix Inc.).

CorMedix Inc. is a commercial-stage biopharmaceutical company focused on developing and commercializing novel therapeutic products for the prevention and treatment of infectious, inflammatory and cardiorenal diseases. Its lead candidate targets catheter-related bloodstream infections, serving critical care and chronic dialysis patient populations primarily across North America and European markets.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

CRMD vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.6× larger
RAMP
$212.2M
$128.6M
CRMD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CRMD
CRMD
RAMP
RAMP
Revenue
$128.6M
$212.2M
Net Profit
$39.9M
Gross Margin
83.4%
71.9%
Operating Margin
46.0%
18.6%
Net Margin
18.8%
Revenue YoY
8.6%
Net Profit YoY
255.7%
EPS (diluted)
$0.20
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRMD
CRMD
RAMP
RAMP
Q4 25
$128.6M
$212.2M
Q3 25
$104.3M
$199.8M
Q2 25
$39.7M
$194.8M
Q1 25
$39.1M
$188.7M
Q4 24
$195.4M
Q3 24
$185.5M
Q2 24
$176.0M
Q1 24
$171.9M
Net Profit
CRMD
CRMD
RAMP
RAMP
Q4 25
$39.9M
Q3 25
$108.6M
$27.4M
Q2 25
$19.8M
$7.7M
Q1 25
$20.6M
$-6.3M
Q4 24
$11.2M
Q3 24
$1.7M
Q2 24
$-7.5M
Q1 24
$-5.4M
Gross Margin
CRMD
CRMD
RAMP
RAMP
Q4 25
83.4%
71.9%
Q3 25
89.3%
70.2%
Q2 25
95.3%
70.1%
Q1 25
95.9%
69.3%
Q4 24
71.9%
Q3 24
72.4%
Q2 24
70.6%
Q1 24
72.2%
Operating Margin
CRMD
CRMD
RAMP
RAMP
Q4 25
46.0%
18.6%
Q3 25
49.2%
10.7%
Q2 25
49.2%
3.7%
Q1 25
51.5%
-6.1%
Q4 24
7.5%
Q3 24
4.0%
Q2 24
-3.0%
Q1 24
-8.3%
Net Margin
CRMD
CRMD
RAMP
RAMP
Q4 25
18.8%
Q3 25
104.1%
13.7%
Q2 25
49.9%
4.0%
Q1 25
52.8%
-3.3%
Q4 24
5.7%
Q3 24
0.9%
Q2 24
-4.3%
Q1 24
-3.1%
EPS (diluted)
CRMD
CRMD
RAMP
RAMP
Q4 25
$0.20
$0.62
Q3 25
$1.26
$0.42
Q2 25
$0.28
$0.12
Q1 25
$0.30
$-0.10
Q4 24
$0.17
Q3 24
$0.03
Q2 24
$-0.11
Q1 24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRMD
CRMD
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$148.5M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.3M
$962.3M
Total Assets
$826.1M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRMD
CRMD
RAMP
RAMP
Q4 25
$148.5M
$403.4M
Q3 25
$55.7M
$376.9M
Q2 25
$190.7M
$371.1M
Q1 25
$77.5M
$420.8M
Q4 24
$384.3M
Q3 24
$348.4M
Q2 24
$342.7M
Q1 24
$368.9M
Stockholders' Equity
CRMD
CRMD
RAMP
RAMP
Q4 25
$405.3M
$962.3M
Q3 25
$374.1M
$943.8M
Q2 25
$220.6M
$947.8M
Q1 25
$114.9M
$948.9M
Q4 24
$957.7M
Q3 24
$932.1M
Q2 24
$951.9M
Q1 24
$949.1M
Total Assets
CRMD
CRMD
RAMP
RAMP
Q4 25
$826.1M
$1.3B
Q3 25
$750.9M
$1.2B
Q2 25
$252.6M
$1.2B
Q1 25
$149.6M
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRMD
CRMD
RAMP
RAMP
Operating Cash FlowLast quarter
$94.5M
Free Cash FlowOCF − Capex
$92.7M
FCF MarginFCF / Revenue
72.1%
Capex IntensityCapex / Revenue
1.3%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$172.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRMD
CRMD
RAMP
RAMP
Q4 25
$94.5M
Q3 25
$30.9M
$57.4M
Q2 25
$30.0M
$-15.8M
Q1 25
$19.7M
Q4 24
$45.1M
Q3 24
$55.6M
Q2 24
$-9.3M
Q1 24
Free Cash Flow
CRMD
CRMD
RAMP
RAMP
Q4 25
$92.7M
Q3 25
$30.4M
$56.8M
Q2 25
$30.0M
$-16.2M
Q1 25
$19.7M
Q4 24
$44.8M
Q3 24
$55.4M
Q2 24
$-9.6M
Q1 24
FCF Margin
CRMD
CRMD
RAMP
RAMP
Q4 25
72.1%
Q3 25
29.1%
28.4%
Q2 25
75.4%
-8.3%
Q1 25
50.5%
Q4 24
22.9%
Q3 24
29.8%
Q2 24
-5.4%
Q1 24
Capex Intensity
CRMD
CRMD
RAMP
RAMP
Q4 25
1.3%
0.1%
Q3 25
0.5%
0.3%
Q2 25
0.1%
0.2%
Q1 25
0.0%
0.2%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
1.0%
Cash Conversion
CRMD
CRMD
RAMP
RAMP
Q4 25
Q3 25
0.28×
2.09×
Q2 25
1.51×
-2.04×
Q1 25
0.96×
Q4 24
4.02×
Q3 24
32.10×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRMD
CRMD

Acquisition Of Melinta$52.9M41%
Melinta Portfolio$45.5M35%
Other$18.6M14%
Contract Revenue$7.4M6%
BARDA Agreement$4.2M3%

RAMP
RAMP

Segment breakdown not available.

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