LifeMD, Inc. (LFMD)

LifeMD Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	212.45	152.55	119.03	92.88	37.29
Revenue Growth (YoY)	39.27%	28.16%	28.16%	149.04%	199.10%
Cost of Revenue	24.07	18.9	18.67	18	8.86
Gross Profit	188.39	133.65	100.37	74.88	28.43
Selling, General & Admin	187.1	136.64	131.23	124.96	84.74
Research & Development	9.51	6.06	2.97	0.95	0.45
Other Operating Expenses	7.92	5.44	5.85	3.27	1.07
Operating Expenses	204.53	148.14	140.05	129.18	86.25
Operating Income	-16.14	-14.49	-39.69	-54.3	-57.82
Interest Expense	-2.18	-2.6	-1.28	-3.02	-1.67
EBT Excluding Unusual Items	-18.33	-17.09	-40.96	-57.32	-59.49
Impairment of Goodwill	-	-	-8	-	-
Asset Writedown	-	-	-0.86	-	-
Other Unusual Items	-	-0.33	5.16	-4	-0.91
Pretax Income	-18.33	-17.41	-44.66	-61.32	-60.4
Income Tax Expense	0.4	0.43	0.36	0.01	0.12
Earnings From Continuing Operations	-18.73	-17.84	-45.02	-61.32	-60.52
Net Income to Company	-18.73	-17.84	-45.02	-61.32	-60.52
Minority Interest in Earnings	-0.15	-2.76	-0.51	0.43	1.88
Net Income	-18.88	-20.6	-45.54	-60.9	-58.65
Preferred Dividends & Other Adjustments	3.11	3.11	3.11	0.87	4.72
Net Income to Common	-21.99	-23.7	-48.64	-61.77	-63.36
Shares Outstanding (Basic)	41	34	31	27	14
Shares Outstanding (Diluted)	41	34	31	27	14
Shares Change (YoY)	21.50%	9.46%	14.69%	89.20%	44.23%
EPS (Basic)	-0.53	-0.70	-1.57	-2.29	-4.44
EPS (Diluted)	-0.53	-0.70	-1.57	-2.29	-4.44
Free Cash Flow	16.02	8.62	-23.3	-33.33	-12.13
Free Cash Flow Per Share	0.39	0.25	-0.75	-1.23	-0.85
Gross Margin	88.67%	87.61%	84.32%	80.62%	76.24%
Operating Margin	-7.60%	-9.50%	-33.34%	-58.47%	-155.04%
Profit Margin	-10.35%	-15.54%	-40.86%	-66.51%	-169.90%
Free Cash Flow Margin	7.54%	5.65%	-19.58%	-35.89%	-32.53%
EBITDA	-14.67	-13.31	-38.6	-53.95	-57.48
EBITDA Margin	-6.91%	-8.73%	-32.43%	-58.08%	-154.14%
D&A For EBITDA	1.47	1.18	1.09	0.36	0.34
EBIT	-16.14	-14.49	-39.69	-54.3	-57.82
EBIT Margin	-7.60%	-9.50%	-33.34%	-58.47%	-155.04%
Revenue as Reported	212.45	152.55	119.03	92.88	37.29

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q