CoverageForm 410-K10-Q8-K13D13G13F

LFMD · Lifemd, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · LFMD

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$194.06M$212.45M$152.55M$119.03M$92.88M$37.29M
Cost of Revenue$27.71M$24.07M$18.90M$18.67M$18.00M$8.91M
Gross Profit$166.34M$188.39M$133.65M$100.37M$74.88M$28.39M
R&D------
SG&A$57.94M$72.66M$51.69M$46.96M$39.57M$42.21M
Total Operating Expenses$174.01M$204.53M$148.14M$143.81M$129.18M$86.21M
D&A$865.5K$488.0K$204.0K$161.9K$13.6K-
Operating Income($7.67M)($16.14M)($14.49M)($43.45M)($54.30M)($57.82M)
Interest Expense$1.36M$2.18M$2.60M$1.28M$3.02M$1.67M
Income Tax$45.7K$402.0K$428.0K$360.7K$7.7K$122.5K
Net Income$14.35M($18.88M)($20.60M)($45.54M)($60.90M)($58.65M)
EPS - Basic$0.25-----
EPS - Diluted$0.25-----

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$32.65M$35.00M$33.15M$3.96M$41.33M$9.18M
Accounts Receivable$9.31M$8.22M$5.28M$2.83M$980.1K$648.4K
Inventory$2.77M$2.80M$2.76M$3.70M$1.62M$1.26M
Accounts Payable$14.15M$16.01M$11.08M$10.11M$9.06M-
Current Assets$51.83M$48.73M$42.60M$11.31M$44.92M$12.06M
Total Assets$70.41M$72.46M$58.48M$25.67M$49.92M$13.05M
Current Liabilities$41.57M$60.26M$34.78M$31.37M$22.83M$13.49M
Long-term Debt------
Total Liabilities$47.25M$76.51M$52.91M$32.97M$24.10M$13.88M
Stockholders' Equity$23.16M($5.49M)$3.51M($11.40M)$22.74M($2.30M)
Retained Earnings($228.60M)($236.25M)($214.27M)($190.56M)($141.92M)($80.15M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$8.28M$17.51M$8.82M($22.94M)($33.09M)($12.13M)
Investing Cash Flow$6.91M($11.54M)($8.73M)($13.91M)($3.40M)($798.1K)
Financing Cash Flow($13.41M)($4.12M)$29.10M($528.2K)$68.64M$21.00M
CapEx$1.87M$1.49M$203.8K$366.6K$247.4K-
Free Cash Flow$6.41M$16.02M$8.62M($23.30M)($33.33M)-

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin85.7%88.7%87.6%84.3%80.6%76.1%
Operating margin-4.0%-7.6%-9.5%-36.5%-58.5%-155.0%
EBITDA margin-3.5%-7.4%-9.4%-36.4%-58.5%-
Net margin7.4%-8.9%-13.5%-38.3%-65.6%-157.3%
Free cash flow margin3.3%7.5%5.6%-19.6%-35.9%-
FCF / Net income0.45-0.85-0.420.510.55-
R&D / Revenue------
SG&A / Revenue29.9%34.2%33.9%39.5%42.6%113.2%
Effective tax rate0.3%-----
Return on assets20.4%-26.1%-35.2%-177.4%-122.0%-449.3%
Return on equity62.0%344.2%-587.6%399.6%-267.8%2547.8%
Return on invested capital------
Liquidity
Current ratio1.250.811.220.361.970.89
Quick ratio1.180.761.150.241.900.80
Cash ratio0.790.580.950.131.810.68
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage-5.6x-7.4x-5.6x-34.1x-18.0x-34.7x
Equity multiplier3.04-13.2116.68-2.252.20-5.67
Liabilities / Assets0.671.060.901.280.481.06
Efficiency
Asset turnover2.762.932.614.641.862.86
Inventory turnover9.998.606.855.0411.137.05
Days sales outstanding18d14d13d9d4d6d
Days inventory outstanding37d42d53d72d33d52d
Days payable outstanding186d243d214d198d184d-
Cash conversion cycle-132d-186d-148d-117d-147d-
Valuation
P / E13.6x-----
P / B6.6x-76.9x-4.6x-
P / S0.8x1.0x1.8x0.5x1.1x2.5x
EV / EBITDA------
Growth
Revenue growth (YoY)-8.7%39.3%28.2%28.2%149.0%199.1%
Revenue CAGR (3y)17.7%31.8%59.9%112.1%123.5%94.7%
Revenue CAGR (5y)39.1%76.3%78.9%88.1%77.7%98.2%
Gross profit growth (YoY)-11.7%41.0%33.2%34.0%163.8%208.6%
Operating income growth (YoY)52.5%-11.4%66.7%20.0%6.1%-1900.9%
Net income growth (YoY)-8.3%54.8%25.2%-3.8%-1769.4%
EPS growth (YoY)------
EPS CAGR (3y)------
EPS CAGR (5y)------
FCF growth (YoY)-60.0%86.0%-30.1%--
FCF CAGR (5y)------
Book value growth (YoY)------132.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$194.06M total
Telehealth Subscription Revenue$113.27M · 58.4%
Telehealth$80.79M · 41.6%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

-0.03
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Services-Offices & Clinics of Doctors of Medicine

CompanyRevenue (last FY)Net marginROE
HIMS$2.35B5.5%23.7%
TDOC$2.53B-7.9%-14.5%
TOI$502.73M-12.1%385.5%
CANO---
AIRS$151.82M-7.7%-13.3%

Comparing LifeMD against the 5 most active filers in the same SIC group.