LFMD
Income statement / Annual
Last year (2023), LifeMD, Inc.'s total revenue was $152.55 M,
an increase of 28.15% from the previous year.
In 2023, LifeMD, Inc.'s net income was -$20.60 M.
See LifeMD, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$152.55 M
|
$119.03 M
|
$92.88 M
|
$37.29 M
|
$12.47 M
|
$8.32 M
|
$5.05 M
|
$5.24 M
|
$1.22 M
|
$714,158.00
|
| Cost of Revenue |
$26.53 M |
$18.67 M |
$18.00 M |
$8.91 M |
$3.27 M |
$1.97 M |
$1.48 M |
$1.95 M |
$247,772.00 |
$172,850.00 |
| Gross Profit |
$126.01 M |
$100.37 M |
$74.88 M |
$28.39 M |
$9.20 M |
$6.36 M |
$3.57 M |
$3.29 M |
$971,090.00 |
$541,308.00 |
| Gross Profit Ratio |
0.83 |
0.84 |
0.81 |
0.76 |
0.74 |
0.76 |
0.71 |
0.63 |
0.8 |
0.76 |
| Research and Development
Expenses |
$6.06 M
|
$2.97 M
|
$778,772.00
|
$446,749.00
|
$222,877.00
|
$120,541.00
|
$0.00
|
$0.00
|
$23,925.00
|
$0.00
|
| General & Administrative
Expenses |
$51.69 M
|
$46.96 M
|
$39.57 M
|
$42.21 M
|
$2.40 M
|
$3.33 M
|
$2.98 M
|
$2.76 M
|
$978,721.00
|
$1.07 M
|
| Selling & Marketing
Expenses |
$76.45 M
|
$78.37 M
|
$82.54 M
|
$41.67 M
|
$8.17 M
|
$5.08 M
|
$1.66 M
|
$1.71 M
|
$230,661.00
|
$57,248.00
|
| Selling, General &
Administrative Expenses |
$128.15 M
|
$125.33 M
|
$122.11 M
|
$83.88 M
|
$10.57 M
|
$8.41 M
|
$4.64 M
|
$4.47 M
|
$1.21 M
|
$1.07 M
|
| Other Expenses |
$13.93 M |
$11.75 M |
$6.29 M |
$1.88 M |
$1.30 M |
-$516,980.00 |
$215,128.00 |
$0.00 |
$0.00 |
$57,877.00 |
| Operating Expenses |
$148.14 M |
$140.05 M |
$129.18 M |
$86.21 M |
$12.09 M |
$8.41 M |
$4.64 M |
$4.47 M |
$1.23 M |
$1.07 M |
| Cost And Expenses |
$167.04 M |
$158.72 M |
$147.18 M |
$95.11 M |
$15.36 M |
$10.38 M |
$6.12 M |
$6.41 M |
$1.48 M |
$1.25 M |
| Interest Income |
$0.00 |
$1.28 M |
$3.02 M |
$1.67 M |
$761,150.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$2.60 M |
$1.28 M |
$3.02 M |
$1.67 M |
$761,150.00 |
$354,388.00 |
$100,523.00 |
$48,611.00 |
$37,476.00 |
$4,683.00 |
| Depreciation &
Amortization |
$6.60 M
|
$3.77 M
|
$868,757.00
|
$397,765.00
|
$335,613.00
|
$195,775.00
|
$1.23 M
|
$43,748.00
|
$43,748.00
|
$56,975.00
|
| EBITDA |
-$8.21 M
|
-$39.61 M
|
-$53.95 M
|
-$57.48 M
|
-$2.55 M
|
-$1.86 M
|
-$138,427.00
|
-$1.17 M
|
-$91,209.00
|
-$416,024.00
|
| EBITDA Ratio |
-0.05 |
-0.27 |
-0.53 |
-1.55 |
-0.2 |
-0.11 |
-0.21 |
-0.22 |
-0.18 |
-0.66 |
| Operating Income Ratio
|
-0.09
|
-0.33
|
-0.58
|
-1.55
|
-0.23
|
-0.25
|
-0.21
|
-0.22
|
-0.22
|
-0.74
|
| Total Other
Income/Expenses Net |
-$2.92 M
|
-$4.97 M
|
-$7.02 M
|
-$2.58 M
|
-$761,150.00
|
-$354,388.00
|
-$150,915.00
|
-$48,611.00
|
$89,785.00
|
$53,194.00
|
| Income Before Tax |
-$17.41 M |
-$44.66 M |
-$61.32 M |
-$60.40 M |
-$3.65 M |
-$1.48 M |
-$1.22 M |
-$1.22 M |
-$172,432.00 |
-$477,685.00 |
| Income Before Tax Ratio
|
-0.11
|
-0.38
|
-0.66
|
-1.62
|
-0.29
|
-0.18
|
-0.24
|
-0.23
|
-0.14
|
-0.67
|
| Income Tax Expense |
$428,000.00 |
$360,700.00 |
$7,700.00 |
$122,500.00 |
-$122,500.00 |
-$124,700.00 |
-$12,488.00 |
-$115,749.00 |
-$13,200.00 |
-$17,200.00 |
| Net Income |
-$20.60 M |
-$45.02 M |
-$61.32 M |
-$60.52 M |
-$3.53 M |
-$1.24 M |
-$1.21 M |
-$1.11 M |
-$61,992.00 |
-$460,485.00 |
| Net Income Ratio |
-0.14 |
-0.38 |
-0.66 |
-1.62 |
-0.28 |
-0.15 |
-0.24 |
-0.21 |
-0.05 |
-0.64 |
| EPS |
-0.7 |
-1.45 |
-2.27 |
-4.24 |
-0.36 |
-0.14 |
-0.14 |
-0.16 |
-0.0101 |
-0.0758 |
| EPS Diluted |
-0.7 |
-1.45 |
-2.27 |
-4.24 |
-0.36 |
-0.14 |
-0.14 |
-0.16 |
-0.0097 |
-0.0749 |
| Weighted Average Shares
Out |
$33.91 M
|
$30.98 M
|
$27.01 M
|
$14.28 M
|
$9.90 M
|
$8.84 M
|
$8.80 M
|
$7.05 M
|
$6.16 M
|
$6.07 M
|
| Weighted Average Shares
Out Diluted |
$33.91 M
|
$30.98 M
|
$27.01 M
|
$14.28 M
|
$9.90 M
|
$9.05 M
|
$8.80 M
|
$7.05 M
|
$6.40 M
|
$6.15 M
|
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