LFMDP
Income statement / Annual
Last year (2024), LifeMD, Inc.'s total revenue was $212.45 M,
an increase of 39.27% from the previous year.
In 2024, LifeMD, Inc.'s net income was -$18.88 M.
See LifeMD, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$212.45 M |
$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 |
| Cost of Revenue |
-$29.95 M
|
$18.90 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
|
| Gross Profit |
$242.40 M
|
$133.65 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
|
| Gross Profit Ratio |
1.14
|
0.88
|
0.84
|
0.81
|
0.76
|
0.74
|
0.76
|
0.71
|
0.63
|
0.8
|
| Research and Development Expenses |
$9.51 M
|
$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
|
| General & Administrative Expenses |
$72.66 M
|
$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
|
| Selling & Marketing Expenses |
$103.02 M
|
$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
|
| Selling, General & Administrative Expenses |
$175.68 M
|
$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
|
| Other Expenses |
$19.34 M
|
$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
|
| Operating Expenses |
$194.31 M
|
$148.46 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
|
| Cost And Expenses |
-$228.60 M
|
$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
|
| Interest Income |
$0.00
|
$0.00
|
$1.28 M
|
$3.02 M
|
$1.67 M
|
$761,150.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$2.18 M
|
$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
|
| Depreciation & Amortization |
$9.49 M
|
$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
|
| EBITDA |
-$6.65 M |
-$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 |
| EBITDA Ratio |
-0.03
|
-0.05
|
-0.33
|
-0.58
|
-1.54
|
-0.2
|
-0.22
|
-0.03
|
-0.22
|
-0.07
|
| Operating Income Ratio |
-0.08
|
-0.09
|
-0.33
|
-0.58
|
-1.55
|
-0.23
|
-0.25
|
-0.21
|
-0.22
|
-0.22
|
| Total Other Income/Expenses Net |
-$2.18 M
|
-$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
|
| Income Before Tax |
-$18.33 M
|
-$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
|
| Income Before Tax Ratio |
-0.09
|
-0.11
|
-0.38
|
-0.66
|
-1.62
|
-0.29
|
-0.18
|
-0.24
|
-0.23
|
-0.14
|
| Income Tax Expense |
$402,000.00
|
$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
|
| Net Income |
-$18.88 M
|
-$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
|
| Net Income Ratio |
-0.09
|
-0.14
|
-0.38
|
-0.66
|
-1.62
|
-0.28
|
-0.15
|
-0.24
|
-0.21
|
-0.05
|
| EPS |
-0.53 |
-0.7 |
-1.45 |
-2.27 |
-4.24 |
-0.36 |
-0.14 |
-0.14 |
-0.16 |
-0.0101 |
| EPS Diluted |
-0.53 |
-0.7 |
-1.45 |
-2.27 |
-4.24 |
-0.36 |
-0.14 |
-0.14 |
-0.16 |
-0.0097 |
| Weighted Average Shares Out |
$41.20 M
|
$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
|
| Weighted Average Shares Out Diluted |
$41.20 M
|
$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
|
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