American Well vs Lifemd
American Well is the larger business, with $249m of revenue in fiscal 2025 against $194m for Lifemd (1.3 times as much). Lifemd grew faster (25.3% against -2.0%). Lifemd kept more of each dollar of sales as profit: a net margin of 7.4% against -38.4%.
| Latest fiscal year | American WellAMWL, 2025 | LifemdLFMD, 2025 |
|---|---|---|
| Revenue | $249m | $194m |
| Revenue growth | -2.0% | 25.3% |
| Net income | −$95.7m | $14.4m |
| Operating margin | — | -4.0% |
| Net margin | -38.4% | 7.4% |
| Return on equity | -35.4% | — |
| Free cash flow | −$66.0m | $6.4m |
| Cash | $182m | $36.8m |
| Total debt | $0 | $15.9m |
| Debt to equity | — | 68.7% |
| Dividend per share | — | — |
| Dividend yield | — | 2.8% |
| Share buybacks | $4,000 | $270,000 |
| Employees | 562 | 389 |
| Market value | $212m | $110m |
| Price vs our value range | — | — |
| Moat score | 12 (Weak) | 26 (Weak) |
| Insider trades, 12 months | 1 buys, 29 sales | 0 buys, 1 sales |