Lifemd, Inc. income statement
In fiscal 2025, Lifemd, Inc. reported revenue of $194m, up 25.3% on the year before, operating income of −$7.7m (a -4.0% margin) and net income of $14.4m, or $0.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 5 | 4 | 8 | 12 | 37 | 93 | 119 | 153 | 155 | 194 | 165 |
| Cost of revenue | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 3 | 9 | 18 | 19 | 19 | 21 | 28 | 23 |
| Gross profit | 0 | 1 | 1 | 1 | 3 | 3 | 6 | 10 | 28 | 75 | 100 | 134 | 133 | 166 | 142 |
| Research and development | — | — | — | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Selling and marketing | — | — | — | — | — | — | 5 | 9 | 39 | 83 | 78 | 76 | 70 | 86 | 86 |
| General and administrative | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 45 | 40 | 47 | 52 | 58 | 58 | 52 |
| Operating income | −1 | −1 | −1 | −0 | −1 | −1 | −2 | −3 | −58 | −54 | −43 | −14 | −20 | −8 | −24 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 1 | 3 | 2 | 1 | −0 |
| Income before tax | −0 | −0 | −0 | −0 | −1 | −1 | −2 | −4 | −60 | −61 | −45 | −17 | −23 | −10 | −25 |
| Income tax | — | — | — | — | — | — | −0 | −0 | 0 | 0 | 0 | 0 | 1 | 0 | — |
| Net income | −0 | −0 | −0 | −0 | −1 | −1 | −1 | −3 | −59 | −61 | −46 | −21 | −21 | 14 | 0 |
| Diluted EPS | −$0.01 | −$0.01 | −$0.01 | $0.00 | −$0.01 | −$0.01 | — | — | — | — | — | — | −$0.60 | $0.25 | $0.00 |
| Diluted shares (average) | 11m | 12m | 12m | 12m | 13m | 17m | 18m | 20m | 29m | 27m | 31m | 34m | 41m | 45m | 47m |
| EBITDA | −0 | −0 | −0 | −0 | — | — | — | — | — | −54 | −43 | −14 | −20 | −7 | −23 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 5 | 51 | 49 | 60 | 7 | 50 | 47 |
| Cost of revenue | 5 | 7 | 8 | 7 | 7 | 4 | 6 | 5 |
| Gross profit | 48 | −1 | 43 | 42 | 53 | 3 | 44 | 42 |
| Selling and marketing | 27 | −7 | 22 | 22 | 29 | −2 | 30 | 28 |
| General and administrative | 18 | 7 | 14 | 14 | 17 | 7 | 15 | 14 |
| Operating income | −4 | −6 | −1 | −2 | −2 | −6 | −9 | −7 |
| Interest expense | 1 | 1 | 0 | 1 | 0 | −0 | −0 | −0 |
| Income before tax | −5 | −7 | −2 | −3 | −3 | −6 | −9 | −7 |
| Income tax | 0 | 0 | — | — | 0 | −0 | — | — |
| Net income | −5 | −5 | −0 | −2 | −4 | 20 | −9 | −7 |
| Diluted EPS | −$0.13 | −$0.14 | −$0.02 | −$0.05 | — | — | −$0.20 | −$0.16 |
| EBITDA | −4 | −6 | −1 | −2 | −2 | −6 | −9 | −7 |
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