NASDAQ$LFMD

LifeMD Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

LFMD Q1 2024 — $7.6M revenue

March 31, 2023, the Company redeemed 500 membership interest units in WorkSimpli and, as a result, the Company’s ownership interest. LifeMD Inc reported Q1 2024 results. Net income of $6.6M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $7.6M.
  • Net income: $6.6M.
  • Operating income: $449K.
  • Gross profit: $39.5M.

Headline financials

Total Revenue

$44.1M

Previous: $33.1M+33.3%
EPS

-$0.19

Previous: $0.06-416.7%
Capital Expenditures

-$176K

Previous: -$33.7K-421.7%
Free Cash Flow

-$6.94M

Previous: -$4.04M-71.8%
Net Income

-$6.77M

Previous: -$4.01M-68.9%
Operating Income

-$6.17M

Previous: -$2.85M-116.3%
Gross Profit

$39.5M

Previous: $28.9M+36.8%
Cash & Equivalents

$35.1M

Previous: $11.5M+204.7%
Total Assets

$61.5M

Previous: $33.9M+81.4%
R&D Expense

$2.09M

No prior period

Revenue & EPS history

LifeMD · Revenue · Quarterly

$44.1M

Q1 2024+33.3%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

LifeMD · $31.3M total across 1 segment · Q4 2023

  • Telehealth
    $31.3M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+2.3%

Avg return

Earnings day

+8.3%

Avg return

5 days after

+5.9%

Avg return

30 days after

48%

27 / 56 earnings

Positive

+39.3%

Q1 2013

Best reaction

-40.0%

Q3 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.7%-14.2%-4.9%
Q4 2025+25.3%+27.6%+9.0%
Q3 2025-13.6%-18.6%-31.5%
Q1 2025+3.6%+10.2%+63.9%
Q4 2024+30.7%+39.1%+16.6%
Q3 2024+15.6%+41.5%+10.3%
Q2 2024-9.8%-5.7%-17.3%
Q1 2024-24.9%-23.0%-39.1%
Q4 2023+4.8%+26.0%+23.2%
Q3 2023-5.4%-1.4%+16.5%
Q2 2023+16.8%+16.0%+16.5%
Q1 2023-3.8%+2.2%+36.1%
Q4 2022+23.9%+23.9%+45.3%
Q3 2022+23.4%+22.9%+23.4%
Q2 2022-1.0%-6.8%-12.3%
Q1 2022+2.6%+9.8%+22.2%
Q4 2021+1.2%+2.8%+11.8%
Q3 2021-4.0%-11.0%-13.9%
Q2 2021-14.9%-21.7%-17.5%
Q1 2021+27.6%+28.8%+95.6%
Q4 2020-16.9%-11.9%+3.6%
Q3 2020+12.7%+67.4%+39.5%
Q2 2020-5.7%-16.0%-28.6%
Q1 2020+3.1%-3.1%-3.1%
Q4 2019-4.5%-4.5%+27.3%
Q3 2019+0.0%+11.8%-17.6%
Q2 2019+0.0%+15.4%+7.7%
Q1 2019+13.3%+13.3%-20.0%
Q4 2018+6.7%+13.3%+0.0%
Q3 2018+0.0%-19.0%-19.0%
Q2 2018-7.4%-3.7%-7.4%
Q1 2018-4.0%-4.0%-24.0%
Q4 2017-7.1%+7.1%-7.1%
Q3 2017+4.8%+4.8%+7.1%
Q1 2017+9.7%+45.2%+22.6%
Q2 2017+9.7%+45.2%+22.6%
Q4 2016+8.1%+8.1%-18.9%
Q3 2016-3.8%+15.4%-11.5%
Q2 2016+0.0%-8.0%+4.0%
Q1 2016+15.4%
Q4 2015+11.1%
Q3 2015+0.0%
Q2 2015+30.0%
Q1 2015-33.3%
Q4 2014+0.0%
Q3 2014-40.0%
Q2 2014-25.0%
Q1 2014+17.6%
Q4 2013+4.2%
Q3 2013+8.0%
Q2 2013-10.0%
Q1 2013+39.3%
Q4 2012-7.7%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012+0.0%

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