Filing Flows › LifeMD (LFMD) › Q4 2024
LifeMD (LFMD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 11, 2025
LifeMD (LFMD) reported revenue of $63.1M for the fourth quarter 2024 (Q4 2024), +41% from a year earlier and +18% from the quarter before. Operating margin was 1.6%, net earnings $235K (0.4% of revenue).
LifeMD, Q4 2024: revenue $63.1M (+41% year over year), operating margin 1.6%, net earnings $235K, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $63.1M | +18% | +41% |
| Gross profit | $53.7M | +11% | +36% |
| Operating profit | $1.0M | — | — |
| Net earnings | $235K | — | — |
| Operating cash flow | $1.1M | -84% | -81% |
| Free cash flow | $875K | -86% | -84% |
What changed
Revenue was $63.1M in Q4 2024, up 41% year over year and up 18% from the previous quarter.
Gross margin was 85.1%, down 3.0 points from a year earlier. Operating profit was $1.0M, a 1.6% margin (up 6.5 points year over year). Operating expenses grew 26% against revenue growth of 41%. The fastest-growing cost line was General & admin (+38%). Net earnings were −$106K. The effective tax rate was 41.9%.
Operating cash flow was $1.1M (down 81% year over year), 457% of net income including minority interests. Non-cash charges added back $389K of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $198K left free cash flow of $875K.
Questions
What was LifeMD's revenue in the fourth quarter 2024?
LifeMD (LFMD) reported revenue of $63.1M for the fourth quarter 2024 (Q4 2024), +41% from a year earlier and +18% from the quarter before.
Was LifeMD profitable in the fourth quarter 2024?
Operating profit was $1.0M (1.6% of revenue) and net earnings $235K.
Source: LifeMD 10-K on SEC EDGAR.