See more : Naked Wines plc (MJWNY) Income Statement Analysis – Financial Results
Complete financial analysis of LogicMark, Inc. (LGMK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of LogicMark, Inc., a leading company in the Security & Protection Services industry within the Industrials sector.
You may be interested
- Alpha Pro Tech, Ltd. (APT) Income Statement Analysis – Financial Results
- Micro Silicon Electronics Co., Ltd. (8162.TW) Income Statement Analysis – Financial Results
- Cury Construtora e Incorporadora S.A. (CURY3.SA) Income Statement Analysis – Financial Results
- Marico Limited (MARICO.BO) Income Statement Analysis – Financial Results
- Sato Sangyo Co., Ltd. (3450.T) Income Statement Analysis – Financial Results
LogicMark, Inc. (LGMK)
About LogicMark, Inc.
LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company, through its subsidiary, LogicMark LLC, manufactures and distributes non-monitored and monitored personal emergency response systems sold through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.93M | 11.92M | 10.02M | 11.44M | 17.14M | 17.12M | 23.32M | 7.74M | 616.85K | 0.00 | 0.00 | 251.38K |
| Cost of Revenue | 3.27M | 4.69M | 4.34M | 3.24M | 4.37M | 4.80M | 11.69M | 4.43M | 1.82M | 0.00 | 0.00 | 48.46K |
| Gross Profit | 6.66M | 7.23M | 5.68M | 8.20M | 12.77M | 12.31M | 11.63M | 3.30M | -1.21M | 0.00 | 0.00 | 202.92K |
| Gross Profit Ratio | 67.07% | 60.68% | 56.68% | 71.67% | 74.51% | 71.93% | 49.88% | 42.67% | -195.67% | 0.00% | 0.00% | 80.72% |
| Research & Development | 982.68K | 1.24M | 765.66K | 1.11M | 1.21M | 761.72K | 1.67M | 888.19K | 2.73M | 1.42M | 518.61K | 114.27K |
| General & Administrative | 8.48M | 9.04M | 6.70M | 5.28M | 5.70M | 6.85M | 8.70M | 6.24M | 3.57M | 2.43M | 835.16K | 220.12K |
| Selling & Marketing | 2.48M | 1.20M | 1.24M | 2.40M | 3.28M | 4.11M | 4.90M | 2.88M | 3.42M | 1.40M | 81.32K | 62.50K |
| SG&A | 10.96M | 10.24M | 7.94M | 7.68M | 8.98M | 10.96M | 13.60M | 9.12M | 6.99M | 3.83M | 916.49K | 282.62K |
| Other Expenses | 10.05M | 2.66M | 179.39K | 0.00 | 85.11K | 1.50M | 1.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 21.99M | 14.14M | 8.71M | 8.79M | 10.19M | 11.73M | 15.27M | 10.01M | 9.72M | 5.25M | 1.44M | 396.89K |
| Cost & Expenses | 25.26M | 18.82M | 13.05M | 12.03M | 14.56M | 16.53M | 26.96M | 14.45M | 11.54M | 5.25M | 1.44M | 445.34K |
| Interest Income | 221.87K | 119.48K | 1.42M | 2.25M | 3.02M | 0.00 | 0.00 | 23.00 | 727.00 | 1.24K | 0.00 | 0.00 |
| Interest Expense | 0.00 | 119.48K | 1.42M | 2.25M | 3.02M | 2.97M | 7.74M | 3.28M | 1.25M | 30.74K | 35.46K | 247.00 |
| Depreciation & Amortization | 944.60K | 828.14K | 791.02K | 827.66K | 835.91K | 905.75K | 921.48K | 579.24K | 183.20K | 12.47K | 585.00 | 99.00 |
| EBITDA | -6.65M | -6.10M | -2.24M | 241.58K | 3.41M | 1.49M | 229.92K | -8.70M | -11.64M | -5.23M | -1.43M | -193.87K |
| EBITDA Ratio | -66.93% | -51.01% | -22.31% | 2.11% | 20.42% | 17.48% | -3.76% | -79.25% | -1,741.15% | 0.00% | 0.00% | -77.12% |
| Operating Income | -15.33M | -6.91M | -3.03M | -586.08K | 2.58M | 587.49K | -3.64M | -6.71M | -10.92M | -5.25M | -1.44M | -193.97K |
| Operating Income Ratio | -154.37% | -57.96% | -30.20% | -5.12% | 15.04% | 3.43% | -15.61% | -86.73% | -1,770.97% | 0.00% | 0.00% | -77.16% |
| Total Other Income/Expenses | 468.01K | 119.48K | -8.30M | -2.25M | -5.28M | -1.88M | -6.24M | -5.85M | -2.15M | -1.83M | -109.44K | -247.00 |
| Income Before Tax | -14.86M | -6.79M | -11.50M | -2.84M | -2.70M | -1.29M | -9.88M | -12.56M | -13.07M | -7.08M | -1.54M | -194.22K |
| Income Before Tax Ratio | -149.66% | -56.95% | -114.78% | -24.82% | -15.76% | -7.56% | -42.36% | -162.31% | -2,119.23% | 0.00% | 0.00% | -77.26% |
| Income Tax Expense | -309.85K | 137.96K | 204.27K | 24.89K | -332.57K | 34.32K | -1.61M | 196.04K | 4.31K | 843.00 | 35.46K | 0.00 |
| Net Income | -14.55M | -6.92M | -11.71M | -2.86M | -2.37M | -7.09M | -8.26M | -12.75M | -13.08M | -7.08M | -1.54M | -194.22K |
| Net Income Ratio | -146.54% | -58.11% | -116.82% | -25.04% | -13.82% | -41.42% | -35.45% | -164.84% | -2,119.93% | 0.00% | 0.00% | -77.26% |
| EPS | -11.66 | -14.47 | -37.12 | -17.58 | -16.49 | -57.73 | -129.02 | -413.24 | -964.73 | -619.45 | -144.30 | -19.23 |
| EPS Diluted | -11.66 | -14.47 | -37.12 | -17.58 | -16.49 | -57.73 | -129.02 | -413.24 | -964.73 | -619.45 | -144.30 | -19.23 |
| Weighted Avg Shares Out | 1.35M | 478.70K | 315.40K | 162.95K | 143.59K | 122.81K | 64.06K | 30.86K | 13.56K | 11.42K | 10.70K | 10.10K |
| Weighted Avg Shares Out (Dil) | 1.35M | 478.70K | 315.40K | 162.95K | 143.59K | 122.81K | 64.06K | 30.86K | 13.56K | 11.42K | 10.70K | 10.10K |
LogicMark Launches Revolutionary Medical Alert Device, Freedom Alert Max, Offering Cellular Communication Technology and 24/7 Assistance
LOUISVILLE, Ky., Nov. 19, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK) (the “Company”), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced the launch of Freedom Alert Max...
LogicMark, Inc. Announces Reverse Stock Splits
LOUISVILLE, Ky., Nov. 15, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK) (the “Company”), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that the Company's board of directors has...
LogicMark, Inc. (LGMK) Q3 2024 Earnings Call Transcript
LogicMark, Inc. (NASDAQ:LGMK ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Chia-Lin Simmons - Chief Executive Officer Mark Archer - Chief Financial Officer Conference Call Participants Marla Marin - Zacks Small Cap Research Operator...
LogicMark Partners with Black Knight Medical to Expand Government Sales and Access to Life-Saving Medical Alert Devices for Veterans Nationwide
The collaboration will also allow LogicMark to support Black Knight Medical, a Service-Disabled Veteran-Owned Small Business, in building and growing its business nationally The collaboration will also allow LogicMark to support Black Knight Medical, a Service-Disabled Veteran-Owned Small Business, in building and...
LogicMark, Inc. Announces Adoption of Shareholder Rights Agreement
LOUISVILLE, Ky., Nov. 01, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), (“LogicMark” or the “Company”), a provider of personal safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced that it...
LogicMark, Inc. to Announce Third Quarter 2024 Financial Results on November 12, 2024
LOUISVILLE, Ky., Oct. 31, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ: LGMK), a provider of emergency response systems, health communications devices, and technology for the growing personal safety and care economy, will issue a press release announcing its financial results...
LogicMark, Inc. (LGMK) Q2 2024 Earnings Call Transcript
LogicMark, Inc. (NASDAQ:LGMK ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Chia-Lin Simmons - Chief Executive Officer Mark Archer - Chief Financial Officer Conference Call Participants Marla Marin - Zacks Operator Good afternoon, and...
LogicMark, Inc. Announces Second Quarter 2024 Financial Results; Expansion Strategy into Personal Safety Markets Continues
LOUISVILLE, Ky., Aug. 13, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal safety, personal emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced financial results for the quarter...
LogicMark, Inc. Announces Closing of $4.5 Million Public Offering Priced At-The-Market
LOUISVILLE, Ky., Aug. 05, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the closing of its public offering priced at-the-market.
LogicMark, Inc. Announces Pricing of $4.5 Million Public Offering Priced At-The-Market
Special Stockholder Meeting Also Announced to be Held on October 1, 2024 Special Stockholder Meeting Also Announced to be Held on October 1, 2024
Source: https://incomestatements.info
Category: Stock Reports