[NGM] LifeMD, Inc. (LFMD) +21.78% : Pre-market : LifeMD to Report Fourth Quarter 2024 Financial Results on March 10 (2025-03-11)

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LifeMD, Inc. (LFMD)


LFMD Chart as of 2025-03-11

LFMD Chart


Stock Information

CEO:
CFO:
Employees:
Address: 236 Fifth Avenue, New York, NY, United States
Country: United States
Website: https://lifemd.com
Listing Date:
Founded:
Founder:
Current Price: 5.2 USD
Today Change: 21.78%
Outstanding Shares: 42,190,900
Volume: 3,033,893
Avg Volume: 986,312
Expert Target Price: 11.7222
(Institutions: 0)
EPS:
PER:
Dividend Date: 2020-10-14
Last Split Date: 2020-10-14
Last Split Factor: 1:5

Key Executives

Name Title Pay Year
Mr. Justin Schreiber Chairman & CEO 533.8k
Mr. Marc Benathen Chief Financial Officer 608.73k
Mr. Stefan Galluppi Chief Innovation Officer 585.28k
Ms. Maria E. Stan CPA Chief Accounting Officer
Mr. Dennis Wijnker Chief Technology Officer
Mr. Eric H. Yecies Chief Legal Officer, General Counsel & Secretary 332k
Mr. Shane Biffar Chief Compliance Officer & Deputy General Counsel
Ms. Jessica Friedeman Chief Marketing Officer
Mr. Nicholas P. Alvarez Chief Acquisition Officer & Head of Customer Acquisition 141.11k
Mr. Varun Pathak Chief Software Engineer & Co-Founder of PDF Simpli

Financials

Income Statement

Metric Amount
Total Revenue 152,547,006
Cost Of Revenue 18,900,464
Gross Profit 133,646,542
Operating Income -14,489,273
Net Income -20,595,992

Balance Sheet

Metric Amount
Total Assets 58,480,709
Total Liabilities
Total Stockholder Equity

Cash Flow

Metric Amount
Total Cash From Operating Activities
Capital Expenditures

SEC Filings (Gemini Summaries)

AccNo Date Summary
0001493152-25-009690 2025-03-10 LifeMD, Inc. (LFMD) filed an 8-K report on March 10, 2025, announcing its financial results for Q4 and year-end 2024, and providing earnings guidance for 2025 (Exhibit 99.1).
0000912282-25-000265 2025-03-10 SEC Form 4 filing by Stefan Galluppi, Chief Innovation Officer of LifeMD, Inc. (LFMD), reports a transaction on 03/06/2025 involving Common Shares. 60,000 shares were acquired, resulting in 105,449 shares beneficially owned.
0000912282-25-000197 2025-02-26 Form 3: Initial statement of beneficial ownership for LifeMD, Inc. (LFMD) filed by Shane Biffar, Chief Compliance Officer, on 02/19/2025. Reports direct ownership of 150,000 common stock shares.
0000912282-25-000195 2025-02-21 Form 4 filing by Justin Schreiber (LifeMD CEO, Director) on 02/14/2025, reporting the disposition of 50,000 shares of common stock at $7.5524, leaving 2,653,715 shares beneficially owned. Transaction per Rule 10b5-1(c).
0001493152-25-001956 2025-01-13 LifeMD, Inc. filed an S-8 to register 450,000 common shares for issuance under its equity plan. The filing also includes a reoffer prospectus for 1,751,529 shares of common stock offered by selling stockholders (employees, officers, directors)

News Summary

LifeMD to Report Fourth Quarter 2024 Financial Results on March 10
2025-02-25 13:05:00 | GlobeNewswire
LifeMD, Inc. (Nasdaq: LFMD) announces that it will report financial results for the three and 12 months ended December 31, 2024. LifeMD is a leading provider of virtual primary care services.
Link

Brokerages Set LifeMD, Inc. (NASDAQ:LFMD) PT at $11.14
2025-02-15 07:12:50 | ETF Daily News
LifeMD, Inc. (NASDAQ:LFMD) has received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm. One equities research analyst has rated the stock with a hold recomme…
Link

LifeMD® Announces Entry Into the Behavioral Health Market
2025-02-24 13:05:00 | GlobeNewswire
Expansion to Include Teletherapy, Psychiatry and Medication Management Behavioral Health Offering to be Led by Industry Veteran Julian Cohen NEW…
Link



Analysis of Today’s Move

LifeMD’s stock likely rallied today due to a combination of positive factors. The upcoming Q4 2024 earnings report, scheduled for release on March 10th, generates anticipation. Investors often buy ahead of earnings, hoping for positive surprises. Brokerages also set an average price target of $11.14 for LFMD.

The “Moderate Buy” recommendation further fuels investor optimism. LifeMD’s recent expansion into the behavioral health market is also a significant catalyst. The launch of teletherapy, psychiatry, and medication management services promises growth. This expansion, led by industry veteran Julian Cohen, signals strategic diversification.

An SEC Form 4 filing, showcasing insider buying, boosts confidence. Stefan Galluppi, LifeMD’s Chief Innovation Officer, acquired 60,000 shares. This acquisition shows internal confidence in the company’s future prospects. Such a purchase often signals a belief in the stock’s undervaluation.

However, other SEC filings present a mixed picture. CEO Justin Schreiber sold 50,000 shares earlier in February. This sale, though under a pre-arranged 10b5-1 plan, could temper enthusiasm slightly. The S-8 filing revealing a reoffer prospectus might create dilution fears.

Despite the CEO’s sale and the share reoffer, the positive news outweighed the negative. The behavioral health expansion, brokerage targets, and insider buying likely drove the rally. Investors appear focused on the growth potential and earnings anticipation. Continued positive news flow will be crucial to sustain this momentum.


This stock has shown a change of 21.78% today.
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