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Home›LFMD›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

LifeMD, Inc. (LFMD) financials

Income statement

LifeMD, Inc. (LFMD) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$5.24M$3.68M$42.5K$12.5M$37.3M$92.9M$119M$153M$155M$194M
Revenue growth—-29.7%-98.8%29227.5%199.1%149.0%28.2%28.2%1.5%25.3%
Gross profit$3.29M$2.66M$6.33M$9.94M$28.4M$74.9M$100M$134M$133M$166M
Gross margin62.9%72.4%14883.9%79.7%76.2%80.6%84.3%87.6%86.2%85.7%
Operating income-$1.17M-$1.23M-$2.06M-$2.89M-$57.8M-$54.3M-$43.4M-$14.5M-$20.4M-$7.67M
Operating margin-22.4%-33.4%-4836.3%-23.2%-155.0%-58.5%-36.5%-9.5%-13.2%-4.0%
Net income-$1.11M-$1.21M-$1.24M-$3.14M-$58.6M-$60.9M-$45.5M-$20.6M-$21.4M$14.4M
Net margin-21.1%-32.8%-2918.6%-25.2%-157.3%-65.6%-38.3%-13.5%-13.8%7.4%
EPS (diluted)-$0.03-$0.03——————-$0.60$0.25

Cash flow

LifeMD, Inc. (LFMD) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$408K-$817K-$906K$251K-$12.1M-$33.1M-$22.9M$8.82M$17.5M$8.28M
Capital expenditures—————$247K$367K$204K$1.46M$1.87M
Free cash flow—————-$33.3M-$23.3M$8.62M$16.0M$6.41M
Share buybacks—$76.6K———————$270K
Dividends paid—————$871K$3.11M$3.11M$3.11M$3.11M

Balance sheet

LifeMD, Inc. (LFMD) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$183K$141K$180K$1.11M$9.18M$41.3M$3.96M$33.1M$32.7M$36.8M
Total assets$790K$1.26M$2.62M$3.45M$13.4M$49.9M$25.7M$58.5M$76.1M$70.4M
Total liabilities—$641K$1.80M$4.58M$14.2M$24.1M$33.0M$52.9M$83.7M$47.3M
Shareholders' equity-$355K$882K$898K-$988K-$2.30M$22.7M-$11.4M$3.51M-$9.08M$23.2M
Retained earnings-$9.69M-$10.9M-$12.1M-$16.6M-$80.2M-$142M-$191M-$214M-$240M-$229M
Shares (wtd avg diluted)33.5M41.7M44.2M9.90M14.3M27.0M31.0M33.9M41.2M45.1M

Every figure is extracted from LifeMD, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is LifeMD, Inc.'s annual revenue?
LifeMD, Inc. (LFMD) reported $194M of revenue for fiscal year 2025 — up 25.3% from $155M in FY2024, per its annual report filed with the SEC.
Is LifeMD, Inc. profitable?
Yes — LFMD earned $14.4M of net income in FY2025, a 7.4% net margin, per SEC filings.
What is LifeMD, Inc.'s free cash flow?
$6.41M in FY2025 (operating cash flow $8.28M minus $1.87M of capital expenditures), from the SEC cash-flow statement.
Does LFMD pay a dividend?
Yes — LifeMD, Inc. paid $3.11M in cash dividends during FY2025, per its SEC cash-flow statement.
Full LFMD analysis — verdict, score & filings →Is LFMD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.