lfmd: the income statement

MyFinsight

LifeMD, Inc. (LFMD)

For the quarter ending 2025-06-30, LFMD made $62,218,185 in revenue. -$2,851,436 in net income. Net profit margin of -4.58%.

Unit: Dollar

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenues, net	62,218,185	65,697,756	53,393,157	50,661,845
Work Simpli Revenue	592,201	-	-	-
Telehealth Revenue	6,838,703	-	-	-
Total cost of revenues	7,430,904	8,643,716	5,013,541	5,024,915
Gross profit	54,787,281	57,054,040	48,379,616	45,636,930
Selling and marketing expenses	29,125,097	29,194,061	26,611,672	26,378,928
Customer service expenses	3,230,735	3,071,494	2,804,210	2,733,418
Other operating expenses	3,028,762	2,514,758	2,112,169	1,906,175
General and administrative expenses	17,565,187	17,055,669	18,925,844	18,521,385
Development costs	2,744,272	2,675,134	2,611,833	2,402,590
Total expenses	55,694,053	54,511,116	53,065,728	51,942,496
Operating income (loss)	-906,772	2,542,924	-4,686,112	-6,305,566
Interest expense, net	663,027	626,275	558,597	531,468
Income (loss) from continuing operations before income taxes, noncontrolling interest	-	-	-5,244,709	-
Income tax expense (benefit)	-	-	232,523	-
Net (loss) income	-1,569,799	1,916,649	-5,477,232	-6,837,034
Net income attributable to non-controlling interest	505,075	531,845	-345,767	38,606
Net loss attributable to lifemd, inc	-2,074,874	1,384,804	-5,131,465	-6,875,640
Preferred stock dividends	776,562	776,563	776,563	776,562
Net loss attributable to lifemd, inc. common stockholders	-2,851,436	608,241	-5,908,028	-7,652,202

Basic	44,401,531	43,135,778	42,020,965	41,296,042
Diluted	44,401,531	45,580,311	42,020,965	41,296,042

Unit: Dollar