What trends are visible in LGMK's past four quarters?
4/9/2025 01:32pm
LogicMark (LGMK) has shown a general downward trend in both revenue and net income over the past four quarters, with some fluctuations.
1. **Revenue Trend**: The revenue for LGMK has decreased from $2.71 million on Q3 2024, to $2.61 million on Q1 2025, then to $2.34 million on Q2 2025, and finally to $2.25 million on Q4 2025. This indicates a declining revenue pattern over the period.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|LGMK|LGMK.O|LogicMark|2024 Q1|-7.06953760823599|2611083|186|
|LGMK|LGMK.O|LogicMark|2024 Q2|0.3984967737360845|2336268|186|
|LGMK|LGMK.O|LogicMark|2024 Q3|14.288194583789387|2705461|186|
|LGMK|LGMK.O|LogicMark|2024 Q4|-7.276901531894649|2249174|186|
2. **Net Income Trend**: The net income for LGMK has been negative for all four quarters, with the losses increasing from $1.52 million on Q3 2024, to $1.74 million on Q1 2025, then to $2.04 million on Q2 2025, and finally to $3.7 million on Q4 2025. This suggests a worsening financial performance with significant net losses.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|LGMK|LGMK.O|LogicMark|2024 Q1|4.848593271987778|-1744543|186|
|LGMK|LGMK.O|LogicMark|2024 Q2|10.098550187840626|-2038857|186|
|LGMK|LGMK.O|LogicMark|2024 Q3|-5.145741431494881|-1518805|186|
|LGMK|LGMK.O|LogicMark|2024 Q4|58.89376504611866|-3701540|186|
In summary, LGMK has experienced a consistent decline in both revenue and net income over the past four quarters, with the net losses becoming increasingly larger.