What are the key takeaways from LFMD's latest earnings?
4/12/2025 12:11am
LifeMD's latest earnings report highlights several key takeaways:
1. **Strong Financial Performance**: LifeMD reported adjusted earnings per share (EPS) of $0.21 for the fourth quarter, surpassing analyst expectations by $0.26. Revenue for the quarter was $64.3 million, marking a 43% year-over-year increase and exceeding consensus estimates.
2. **Growth Drivers**: The company's telehealth revenue experienced a significant surge, growing 60% year-over-year to $49.9 million. This growth was fueled by a 27% increase in telehealth active subscribers, reaching approximately 275,000. LifeMD's weight management program was particularly notable, contributing to the overall growth.
3. **Positive Outlook for 2025**: LifeMD provided robust guidance for the upcoming year, projecting total revenue between $265 million and $275 million for 2025, which surpasses analyst expectations. The company also anticipates continued growth in profitability, with adjusted EBITDA expected to be between $30 million and $32 million.
4. **Cash Position and Net Cash Flow**: LifeMD ended 2024 with over $35 million in cash and generated positive full-year net cash flow, indicating a strong financial position and liquidity.
Overall, LifeMD's latest earnings report reflects a company that is not only growing rapidly but also exceeding market expectations in terms of revenue and profitability. The company's focus on its core telehealth services, particularly weight management, and its strategic initiatives, such as the launch of a Medicare offering, are expected to drive further growth in the coming years.