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LogicMark NasdaqCM:LGMK Stock Report

Last Price

US$1.58

Market Cap

US$2.9m

7D

-6.5%

1Y

-94.5%

Updated

22 Dec, 2024

Data

Company Financials +

LogicMark, Inc.

NasdaqCM:LGMK Stock Report

Market Cap: US$2.9m

LGMK Stock Overview

Provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. More details

LGMK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Earnings have declined by 30.4% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap ($3M)

Highly volatile share price over the past 3 months compared to the US market


My Notes

Capture your thoughts, links and company narrative

LogicMark, Inc. Competitors

Avinger

NasdaqCM:AVGR

US$1.5m

ReShape Lifesciences

NasdaqCM:RSLS

US$3.1m

Encision

OTCPK:ECIA

US$5.0m

Nuwellis

NasdaqCM:NUWE

US$3.7m

Price History & Performance

Summary of share price highs, lows and changes for LogicMark
Historical stock prices
Current Share PriceUS$1.58
52 Week HighUS$32.25
52 Week LowUS$1.41
Beta1.16
1 Month Change-22.93%
3 Month Change-58.99%
1 Year Change-94.50%
3 Year Change-99.92%
5 Year Change-99.93%
Change since IPO-100.00%

Recent News & Updates

Why Investors Shouldn't Be Surprised By LogicMark, Inc.'s (NASDAQ:LGMK) 31% Share Price Plunge

Dec 08
Why Investors Shouldn't Be Surprised By LogicMark, Inc.'s (NASDAQ:LGMK) 31% Share Price Plunge

Recent updates

Why Investors Shouldn't Be Surprised By LogicMark, Inc.'s (NASDAQ:LGMK) 31% Share Price Plunge

Dec 08
Why Investors Shouldn't Be Surprised By LogicMark, Inc.'s (NASDAQ:LGMK) 31% Share Price Plunge

Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

Dec 14
Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet

LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry

Jul 21
LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry

LogicMark stock gains on strong Q2 earnings

Aug 12

Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth

Mar 04
Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth

Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans

Nov 18
Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans

Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?

Jul 19
Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?

NXT-ID appoints Chia-Lin Simmons as CEO

Jun 17

Nxt-ID prepays $3M of senior secured term loan facility

May 03

A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Mar 29
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain

Mar 01
Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain

Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load

Jan 29
Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load

A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Dec 24
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)

Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?

Nov 19
Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?

Shareholder Returns

LGMKUS Medical EquipmentUS Market
7D-6.5%-1.5%-2.4%
1Y-94.5%10.0%23.4%

Return vs Industry: LGMK underperformed the US Medical Equipment industry which returned 10% over the past year.

Return vs Market: LGMK underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is LGMK's price volatile compared to industry and market?
LGMK volatility
LGMK Average Weekly Movement26.9%
Medical Equipment Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: LGMK's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: LGMK's weekly volatility has increased from 18% to 27% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200627Chia-Lin Simmonswww.logicmark.com

LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company’s devices provide people with the ability to receive care at home and age independently and to check, manage, and monitor a loved one’s health and safety remotely. It also manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through the United States Veterans Health Administration (VHA), direct-to-consumers, healthcare durable medical equipment dealers and distributors, monitored security dealers and distributors, and its ecommerce website logicmark.com and Amazon.com.

LogicMark, Inc. Fundamentals Summary

How do LogicMark's earnings and revenue compare to its market cap?
LGMK fundamental statistics
Market capUS$2.92m
Earnings (TTM)-US$15.54m
Revenue (TTM)US$10.08m

0.3x

P/S Ratio

-0.2x

P/E Ratio

Is LGMK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGMK income statement (TTM)
RevenueUS$10.08m
Cost of RevenueUS$3.35m
Gross ProfitUS$6.72m
Other ExpensesUS$22.26m
Earnings-US$15.54m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-8.40
Gross Margin66.72%
Net Profit Margin-154.16%
Debt/Equity Ratio0%

How did LGMK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LogicMark, Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashok KumarAegis Capital Corporation
Daniel KurnosBenchmark Company
Michael DianaMaxim Group