LogicMark Past Earnings Performance

Past criteria checks 0/6

LogicMark's earnings have been declining at an average annual rate of -30.4%, while the Medical Equipment industry saw earnings growing at 12% annually. Revenues have been declining at an average rate of 10.5% per year.

Key information

-30.4%

Earnings growth rate

65.7%

EPS growth rate

Medical Equipment Industry Growth8.9%
Revenue growth rate-10.5%
Return on equity-101.0%
Net Margin-154.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

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?

Revenue & Expenses Breakdown

How LogicMark makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:LGMK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2410-16121
30 Jun 2410-15121
31 Mar 2410-16121
31 Dec 2310-16121
30 Sep 2310-8121
30 Jun 2310-9131
31 Mar 2311-8121
31 Dec 2212-7121
30 Sep 2212-11121
30 Jun 2212-10101
31 Mar 2211-1081
31 Dec 2110-1471
30 Sep 2110-1061
30 Jun 2110-1071
31 Mar 2110-1071
31 Dec 2011-471
30 Sep 2013-171
30 Jun 2015071
31 Mar 2017-281
31 Dec 1917-391
30 Sep 1917-3101
30 Jun 1917-3111
31 Mar 1917-1111
31 Dec 1817-1111
30 Sep 1817-3121
30 Jun 1817-6131
31 Mar 1814-9131
31 Dec 1716-9121
30 Sep 1716-10111
30 Jun 1716-10100
31 Mar 1714-991
31 Dec 168-1491
30 Sep 163-1581
30 Jun 161-1672
31 Mar 161-1673
31 Dec 151-1373
30 Sep 151-1173
30 Jun 150-1063
31 Mar 150-952
31 Dec 140-741
30 Sep 140-531
30 Jun 140-321
31 Mar 140-111

Quality Earnings: LGMK is currently unprofitable.

Growing Profit Margin: LGMK is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LGMK is unprofitable, and losses have increased over the past 5 years at a rate of 30.4% per year.

Accelerating Growth: Unable to compare LGMK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LGMK is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (12.9%).


Return on Equity

High ROE: LGMK has a negative Return on Equity (-101.03%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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.

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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