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 Growth | 8.9% |
Revenue growth rate | -10.5% |
Return on equity | -101.0% |
Net Margin | -154.2% |
Last Earnings Update | 30 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 08Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet
Dec 14LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry
Jul 21LogicMark stock gains on strong Q2 earnings
Aug 12Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth
Mar 04Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans
Nov 18Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?
Jul 19NXT-ID appoints Chia-Lin Simmons as CEO
Jun 17Nxt-ID prepays $3M of senior secured term loan facility
May 03A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)
Mar 29Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain
Mar 01Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load
Jan 29A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)
Dec 24Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?
Nov 19Revenue & Expenses Breakdown
How LogicMark makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 10 | -16 | 12 | 1 |
30 Jun 24 | 10 | -15 | 12 | 1 |
31 Mar 24 | 10 | -16 | 12 | 1 |
31 Dec 23 | 10 | -16 | 12 | 1 |
30 Sep 23 | 10 | -8 | 12 | 1 |
30 Jun 23 | 10 | -9 | 13 | 1 |
31 Mar 23 | 11 | -8 | 12 | 1 |
31 Dec 22 | 12 | -7 | 12 | 1 |
30 Sep 22 | 12 | -11 | 12 | 1 |
30 Jun 22 | 12 | -10 | 10 | 1 |
31 Mar 22 | 11 | -10 | 8 | 1 |
31 Dec 21 | 10 | -14 | 7 | 1 |
30 Sep 21 | 10 | -10 | 6 | 1 |
30 Jun 21 | 10 | -10 | 7 | 1 |
31 Mar 21 | 10 | -10 | 7 | 1 |
31 Dec 20 | 11 | -4 | 7 | 1 |
30 Sep 20 | 13 | -1 | 7 | 1 |
30 Jun 20 | 15 | 0 | 7 | 1 |
31 Mar 20 | 17 | -2 | 8 | 1 |
31 Dec 19 | 17 | -3 | 9 | 1 |
30 Sep 19 | 17 | -3 | 10 | 1 |
30 Jun 19 | 17 | -3 | 11 | 1 |
31 Mar 19 | 17 | -1 | 11 | 1 |
31 Dec 18 | 17 | -1 | 11 | 1 |
30 Sep 18 | 17 | -3 | 12 | 1 |
30 Jun 18 | 17 | -6 | 13 | 1 |
31 Mar 18 | 14 | -9 | 13 | 1 |
31 Dec 17 | 16 | -9 | 12 | 1 |
30 Sep 17 | 16 | -10 | 11 | 1 |
30 Jun 17 | 16 | -10 | 10 | 0 |
31 Mar 17 | 14 | -9 | 9 | 1 |
31 Dec 16 | 8 | -14 | 9 | 1 |
30 Sep 16 | 3 | -15 | 8 | 1 |
30 Jun 16 | 1 | -16 | 7 | 2 |
31 Mar 16 | 1 | -16 | 7 | 3 |
31 Dec 15 | 1 | -13 | 7 | 3 |
30 Sep 15 | 1 | -11 | 7 | 3 |
30 Jun 15 | 0 | -10 | 6 | 3 |
31 Mar 15 | 0 | -9 | 5 | 2 |
31 Dec 14 | 0 | -7 | 4 | 1 |
30 Sep 14 | 0 | -5 | 3 | 1 |
30 Jun 14 | 0 | -3 | 2 | 1 |
31 Mar 14 | 0 | -1 | 1 | 1 |
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
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 06:28 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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.
Analyst | Institution |
---|---|
Ashok Kumar | Aegis Capital Corporation |
Daniel Kurnos | Benchmark Company |
Michael Diana | Maxim Group |