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LogicMark, Inc. (quoted on the over-the-counter market under the symbol LGMK) ( LogicMark , the Company , we , us or our ) provides personal emergency response systems ( PERS ), health communications devices, and Internet of Things ( IoT ) technology that creates a connected care platform. The Company s devices provide people with the ability to receive care at home and age independently.
The business is unprofitable at the operating level (-69.14% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 15.4% YoY with margins expanding 8.3pp.
Negative free cash flow of -$5M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$12M
▲ +15.4% YoY
Net Income (TTM)
-$7M
▲ +17.1% YoY
Op. Margin
-58.44%
▲ +8.3pp YoY
ROIC
-31.78%
▲ +5.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$5M
▼ -19.9% YoY
Op. Cash Flow (TTM)
-$5M
▼ -18.9% YoY
Net Debt
-$7M
Net Cash Position
Cash & Equiv.
$8M
5Y CAGR: -0.0%
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