Added to YB: 2024-08-01
Pitch date: 2024-07-30
LFMD [bullish]
LifeMD, Inc.
-64.55%
current return
Author Info
Company Info
LifeMD, Inc. operates as a direct-to-patient telehealth company, engages in the provision of patients access to virtual medical care and pharmacy services in the United States.
Market Cap
$147.0M
Pitch Price
$6.94
Price Target
35.00 (+1323%)
Dividend
N/A
EV/EBITDA
-7.32
P/E
-5.51
EV/Sales
0.67
Sector
Health Care Technology
Category
growth
My stock has fallen, and it can’t get up: LifeMD $LFMD
LFMD: Telehealth co w/ 235k clients, 43% rev growth proj 2024. Partnered w/ MED ($10M fee, $10M equity, $25M marketing). WorkSimpli asset (73% owned) valued ~$450M. Mgmt projects $20M profit 2025. Potential $1-1.5B mkt cap by 2027 (5x upside). Aligned mgmt incentives, buying stock. Risks: dilution, competition.
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