LogicMark
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. LogicMark's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 17% to $9,929,629. Profit margin reached -147%. Total operating expenses were $21,988,129.

Profit Margin

LogicMark, Inc. (NASDAQ:LGMK): Profit margin
2014 0 -7.07M
2015 616.85K -13.07M -2119.93%
2016 7.73M -12.75M -164.84%
2017 23.31M -8.26M -35.45%
2018 17.11M -7.08M -41.42%
2019 17.13M -2.36M -13.82%
2020 11.44M -2.86M -25.04%
2021 10.02M -11.70M -116.82%
2022 11.91M -6.92M -58.11%
2023 9.92M -14.55M -146.54%

LGMK Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
9.92M11.91M10.02M11.44M17.13M17.11M23.31M7.73M616.85K0
Cost of revenue
3.26M4.68M4.34M3.24M4.36M4.80M11.68M4.43M1.82M0
Gross profit
6.65M7.23M5.68M8.20M12.76M12.31M11.63M3.30M-1.20M0
Operating exp.
Research and development
982.68K1.24M765.65K1.10M1.20M761.72K1.66M888.18K2.72M1.41M
Selling and marketing
2.47M1.20M1.23M2.39M3.27M4.11M4.89M2.88M3.42M1.39M
Total operating expenses
21.98M14.13M8.70M8.78M10.19M11.72M15.27M10.01M9.71M5.24M
Operating income
-15.32M-6.90M-3.02M-586.07K2.57M587.48K-3.63M-6.71M-10.92M-5.24M
Other income (expenses), net
468.00K119.48K-8.47M-2.25M-5.27M1.08M-6.23M-2.57M-2.14M-1.82M
Income before tax
-14.86M-6.78M-11.50M-2.84M-2.70M-1.29M-9.87M-12.55M-13.07M-7.07M
Income tax expense
-309.84K137.95K204.26K24.88K-332.57K34.32K-1.61M196.03K4.30K843
Net income
-14.55M-6.92M-11.70M-2.86M-2.36M-7.08M-8.26M-12.75M-13.07M-7.07M
Earnings per share
Basic EPS
-11.66-14.47-37.12-17.58-16.49-57.73-129.02-413.24-964.73-619.45
Diluted EPS
-11.66-14.47-37.12-17.58-16.49-57.73-129.02-413.24-964.73-619.45
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