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Logicmark Inc   (LGMK)
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Price: $1.1200 $-0.02 -1.754%
Day's High: $1.2 Week Perf: -5.88 %
Day's Low: $ 1.11 30 Day Perf: 14.29 %
Volume (M): 103 52 Wk High: $ 3.97
Volume (M$): $ 115 52 Wk Avg: $1.75
Open: $1.14 52 Wk Low: $0.12



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) 10
 Net Income (TTM) (Millions $) -8
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 2

Logicmark Inc
LogicMark Inc. is a company that specializes in the development and manufacturing of medical alarm systems and emergency response solutions. The company is based in the United States and was founded in 2006. LogicMark's products are designed to provide personal emergency response capabilities, allowing individuals to access help quickly and easily in case of an emergency or medical situation. Their alarm systems include features such as automatic fall detection, GPS tracking, and two-way communication. LogicMark focuses on creating innovative and reliable solutions to enhance the safety and well-being of individuals, particularly the elderly or those with medical conditions.


   Company Address: 2801 Diode Lane Louisville 40299 KY
   Company Phone Number: 442-7911   Stock Exchange / Ticker: NASDAQ LGMK
   LGMK is expected to report next financial results on March 27, 2024.


   

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Product Service News

Unlocking Independence and Peace of Mind: LogicMark Unveils Aster, the Revolutionary Personal Safety App

Published Wed, Jan 17 2024 2:00 PM UTC

LogicMark Unveils Aster, the Personal Safety App Ushering in a New Era of Independence, Freedom, and Peace of MindLogicMark, a leading provider of personal safety solutions, has announced the launch of their latest innovation ?? Aster. This powerful personal safety software app is set to revolutionize the way individuals ensure their own security and gain a sense of indepen...

Product Service News

LogicMark Introduces Freedom Alert Mini: Enhancing Independence and Flexibility in Mobile Medical Alert Solutions

Published Wed, Dec 20 2023 8:30 PM UTC

In a world where technology is rapidly advancing, LogicMark, a leading provider of personal emergency response systems (PERS), continues to innovate and meet the changing needs of our aging population. With the recent launch of their most anticipated device, the Freedom Alert Mini, LogicMark aims to offer increased independence and flexibility for seniors and individuals wit...

Logicmark Inc

Breaking News: Leading Company Shocks Markets with Major Revenue Decline in Latest Fiscal Period



Logicmark Inc's financial results for the third quarter of 2023 have showcased a mixed bag of performance indicators. With diminishing returns, declining revenues, notable inventory buildup, and a decline in accounts receivable, the company faces several challenges. This article aims to interpret these financial results and explore how they might impact Logicmark Inc's future.
Diminishing Returns and Improved Earnings Per Share:
Logicmark Inc faced a significant setback in terms of diminishing returns, with a per share loss of $1.10 compared to $0.23 in the previous year. However, there is a silver lining in the form of improved earnings per share, which increased from $1.83 to -$1.10. This improvement suggests that the company is taking measures to mitigate losses and has a potentially stronger bottom line.

Logicmark Inc

Logicmark Inc Battles Back: Despite -30.902% Revenue Deterioration, Second Quarter Shows Signs of Recovery

Despite facing weak orders in the second quarter of 2023, Logicmark Inc, a prominent player in the Medical Equipment & Supplies sector, managed to improve its losses compared to the previous year. Although revenue decreased by approximately 30.902% to $2.33 million from $3.37 million, it is important to note the positive trend of a revenue gain in the second quarter, demonstrating the company's resilience and determination to bounce back.
Contrasting with the first quarter, where revenue fell by 17.18% from $2.81 million, the second quarter showed promising signs of recovery. Furthermore, earnings per share also experienced improvement, climbing from $-1.92 to $-1.83 per share. While it is true that Logicmark Inc realized a net deficit of $-2.268 million in the most recent fiscal period, which is larger than the previous year's $-1.112 million, it is crucial to consider the challenges faced due to the seasonal nature of the business.

Logicmark Inc

Logicmark Inc Faces Challenging First Quarter with Declining Demand and Negative Financial Performance in 2023

As an investor in the stock market, it is important to analyze the financial performance of the companies we invest in and make informed decisions. In this regard, the recent financial results of Logicmark Inc suggest a cautious approach when considering investments in this company.
Logicmark Inc recorded a cumulative net loss of $-7 million during the 12 months ending in the first quarter 2023, resulting in a negative return on equity (ROE) of -32.24%. This is a concerning indication of the financial health of the company.






 

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