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Logicmark Inc's Business Segments
Logicmark Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
2
Largest Segment
Product
Total Revenue
$ 3
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Product0%
- Subscription and Circulation15.2%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 6 | - |
| Subscription and Circulation | $ 1 | 15.2% |
Revenue by Product & Service Category - FY
- Product92.6%
- Subscription and Circulation7.4%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 3 | 92.6% |
| Subscription and Circulation | $ 0 | 7.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Product0%
- Subscription and Circulation15.2%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 6 | - |
| Subscription and Circulation | $ 1 | 15.2% |
Description of Logicmark Inc
LogicMark Inc is a leading provider of personal emergency response systems (PERS) designed to keep senior citizens and people with medical conditions safe and secure. The company was founded in 2006 and is headquartered in Fairfax, Virginia.
LogicMark offers a wide range of products that assist people in maintaining their independence and provides peace of mind to their loved ones. Their innovative emergency response systems utilize advanced technology to effectively monitor and respond to medical emergencies, falls, and other incidents. These systems are especially designed for individuals who want to remain independent in their own homes, but also want the security of immediate assistance in case of an emergency.
One of LogicMark's flagship products is the Guardian Alert 911, a wearable two-way voice communication device capable of connecting the user directly to a 911 emergency operator. It operates on a cellular network, ensuring nationwide coverage and rapid access to emergency assistance. The device is easy to use and can be worn either as a pendant or a wristband, offering flexibility and comfort to the user.
Another popular product offered by LogicMark is the FreedomAlert, a wireless emergency alert system that does not require any monthly monitoring fees. This system allows the user to program up to four emergency contacts into the unit, which can be family members, neighbors, or even 911. In case of an emergency, the user can simply press a button on the pendant to activate a two-way voice communication with their chosen emergency contact.
LogicMark also offers additional products and accessories such as extra pendants for multiple users, range extenders to increase coverage, and wall-mounted emergency communicators. These products allow for customization and cater to the unique needs of each individual.
In addition to their high-quality products, LogicMark also provides exceptional customer service. They have a team of knowledgeable professionals who are available to assist customers with any questions, concerns, or technical issues. The company also offers comprehensive product warranties to ensure customer satisfaction.
LogicMark is committed to the safety and well-being of their customers. Their personal emergency response systems have been trusted by thousands of individuals across the United States and have been proven to save lives. With their dedication to innovation, reliability, and customer service, LogicMark continues to be a leader in the personal emergency response industry.
LogicMark offers a wide range of products that assist people in maintaining their independence and provides peace of mind to their loved ones. Their innovative emergency response systems utilize advanced technology to effectively monitor and respond to medical emergencies, falls, and other incidents. These systems are especially designed for individuals who want to remain independent in their own homes, but also want the security of immediate assistance in case of an emergency.
One of LogicMark's flagship products is the Guardian Alert 911, a wearable two-way voice communication device capable of connecting the user directly to a 911 emergency operator. It operates on a cellular network, ensuring nationwide coverage and rapid access to emergency assistance. The device is easy to use and can be worn either as a pendant or a wristband, offering flexibility and comfort to the user.
Another popular product offered by LogicMark is the FreedomAlert, a wireless emergency alert system that does not require any monthly monitoring fees. This system allows the user to program up to four emergency contacts into the unit, which can be family members, neighbors, or even 911. In case of an emergency, the user can simply press a button on the pendant to activate a two-way voice communication with their chosen emergency contact.
LogicMark also offers additional products and accessories such as extra pendants for multiple users, range extenders to increase coverage, and wall-mounted emergency communicators. These products allow for customization and cater to the unique needs of each individual.
In addition to their high-quality products, LogicMark also provides exceptional customer service. They have a team of knowledgeable professionals who are available to assist customers with any questions, concerns, or technical issues. The company also offers comprehensive product warranties to ensure customer satisfaction.
LogicMark is committed to the safety and well-being of their customers. Their personal emergency response systems have been trusted by thousands of individuals across the United States and have been proven to save lives. With their dedication to innovation, reliability, and customer service, LogicMark continues to be a leader in the personal emergency response industry.
LogicMark Inc. a company known for its focus on enhancing the quality of life for the elderly and those with medical conditions, offers a variety of products and services designed to provide safety and peace of mind through advanced technology. Below is an extensive overview of the segments, products, and services offered by LogicMark:
Segments
1. Personal Emergency Response Systems (PERS)
- LogicMark primarily operates in the Personal Emergency Response Systems segment. These systems are designed to enable individuals to call for help when needed, particularly in emergency situations.
2. Wearable Technology
- This segment includes devices that can be worn by users as a proactive measure for safety, combining convenience with functionality to promote independent living.
3. Health Monitoring Systems
- LogicMark offers solutions that help in monitoring vital signs or other health-related metrics, providing both users and caregivers with essential health data.
4. Home Safety Products
- These products enhance safety within the home environment, designed for both users and caregivers to ensure better management of daily living challenges.
5. Telehealth Solutions
- With the growing need for remote healthcare, LogicMark’s telehealth offerings bridge the gap between patients and healthcare providers, facilitating remote monitoring and consultations.
6. Caregiver Management Solutions
- Focused on assisting caregivers, these solutions aim to streamline tasks, track patient health, and improve overall management of care responsibilities.
Products
1. Emergency Response Devices
- Wearable Pendants and Buttons: These are personal alert devices that allow users to summon help by pressing a button. They typically come in various styles, including pendant options for ease of wear.
- Mobile Alert Systems: These systems combine GPS technology with emergency response, allowing users to call for assistance regardless of their location.
2. Voice-Activated Systems
- Devices that enable users to summon help or communicate with caregivers verbally, representing a crucial advancement in accessible technology for those with limited mobility.
3. Fall Detection Devices
- These are advanced tools that automatically detect falls and alert caregivers or emergency services without the user having to press a button.
4. Health Management Apps
- Mobile applications that allow users to track their health metrics, medication schedules, and appointments, enhancing self-management and communication with caregivers.
5. Home Automation Devices
- Integrative systems that can be used to enhance safety at home, including smart lights, door sensors, and cameras, aimed at creating a more monitorable living environment.
Services
1. Installation and Setup
- LogicMark often provides comprehensive installation services for their devices, ensuring that customers can swiftly and effectively set up their emergency response systems.
2. Customer Support
- Ongoing support services are available to assist customers with the usage of devices, troubleshooting, and any inquiries related to their products.
3. Monitoring Services
- LogicMark offers monitoring services that connect users with trained operators who can quickly respond to alerts, providing a 24/7 safety net.
4. Training Programs
- Training sessions for users and caregivers are available to maximize the effectiveness of the devices and ensure that everyone is comfortable using the technology.
5. Consultation and Assessment Services
- Professional consultations are offered to assess individual needs and tailor solutions accordingly, ensuring that users receive the most appropriate products and services.
Conclusion
In summary, LogicMark Inc. provides a wide array of products and services focused on safety, health monitoring, and enhancing the overall well-being of users. Their emphasis on technology integration allows them to be at the forefront of the personal emergency response and home safety market, catering to the needs of elderly individuals, those with medical conditions, and their caregivers. The companys commitment to innovation and quality service positions it as a leader in creating solutions that foster independence and peace of mind.
Segments
1. Personal Emergency Response Systems (PERS)
- LogicMark primarily operates in the Personal Emergency Response Systems segment. These systems are designed to enable individuals to call for help when needed, particularly in emergency situations.
2. Wearable Technology
- This segment includes devices that can be worn by users as a proactive measure for safety, combining convenience with functionality to promote independent living.
3. Health Monitoring Systems
- LogicMark offers solutions that help in monitoring vital signs or other health-related metrics, providing both users and caregivers with essential health data.
4. Home Safety Products
- These products enhance safety within the home environment, designed for both users and caregivers to ensure better management of daily living challenges.
5. Telehealth Solutions
- With the growing need for remote healthcare, LogicMark’s telehealth offerings bridge the gap between patients and healthcare providers, facilitating remote monitoring and consultations.
6. Caregiver Management Solutions
- Focused on assisting caregivers, these solutions aim to streamline tasks, track patient health, and improve overall management of care responsibilities.
Products
1. Emergency Response Devices
- Wearable Pendants and Buttons: These are personal alert devices that allow users to summon help by pressing a button. They typically come in various styles, including pendant options for ease of wear.
- Mobile Alert Systems: These systems combine GPS technology with emergency response, allowing users to call for assistance regardless of their location.
2. Voice-Activated Systems
- Devices that enable users to summon help or communicate with caregivers verbally, representing a crucial advancement in accessible technology for those with limited mobility.
3. Fall Detection Devices
- These are advanced tools that automatically detect falls and alert caregivers or emergency services without the user having to press a button.
4. Health Management Apps
- Mobile applications that allow users to track their health metrics, medication schedules, and appointments, enhancing self-management and communication with caregivers.
5. Home Automation Devices
- Integrative systems that can be used to enhance safety at home, including smart lights, door sensors, and cameras, aimed at creating a more monitorable living environment.
Services
1. Installation and Setup
- LogicMark often provides comprehensive installation services for their devices, ensuring that customers can swiftly and effectively set up their emergency response systems.
2. Customer Support
- Ongoing support services are available to assist customers with the usage of devices, troubleshooting, and any inquiries related to their products.
3. Monitoring Services
- LogicMark offers monitoring services that connect users with trained operators who can quickly respond to alerts, providing a 24/7 safety net.
4. Training Programs
- Training sessions for users and caregivers are available to maximize the effectiveness of the devices and ensure that everyone is comfortable using the technology.
5. Consultation and Assessment Services
- Professional consultations are offered to assess individual needs and tailor solutions accordingly, ensuring that users receive the most appropriate products and services.
Conclusion
In summary, LogicMark Inc. provides a wide array of products and services focused on safety, health monitoring, and enhancing the overall well-being of users. Their emphasis on technology integration allows them to be at the forefront of the personal emergency response and home safety market, catering to the needs of elderly individuals, those with medical conditions, and their caregivers. The companys commitment to innovation and quality service positions it as a leader in creating solutions that foster independence and peace of mind.