LogicMark Historical Income Statement

LGMK Stock  USD 1.82  0.04  2.25%   
Historical analysis of LogicMark income statement accounts such as Selling And Marketing Expenses of 2.5 M can show how well LogicMark performed in making a profits. Evaluating LogicMark income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LogicMark's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining LogicMark latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LogicMark is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.

About LogicMark Income Statement Analysis

LogicMark Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to LogicMark shareholders. The income statement also shows LogicMark investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

LogicMark Income Statement Chart

At this time, LogicMark's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 491.4 K this year, although the value of Selling General Administrative will most likely fall to about 5.9 M.

Total Revenue

Total revenue comprises all receipts LogicMark generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LogicMark. It is also known as LogicMark overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from LogicMark operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of LogicMark is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from LogicMark's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LogicMark current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.At this time, LogicMark's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 491.4 K this year, although the value of Selling General Administrative will most likely fall to about 5.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.4M119.5K137.4K130.5K
Depreciation And Amortization791.0K828.1K944.6K665.3K

LogicMark income statement Correlations

0.660.930.750.950.930.92-0.160.010.330.120.840.76-0.4-0.12-0.45-0.52-0.660.00.41-0.42-0.390.27
0.660.510.790.750.630.60.20.20.350.270.850.27-0.16-0.02-0.16-0.730.04-0.3-0.320.230.18-0.25
0.930.510.70.830.780.96-0.4-0.30.45-0.190.790.84-0.6-0.09-0.65-0.38-0.640.190.56-0.52-0.410.34
0.750.790.70.770.70.79-0.22-0.140.67-0.060.770.65-0.460.06-0.54-0.58-0.21-0.21-0.010.05-0.060.12
0.950.750.830.770.970.830.00.180.280.290.890.67-0.24-0.04-0.29-0.62-0.55-0.150.25-0.25-0.340.13
0.930.630.780.70.970.750.080.30.170.40.740.62-0.11-0.08-0.19-0.47-0.67-0.230.27-0.27-0.380.16
0.920.60.960.790.830.75-0.46-0.320.52-0.210.830.87-0.640.05-0.67-0.56-0.510.140.49-0.4-0.30.43
-0.160.2-0.4-0.220.00.08-0.460.9-0.490.87-0.14-0.730.87-0.230.830.10.16-0.57-0.70.490.44-0.76
0.010.2-0.3-0.140.180.3-0.320.9-0.620.99-0.06-0.490.83-0.10.77-0.06-0.02-0.53-0.50.350.25-0.42
0.330.350.450.670.280.170.52-0.49-0.62-0.580.430.5-0.61-0.03-0.59-0.32-0.09-0.050.1-0.03-0.120.05
0.120.27-0.19-0.060.290.4-0.210.870.99-0.580.04-0.390.78-0.110.72-0.12-0.1-0.52-0.450.290.19-0.38
0.840.850.790.770.890.740.83-0.14-0.060.430.040.63-0.430.04-0.42-0.76-0.250.020.17-0.18-0.210.06
0.760.270.840.650.670.620.87-0.73-0.490.5-0.390.63-0.750.13-0.78-0.41-0.590.280.73-0.57-0.620.71
-0.4-0.16-0.6-0.46-0.24-0.11-0.640.870.83-0.610.78-0.43-0.750.130.960.230.21-0.45-0.550.550.42-0.56
-0.12-0.02-0.090.06-0.04-0.080.05-0.23-0.1-0.03-0.110.040.130.130.1-0.320.380.190.060.40.230.25
-0.45-0.16-0.65-0.54-0.29-0.19-0.670.830.77-0.590.72-0.42-0.780.960.10.130.27-0.48-0.530.540.39-0.55
-0.52-0.73-0.38-0.58-0.62-0.47-0.560.1-0.06-0.32-0.12-0.76-0.410.23-0.320.13-0.090.140.02-0.1-0.01-0.17
-0.660.04-0.64-0.21-0.55-0.67-0.510.16-0.02-0.09-0.1-0.25-0.590.210.380.27-0.09-0.07-0.680.730.74-0.38
0.0-0.30.19-0.21-0.15-0.230.14-0.57-0.53-0.05-0.520.020.28-0.450.19-0.480.14-0.070.59-0.58-0.30.38
0.41-0.320.56-0.010.250.270.49-0.7-0.50.1-0.450.170.73-0.550.06-0.530.02-0.680.59-0.84-0.770.73
-0.420.23-0.520.05-0.25-0.27-0.40.490.35-0.030.29-0.18-0.570.550.40.54-0.10.73-0.58-0.840.78-0.54
-0.390.18-0.41-0.06-0.34-0.38-0.30.440.25-0.120.19-0.21-0.620.420.230.39-0.010.74-0.3-0.770.78-0.48
0.27-0.250.340.120.130.160.43-0.76-0.420.05-0.380.060.71-0.560.25-0.55-0.17-0.380.380.73-0.54-0.48
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LogicMark Account Relationship Matchups

LogicMark income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization921.0K827.7K791.0K828.1K944.6K665.3K
Interest Expense3.0M2.3M1.4M119.5K137.4K130.5K
Selling General Administrative5.7M5.3M6.7M9.0M8.5M5.9M
Selling And Marketing Expenses3.3M2.4M1.2M1.2M2.5M2.5M
Total Revenue17.1M11.4M10.0M11.9M9.9M12.0M
Gross Profit12.8M8.2M5.7M7.2M6.7M7.3M
Other Operating Expenses14.6M12.0M13.0M18.8M25.3M14.7M
Operating Income2.6M(586.1K)(3.0M)(6.9M)(15.3M)(14.6M)
Ebit2.6M(586.1K)(3.0M)(6.9M)(7.6M)(7.2M)
Research Development1.2M1.1M765.7K1.2M982.7K1.2M
Ebitda3.5M241.6K(2.2M)(6.1M)(6.6M)(6.3M)
Cost Of Revenue4.4M3.2M4.3M4.7M3.3M4.7M
Total Operating Expenses10.2M8.8M8.7M14.1M22.0M23.1M
Income Before Tax(2.7M)(2.8M)(11.5M)(6.8M)(14.9M)(14.1M)
Total Other Income Expense Net(5.3M)(2.3M)(8.3M)119.5K468.0K491.4K
Net Income(2.4M)(2.9M)(11.7M)(6.9M)(14.6M)(13.8M)
Income Tax Expense(332.6K)24.9K204.3K138.0K(309.8K)(325.3K)
Net Income Applicable To Common Shares(11.9M)(3.7M)(14.0M)(7.3M)(6.5M)(6.9M)
Tax Provision(332.6K)24.9K204.3K138.0K158.6K166.6K
Net Interest Income(3.0M)(2.3M)(1.4M)119.5K211.7K222.2K
Net Income From Continuing Ops(2.4M)(2.9M)(11.7M)(6.9M)(8.0M)(8.4M)
Reconciled Depreciation835.9K827.7K791.0K803.7K853.5K669.0K

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When determining whether LogicMark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LogicMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Logicmark Stock. Highlighted below are key reports to facilitate an investment decision about Logicmark Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LogicMark. If investors know LogicMark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(206.75)
Revenue Per Share
5.212
Quarterly Revenue Growth
0.004
Return On Assets
(0.23)
Return On Equity
(0.80)
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LogicMark's market value can be influenced by many factors that don't directly affect LogicMark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LogicMark's value and its price as these two are different measures arrived at by different means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.