Core Insights - LifeMD, Inc. reported strong financial results for Q4 and the full year 2024, achieving record quarterly revenue and adjusted EBITDA, with significant growth in its telehealth services [2][3][5]. Financial Performance - Consolidated revenues increased by 43% year-over-year to 9.0 million, while telehealth adjusted EBITDA surged by 396% to 35 million in cash and positive full-year net cash flow [5][6]. Subscriber Growth - Telehealth active subscribers increased by 27% to approximately 275,000 at the end of Q4 2024 [6][8]. - WorkSimpli active subscribers grew by 3% to approximately 164,000 [6][8]. Future Guidance - For 2025, LifeMD expects consolidated revenue in the range of 275 million and consolidated adjusted EBITDA of 32 million [3][5][11]. Management Commentary - The CEO highlighted the growth of the weight management program and the upcoming Medicare launch as significant growth drivers [3][5]. - The company is focused on building a high-quality virtual care platform that is transparent, affordable, and accessible [3][5].
LifeMD Reports Fourth Quarter 2024 Results