LifeMD: An Overlooked GLP-1 Beneficiary

Jun. 25, 2025 3:02 AM ETLifeMD, Inc. (LFMD) StockLFMD
John F. Coughlin
13 Followers

Summary

  • LifeMD has evolved through multiple rebrandings, now offering 24/7 virtual primary and urgent care access to patients.
  • The company operates RexMD, a men's telehealth platform, serving around 500,000 customers with specialty health products.
  • LifeMD owns a majority stake in WorkSimpli, which delivers high-margin, recurring revenue through digital workplace services like PDFSimpli and ResumeBuild.
  • WorkSimpli contributed $54 million in revenue and $7 million in adjusted EBITDA in FY 2024, strengthening LifeMD's financial profile.
Doctor explaining the medicine to patient over a telemedicine video call

Luis Alvarez

Company Description

LifeMD (NASDAQ:LFMD) is not your average company, in terms of corporate structure. The firm was started in 1994 as ImmuDyne and went public in 2001. In 2018, the company was rebranded as Conversion Labs and finally came to its current iteration

This article was written by

13 Followers
A longtime investor with a general interest in healthcare equities. I take a holistic investment approach that considers top-down and bottom-up valuation techniques. I find the more minute details of companies, including their capital structure and debt covenants, play an outsized role in equity valuation, a point that I consider in all my evaluations of public companies.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in LFMD over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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