$LFMD LifeMD Q1 2021 Revenues on Track to Exceed $17 Million, up 295%, with Subscriptions Representing More than 80% of Total Revenue cmlviz.com/article.php?ar…
2/n
$LFMD
Subscriptions are expected to generate more than 80% of revenue in the quarter, compared to about 63% in the same year-ago period.
3/n
$LFMD
Given that 80% of revenue is recurring/subscription, this feels more like a technology company than anything else.
295% growth now on a $68M run rate, this company should do $100M in revenue in 2021.
I am long calls, call spreads, and short puts.
4/n
$LFMD Two covering analysts (not me), have revenue forecast for $70M for all of 2021.
The company is growing 295% yoy and is at a $68M run rate today.
This feels like an obvious beat for the year and substantially so.
We'll see...
5/n
$LFMD
And finally, the consensus estimate for 2022 revenue is $97M.
I think the company could hit that *this* year.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Total net revenue grew 58% YoY to $1,778 million;
Platform revenue increased 71% YoY to $1,268 million;
Gross profit was up 63% YoY to $808 million;
Roku added 14.3 million incremental active accounts in 2020 to reach 51.2 million at year end;
2/n
$ROKU
Streaming hours increased by 20.9 billion hours YoY to a record 58.7 billion;
Average Revenue Per User (ARPU) increased $5.62 YoY to $28.76 (trailing 12-month basis);
In 2020, 38% of all smart TVs sold in the U.S. were Roku TV models