Financial Survey: LogicMark (OTCMKTS:LGMKD) and InMode (NASDAQ:INMD)

InMode (NASDAQ:INMD) and LogicMark (OTCMKTS:LGMKD) are both small-cap healthcare companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.

Earnings and Valuation

This table compares InMode and LogicMark”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
InMode	$370.49 million	2.21	$93.83 million	$1.23	11.59
LogicMark	$9.90 million	0.10	-$9.00 million	($94.52)	-0.01

InMode has higher revenue and earnings than LogicMark. LogicMark is trading at a lower price-to-earnings ratio than InMode, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

68.0% of InMode shares are owned by institutional investors. Comparatively, 7.9% of LogicMark shares are owned by institutional investors. 6.9% of InMode shares are owned by insiders. Comparatively, 2.2% of LogicMark shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings for InMode and LogicMark, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
InMode	1	6	1	0	2.00
LogicMark	0	1	0	0	2.00

InMode presently has a consensus target price of $16.00, suggesting a potential upside of 12.20%. Given InMode’s higher possible upside, analysts clearly believe InMode is more favorable than LogicMark.

Risk & Volatility

InMode has a beta of 1.86, suggesting that its share price is 86% more volatile than the S&P 500. Comparatively, LogicMark has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500.

Profitability

This table compares InMode and LogicMark’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
InMode	20.69%	11.99%	10.60%
LogicMark	-90.21%	-57.08%	-44.90%

Summary

InMode beats LogicMark on 13 of the 13 factors compared between the two stocks.

About InMode

InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radiofrequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States and internationally. The company offers minimally invasive aesthetic medical products for various procedures, such as liposuction with simultaneous skin tightening, body and face contouring, and ablative skin rejuvenation treatments, as well as for use in women's health conditions and procedures. It also designs, develops, manufactures, and markets non-invasive medical aesthetic products that target an array of procedures, including permanent hair reduction, facial skin rejuvenation, wrinkle reduction, cellulite treatment, skin appearance and texture, and superficial benign vascular and pigmented lesions, as well as hands-free medical aesthetic products that target a range of procedures, such as skin tightening, fat reduction, and muscle stimulation. The company was formerly known as Invasix Ltd. and changed its name to InMode Ltd. in November 2017. InMode Ltd. was incorporated in 2008 and is headquartered in Yokneam, Israel.

About LogicMark

LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company’s devices provide people with the ability to receive care at home and age independently and to check, manage, and monitor a loved one’s health and safety remotely. It also manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through the United States Veterans Health Administration (VHA), direct-to-consumers, healthcare durable medical equipment dealers and distributors, monitored security dealers and distributors, and its ecommerce website logicmark.com and Amazon.com. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.