Medifast, Inc. - Company Profile
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Medifast, Inc. - Overview
Brands
Corporate Events, Jason Enterprises, Jason Pharmaceuticals, Jason Properties, Medifast Franchise Systems, OPTAVIA, Seven Crondall Associates
Description
Medifast is a public company headquartered in Maryland with an estimated 634 employees. In the US, the company has a notable market share in at least two industries: Weight Loss Services, Online Weight Loss Services and Online Weight Loss Services. Their largest market share is in the Weight Loss Services industry, where they account for an estimated 29.5% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details
- Registered Name: Medifast, Inc.
- Company Type: Operating
- Exchange: NYSE
- Headquarters: 11445 Cronhill Drive, Owings Mills, MD 21117
- Website: https://medifastinc.com/
- Employees: 634
Medifast, Inc. - Operating Industries and Main Competitors
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81219a - Weight Loss Services
-
- Medifast, Inc. Market Share: x.x%
- Ww International, inc. Market Share: x.x%
- Nutri System Inc. Market Share: x.x%
-
OD5451 - Online Weight Loss Services
-
- Medifast, Inc. Market Share: x.x%
- Nutri System Inc. Market Share: x.x%
- Noom, Inc. Market Share: x.x%
- Ww International, inc. Market Share: x.x%
Medifast, Inc. - Products and Services
Weight Loss Services
Of the 4 core revenue-generating products and services in the Weight Loss Services industry, Medifast, Inc. offers:
- Digital subscriptions
- In-person consultation subscriptions
- Other fees
Online Weight Loss Services
Of the 2 core revenue-generating products and services in the Online Weight Loss Services industry, Medifast, Inc. offers:
- Prepared meal sales
- Weight management consultations and resources
Medifast, Inc. - SWOT Analysis
Strengths and weaknesses take into account internal factors, and are based on Medifast, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Weight Loss Services , Online Weight Loss Services industries
Strengths
Days Receivables: x.x%
Rank: 2 of 3 peers
Annual Turnover: x.x%
Rank: 2 of 3 peers
Weaknesses
Credit Risk: x.x%
Rank: 2 of 3 peers
Revenue per Employee: $xx
Rank: 2 of 3 peers
Opportunities
Threats
- AAAAA
- AAAAA
- AAAAA
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Medifast, Inc. - Financial Statements
Medifast, Inc. Income Statement
| BALANCE DATE | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 |
|---|---|---|---|---|---|---|
| Revenue | 501.0 | 713.7 | 934.8 | 1,526.1 | 1,598.6 | 1,072.1 |
| Cost of Revenue | ||||||
| Cost of Revenue, Non-Cash | ||||||
| Gross Profit | ||||||
| 00000 |
Medifast, Inc. Balance Sheet
| BALANCE DATE | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 |
|---|---|---|---|---|---|---|
| Cash and Equivalents | 81.4 | 77.0 | 163.7 | 104.2 | 87.7 | 94.4 |
| Short-Term Investments | ||||||
| Derivative Assets, Current | ||||||
| Restricted Cash and Investments | ||||||
| 00000 |
Medifast, Inc. Cash Flow
| BALANCE DATE | 12/31/2018 | 12/31/2019 | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 |
|---|---|---|---|---|---|---|
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A |
| Income (Loss) From Discontinued Operations | ||||||
| Depreciation, Depletion and Amortization | ||||||
| Amortization of Financing Costs and Discounts | ||||||
| 00000 |
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This profile on Medifast, Inc. includes:
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- Company Revenue and Employee Data
- Company Financial Statements
- Industry Market Share Breakdown
- Industry Competitor Matrix
- SWOT Analysis
- Products and Services
- Key Company Benchmarks
- Interconnected Competitor Profiles and Industry Reports
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