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 11.2% of total industry revenue.

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

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%

To view all of Medifast, Inc.'s operating industries and competitors, see purchase options.

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

To view Medifast, Inc.'s full products and services, see purchase options.

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

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To view Medifast, Inc.'s full SWOT analysis, see purchase options.

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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

To view all financial data for Medifast, Inc., see purchase options.

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This profile on Medifast, Inc. includes:

Company Overview
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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