Lantheus Holdings (LNTH) FY2017 results: revenue $331 million, up 9.8% on the year
Lantheus Holdings, Inc. (LNTH) reported revenue of $331 million for fiscal 2017, the year ended 31 December 2017, up 9.8% on the year before. Net income was $123 million, up 361.0%, and diluted earnings per share $3.17. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2018.
Revenue
$331 million
+9.8% on the year
FY2013FY2017
Operating margin
15.6%
18.7% a year earlier
FY2013FY2017
Net income
$123 million
+361.0% on the year
FY2013FY2017
Diluted EPS
$3.17
+286.6% on the year
FY2013FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
331
302
293
+9.8%
Cost of revenue
169
164
158
+3.2%
Gross profit
162
138
136
+17.7%
Gross margin
48.9%
45.6%
46.2%
Research and development
18.1
12.2
14.4
+48.5%
Operating income
51.9
56.6
42.5
-8.4%
Operating margin
15.6%
18.7%
14.5%
Interest expense
18.4
26.6
38.7
-30.8%
Pre-tax income
39.6
28.3
-11.8
+40.1%
Income tax
-83.7
1.5
3.0
Effective tax rate
-211.3%
5.4%
n/a
Net income
123
26.8
-14.7
+361.0%
Net margin
37.2%
8.9%
-5.0%
Diluted EPS
$3.17
$0.82
-$0.60
+286.6%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
54.8
49.6
21.8
+10.3%
Capital expenditure
17.5
7.4
13.2
+137.1%
Free cash flow
37.2
42.2
8.6
-11.9%
Free cash flow margin
11.2%
14.0%
2.9%
Cash from investing
-16.3
3.3
-13.2
Cash from financing
-13.4
-30.2
1.0
Depreciation and amortisation
18.2
17.3
18.9
+5.0%
Share-based compensation
5.9
2.5
2.0
+134.9%
Diluted shares, weighted
39m
33m
24m
+19.1%
Shares outstanding at period end
38m
37m
30m
+2.7%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
23.3
-107
-185
Debt
268
278
354
-3.6%
Other liabilities
92.4
84.3
74.2
+9.6%
Total liabilities and equity
384
256
242
+50.0%
Fixed assets
93.0
94.2
95.7
-1.3%
Goodwill
15.7
15.7
15.7
0.0%
Intangible assets
11.8
15.1
20.5
-22.0%
Cash and equivalents
76.3
51.2
28.6
+49.1%
Receivables
40.3
36.8
37.3
+9.3%
Inventory
26.1
17.6
15.6
+47.8%
Other assets
121
25.2
29.0
+378.2%
Total assets
384
256
242
+50.0%
10-K for the year ended 31 December 2017, filed 26 February 2018: the filing.