Lantheus Holdings (LNTH) FY2020 results: revenue $339 million, down 2.3% on the year
Lantheus Holdings, Inc. (LNTH) reported revenue of $339 million for fiscal 2020, the year ended 31 December 2020, down 2.3% on the year before. Net income was -$13 million, and diluted earnings per share $-0.25. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2021.
Revenue
$339 million
-2.3% on the year
FY2013FY2020
Operating margin
-1.2%
14.9% a year earlier
FY2013FY2020
Net income
-$13 million
FY2013FY2020
Diluted EPS
-$0.25
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
339
347
343
-2.3%
Cost of revenue
201
173
168
+16.3%
Gross profit
139
175
175
-20.6%
Gross margin
40.9%
50.3%
50.9%
Research and development
32.8
20.0
17.1
+63.8%
Operating income
-4.2
51.7
64.5
Operating margin
-1.2%
14.9%
18.8%
Interest expense
9.5
13.6
17.4
-30.4%
Pre-tax income
-11.5
28.6
49.5
Income tax
2.0
-3.0
9.0
Effective tax rate
n/a
-10.6%
18.2%
Net income
-13.5
31.7
40.5
Net margin
-4.0%
9.1%
11.8%
Diluted EPS
-$0.25
$0.79
$1.03
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
16.4
80.4
61.2
-79.6%
Capital expenditure
0.0
22.1
20.1
Free cash flow
16.4
58.3
41.1
-71.9%
Free cash flow margin
4.8%
16.8%
12.0%
Cash from investing
-4.9
-22.1
-19.1
Cash from financing
-21.9
-78.9
-4.7
Depreciation and amortisation
23.3
12.1
12.8
+92.4%
Share-based compensation
14.1
12.5
8.7
+12.7%
Buybacks
0.0
n/a
n/a
Diluted shares, weighted
54m
40m
40m
+35.0%
Shares outstanding at period end
67m
39m
38m
+70.4%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
514
115
71.0
+348.7%
Debt
218
194
266
+12.5%
Operating lease liabilities
17.5
0.8
n/a
+2,055.3%
Finance lease liabilities
0.2
0.2
n/a
+32.3%
Other liabilities
119
96.2
102
+24.1%
Total liabilities and equity
870
406
440
+114.3%
Fixed assets
120
116
108
+3.2%
Goodwill
58.6
15.7
15.7
+273.1%
Intangible assets
376
7.3
9.1
+5,025.6%
Cash and equivalents
79.6
92.9
113
-14.3%
Receivables
54.0
43.5
43.8
+24.1%
Inventory
35.7
29.2
33.0
+22.5%
Other assets
146
101
117
+44.6%
Total assets
870
406
440
+114.3%
10-K for the year ended 31 December 2020, filed 25 February 2021: the filing.