Lantheus Holdings (LNTH) FY2023 results: revenue $1.3 billion, up 38.6% on the year
Lantheus Holdings, Inc. (LNTH) reported revenue of $1.3 billion for fiscal 2023, the year ended 31 December 2023, up 38.6% on the year before. Net income was $327 million, up 1063.9%, and diluted earnings per share $4.65. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2024.
Revenue
$1.3 billion
+38.6% on the year
FY2016FY2023
Operating margin
28.1%
3.9% a year earlier
FY2016FY2023
Net income
$327 million
+1,063.9% on the year
FY2016FY2023
Diluted EPS
$4.65
+1,062.5% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
305
282
53.9
+8.3%
Capital expenditure
45.3
260
0.0
-82.6%
Free cash flow
260
21.8
53.9
+1,093.3%
Free cash flow margin
20.0%
2.3%
12.7%
Cash from investing
5.9
-277
3.7
Cash from financing
-13.1
312
-39.3
Depreciation and amortisation
60.0
47.9
42.3
+25.3%
Share-based compensation
50.5
29.3
15.9
+72.6%
Buybacks
0.0
75.0
0.0
Diluted shares, weighted
70m
71m
67m
-0.6%
Shares outstanding at period end
70m
69m
68m
+1.5%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
816
447
464
+82.5%
Debt
562
558
175
+0.6%
Operating lease liabilities
54.5
25.4
16.5
+114.0%
Finance lease liabilities
0.6
0.2
0.3
+170.6%
Other liabilities
219
290
208
-24.7%
Total liabilities and equity
1,651
1,321
864
+25.0%
Fixed assets
147
122
117
+20.1%
Goodwill
61.2
61.2
61.2
0.0%
Intangible assets
152
315
349
-51.8%
Cash and equivalents
714
416
98.5
+71.7%
Receivables
284
213
89.3
+33.2%
Inventory
64.0
35.5
35.1
+80.5%
Other assets
229
158
114
+45.0%
Total assets
1,651
1,321
864
+25.0%
10-K for the year ended 31 December 2023, filed 22 February 2024: the filing.