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Lannett Company Inc (LCI)

Lannett Company Inc (LCI)
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Lannett Company manufactures and distributes high quality affordable generic medications that are the therapeutic equivalent of the brand-name pharmaceuticals. Their portfolio consists of numerous products across a wide range of therapeutic areas. Lannett believes that their ability to select viable products for development, efficiently develop such products, including obtaining any applicable regulatory approvals, vertically integrate themselves into certain specialty markets and achieve economies in production are all critical for their success in the generic pharmaceutical industry in which they operate. Lannett Company, Inc., continues to dedicate significant capital toward developing new products as they believe their success is linked to their ability to continually introduce new generic products into the marketplace.
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Sales 80,890 75,080 74,190 78,360 86,510
Sales Growth +7.74% +1.20% -5.32% -9.42% -14.79%
Net Income -36,310 -28,020 -93,300 -34,900 -81,090
Net Income Growth -29.59% +69.97% -167.34% +56.96% -262.98%
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Total Assets 438,360 467,300 484,440 572,310 594,940
Total Assets Growth -6.19% -3.54% -15.35% -3.80% -13.89%
Total Liabilities 750,630 744,860 735,500 731,620 721,100
Total Liabilities Growth +0.77% +1.27% +0.53% +1.46% -2.32%
(Values in U.S. Thousands) Dec, 2022 Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021
Operating Cash Flow -30,530 -11,310 -7,130 11,890 13,840
Operating Cash Flow Growth -169.94% -58.63% -159.97% -14.09% -19.63%
Net Cash Flow -32,000 -9,940 -5,430 12,820 5,350
Change in Net Cash Flow -221.93% -83.06% -142.36% +139.63% -55.56%
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