Livent Corporation (LTHM) Income Statement Analysis

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Complete financial analysis of Livent Corporation (LTHM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Livent Corporation, a leading company in the Chemicals – Specialty industry within the Basic Materials sector.

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Livent Corporation (LTHM)

Industry: Chemicals - Specialty

Sector: Basic Materials

Website: https://livent.com

About Livent Corporation

Livent Corporation manufactures and sells performance lithium compounds primarily used in lithium-based batteries, specialty polymers, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and butyllithium, which is used in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in non-rechargeable batteries and the production of lightweight materials for aerospace applications. It also provides lithium phosphate, pharmaceutical-grade lithium carbonate, high purity lithium chloride, and specialty organics; and lithium carbonate and lithium chloride for use as feedstock in the process of producing performance lithium compounds. The company was incorporated in 2018 and is headquartered in Philadelphia, Pennsylvania.

Metric	2022	2021	2020	2019	2018	2017	2016
Revenue	813.20M	420.40M	288.20M	388.40M	442.50M	347.40M	264.10M
Cost of Revenue	417.50M	332.00M	251.40M	273.50M	236.80M	198.60M	175.80M
Gross Profit	395.70M	88.40M	36.80M	114.90M	205.70M	148.80M	88.30M
Gross Profit Ratio	48.66%	21.03%	12.77%	29.58%	46.49%	42.83%	33.43%
Research & Development	3.90M	3.00M	3.70M	3.30M	3.80M	3.10M	3.10M
General & Administrative	55.20M	2.00M	-1.10M	46.80M	46.10M	35.50M	25.20M
Selling & Marketing	55.20M	49.90M	44.60M	0.00	0.00	0.00	0.00
SG&A	55.20M	51.90M	43.50M	46.80M	46.10M	35.50M	25.20M
Other Expenses	700.00K	300.00K	-100.00K	12.50M	200.00K	-31.40M	-3.60M
Operating Expenses	59.80M	54.90M	47.20M	50.10M	49.90M	38.60M	28.30M
Cost & Expenses	476.60M	386.90M	298.60M	323.60M	286.70M	237.20M	204.10M
Interest Income	0.00	300.00K	300.00K	0.00	0.00	0.00	0.00
Interest Expense	328.40M	300.00K	3.70M	58.60M	153.20M	0.00	0.00
Depreciation & Amortization	27.70M	25.10M	25.00M	20.90M	17.80M	15.90M	14.80M
EBITDA	343.70M	28.00M	-10.90M	64.00M	158.40M	134.80M	75.80M
EBITDA Ratio	42.27%	6.66%	-3.78%	16.48%	35.80%	38.80%	28.70%
Operating Income	316.00M	2.90M	-35.90M	43.10M	165.10M	110.20M	60.00M
Operating Income Ratio	38.86%	0.69%	-12.46%	11.10%	37.31%	31.72%	22.72%
Total Other Income/Expenses	7.00M	-17.10M	-4.30M	-800.00K	-100.00K	-40.10M	-5.50M
Income Before Tax	335.40M	23.90M	-25.40M	57.80M	153.10M	70.10M	54.50M
Income Before Tax Ratio	41.24%	5.69%	-8.81%	14.88%	34.60%	20.18%	20.64%
Income Tax Expense	61.90M	23.30M	-6.50M	7.60M	27.00M	27.90M	7.40M
Net Income	273.50M	600.00K	-18.90M	50.20M	126.10M	42.20M	47.10M
Net Income Ratio	33.63%	0.14%	-6.56%	12.92%	28.50%	12.15%	17.83%
EPS	1.59	0.00	-0.13	0.34	0.99	0.29	0.33
EPS Diluted	1.36	0.00	-0.13	0.34	0.99	0.29	0.33
Weighted Avg Shares Out	201.10M	184.30M	146.20M	146.00M	127.70M	143.00M	143.00M
Weighted Avg Shares Out (Dil)	201.60M	184.30M	146.20M	146.40M	127.70M	143.00M	143.00M

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December 21, 2023investorplace.com

2024 might be the year for Russell 2000 stocks. 2023 marked solid returns as the index posted a 15% jump since January but paled in comparison to the S&P 500's 25% gain.

Livent Stockholders vote to approve the Transaction

December 19, 2023globenewswire.com

BRISBANE, Australia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Allkem Limited (ASX and TSX: AKE, “Allkem”) refers to the proposed merger of equals between Allkem and Livent Corporation (“Livent”), (“Transaction”).

Livent Set to Join S&P MidCap 400; NCR Voyix and Rush Enterprises to Join S&P SmallCap 600

December 19, 2023prnewswire.com

NEW YORK , Dec. 19, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2: S&P SmallCap 600...

Livent and Allkem Merger Wrapping Up

December 19, 2023barrons.com

Allkem said more than 70% of its shareholders voted to combine with Livent to make a top-four global lithium producer.

Livent: Undervalued With Significant Upside Potential

December 19, 2023seekingalpha.com

The strong share price decline is a result of the macro headwinds in the lithium sector. 50% decline over the past 12 months. Despite these challenges, Livent's fundamental outlook remains strong, with anticipated growth in the lithium sector and a...

Livent: Wonderful Company Fairly Valued

December 15, 2023seekingalpha.com

Livent Corporation is a lithium products company that trades below its IPO price and has exposure to the promising lithium industry. The company's financial performance has been impacted in recent quarters by cyclicality, but it continues to improve its strategic...

LIVENT INVESTS IN ILiAD TECHNOLOGIES TO STRENGTHEN LEADERSHIP IN DIRECT LITHIUM EXTRACTION PRODUCTION PROCESSES

December 14, 2023prnewswire.com

ILiAD to be Licensed and Deployed at Livent's Resource in Argentina SAN DIEGO , Dec. 14, 2023 /PRNewswire/ -- Today, ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) announced an agreement whereby Livent has acquired a minority stake in the parent company...