Akorn is a rapidly growing pharmaceutical manufacturer with strong lines in hospital and ophthalmic markets, and many new products in development and awaiting FDA approval. we've been committed to serving our customers by providing an extensive line of affordable, safe and efficacious pharmaceuticals in the following markets: •Ophthalmics •Injectables •Specialty Therapeutics •Contract Manufacturing In anticipation of long-term, substantial growth, we offer challenging, attractive career opportunities along with competitive salaries and comprehensive benefits.
Type
Public
HQ
Lake Forest, US
Founded
1948
Size (employees)
2,261 (est)
Website
akorn.com
Akorn was founded in 1948 and is headquartered in Lake Forest, US

Akorn Office Locations

Akorn has offices in Lake Forest, Gurgaon, Ann Arbor, Los Angeles and in 1 other locations
Lake Forest, US (HQ)
300 1925 W Field Ct
Ann Arbor, US
275 2929 Plymouth Rd
Gurgaon, IN
DLF Cyber City 6th Floor, HVS International

Akorn Metrics

Akorn Financial Metrics

Revenue (2016)

$1.1 b

Revenue growth (2015-16), %

13%

Gross profit

$674.3 m

Gross profit margin (2016), %

60%

Net income (2016)

$184.2 m

Market capitalization (21-Mar-2017)

$2.8 b

Closing share price (21-Mar-2017)

$22.5

Cash (31-Dec-2016)

$200.8 m
Akorn's current market capitalization is $2.8 b.
Akorn's revenue was reported to be $1.1 b in FY, 2016 which is a 13.4% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$317.7 m$593.1 m$985.1 m$1.1 b

Revenue growth, %

87%66%13%

Cost of goods sold

$145.8 m$295.5 m$105.5 m$442.6 m

Gross profit

$171.9 m$297.6 m$879.5 m$674.3 m

Gross profit Margin, %

54%50%89%60%

Operating expense total

$83.7 m$200.9 m$301.4 m$346.7 m

EBIT

$88.2 m$96.7 m$294.6 m$327.6 m

EBIT margin, %

28%16%30%29%

Interest expense

$8.6 m$35.7 m$12.6 m$42.7 m

Pre tax profit

$82.9 m$59.1 m$49.5 m$271.3 m

Income tax expense

$30.5 m$23.3 m$16.7 m$87.1 m

Net Income

$52.4 m$35.3 m$150.8 m$184.2 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$34.2 m$70.7 m$346.3 m$200.8 m

Accounts Receivable

Inventories

$5.8 m$30.9 m$20 m$26 m

Current Assets

$168.9 m$494.3 m$751.2 m$685.8 m

PP&E

$82.1 m$143.8 m$179.6 m$238.4 m

Goodwill

$29.8 m$278.8 m$284.7 m$284.3 m

Total Assets

$431.8 m$1.9 b$2.1 b$2 b

Accounts Payable

$23 m$44.1 m$46 m$59.5 m

Current Liabilities

$61.2 m$134.2 m$231.5 m$175.6 m

Non-Current Liabilities

$110.4 m$1.4 b$1.3 b$979 m

Total Liabilities

$171.6 m$1.5 b$1.5 b$1.2 b

Retained Earnings

$15.4 m$50.7 m$180 m$319.3 m

Total Equity

$260.2 m$621.6 m$819.2 m

Financial Leverage

1.7 x3.4 x2.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$52.4 m$35.3 m$37.5 m$184.2 m

Depreciation and Amortization

$7.4 m$44.1 m$17.1 m$65.7 m

Accounts Receivable

($14 m)

Inventories

($3.8 m)($13 m)$2.9 m($6.5 m)

Accounts Payable

$2 m$11 m$7.9 m$6.1 m

Cash From Operating Activities

$57.3 m$30.9 m$45.3 m$167.8 m

Purchases of PP&E

($11.6 m)($29.6 m)($7.1 m)($74.9 m)

Cash From Investing Activities

($66.9 m)($966.5 m)($29.4 m)($72.9 m)

Cash From Financing Activities

$3.1 m$972.3 m$36.8 m($240.3 m)

Akorn Market Value History

Akorn Median Salaries

Source: 75 public H-1B filings from Akorn

Akorn Company Life

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