Landec Corporation

Landec Corporation (NASDAQ:LNDC) is a leading developer and marketer of innovative and proprietary products for healthy living applications in the food and biomedical markets that focuses on health and wellness solutions and applications within the packaged food and biomaterial markets. The Company has two proprietary polymer technology platforms: 1) Intelimer® polymers, and 2) hyaluronan (“HA”) biopolymers. The Company sells specialty packaged fresh-cut vegetables and whole produce to retailers, club stores and foodservice operators through its Apio, Inc. (“Apio”) subsidiary and sells HA-based biomaterials through its Lifecore Biomedical, Inc. (“Lifecore”) subsidiary. The Company’s polymer technologies, along with its customer relationships and brands, are the foundation, and a key differentiating advantage upon which Landec has built its business.
Type
Public
HQ
Menlo Park, US
Size (employees)
552 (est)
Website
landec.com
Landec Corporation is headquartered in Menlo Park, US

Landec Corporation Office Locations

Landec Corporation has offices in Menlo Park, Chaska, Guadalupe, Hanover and in 4 other locations
Menlo Park, US (HQ)
3603 Haven Ave
Bowling Green, US
12700 S Dixie Hwy
Rock Hill, US
Bryant Blvd
Rock Tavern, US
11 Stone Castle Rd
Vero Beach, US
9095 17th Pl
Hanover, US
26 Industrial Dr
Show all (8)

Landec Corporation Data and Metrics

Landec Corporation Financial Metrics

Landec Corporation's revenue was reported to be $541.1 m in FY, 2016 which is a 0% increase from the previous period.
USD

Revenue (FY, 2016)

541.1 m

Revenue growth (FY, 2015 - FY, 2016), %

0%

Gross profit (FY, 2016)

71 m

Gross profit margin (FY, 2016), %

13%

Net income (FY, 2016)

(11.4 m)

EBIT (FY, 2016)

(19.8 m)

Market capitalization (21-Jul-2017)

397.2 m

Cash (29-May-2016)

9.9 m

EV

442 m
Landec Corporation's current market capitalization is $397.2 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

476.8 m539.3 m541.1 m

Revenue growth, %

13%0%

Cost of goods sold

470.1 m

Gross profit

71 m

Gross profit Margin, %

13%

R&D expense

7.2 m

General and administrative expense

49.5 m

Operating expense total

90.7 m

EBIT

20.2 m18.5 m(19.8 m)

EBIT margin, %

4%3%(4%)

Interest expense

(2 m)

Interest income

71 k

Income tax expense

7.4 m

Net Income

19.3 m13.7 m(11.4 m)
USDFY, 2014FY, 2015FY, 2016

Cash

14.2 m14.1 m9.9 m

Accounts Receivable

44.4 m46.5 m13.1 m

Inventories

3.2 m5.3 m25.5 m

Current Assets

90.9 m93.2 m86.5 m

PP&E

74.1 m84.5 m120.9 m

Total Assets

313.6 m346.5 m343.5 m

Accounts Payable

32 m34.8 m30.9 m

Total Debt

34.4 m42.5 m54.7 m

Current Liabilities

48.4 m56.2 m56.5 m

Total Liabilities

131.1 m

Additional Paid-in Capital

131.5 m133.3 m137.2 m

Retained Earnings

71.6 m85.1 m73.5 m

Total Equity

204.8 m218.4 m210.7 m

Debt to Equity Ratio

0.2 x0.2 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x

Financial Leverage

1.5 x1.6 x1.6 x
USDFY, 2014FY, 2015FY, 2016

Net Income

19.3 m13.7 m(11.4 m)

Depreciation and Amortization

7.1 m7.1 m9.4 m

Accounts Receivable

(8 m)(1.8 m)73 k

Inventories

(32 k)(2.2 m)965 k

Accounts Payable

(50 k)2.8 m(4.1 m)

Cash From Operating Activities

21 m26.2 m21.8 m

Purchases of PP&E

(14.9 m)(17.5 m)(40.9 m)

Cash From Investing Activities

(13.3 m)(34.4 m)(41.6 m)

Cash From Financing Activities

(7.2 m)8.2 m15.6 m

Interest Paid

1.5 m2 m2 m
USDY, 2016

EV/EBIT

-22.3 x

EV/CFO

20.3 x

Revenue/Employee

980.3 k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x

Landec Corporation Operating Metrics

FY, 2016

Patents Issued

50

Landec Corporation Market Value History

Landec Corporation Revenue Breakdown

Landec Corporation Company Life and Culture

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