Lifeway Foods

The Lifeway Foods story begins in 1986 with kefir, a milk-based cultured drink that is popular in Eastern Europe and is said to be more nutritional than yogurt. That year, Russian immigrant Michael Smolyansky began manufacturing kefir in his basement to bring the taste of his native country to the U.S. After Michael Smolyansky passed away in 2002, his daughter Julie Smolyansky assumed the role of President, while his son Edward Smolyansky assumed the role of Chief Financial Officer and Treasurer. Today, Lifeway is the country’s leading manufacturer of kefir, with multiple flavors and varieties that include lowfat, whole milk and organic versions as well as a children’s line, and a provider of other probiotic natural and organic dairy products for health-conscious consumers.

Company Growth (employees)
Type
Public
HQ
Morton Grove, US
Founded
1986
Size (employees)
370 (est)
Lifeway Foods was founded in 1986 and is headquartered in Morton Grove, US

Lifeway Foods Office Locations

Lifeway Foods has an office in Morton Grove
Morton Grove, US (HQ)
6431 Oakton St

Lifeway Foods Data and Metrics

Lifeway Foods Financial Metrics

Lifeway Foods's revenue was reported to be $123.9 m in FY, 2016 which is a 4% increase from the previous period.
$, USD

Revenue (FY, 2016)

123.9 m

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

4%

Gross profit (FY, 2016)

37.4 m

Gross profit margin (FY, 2016), %

30%

Net income (FY, 2016)

3.5 m

EBIT (FY, 2016)

6.1 m

Market capitalization (22-Jun-2017)

152.2 m

Closing share price (22-Jun-2017)

9.5

Cash (31-Dec-2016)

8.8 m

EV

150.5 m
Lifeway Foods's current market capitalization is $152.2 m.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

97.5 m119 m118.6 m123.9 m

Revenue growth, %

22%(0%)4%

Cost of goods sold

87.6 m84.6 m86.5 m

Gross profit

31.4 m34 m37.4 m

Gross profit Margin, %

26%29%30%

Sales and marketing expense

14.5 m12.8 m14.5 m

General and administrative expense

9.4 m13.7 m13.8 m

Operating expense total

19.6 m24.6 m27.2 m28.9 m

EBIT

8 m4.2 m4.4 m6.1 m

EBIT margin, %

8%4%4%5%

Interest expense

(276.9 k)(236 k)(220 k)

Pre tax profit

4.2 m4 m5.6 m

Income tax expense

2.2 m2 m2.2 m

Net Income

5 m2 m2 m3.5 m
$, USDY, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.2 m1.1 m2.3 m3.3 m3.3 m5.6 m8.8 m

Accounts Receivable

295.3 m134.3 k45 k

Inventories

39.8 m5.8 m7.7 m8 m

Current Assets

24.2 m26.8 m28.2 m

PP&E

21.9 m21.4 m21.8 m

Goodwill

14.1 m

Total Assets

63.4 m64.9 m65.9 m

Accounts Payable

72 m5.6 m7.1 m5.7 m

Total Debt

9 m8 m7.1 m

Current Liabilities

8.5 m10.8 m9.4 m

Retained Earnings

44.5 m46.5 m50 m

Total Equity

44.7 m45.3 m48.4 m

Debt to Equity Ratio

0.2 x0.2 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

1.4 x1.4 x1.4 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2 m2 m3.5 m

Depreciation and Amortization

3.3 m3.1 m3 m

Accounts Receivable

103.3 k54.9 k537 k292 k

Inventories

6.9 m1.1 m(1.8 m)(579 k)

Accounts Payable

6.7 m(1.1 m)1.6 m(2.7 m)

Cash From Operating Activities

1 m(46.4 k)2.4 m5.1 m

Purchases of PP&E

(3.7 m)(2 m)(3.2 m)

Cash From Investing Activities

(4.3 m)(1.8 m)(360 k)

Dividends Paid

(1.3 m)

Cash From Financing Activities

(877.2 k)(2.6 m)(1.6 m)

Interest Paid

235 k220 k

Income Taxes Paid

2.2 m1.4 m
Y, 2016

EV/EBIT

24.7 x

EV/CFO

29.5 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x

Lifeway Foods Market Value History

Lifeway Foods Online and Social Media Presence

Lifeway Foods News and Updates

Lifeway Foods Company Life and Culture

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