OverviewSuggest Edit

Livent is a lithium compound producer that specializes in lithium extraction and purification technology. Its primary products, namely battery-grade lithium hydroxide, lithium carbonate, butyllithium, and lithium metal are critical inputs used in various performance applications. Livent also supplies butyllithium, which is used in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds including lithium metal, which is used in the production of lightweight materials for aerospace applications and non-rechargeable batteries. The company serves energy storage and battery systems, polymers, grease, aerospace, pharmaceuticals and agrochemicals, and industrial markets.

TypePublic
Founded2018
HQPhiladelphia, US
Websitelivent.com

Latest Updates

Employees (est.) (Dec 2019)800
Job Openings2
Revenue (FY, 2019)$388.4 M(-12%)
Share Price (May 2020)$7.1 (+7%)

Key People/Management at Livent

Pierre R. Brondeau

Pierre R. Brondeau

Chairman of the Board
Robert C. Pallash

Robert C. Pallash

Director
Paul Graves

Paul Graves

President and Chief Executive Officer, Director
G. Peter D'Aloia

G. Peter D'Aloia

Director
Michael F. Barry

Michael F. Barry

Director
Steven T. Merkt

Steven T. Merkt

Director
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Livent Office Locations

Livent has offices in Philadelphia, Bessemer City, Charlotte, Antofagasta de la Sierra and in 11 other locations
Philadelphia, US (HQ)
2929 Walnut St
Bessemer City, US
1115 Bessemer City-Kings Mountain Hwy
Charlotte, US
2801 Yorkmont Rd #300
Antofagasta de la Sierra, AR
Ruta provincial 43 km s/n
General Guemes, AR
Ruta Nacional N° 34 Km 1.137
Salta, AR
20 Ejercito del Norte
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Livent Financials and Metrics

Livent Revenue

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Livent's revenue was reported to be $388.40 m in FY, 2019 which is a 12.2% decrease from the previous period.
USD

Revenue (Q1, 2020)

68.5m

Gross profit (Q1, 2020)

14.6m

Gross profit margin (Q1, 2020), %

21.3%

Net income (Q1, 2020)

(1.9m)

EBIT (Q1, 2020)

(2.1m)

Market capitalization (27-May-2020)

1.0b

Closing stock price (27-May-2020)

7.1

Cash (31-Mar-2020)

11.4m

EV

1.2b
Livent's current market capitalization is $1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

264.1m347.4m442.5m388.4m

Revenue growth, %

32%27%(12%)

Cost of goods sold

175.8m198.6m236.8m273.5m

Gross profit

88.3m148.8m205.7m114.9m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

112.0m98.3m114.0m97.7m68.5m

Cost of goods sold

62.5m65.6m80.2m69.4m53.9m

Gross profit

49.5m32.7m33.8m28.3m14.6m

Gross profit Margin, %

44%33%30%29%21%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

4.0m1.2m28.3m16.8m

Accounts Receivable

48.9m122.7m141.4m90.0m

Prepaid Expenses

18.5m32.6m59.8m51.8m

Inventories

54.9m49.6m71.8m113.4m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

1.5m14.7m17.8m20.3m23.3m11.4m

Accounts Receivable

150.2m144.1m115.1m118.0m86.8m56.5m

Prepaid Expenses

34.7m35.4m56.5m53.5m68.7m50.7m

Inventories

52.4m47.3m84.4m67.5m74.8m120.9m
Annual
USDFY, 2017FY, 2017FY, 2018FY, 2019

Net Income

47.1m42.2m126.1m50.2m

Depreciation and Amortization

14.8m15.9m17.8m20.9m

Inventories

(7.9m)6.9m(24.2m)(40.6m)

Accounts Payable

1.8m32.5m13.8m10.8m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

70.2m100.2m16.9m32.4m50.4m(1.9m)

Depreciation and Amortization

8.6m13.1m4.9m9.7m15.5m5.6m

Inventories

(3.3m)200.0k(11.3m)4.5m(3.6m)(8.9m)

Accounts Payable

(14.2m)(9.6m)(10.6m)(4.3m)(6.2m)(40.2m)
USDY, 2020

EV/EBIT

-594 x

EV/CFO

-231 x

Financial Leverage

1.6 x
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Livent Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Lithium Hydroxide Production Capacity, metric tons

10 k18.50 k18.50 k25 k

Lithium Hydroxide Produced, metric tons

7.69 k13.06 k15.94 k21.35 k

Butyllithium Production Capacity, metric tons

3.27 k3.27 k3.27 k3.27 k

Butyllithium Produced, metric tons

2.18 k2.22 k2.39 k2.44 k
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Livent Acquisitions / Subsidiaries

Company NameDateDeal Size
FMC Lithium Singapore Pte. Ltd.
FMC Specialty Chemicals (Zhangjiagang) Co. Ltd.
FMC Switzerland IV GmbH
Livent USA LLC
Minera del Altiplano S.A.

Livent Revenue Breakdown

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Livent revenue breakdown by business segment: 5.7% from Lithium Carbonate and Lithium Chloride, 25.7% from Butyllithium, 55.0% from Lithium Hydroxide and 13.5% from High Purity Lithium Metal and Other Specialty Compounds

Livent revenue breakdown by geographic segment: 64.9% from Asia Pacific, 15.2% from Europe, Middle East, and Africa, 19.6% from North America and 0.3% from Other

Livent Online and Social Media Presence

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Livent News and Updates

Livent stock falls 8% on adjusted Q4 profit, sales miss

Shares of Livent Corp. fell more than 8% in the extended session Thursday after the lithium producer missed adjusted profit and sales expectations and said it expects lithium prices to remain "depressed." Livent said it lost $200,000, breakeven in per-share terms, in the fourth quarter, versus earn…

Livent Corp profit plunges on lower lithium prices

U.S. lithium producer Livent Corp reported an 87% fall in quarterly adjusted profit on Thursday, hurt by a downturn in prices of the metal used in rechargeable batteries.

Livent stock drops more than 15% on lowered forecast

Livent Corp. shares dropped in the extended session Tuesday after the lithium-products producer cut its outlook. Livent shares fell 16% after hours, following a 3% rise to close at $8.67 in the regular session. The company forecast adjusted fiscal fourth-quarter earnings of 4 cents to 6 cents a sha…

Lithium producer Livent misses Q3 views

Shares of Livent Corp. fell nearly 8% in the extended session Tuesday after the lithium producer missed third-quarter GAAP earnings and sales expectations and called for lower full-year profit and revenue. Livent said it earned $18 million, or 12 cents a share, in the quarter, compared with $30 mil…

Livent Corporation to Contribute up to US$ 5.5 Million to Advance E3 Metals' Direct Lithium Extraction Process on the Alberta Lithium Project

TSXV: ETMC FSE: OU7A OTC: EEMMF CALGARY, Sept. 18, 2019 /PRNewswire/ - E3 Metals Corp. (TSXV: ETMC) (FSE: OU7A) (OTC:EEMMF) (the "Company" or "E3" or "E3 Metals") is pleased to announce that it has entered into a Joint Development Agreement (the "Agreement") with a wholly-owned subsidiary...

Livent Announces Second Quarter 2019 Results

PHILADELPHIA, Aug. 6, 2019 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today reported results for the second quarter of 2019. Livent reported revenue of $114.0 million, an increase of 6 percent compared to the same quarter in 2018, and GAAP net income of $15.5 million. Second quarter...
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Livent Frequently Asked Questions

  • When was Livent founded?

    Livent was founded in 2018.

  • Who are Livent key executives?

    Livent's key executives are Pierre R. Brondeau, Robert C. Pallash and Paul Graves.

  • How many employees does Livent have?

    Livent has 800 employees.

  • What is Livent revenue?

    Latest Livent annual revenue is $388.4 m.

  • What is Livent revenue per employee?

    Latest Livent revenue per employee is $485.5 k.

  • Who are Livent competitors?

    Competitors of Livent include Albemarle, Nemaska Lithium and Lithium Technology.

  • Where is Livent headquarters?

    Livent headquarters is located at 2929 Walnut St, Philadelphia.

  • Where are Livent offices?

    Livent has offices in Philadelphia, Bessemer City, Charlotte, Antofagasta de la Sierra and in 11 other locations.

  • How many offices does Livent have?

    Livent has 15 offices.