Livent market cap is $2.5 b, and annual revenue was $288.20 m in FY 2020

Livent Gross profit (FY, 2020)36.8 M

Livent Gross profit margin (FY, 2020), %12.8%

Livent Net income (FY, 2020)-18.9 M

Livent EBIT (FY, 2020)-21.1 M

Livent Cash, 31-Dec-202011.6 M

Livent EV2.7 B

Livent revenue was $288.20 m in FY, 2020

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

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|

## Revenue | 264.1m | 347.4m | 442.5m | 388.4m | 288.2m |

| 32% | 27% | (12%) | ||

## Cost of goods sold | 175.8m | 198.6m | 236.8m | 273.5m | 251.4m |

## Gross profit | 88.3m | 148.8m | 205.7m | 114.9m | 36.8m |

| 33% | 43% | 46% | 30% | 13% |

## R&D expense | 3.1m | 3.1m | 3.8m | 3.3m | 3.7m |

## General and administrative expense | 12.0m | 13.4m | 21.1m | 40.5m | 44.6m |

## Operating expense total | 29.3m | 47.3m | 52.5m | 56.3m | 57.9m |

## EBIT | 59.0m | 101.5m | 153.2m | 58.6m | (21.1m) |

| 22% | 29% | 35% | 15% | (7%) |

## Interest expense | 900.0k | 300.0k | 3.7m | ||

## Pre tax profit | 54.5m | 70.1m | 153.1m | 57.8m | (25.4m) |

## Income tax expense | 7.4m | 27.9m | 27.0m | 7.6m | (6.5m) |

## Net Income | 47.1m | 42.2m | 126.1m | 50.2m | (18.9m) |

## EPS | 1.0 | 0.3 |

USD | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|

## Revenue | 112.0m | 98.3m | 114.0m | 97.7m | 68.5m | 64.9m | 72.6m |

## Cost of goods sold | 62.5m | 65.6m | 80.2m | 69.4m | 53.9m | 54.7m | 69.8m |

## Gross profit | 49.5m | 32.7m | 33.8m | 28.3m | 14.6m | 10.2m | 2.8m |

| 44% | 33% | 30% | 29% | 21% | 16% | 4% |

## R&D expense | 900.0k | 800.0k | 800.0k | 900.0k | 800.0k | ||

## General and administrative expense | 4.7m | 9.2m | 9.8m | 10.2m | 10.8m | 10.3m | |

## Operating expense total | 14.0m | 11.7m | 15.7m | 14.5m | 16.7m | 12.1m | 16.0m |

## EBIT | 35.5m | 21.0m | 18.1m | 13.8m | (2.1m) | (1.9m) | (13.2m) |

| 32% | 21% | 16% | 14% | (3%) | (3%) | (18%) |

## Investment income | (100.0k) | (200.0k) | (100.0k) | ||||

## Pre tax profit | 35.9m | 21.0m | 18.1m | 13.8m | (2.2m) | (2.2m) | (15.3m) |

## Income tax expense | 5.9m | 4.1m | 2.6m | (4.2m) | (300.0k) | (3.5m) | |

## Net Income | 30.0m | 16.9m | 15.5m | 18.0m | (1.9m) | (200.0k) | (11.8m) |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|

## Cash | 4.0m | 1.2m | 28.3m | 16.8m | 11.6m |

## Accounts Receivable | 48.9m | 122.7m | 141.4m | 90.0m | 76.3m |

## Prepaid Expenses | 18.5m | 32.6m | 59.8m | 51.8m | 56.3m |

## Inventories | 54.9m | 49.6m | 71.8m | 113.4m | 105.6m |

## Current Assets | 126.3m | 206.1m | 301.3m | 272.0m | 249.8m |

## PP&E | 185.1m | 220.7m | 275.7m | 468.8m | 545.3m |

## Total Assets | 372.1m | 496.2m | 660.0m | 859.6m | 936.8m |

## Accounts Payable | 25.5m | 59.7m | 72.0m | 83.1m | 43.9m |

## Short-term debt | 2.1m | 1.4m | |||

## Current Liabilities | 39.1m | 86.0m | 120.4m | 122.5m | 82.3m |

## Long-term debt | 34.0m | 170.0m | 251.5m | ||

## Total Debt | 34.0m | 172.1m | 252.9m | ||

## Total Liabilities | 61.4m | 110.8m | 172.1m | 315.6m | |

## Common Stock | 100.0k | 100.0k | 100.0k | ||

## Additional Paid-in Capital | 511.1m | 516.4m | 553.1m | ||

## Retained Earnings | 25.9m | 76.6m | 57.7m | ||

## Total Equity | 310.7m | 385.4m | 487.9m | 544.0m | 565.8m |

## Debt to Equity Ratio | 0.1 x | 0.3 x | |||

## Debt to Assets Ratio | 0.1 x | 0.2 x | |||

## Financial Leverage | 1.2 x | 1.3 x | 1.4 x | 1.6 x | 1.7 x |

USD | FY, 2017 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|

## Net Income | 47.1m | 42.2m | 126.1m | 50.2m | (18.9m) |

## Depreciation and Amortization | 14.8m | 15.9m | 17.8m | 20.9m | |

## Accounts Receivable | (8.3m) | (71.3m) | (20.8m) | 51.4m | 15.3m |

## Inventories | (7.9m) | 6.9m | (24.2m) | (40.6m) | 10.1m |

## Accounts Payable | 1.8m | 32.5m | 13.8m | 10.8m | (39.8m) |

## Cash From Operating Activities | 51.0m | 58.3m | 92.0m | 58.1m | 6.3m |

## Purchases of PP&E | (25.7m) | (48.9m) | (73.6m) | (184.3m) | |

## Cash From Investing Activities | (31.3m) | (62.5m) | (78.4m) | (190.0m) | (131.1m) |

## Short-term Borrowings | (10.7m) | ||||

## Long-term Borrowings | (111.4m) | (294.6m) | |||

## Dividends Paid | |||||

## Cash From Financing Activities | (18.6m) | 1.5m | 13.0m | 120.5m | 119.1m |

## Net Change in Cash | 1.1m | (2.8m) | 27.1m | (11.5m) | (5.2m) |

## Interest Paid | 800.0k | 300.0k | 4.3m | 5.6m | |

## Income Taxes Paid | 7.7m | 21.9m | 35.3m | 38.5m | 2.6m |

USD | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|

## Net Income | 70.2m | 100.2m | 16.9m | 32.4m | 50.4m | (1.9m) | (2.1m) | (13.9m) |

## Depreciation and Amortization | 8.6m | 13.1m | 4.9m | 9.7m | 15.5m | 5.6m | 11.6m | 17.7m |

## Accounts Receivable | (28.1m) | (23.0m) | 27.3m | 23.5m | 53.5m | 33.8m | 17.5m | |

## Inventories | (3.3m) | 200.0k | (11.3m) | 4.5m | (3.6m) | (8.9m) | (100.0k) | |

## Accounts Payable | (14.2m) | (9.6m) | (10.6m) | (4.3m) | (6.2m) | (40.2m) | (51.9m) | (40.9m) |

## Cash From Operating Activities | 18.0m | 62.5m | (1.4m) | 41.3m | 64.9m | (5.4m) | (300.0k) | 1.5m |

## Purchases of PP&E | (23.4m) | (43.4m) | (24.3m) | (69.3m) | (120.5m) | (89.2m) | ||

## Cash From Investing Activities | (26.8m) | (47.0m) | (25.3m) | (74.2m) | (125.4m) | (56.3m) | (89.9m) | (111.8m) |

## Short-term Borrowings | (276.5m) | |||||||

## Long-term Borrowings | (57.0m) | (91.4m) | (109.5m) | |||||

## Dividends Paid | ||||||||

## Cash From Financing Activities | 9.1m | (3.1m) | 15.9m | 25.0m | 55.9m | 56.5m | 90.9m | 108.2m |

## Net Change in Cash | 300.0k | 13.5m | (10.5m) | (8.0m) | (5.0m) | (5.4m) | 400.0k | |

## Interest Paid | 600.0k | 1.6m | 2.6m | |||||

## Income Taxes Paid | 17.0m | 26.2m | 37.1m | (300.0k) | 2.3m | 2.8m |

USD | FY, 2016 |
---|---|

## Financial Leverage | 1.2 x |

FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | |
---|---|---|---|---|

## Lithium Hydroxide Production Capacity, metric tons | 10 k | 18.50 k | 18.50 k | 25 k |

## Lithium Hydroxide Produced, metric tons | 7.69 k | 13.06 k | 15.94 k | 21.35 k |

## Butyllithium Production Capacity, metric tons | 3.27 k | 3.27 k | 3.27 k | 3.27 k |

## Butyllithium Produced, metric tons | 2.18 k | 2.22 k | 2.39 k | 2.44 k |

## High Purity Lithium Metal Production Capacity, metric tons | 250 | 250 | 250 | 250 |

## High Purity Lithium Metal Produced, metric tons | 152 | 101 | 140 | 167 |

## Lithium Carbonate Production Capacity, metric tons | 16 k | 16 k | 18 k | 18 k |

## Lithium Carbonate Produced, metric tons | 12.56 k | 15.15 k | 17.24 k | 16.79 k |

## Lithium Chloride Production Capacity, metric tons | 9 k | 9 k | 9 k | 9 k |

## Lithium Chloride Produced, metric tons | 6.47 k | 4.50 k | 5.01 k | 4.28 k |