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Lanakam

ATSE:LANAC
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LANAC
ATSE
€3M
Market Cap
  1. Home
  2. GR
  3. Retail
Company description

Lanakam S.A. distributes apparel and accessories in Greece and Cyprus. The last earnings update was 205 days ago. More info.


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  • Lanakam has significant price volatility in the past 3 months.
LANAC Share Price and Events
7 Day Returns
0%
ATSE:LANAC
2.5%
Europe Retail Distributors
1.2%
GR Market
1 Year Returns
13.6%
ATSE:LANAC
-8.4%
Europe Retail Distributors
-7.5%
GR Market
LANAC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lanakam (LANAC) 0% -2.6% 17.2% 13.6% -22.4% -52.2%
Europe Retail Distributors 2.5% 5.9% 5.1% -8.4% -6.4% 1.3%
GR Market 1.2% 7.9% 20.7% -7.5% 18.1% -58.7%
1 Year Return vs Industry and Market
  • LANAC outperformed the Retail Distributors industry which returned -8.4% over the past year.
  • LANAC outperformed the Market in Greece which returned -7.5% over the past year.

LANAC Value

 Is Lanakam undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Lanakam. This is due to cash flow or dividend data being unavailable. The share price is €0.45.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Lanakam's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lanakam's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ATSE:LANAC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-0.10
ATSE:LANAC Share Price ** ATSE (2019-04-18) in EUR €0.45
Europe Retail Distributors Industry PE Ratio Median Figure of 21 Publicly-Listed Retail Distributors Companies 13.68x
Greece Market PE Ratio Median Figure of 96 Publicly-Listed Companies 14.55x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Lanakam.

ATSE:LANAC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ATSE:LANAC Share Price ÷ EPS (both in EUR)

= 0.45 ÷ -0.10

-4.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lanakam is loss making, we can't compare its value to the Europe Retail Distributors industry average.
  • Lanakam is loss making, we can't compare the value of its earnings to the Greece market.
Price based on expected Growth
Does Lanakam's expected growth come at a high price?
Raw Data
ATSE:LANAC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Retail Distributors Industry PEG Ratio Median Figure of 7 Publicly-Listed Retail Distributors Companies 1.22x
Greece Market PEG Ratio Median Figure of 19 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Lanakam, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lanakam's assets?
Raw Data
ATSE:LANAC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €1.92
ATSE:LANAC Share Price * ATSE (2019-04-18) in EUR €0.45
Europe Retail Distributors Industry PB Ratio Median Figure of 25 Publicly-Listed Retail Distributors Companies 1.6x
Greece Market PB Ratio Median Figure of 139 Publicly-Listed Companies 0.9x
ATSE:LANAC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ATSE:LANAC Share Price ÷ Book Value per Share (both in EUR)

= 0.45 ÷ 1.92

0.23x

* Primary Listing of Lanakam.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lanakam is good value based on assets compared to the Europe Retail Distributors industry average.
X
Value checks
We assess Lanakam's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. Lanakam has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LANAC Future Performance

 How is Lanakam expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lanakam has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.8%
Expected Retail Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lanakam expected to grow at an attractive rate?
  • Unable to compare Lanakam's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lanakam's earnings growth to the Greece market average as no estimate data is available.
  • Unable to compare Lanakam's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ATSE:LANAC Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 22.8%
Europe Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Greece Market Earnings Growth Rate Market Cap Weighted Average 16.4%
Greece Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ATSE:LANAC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ATSE:LANAC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 2 0 -1
2018-03-31 2 0 0
2017-12-31 2 0 0
2017-09-30 2 0 0
2017-06-30 2 0 0
2017-03-31 2 0 0
2016-12-31 2 0 0
2016-09-30 2 0 0
2016-06-30 2 0 0
2016-03-31 2 0 0
2015-12-31 2 0 0
2015-09-30 2 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lanakam is high growth as no earnings estimate data is available.
  • Unable to determine if Lanakam is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ATSE:LANAC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lanakam Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:LANAC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -0.10
2018-03-31 -0.07
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.03
2016-09-30 -0.05
2016-06-30 -0.04
2016-03-31 -0.05
2015-12-31 -0.03
2015-09-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Lanakam will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Lanakam's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Lanakam's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. Lanakam's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Lanakam's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Lanakam has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LANAC Past Performance

  How has Lanakam performed over the past 5 years?

  • Lanakam's last earnings update was 205 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Lanakam's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Lanakam does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Lanakam's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lanakam's 1-year growth to the Europe Retail Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Lanakam's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Lanakam Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:LANAC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1.96 -0.62 0.89
2018-03-31 1.99 -0.42 0.87
2017-12-31 2.02 -0.21 0.85
2017-09-30 1.93 -0.15 0.87
2017-06-30 1.83 -0.10 0.86
2017-03-31 1.77 -0.13 0.88
2016-12-31 1.70 -0.17 0.90
2016-09-30 1.90 -0.27 1.05
2016-06-30 1.91 -0.25 0.88
2016-03-31 1.87 -0.30 0.87
2015-12-31 2.02 -0.19 0.87
2015-09-30 1.86 -0.04 0.88
2015-06-30 2.06 -0.20 0.92
2015-03-31 2.05 -0.11 0.89
2014-12-31 2.02 -0.14 0.85
2014-09-30 2.37 -0.31 0.84
2014-06-30 2.16 -0.21 0.83
2014-03-31 2.23 -0.24 0.86
2013-12-31 2.01 -0.33 0.86
2013-09-30 1.65 -0.48 1.00
2013-06-30 1.69 -0.41 0.98
2013-03-31 1.57 -0.60 0.99
2012-12-31 2.00 -0.50 1.05
2012-09-30 1.85 -0.32 1.05
2012-06-30 2.22 -0.41 1.12

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Lanakam has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Lanakam has efficiently used its assets last year compared to the Europe Retail Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Lanakam improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Lanakam's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Lanakam has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LANAC Health

 How is Lanakam's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Lanakam's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lanakam is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lanakam's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lanakam's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lanakam Company Filings, last reported 9 months ago.

ATSE:LANAC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 11.42 1.02 1.29
2018-03-31 11.42 1.02 1.29
2017-12-31 11.96 1.02 0.37
2017-09-30 11.96 1.02 0.37
2017-06-30 12.16 1.02 0.38
2017-03-31 12.16 1.02 0.38
2016-12-31 12.15 1.02 0.34
2016-09-30 12.15 1.02 0.34
2016-06-30 12.20 1.01 0.36
2016-03-31 12.20 1.01 0.36
2015-12-31 12.33 1.02 0.54
2015-09-30 10.65 1.02 0.31
2015-06-30 10.66 1.02 0.33
2015-03-31 10.75 1.02 0.29
2014-12-31 10.68 1.02 0.35
2014-09-30 10.73 1.00 0.41
2014-06-30 10.98 1.00 0.56
2014-03-31 11.02 1.00 0.50
2013-12-31 10.94 1.00 0.72
2013-09-30 11.04 1.20 0.91
2013-06-30 11.11 1.25 0.86
2013-03-31 11.07 1.25 0.52
2012-12-31 11.13 1.25 0.67
2012-09-30 11.42 1.45 0.39
2012-06-30 11.39 1.45 0.32
  • Lanakam's level of debt (8.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (11.3% vs 8.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Lanakam has sufficient cash runway for more than 3 years based on current free cash flow.
  • Lanakam has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 62.9% each year.
X
Financial health checks
We assess Lanakam's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Lanakam has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LANAC Dividends

 What is Lanakam's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Lanakam dividends.
If you bought €2,000 of Lanakam shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Lanakam's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lanakam's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ATSE:LANAC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.3%
Greece Market Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.1%
Greece Minimum Threshold Dividend Yield 10th Percentile 1%
Greece Bottom 25% Dividend Yield 25th Percentile 1.6%
Greece Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Lanakam has not reported any payouts.
  • Unable to verify if Lanakam's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lanakam's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lanakam has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Lanakam's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Lanakam afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lanakam has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LANAC Management

 What is the CEO of Lanakam's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ioannis Damigos
COMPENSATION €26,679
CEO Bio

Mr. Ioannis K. Damigos serves as Executive Chairman, Chief Executive Officer and General Manager at Lanakam S.A. Mr. Damigos has been with Lanakam since 1983. He studied Business Administration, Management and Marketing.

CEO Compensation
  • Insufficient data for Ioannis to compare compensation growth.
  • Ioannis's remuneration is higher than average for companies of similar size in Greece.
Management Team

Ioannis Damigos

TITLE
Executive Chairman
COMPENSATION
€27K

Konstantinos tou Ioanni

TITLE
Executive Vice Chairman of the Board
COMPENSATION
€16K

Vasilios Kostopoulos

TITLE
CFO, Head of Investor Relations & Non-Executive Director
COMPENSATION
€19K

Elisavet tou Ioanni

TITLE
Executive Director
COMPENSATION
€16K
Board of Directors

Ioannis Damigos

TITLE
Executive Chairman
COMPENSATION
€27K

Konstantinos tou Ioanni

TITLE
Executive Vice Chairman of the Board
COMPENSATION
€16K

Vasilios Kostopoulos

TITLE
CFO, Head of Investor Relations & Non-Executive Director
COMPENSATION
€19K

Elisavet tou Ioanni

TITLE
Executive Director
COMPENSATION
€16K

Maria Stiilianesi

TITLE
Independent Non-Executive Director

Georgios Nalmpantis

TITLE
Independent Non-Executive Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Lanakam's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Lanakam has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LANAC News

Simply Wall St News

Does Lanakam SA. (ATH:LANAC) Need To Raise More Cash?

Additional cash raising may dilute the value of your shares, and since Lanakam is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … ATSE:LANAC Income Statement May 7th 18 When will Lanakam need to raise more cash? … Now you know that even if the company was to continue to shrink its opex at this rate, it will not be able to sustain its operations given the current level of cash reserves.

Simply Wall St -

What Investors Should Know About Lanakam SA.'s (ATH:LANAC) Financial Strength

How does LANAC’s operating cash flow stack up against its debt? … At this stable level of debt, LANAC's cash and short-term investments stands at €339.50K , ready to deploy into the business. … Risk around debt is extremely low for LANAC, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although LANAC’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Lanakam SA. (ATH:LANAC): Has Recent Earnings Growth Beaten Long-Term Trend?

I prefer to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the past half a decade Lanakam has seen an annual decline in revenue of -7.06%, on average. … This shows that, despite the fact that Lanakam is presently running a loss, it may have only just gained from the recent industry expansion, moving earnings in the right direction.What does this mean?

Simply Wall St -

LANAC Company Info

Description

Lanakam S.A. distributes apparel and accessories in Greece and Cyprus. The company primarily distributes DOLCE & GABBANA, Coccinelle, Guess, Danielle Alessandrini, LIU JO, Gold Case, Frankie Morello, and other branded apparel. It also operates Coccinelle mono-brand shop in Athens; and distributes outdoor heating and cooling products. The company was founded in 1941 and is based in Athens, Greece.

Details
Name: Lanakam S.A.
LANAC
Exchange: ATSE
Founded: 1941
€2,672,670
5,939,268
Website: http://www.lanakam.gr
Address: Lanakam S.A.
Athens Tower,
Building A,
Athens,
11527,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE LANAC Ordinary Shares The Athens Stock Exchange GR EUR 29. Sep 1993
LSE 0F22 Ordinary Shares London Stock Exchange GB EUR 29. Sep 1993
Number of employees
Current staff
Staff numbers
0
Lanakam employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 20:46
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/27
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.