This company has been acquired
Liminal BioSciences Past Earnings Performance
Past criteria checks 0/6
Liminal BioSciences has been growing earnings at an average annual rate of 41%, while the Biotechs industry saw earnings growing at 22.7% annually. Revenues have been declining at an average rate of 80.8% per year.
Key information
41.0%
Earnings growth rate
84.3%
EPS growth rate
| Biotechs Industry Growth | 17.0% |
| Revenue growth rate | -80.8% |
| Return on equity | -129.3% |
| Net Margin | -5,702.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Liminal transfers to Nasdaq Capital Market, gets more time to comply with listing rule
Sep 02Liminal BioSciences ends CDMO agreement for $33M cost savings
Aug 25Liminal BioSciences discontinues fezagepras development
Jul 21FDA grants approval to Liminal BioSciences' Ryplazim treatment
Jun 04Liminal shares slide after plans to stop fezagepras development
May 28Liminal Biosciences subsidiary receives FDA nod for US-based plasma collection centre
Jan 12Liminal BioSciences Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 13FDA extends review period for Liminal Bio's Ryplazim application
Nov 09Revenue & Expenses Breakdown
How Liminal BioSciences makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 0 | -28 | 17 | 0 |
| 31 Mar 23 | 1 | -26 | 17 | 0 |
| 31 Dec 22 | 0 | -29 | 18 | 0 |
| 30 Sep 22 | 0 | -31 | 19 | 0 |
| 30 Jun 22 | 1 | -36 | 24 | 0 |
| 31 Mar 22 | 0 | -42 | 28 | 0 |
| 31 Dec 21 | 1 | -44 | 32 | 0 |
| 30 Sep 21 | 1 | -48 | 34 | 0 |
| 30 Jun 21 | 1 | -49 | 32 | 0 |
| 31 Mar 21 | 1 | -35 | 30 | 0 |
| 31 Dec 20 | 1 | -48 | 33 | 0 |
| 30 Sep 20 | 1 | -75 | 35 | 0 |
| 30 Jun 20 | 2 | -94 | 38 | 0 |
| 31 Mar 20 | 3 | -232 | 49 | 0 |
| 31 Dec 19 | 1 | -150 | 38 | 0 |
| 30 Sep 19 | -8 | -299 | 44 | 0 |
| 30 Jun 19 | 3 | -298 | 40 | 0 |
| 31 Mar 19 | 23 | -194 | 29 | 0 |
| 31 Dec 18 | 25 | -197 | 29 | 0 |
| 30 Sep 18 | 43 | -131 | 50 | 0 |
| 30 Jun 18 | 55 | -118 | 52 | 0 |
| 31 Mar 18 | 39 | -115 | 53 | 0 |
| 31 Dec 17 | 22 | -112 | 50 | 0 |
| 30 Sep 17 | 37 | -109 | 32 | 0 |
| 30 Jun 17 | 16 | -119 | 31 | 0 |
| 31 Mar 17 | 16 | -112 | 28 | 0 |
| 31 Dec 16 | 16 | -101 | 26 | 0 |
| 30 Sep 16 | 26 | -74 | 22 | 0 |
| 30 Jun 16 | 28 | -58 | 19 | 0 |
| 31 Mar 16 | 28 | -48 | 18 | 0 |
| 31 Dec 15 | 25 | -51 | 17 | 0 |
| 30 Sep 15 | 21 | -31 | 15 | 0 |
| 30 Jun 15 | 18 | -41 | 14 | 0 |
| 31 Mar 15 | 19 | -5 | 13 | 0 |
| 31 Dec 14 | 23 | 6 | 12 | 0 |
| 30 Sep 14 | 18 | -10 | 12 | 0 |
| 30 Jun 14 | 21 | 4 | 11 | 0 |
| 31 Mar 14 | 22 | -23 | 9 | 0 |
| 31 Dec 13 | 21 | -16 | 8 | 0 |
| 30 Sep 13 | 24 | -8 | 6 | 0 |
| 30 Jun 13 | 26 | -1 | 6 | 0 |
| 31 Mar 13 | 27 | 3 | 6 | 0 |
| 31 Dec 12 | 23 | 0 | 6 | 0 |
| 30 Sep 12 | 23 | 3 | 5 | 0 |
Quality Earnings: LMNL is currently unprofitable.
Growing Profit Margin: LMNL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LMNL is unprofitable, but has reduced losses over the past 5 years at a rate of 41% per year.
Accelerating Growth: Unable to compare LMNL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LMNL is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-31.3%).
Return on Equity
High ROE: LMNL has a negative Return on Equity (-129.3%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/27 16:27 |
| End of Day Share Price | 2023/09/25 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Liminal BioSciences Inc. is covered by 15 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Doug Cooper | Beacon Securities Limited |
| Antonia Borovina | Bloom Burton & Co. |
| Dewey Steadman | Canaccord Genuity |