Lantern Pharma Past Earnings Performance
Past criteria checks 0/6
Lantern Pharma's earnings have been declining at an average annual rate of -30.5%, while the Biotechs industry saw earnings growing at 19.3% annually.
Key information
-30.5%
Earnings growth rate
-7.0%
EPS growth rate
| Biotechs Industry Growth | 17.0% |
| Revenue growth rate | n/a |
| Return on equity | -71.8% |
| Net Margin | n/a |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Is Lantern Pharma (NASDAQ:LTRN) In A Good Position To Invest In Growth?
Nov 05
Lantern Pharma (NASDAQ:LTRN) Is In A Good Position To Deliver On Growth Plans
Jun 12We're Hopeful That Lantern Pharma (NASDAQ:LTRN) Will Use Its Cash Wisely
Feb 28We're Not Very Worried About Lantern Pharma's (NASDAQ:LTRN) Cash Burn Rate
Nov 06Lantern Pharma (NASDAQ:LTRN) Is In A Good Position To Deliver On Growth Plans
Jul 20We're Hopeful That Lantern Pharma (NASDAQ:LTRN) Will Use Its Cash Wisely
Apr 04Here's Why We're Not Too Worried About Lantern Pharma's (NASDAQ:LTRN) Cash Burn Situation
Dec 19We're Hopeful That Lantern Pharma (NASDAQ:LTRN) Will Use Its Cash Wisely
Sep 02Lantern Pharma gets FDA nod to start mid-stage study of LP-300 in lung cancer
Jul 14Companies Like Lantern Pharma (NASDAQ:LTRN) Are In A Position To Invest In Growth
May 20Here's Why We're Not Too Worried About Lantern Pharma's (NASDAQ:LTRN) Cash Burn Situation
Feb 02We're Hopeful That Lantern Pharma (NASDAQ:LTRN) Will Use Its Cash Wisely
Oct 13Lantern Pharma: Consider A Speculative Long-Term Investment In This AI Drug Discoverer
Aug 24Lantern Pharma: Drug Recycling With AI
Jun 08We're Not Very Worried About Lantern Pharma's (NASDAQ:LTRN) Cash Burn Rate
May 05Lantern Pharma reports Q1 results
May 03Here's What Lantern Pharma Inc.'s (NASDAQ:LTRN) Shareholder Ownership Structure Looks Like
Feb 19
Lantern Pharma announces antibody drug conjugate tie-up with Califia Pharma
Jan 04Who Has Been Buying Lantern Pharma Inc. (NASDAQ:LTRN) Shares?
Dec 28Lantern: Early Stage 'Smart Drug' Discovery Company
Nov 25Revenue & Expenses Breakdown
How Lantern Pharma 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 Sep 24 | 0 | -19 | 6 | 15 |
| 30 Jun 24 | 0 | -18 | 6 | 14 |
| 31 Mar 24 | 0 | -18 | 6 | 14 |
| 31 Dec 23 | 0 | -16 | 6 | 12 |
| 30 Sep 23 | 0 | -15 | 6 | 11 |
| 30 Jun 23 | 0 | -14 | 6 | 9 |
| 31 Mar 23 | 0 | -14 | 6 | 8 |
| 31 Dec 22 | 0 | -14 | 6 | 9 |
| 30 Sep 22 | 0 | -14 | 6 | 8 |
| 30 Jun 22 | 0 | -16 | 5 | 10 |
| 31 Mar 22 | 0 | -14 | 5 | 8 |
| 31 Dec 21 | 0 | -12 | 5 | 7 |
| 30 Sep 21 | 0 | -12 | 5 | 7 |
| 30 Jun 21 | 0 | -9 | 5 | 4 |
| 31 Mar 21 | 0 | -8 | 4 | 3 |
| 31 Dec 20 | 0 | -6 | 4 | 2 |
| 30 Sep 20 | 0 | -4 | 3 | 1 |
| 30 Jun 20 | 0 | -3 | 2 | 1 |
| 31 Mar 20 | 0 | -2 | 2 | 1 |
| 31 Dec 19 | 0 | -2 | 1 | 1 |
Quality Earnings: LTRN is currently unprofitable.
Growing Profit Margin: LTRN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LTRN is unprofitable, and losses have increased over the past 5 years at a rate of 30.5% per year.
Accelerating Growth: Unable to compare LTRN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LTRN is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (16.6%).
Return on Equity
High ROE: LTRN has a negative Return on Equity (-71.78%), as it is currently unprofitable.