Lantern Historical Income Statement
| LTRN Stock | USD 3.13 0.05 1.62% |
Historical analysis of Lantern Pharma income statement accounts such as Total Revenue of 0.0 can show how well Lantern Pharma performed in making a profits. Evaluating Lantern Pharma income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lantern Pharma's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lantern Pharma latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lantern Pharma is a good buy for the upcoming year.
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About Lantern Income Statement Analysis
Lantern Pharma Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lantern Pharma shareholders. The income statement also shows Lantern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lantern Pharma Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Lantern Pharma generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lantern Pharma. It is also known as Lantern Pharma overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Lantern Pharma's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lantern Pharma current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantern Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.At this time, Lantern Pharma's Interest Expense is very stable compared to the past year. As of the 26th of November 2024, Research Development is likely to grow to about 12.5 M, while Depreciation And Amortization is likely to drop about 13.9 K.
Lantern Pharma income statement Correlations
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Lantern Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lantern Pharma income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.6K | 3.4K | 97.4K | 154.7K | 14.6K | 13.9K | |
| Selling General Administrative | 1.5M | 3.7M | 5.0M | 5.8M | 6.0M | 4.2M | |
| Other Operating Expenses | 2.4M | 5.9M | 12.6M | 14.4M | 17.9M | 10.1M | |
| Operating Income | (2.4M) | (5.9M) | (12.6M) | (14.4M) | (17.9M) | (17.0M) | |
| Net Income From Continuing Ops | (2.4M) | (5.9M) | (12.4M) | (14.3M) | (15.2M) | (14.4M) | |
| Ebit | (2.4M) | (5.9M) | (12.4M) | (14.6M) | (15.8M) | (15.0M) | |
| Research Development | 953.2K | 2.2M | 7.6M | 8.6M | 11.9M | 12.5M | |
| Ebitda | (2.4M) | (5.9M) | (12.3M) | (14.4M) | (15.8M) | (15.0M) | |
| Total Operating Expenses | 2.4M | 5.9M | 12.6M | 14.4M | 17.9M | 10.1M | |
| Reconciled Depreciation | 1.6K | 3.4K | 6.8K | 10.1K | 13.4K | 14.1K | |
| Income Before Tax | (2.4M) | (5.9M) | (12.4M) | (14.3M) | (16.0M) | (15.2M) | |
| Net Income Applicable To Common Shares | (2.4M) | (5.9M) | (12.4M) | (14.3M) | (12.8M) | (12.2M) | |
| Net Income | (2.4M) | (5.9M) | (12.3M) | (14.1M) | (16.0M) | (15.2M) | |
| Income Tax Expense | (5.0) | (202.9K) | (67.9K) | (172.8K) | (3.0) | (3.15) |
Pair Trading with Lantern Pharma
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lantern Pharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lantern Pharma will appreciate offsetting losses from the drop in the long position's value.Moving together with Lantern Stock
Moving against Lantern Stock
| 0.48 | KZR | Kezar Life Sciences | PairCorr |
| 0.4 | NXGLW | NexGel Warrant | PairCorr |
| 0.38 | MLYS | Mineralys Therapeutics, | PairCorr |
| 0.33 | MDGL | Madrigal Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Lantern Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lantern Pharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lantern Pharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lantern Pharma to buy it.
The correlation of Lantern Pharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lantern Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lantern Pharma moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lantern Pharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantern Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lantern Pharma. If investors know Lantern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lantern Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.78) | Return On Assets (0.28) | Return On Equity (0.45) |
The market value of Lantern Pharma is measured differently than its book value, which is the value of Lantern that is recorded on the company's balance sheet. Investors also form their own opinion of Lantern Pharma's value that differs from its market value or its book value, called intrinsic value, which is Lantern Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lantern Pharma's market value can be influenced by many factors that don't directly affect Lantern Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lantern Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lantern Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lantern Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.