Lifetime Brands, Inc. (LCUT)

Lifetime Brands Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	682.95	686.68	727.66	862.92	769.17
Revenue Growth (YoY)	-0.54%	-5.63%	-15.68%	12.19%	4.66%
Cost of Revenue	422.25	432.04	467.35	559.61	495.17
Gross Profit	260.7	254.64	260.32	303.32	274
Selling, General & Admin	231.57	220.59	229.49	237.72	228.72
Operating Expenses	231.57	220.59	229.49	237.72	228.72
Operating Income	29.14	34.05	30.82	65.6	45.28
Interest Expense	-22.67	-22.23	-15.23	-14.46	-19.42
Earnings From Equity Investments	-2.09	-12.67	-9.47	0.96	1.31
Other Non Operating Income (Expenses)	-14.15	-	-	-	-
EBT Excluding Unusual Items	-9.78	-0.84	6.12	52.1	27.17
Merger & Restructuring Charges	-2.05	-2.76	-1.42	-	-0.21
Impairment of Goodwill	-	-	-	-	-19.1
Asset Writedown	-	-	-	-14.76	-1
Other Unusual Items	-	1.41	-5.14	-	-
Pretax Income	-11.83	-2.19	-0.44	37.34	6.86
Income Tax Expense	3.33	6.22	5.73	16.54	9.87
Net Income	-15.17	-8.41	-6.17	20.8	-3.01
Net Income to Common	-15.17	-8.41	-6.17	20.8	-3.01
Shares Outstanding (Basic)	21	21	22	21	21
Shares Outstanding (Diluted)	21	21	22	22	21
Shares Change (YoY)	1.35%	-1.68%	-2.17%	5.64%	1.28%
EPS (Basic)	-0.71	-0.40	-0.29	0.97	-0.14
EPS (Diluted)	-0.71	-0.40	-0.29	0.94	-0.14
Free Cash Flow	16.34	53.63	21.34	33	42.73
Free Cash Flow Per Share	0.76	2.53	0.99	1.50	2.05
Dividend Per Share	0.170	0.170	0.170	0.170	0.170
Gross Margin	38.17%	37.08%	35.77%	35.15%	35.62%
Operating Margin	4.27%	4.96%	4.24%	7.60%	5.89%
Profit Margin	-2.22%	-1.23%	-0.85%	2.41%	-0.39%
Free Cash Flow Margin	2.39%	7.81%	2.93%	3.82%	5.56%
EBITDA	51.45	53.62	50.36	88.12	69.95
EBITDA Margin	7.53%	7.81%	6.92%	10.21%	9.09%
D&A For EBITDA	22.31	19.57	19.54	22.52	24.66
EBIT	29.14	34.05	30.82	65.6	45.28
EBIT Margin	4.27%	4.96%	4.24%	7.60%	5.89%
Effective Tax Rate	-	-	-	44.30%	143.84%
Advertising Expenses	7.8	7.5	6.8	4.4	3.4

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q