ANI Pharmaceuticals, Inc. (ANIP) financial statements (2023 and earlier)

Company profile

Business Address 210 MAIN STREET WEST
BAUDETTE, MN 56623
State of Incorp. DE
Fiscal Year End December 31
SIC 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments100,3007,86462,33243,00831,14427,365154,684
Cash and cash equivalents100,3007,86462,33243,00831,14427,365154,684
Receivables128,52695,79372,12964,84258,78845,89521,932
Inventory, net of allowances, customer advances and progress billings81,69360,80348,16340,50337,72726,18313,387
Inventory81,69360,80348,16340,50337,72726,18313,387
Prepaid expense7,5895,8613,9954,5242,7843,5641,453
Other undisclosed current assets3,667 1,076 1,162 1,127
Total current assets:321,775170,321187,695152,877131,605103,007192,583
Noncurrent Assets
Property, plant and equipment52,67141,26940,55138,09020,40310,9987,131
Intangible assets, net (including goodwill)322,010192,091183,968205,184231,628177,63068,235
Goodwill27,8883,5803,5803,5801,8381,8381,838
Intangible assets, net (excluding goodwill)294,122188,511180,388201,604229,790175,79266,397
Regulated entity, other noncurrent assets    200  
Restricted cash and investments5,0015,0035,0295,0215,0065,002 
Deferred income tax assets67,93651,70438,326
Other noncurrent assets2,2058021,2201,468829  
Other undisclosed noncurrent assets   27,96422,46726,22717,316
Total noncurrent assets:449,823290,869269,094277,727280,533219,85792,682
TOTAL ASSETS:771,598461,190456,789430,604412,138322,864285,265
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities39,05223,85420,70419,1377,5078,3453,871
Accounts payable22,96711,26114,6068,8843,6303,3892,066
Accrued liabilities7,5632,4562,3621,7071,571927617
Employee-related liabilities8,5226,2313,7363,5242,3061,6311,188
Taxes payable 3,906 5,022 2,398 
Deferred revenue8780451
Debt85013,24310,1383,2563,353  
Other undisclosed current liabilities47,54841,38830,383143,15628,36823,6037,885
Total current liabilities:87,53778,56561,676165,54939,22831,94811,756
Noncurrent Liabilities
Long-term debt and lease obligation286,520172,443175,80867,29669,946120,643113,427
Long-term debt, excluding current maturities286,520172,443175,80867,29669,946120,643113,427
Liabilities, other than long-term debt38,80114,4826,514496 625 
Accounts payable and accrued liabilities     625 
Other liabilities7,80114,4826,514496   
Business combination, contingent consideration, liability31,000      
Other undisclosed noncurrent liabilities    128,208  
Total noncurrent liabilities:325,321186,925182,32267,792198,154121,268113,427
Total liabilities:412,858265,490243,998233,341237,382153,216125,183
Temporary equity, carrying amount24,850      
Stockholders' equity
Stockholders' equity attributable to parent333,890195,700212,791197,263174,756169,648160,082
Common stock1111111
Treasury stock, value(3,135)(2,246)(723)(659)(259)  
Additional paid in capital387,844214,354200,800186,812179,020172,563164,431
Accumulated other comprehensive loss(3,055)(11,437)(4,871)(379)   
Retained earnings (accumulated deficit)(47,765)(4,972)17,58411,488(4,006)(2,916)(4,350)
Total stockholders' equity:333,890195,700212,791197,263174,756169,648160,082
TOTAL LIABILITIES AND EQUITY:771,598461,190456,789430,604412,138322,864285,265

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues216,136208,475206,547201,576176,842128,62276,322
Cost of revenue(109,164)(87,157)(63,154)(73,024)(79,032)(48,780)(12,692)
Cost of goods and services sold(100,610)      
Gross profit:106,972121,318143,393128,55297,81079,84263,630
Operating expenses(146,765)(80,987)(75,724)(59,451)(41,553)(37,420)(24,030)
Other undisclosed operating loss (56,347)(51,318)(33,742)(27,928)(22,343)(6,900)
Operating income (loss):(39,793)(16,016)16,35135,35928,32920,07932,700
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(4,343)(494)(228)(550)55(74)41
Interest and debt expense(1,458)(9,479)(13,468)(468)(11,324)(11,294)(11,143)
Income (loss) from continuing operations before equity method investments, income taxes:(45,594)(25,989)2,65534,34117,0608,71121,598
Other undisclosed income (loss) from continuing operations before income taxes(10,464)27502(14,290)(711)(33)135
Income (loss) from continuing operations before income taxes:(56,058)(25,962)3,15720,05116,3498,67821,733
Income tax expense (benefit)13,4553,4142,937(4,557)(17,425)(4,744)(6,358)
Net income (loss) attributable to parent:(42,603)(22,548)6,09415,494(1,076)3,93415,375
Preferred stock dividends and other adjustments(190)      
Other undisclosed net loss available to common stockholders, basic  (97)(154) (21)(85)
Net income (loss) available to common stockholders, basic:(42,793)(22,548)5,99715,340(1,076)3,91315,290
Other undisclosed net income available to common stockholders, diluted      1
Net income (loss) available to common stockholders, diluted:(42,793)(22,548)5,99715,340(1,076)3,91315,291

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(42,603)(22,548)6,09415,494(1,076)3,93415,375
Other comprehensive income (loss)8,382(6,566)(4,492)(379)   
Comprehensive income (loss), net of tax, attributable to parent:(34,221)(29,114)1,60215,115(1,076)3,93415,375

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: