Lincoln International Inc.

LCLN

LCLNLincoln International Inc. US flag

New York Stock Exchange

23.68

USD

+0.34

- -

749.48MMarket Cap

Income Statement (USD)

API Chat

	2020 Y	2021 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	325	641	518	579	854
+ Sales & Services Revenue	325	641	518	579	854
- Cost of Revenue	138	224	154	175	570
+ Cost of Goods & Services	138	224	154	175	570
Gross Profit	187	417	365	404	284
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	58	73	201	246	256
+ Selling, General & Admin	38	44	151	183	88
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	20	29	49	63	168
Operating Income (Loss)	129	344	164	158	28
- Non-Operating (Income) Loss	- -	- -	-8	-9	13
+ Interest Expense, Net	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	-8	-9	13
Pretax Income	129	344	172	167	16
- Income Tax Expense (Benefit)	2	22	8	4	2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	127	322	164	164	13
- Net Extraordinary Losses (Gains)	-2	4	2	6	16
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-2	4	2	6	16
Income (Loss) Incl. MI	129	319	162	158	-3
- Minority Interest	1	-2	-1	-3	-8
Net Income, GAAP	128	321	163	161	5
- Preferred Dividends	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	128	321	163	161	5
EBIT	129	344	164	158	28
EBITDA	131	348	172	172	66
EBITDA Margin (%)	40.42	54.28	33.1	29.75	7.76
EBITA	129	344	164	158	28
Gross Margin (%)	57.56	65.04	70.37	69.81	33.29
Operating Margin (%)	39.75	53.72	31.68	27.35	3.33
Profit Margin (%)	39.32	50.04	31.46	27.77	0.63
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -
Depreciation Expense	2	4	7	14	38
Basic Weighted Avg Shares	33	33	33	33	33
Basic EPS, GAAP	3.83	9.62	4.89	4.82	0.16
Basic EPS from Cont Ops	3.8	9.68	4.92	4.91	0.4
Diluted Weighted Avg Shares	104	104	104	104	107
Diluted EPS, GAAP	1.23	3.09	1.57	1.55	0.05
Diluted EPS from Cont Ops	1.22	3.11	1.58	1.58	0.12

Balance Sheet (USD)

API Chat

	2020 Y	2021 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	239	450	373	378	534
+ Cash, Cash Equivalents & STI	191	371	244	226	320
+ Cash & Cash Equivalents	191	371	244	226	320
+ ST Investments	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	42	69	94	138	191
+ Accounts Receivable, Net	25	32	89	136	189
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	17	37	5	2	3
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	6	10	34	14	22
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	112	153	225	262	584
+ Property, Plant & Equip, Net	98	130	177	174	175
+ Property, Plant & Equip	104	139	197	200	212
- Accumulated Depreciation	6	8	20	26	37
+ LT Investments & Receivables	1	- -	- -	- -	- -
+ LT Investments	1	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	12	23	48	88	409
+ Total Intangible Assets	2	3	39	76	390
+ Goodwill	2	3	39	60	274
+ Other Intangible Assets	- -	- -	- -	16	116
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	11	19	10	12	19
Total Assets	351	603	598	640	1,118
+ Payables & Accruals	64	110	90	130	257
+ Accounts Payable	14	29	18	14	88
+ Accrued Taxes	3	5	3	7	10
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	48	77	70	108	159
+ ST Debt	- -	- -	22	- -	- -
+ ST Borrowings	- -	- -	22	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -
+ Other ST Liabilities	2	2	1	1	3
+ Deferred Revenue	2	2	1	1	3
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -
Total Current Liabilities	66	112	113	131	260
+ LT Debt	90	127	155	150	419
+ LT Borrowings	- -	- -	- -	- -	270
+ LT Finance Leases	90	127	155	150	149
+ Other LT Liabilities	- -	- -	- -	5	- -
+ Accrued Liabilities	- -	- -	- -	5	- -
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	90	127	155	155	420
Total Liabilities	156	238	268	286	680
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -	- -	- -
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -	- -
+ Retained Earnings	- -	- -	- -	- -	- -
+ Other Equity	- -	- -	- -	- -	- -
Equity Before Minority Interest	190	359	330	351	431
+ Minority/Non Controlling Interest	5	6	1	4	7
Total Equity	195	365	330	354	439
Total Liabilities & Equity	351	603	598	640	1,118
Shares Outstanding	32	32	32	32	32
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	90	127	155	150	149
Net Debt	-191	-371	-222	-226	-50
Net Debt to Equity	-98.19	-101.79	-67.31	-63.66	-11.35
Tangible Common Equity Ratio	55.25	60.25	52.13	49.36	6.63
Current Ratio	3.61	4.03	3.3	2.89	2.05
Cash Conversion Cycle	- -	-18.48	-12.49	37.68	36.5

Cash Flow Statement (USD)

API Chat

	2020 Y	2021 Y	2023 Y	2024 Y	2025 Y
+ Net Income	127	322	164	164	214
+ Depreciation & Amortization	2	4	7	14	38
+ Non-Cash Items	11	14	16	15	-58
+ Stock-Based Compensation	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	1	-1	-4	-8
+ Asset Impairment Charge	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	11	13	17	18	-49
+ Chg in Non-Cash Work Cap	15	24	-4	-43	22
+ (Inc) Dec in Accts Receiv	8	-9	9	-49	-7
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	-2	-2	-1	-3
+ Inc (Dec) in Accts Payable	7	42	-6	23	53
+ Inc (Dec) in Other	1	-7	-5	-15	-21
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	155	364	184	149	216
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-23	-6	-16	-9	-2
+ Acq of Fixed Prod Assets	-23	-6	-16	-9	-2
+ Acq of Intangible Assets	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-101	-177	-159	-150	-164
+ Increase in Capital Stock	8	8	6	3	10
+ Decrease in Capital Stock	-109	-185	-165	-153	-174
+ Net Change in LT Investment	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	4	- -	-5	-231
+ Cash from Divestitures	- -	4	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	-5	-231
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-23	-2	-16	-14	-232
+ Dividends Paid	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	22	-22	275
+ Cash From Debt	- -	- -	22	- -	300
+ Repayments of Debt	- -	- -	- -	-22	-25
+ Other Financing Activities	- -	- -	- -	- -	-7
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	-101	-177	-137	-172	104
Effect of Foreign Exchange Rates	3	-4	4	-4	8
Net Changes in Cash	32	185	31	-36	88
EBITDA	131	348	172	172	66
EBITDA Margin (%)	40.42	54.28	33.1	29.75	7.76
Free Cash Flow	132	358	168	141	214
Net Cash Paid for Acquisitions	- -	-4	- -	5	231
Free Cash Flow to Firm	132	358	168	141	214
Free Cash Flow to Equity	- -	358	190	119	489
Free Cash Flow per Basic Share	3.97	10.74	5.05	4.22	6.43
Price/Free Cash Flow	- -	- -	- -	- -	- -
Cash Flow to Net Income	1.22	1.14	1.13	0.93	39.99
Capital Expenditures	-23	-6	-16	-9	-2