Lifeway Foods, Inc., which has been recognized as one of Forbes' Best Small Companies, is America's leading supplier of the probiotic, fermented beverage known as kefir. In addition to its line of drinkable kefir, the company also produces cupped kefir and cheese, frozen kefir, specialty cheeses, probiotic supplements and a ProBugs line for kids. Lifeway's tart and tangy fermented dairy and non-dairy products are now sold across the United States, Mexico, Ireland and the United Kingdom.

Company profile
Ticker
LWAY
Exchange
Website
CEO
Julie Smolyansky
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LIFEWAY FOODS INC
SEC CIK
Corporate docs
Subsidiaries
Lifeway Wisconsin, Inc. • The Lifeway Kefir Shop, LLC • Fresh Made, Inc. • Lifeway Foods Europe ...
IRS number
363442829
LWAY stock data
Calendar
21 Jul 22
9 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.23M | 9.23M | 9.23M | 9.23M | 9.23M | 9.23M |
Cash burn (monthly) | 455K | (no burn) | (no burn) | (no burn) | 290.33K | (no burn) |
Cash used (since last report) | 3.32M | n/a | n/a | n/a | 2.12M | n/a |
Cash remaining | 5.91M | n/a | n/a | n/a | 7.11M | n/a |
Runway (months of cash) | 13.0 | n/a | n/a | n/a | 24.5 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Apr 22 | Smolyansky Julie | Common Stock, no par value | Grant | Acquire A | No | No | 0 | 125,000 | 0 | 2,151,748 |
20 Apr 22 | Smolyansky Julie | Common Stock, no par value | Grant | Acquire A | No | No | 0 | 23,694 | 0 | 2,026,748 |
10 Dec 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.22 | 4,198 | 21.91K | 3,313,960 |
10 Dec 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.16 | 2 | 10.32 | 3,318,158 |
10 Dec 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.2 | 5,800 | 30.16K | 3,318,160 |
9 Dec 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.26 | 5,000 | 26.3K | 3,323,960 |
9 Dec 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.25 | 5,000 | 26.25K | 3,328,960 |
30 Nov 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.26 | 3 | 15.78 | 3,333,960 |
30 Nov 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.25 | 810 | 4.25K | 3,333,963 |
30 Nov 21 | Smolyansky Ludmila | Common Stock, no par value | Sell | Dispose S | Yes | No | 5.23 | 150 | 784.5 | 3,334,773 |
Institutional ownership, Q1 2022
7.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 17 |
Opened positions | 6 |
Closed positions | 3 |
Increased positions | 1 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 80.16M |
Total shares | 1.14M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Renaissance Technologies | 416.66K | $3.01M |
Dimensional Fund Advisors | 278.32K | $2.01M |
Vanguard | 178.12K | $1.29M |
Bridgeway Capital Management | 128.66K | $929K |
Geode Capital Management | 45.67K | $329K |
BLK Blackrock | 31.1K | $223K |
GBL Gamco Investors | 30K | $217K |
NTRS Northern Trust | 14.51K | $105K |
Kahn Brothers | 10K | $72M |
Advisor | 1.67K | $12K |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
adequacy, administer, advance, advice, advisor, Advisory, affiliated, Age, agree, Agrofresh, AICPA, Alico, Allen, Alliance, American, amy, anniversary, Aon, app, appointed, appointment, arena, Art, Article, assistance, assumed, assuming, attrition, auditor, automatically, Azek, bachelor, Bar, BBA, Beauty, begun, billed, biographical, Blair, book, Booz, Box, breadth, Brew, Bridgford, broad, broadcast, brother, brought, budget, budgeted, building, built, Burdeen, California, candidate, cap, career, cast, Castle, Century, cessation, CFO, characterized, childcare, chocolate, cliff, club, COBRA, Coffee, College, column, compelling, compromise, Concession, confirmed, conflict, construction, context, contributor, conversion, convert, converted, convertible, COO, correct, corrected, correction, COSI, Council, CPA, Craft, creation, Creative, Crimson, Crowe, CSE, Culinary, cumulative, cycle, daughter, delicatessen, Deloitte, dental, depth, directorship, disability, disinterested, dissolved, distributorship, division, Doctor, dorri, ease, eastern, education, edward, emphasize, empowerment, enable, enabling, encourage, endorsement, enforceable, Engineering, Enjoy, entirety, entrepreneur, entrepreneurial, equivalent, eric, escrow, ETF, excellence, exhibit, expertise, exploring, Fame, Fast, father, feldman, fill, floor, footprint, FOREGOING, Forest, forfeited, format, Fortune, Foundation, Freshpet, function, fundamental, Gate, gathered, gathering, Glen, goal, Golden, gourmet, graduate, Green, grow, GTBIF, half, Hall, Hamilton, hanson, happy, HCS, healthy, history, hoc, honesty, honorary, Horwath, husband, incentivize, inclusion, indirectly, Inductee, inflation, inflationary, influence, Influential, interpolated, intersection, invaluable, JAMP, jason, job, jody, joining, Junto, Kellogg, Kendall, LabElymental, lag, Lake, Landec, leadership, learned, leave, Lee, length, levy, lieu, listened, literacy, literate, LLC, LLP, longer, longtime, Loyola, LTIP, lump, mainstream, master, MBA, mcwhorter, median, medical, Medifast, meditation, member, Mezcal, MGP, MHM, Michigan, mind, mirror, Mondelez, Montrose, mother, motivate, multiplying, NACD, narrative, nationwide, NEO, Northwestern, notified, NYSE, Oak, Oakton, objective, Odessa, overseeing, ownership, parent, partner, partnership, payout, peer, permanently, perpetual, perspective, pertinent, Phase, Pinata, plc, pledged, pol, pool, portfolio, preferably, president, prevalent, Primo, proactive, profession, prominent, promptly, Proposal, proposed, prorated, Pursuit, quadrupled, Rationalized, Receipt, reclassified, recommendation, recommended, recommending, reconciled, recourse, recruit, recruiting, Reed, referenced, region, regional, regression, remitted, rendered, repaid, repatterning, reproduce, resign, resignation, resigned, reuse, robust, role, Roll, salaried, salary, Sandwich, Sara, satisfaction, scher, School, Science, screening, Secretary, seller, shareholder, shown, shut, sikar, Simply, sister, skill, Skyway, sliding, smaller, smooth, Society, software, SOLICITING, son, sought, sour, spent, spoke, spouse, St, standing, stay, stoppage, stretch, Summit, super, superseded, task, tenfold, thought, thousand, Thumb, tie, tied, tight, title, tool, Tootsie, top, Touche, tracked, traditional, traditionally, train, training, transforming, transmission, transparent, Treasurer, treat, trustee, twelve, twenty, Twitter, unanimously, unaudited, unbiased, understatement, unexercised, unique, unlimited, unrelated, unsettled, unsolicited, upward, vacancy, variant, vehicle, vice, vision, visionary, vote, voting, wave, western, whichever, wife, William, Wine, women, WOMN, workload, worldwide, WTR, WTRMLN, YMCA, York, Youngevity, YWCA
Removed:
analyzed, binding, BioKefir, carrier, complexity, controlled, costlier, cupped, desire, emigration, eroded, ETR, exempt, exemption, exposed, fruit, Icelandic, lost, mature, moving, negotiation, Norway, oz, Plantiful, portrayal, prepayment, resealable, simplify, Simplifying, Skyr, strained, Sweden, thirty
Current reports
8-K
Lifeway Foods Announces Agreement with Edward and Ludmila Smolyansky
29 Jul 22
8-K
Changes in Registrant's Certifying Accountant
14 Jun 22
8-K
Other Events
7 Jun 22
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
4 May 22
8-K
Lifeway Foods Announces Receipt of Nasdaq Compliance Letter
25 Apr 22
8-K
Amendments to Articles of Incorporation or Bylaws
24 Jan 22
8-K
Termination of a Material Definitive Agreement
10 Jan 22
8-K
Submission of Matters to a Vote of Security Holders
20 Oct 21
8-K
Lifeway Foods Completes Acquisition of Certain GlenOaks Farms’ Assets
20 Aug 21
8-K
Lifeway Foods Announces Intent to Acquire Assets of GlenOaks Farms
3 Aug 21
Registration and prospectus
SC TO-I/A
Issuer tender offer statement (amended)
1 Aug 17
SC TO-I/A
Issuer tender offer statement (amended)
25 Jul 17
SC TO-I
Issuer tender offer statement
25 Jun 17
S-8
Registration of securities for employees
28 Mar 16
S-8 POS
Registration of securities for employees (post-effective amendment)
17 Mar 14
POS AM
Prospectus update (post-effective amendment)
12 Mar 14
424B3
Prospectus supplement
24 Jul 07
S-3/A
Shelf registration (amended)
13 May 07
S-3
Shelf registration
13 Sep 06
Proxies
DEFA14A
Additional proxy soliciting materials
2 May 22
PREC14A
Preliminary proxy with contested solicitation
29 Apr 22
DEFA14A
Additional proxy soliciting materials
3 Sep 20
DEFA14A
Additional proxy soliciting materials
30 Apr 19
DEFA14A
Additional proxy soliciting materials
30 Apr 18
DEF 14A
Definitive proxy
30 Apr 18
Other
UPLOAD
Letter from SEC
11 Dec 16
CORRESP
Correspondence with SEC
28 Nov 16
UPLOAD
Letter from SEC
14 Nov 16
UPLOAD
Letter from SEC
18 Feb 15
CORRESP
Correspondence with SEC
16 Feb 15
CORRESP
Correspondence with SEC
25 Jan 15
UPLOAD
Letter from SEC
8 Jan 15
CORRESP
Correspondence with SEC
8 Dec 14
CORRESP
Correspondence with SEC
20 Nov 14
UPLOAD
Letter from SEC
6 Nov 14
Ownership
SC 13D/A
Lifeway Foods / SMOLYANSKY EDWARD ownership change
29 Jul 22
4
Lifeway Foods / JULIE SMOLYANSKY ownership change
13 Jul 22
4
Lifeway Foods / Amy M. Feldman ownership change
13 Jul 22
4
Lifeway Foods / Eric A Hanson ownership change
13 Jul 22
4
Lifeway Foods / JASON SCOTT SCHER ownership change
29 Jun 22
4
Lifeway Foods / POL SIKAR ownership change
23 Jun 22
4
Lifeway Foods / Dorri McWhorter ownership change
23 Jun 22
4
Lifeway Foods / JODY LEVY ownership change
23 Jun 22
4/A
Lifeway Foods / JODY LEVY ownership change
23 Jun 22
SC 13D/A
Lifeway Foods / SMOLYANSKY LUDMILA ownership change
17 Mar 22
Transcripts
Reddit threads
Daily Discussion Thread - July 4th, 2022
4 Jul 22
Daily Discussion Thread - July 1st, 2022
1 Jul 22
Daily Discussion Thread - June 27th, 2022
27 Jun 22
Daily Discussion Thread - June 24th, 2022
24 Jun 22
Daily Discussion Thread - June 20th, 2022
20 Jun 22
Daily Discussion Thread - June 17th, 2022
17 Jun 22
Daily Discussion Thread - June 13th, 2022
13 Jun 22
Daily Discussion Thread - June 10th, 2022
10 Jun 22
Daily Discussion Thread - June 6th, 2022
6 Jun 22
Daily Discussion Thread - June 3rd, 2022
3 Jun 22