Lifeway Foods (LWAY)

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

NASDAQ

Website

www.lifeway.net

CEO

Julie Smolyansky

Incorporated

Illinois

Location

Illinois

Fiscal year end

Dec 31

Sector

Manufacturing > All Other Miscellaneous Food Manufacturing

Industry (SIC)

Dairy Products

Dean Foods • Nutralife Biosciences • Sipup • Trident Brands • Nutranomics • Artisanal Brands • Energy 1 • Burcon Nutrascience ...

Former names

LIFEWAY FOODS INC

SEC CIK

0000814586

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Lifeway Wisconsin, Inc. • The Lifeway Kefir Shop, LLC • Fresh Made, Inc. • Lifeway Foods Europe ...

IRS number

363442829

LWAY stock data

1M 1Y 5Y

News

From Benzinga Pro

Lifeway Foods Q4 EPS $(0.01) Down From $0.02 YoY, Sales $30.97M Up From $25.59M YoY

21 Jul 22

Lifeway Foods (NASDAQ:LWAY) reported quarterly losses of $(0.01) per share. This is a 150 percent decrease over earnings of $0.02 per share from the same period last year. The company reported $30.97 million in sales

Lifeway Foods Announces Receipt Of Nasdaq Compliance Letter

26 May 22

Lifeway Foods, Inc., ((the ", Company, ", NASDAQ:LWAY), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that it has received a notice (the

Press releases

From Benzinga Pro

Lifeway Foods Announces Agreement with Edward and Ludmila Smolyansky

29 Jul 22

MORTON GROVE, Ill., July 29, 2022 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the

Lifeway Foods, Inc. Announces Results for the Fourth Quarter and Full Year Ended December 31, 2021

21 Jul 22

Annual net sales increase 16.7% year-over-year to $119.1 million; up 27.1% compared to 2019 Delivers 9th straight quarter of year-over-year net sales growth MORTON GROVE, Ill., July 21, 2022 /PRNewswire/ -- Lifeway

Lifeway Foods Announces Receipt of Nasdaq Compliance Letter

26 May 22

MORTON GROVE, Ill., May 26, 2022 /PRNewswire/ -- Lifeway Foods, Inc., ((the ", Company, ", NASDAQ:LWAY), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today

Calendar

21 Jul 22

9 Aug 22

31 Dec 22

Financial summary

Financial statements Chart LWAY financial data

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

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

LWAY insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

LWAY institutional ownership history Ownership history

7.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	17	14	+21.4%
Opened positions	6	3	+100.0%
Closed positions	3	7	-57.1%
Increased positions	1	2	-50.0%
Reduced positions	5	3	+66.7%

13F shares	Current	Prev Q	Change
Total value	80.16M	51.73M	+54.9%
Total shares	1.14M	846.89K	+34.4%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Renaissance Technologies	416.66K	$3.01M	-1.8%
Dimensional Fund Advisors	278.32K	$2.01M	-4.0%
Vanguard	178.12K	$1.29M	NEW
Bridgeway Capital Management	128.66K	$929K	NEW
Geode Capital Management	45.67K	$329K	+7.9%
BLK Blackrock	31.1K	$223K	-5.3%
GBL Gamco Investors	30K	$217K	0.0%
NTRS Northern Trust	14.51K	$105K	-0.9%
Kahn Brothers	10K	$72M	0.0%
Advisor	1.67K	$12K	-10.8%

Largest transactions	Shares	Bought/sold	Change
Vanguard	178.12K	+178.12K	NEW
Bridgeway Capital Management	128.66K	+128.66K	NEW
Dimensional Fund Advisors	278.32K	-11.61K	-4.0%
Renaissance Technologies	416.66K	-7.8K	-1.8%
Geode Capital Management	45.67K	+3.36K	+7.9%
BLK Blackrock	31.1K	-1.75K	-5.3%
MS Morgan Stanley	1.44K	+1.44K	NEW
UBS UBS Group AG - Registered Shares	838	+838	NEW
WFC Wells Fargo & Co.	779	+779	NEW
Allegheny Financial	0	-400	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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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

From filing 10-K 2021 FY

Financial reports

View all

Notice of late quarterly filing

13 May 22

NT 10-K

Notice of late annual filing