Longeveron Inc (LGVN) Earnings Report, Financial Results, Financial analysis

Longeveron Inc increased second quarter of 2023 net loss per share of $-0.27 compare to net loss per share of $-0.27 recorded in the same quarter a year ago a decrease compare to $-0.22 realized in previous quarter.

*second quarter of 2023*
Earnings Per Share	Revenues
$ -0.27	$ 0 Mill
Unch.	Unch. -53.43 %

Longeveron Inc 's Revenue fell by -53.43 % in second quarter of 2023 (Jun 30 2023) year on year, to $0 million and declined by -22.22 % sequentially.

Longeveron Inc is Expected to report next financial results on November 13, 2023.

More on LGVN's Income Statement

LGVN's NET INCOME

Longeveron Inc 's in thesecond quarter of 2023 recorded net loss of $-5.632 million, an increase from net loss of $-5.624 million in II. Quarter a year ago.

Sequentially net loss advanced

More on LGVN's Growth

Longeveron Inc Inventories
In Jun 30 2023 company's net cash and cash equivalents decreased by $-2 million, capital expenditures fell by 111.34%, to $0 millions compare to same quarter a year ago and fell by 78.26% from I. Quarter (Mar 31 2023).

More on LGVN's Cash flow Statement

Earnings quality

Longeveron Inc does not pay out common stock dividend.

In trailing twelve-month period Longeveron Inc payed $ -0.81 cash per share, on a free-cash flow basis .

Book value fell by -31.21 % sequentially to $0.53 per share, -24.94% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.42 per share from $ 0.66.

Company issued 0.07 million shares or 0.34 % in Jun 30 2023.

• More on LGVN's Dividends

Market Capitalization (Millions)	49
Shares Outstanding (Millions)	21
Total Debt (Millions $)	1
Revenue (TTM) (Millions $)	1
Net Income (TTM) (Millions $)	-20
Cash Flow (TTM) (Millions $)	-17
Capital Exp. (TTM) (Millions $)	-1
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Earnings quality

Longeveron Inc does not pay out common stock dividend.

In trailing twelve-month period Longeveron Inc had negative $ -0.81 cash flow per share, on a free-cash flow basis .

Book value fell by -31.21 % sequentially to $0.53 per share, -24.94% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 0.42 per share from $ 0.66.

Company issued 0.07 million shares or 0.34 % in Jun 30 2023.

• More on LGVN's Balance Sheets

Market Capitalization (Millions)	49
Shares Outstanding (Millions)	21
Total Debt (Millions $)	1
Revenue (TTM) (Millions $)	1
Net Income (TTM) (Millions $)	-20
Cash Flow (TTM) (Millions $)	-17
Capital Exp. (TTM) (Millions $)	-1
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Longeveron Inc

LGVN's Financial Statements and Analysis