![]() Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Amarin’s board and the CEO’s background. Valuation: What is Amarin worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Amarin is currently mispriced by the market. We've also compiled a list of essential aspects you should further research: There are too many aspects of Amarin to cover in one brief article, but the key fundamentals for the company can all be found in one place – Amarin's company page on Simply Wall St. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict. At what rate will the company have to grow in order to realise the consensus estimates forecasting breakeven in under 12 months? Using a line of best fit, we calculated an average annual growth rate of 57%, which is extremely buoyant. So, the company is predicted to breakeven approximately 12 months from now or less. ![]() They expect the company to post a final loss in 2020, before turning a profit of US$29m in 2021. The most pressing concern for investors is Amarin's path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.Īmarin is bordering on breakeven, according to the 11 American Biotechs analysts. The US$2.3b market-cap company’s loss lessened since it announced a US$23m loss in the full financial year, compared to the latest trailing-twelve-month loss of US$16m, as it approaches breakeven. Amarin Corporation plc, a pharmaceutical company, develops and commercializes therapeutics for the treatment of cardiovascular diseases in the United States. NASDAQ does not use this value to determine compliance with the listing requirements.We feel now is a pretty good time to analyse Amarin Corporation plc's ( NASDAQ:AMRN) business as it appears the company may be on the cusp of a considerable accomplishment. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). It does not include securities convertible into the common equity securities. Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. Register for your free account today at. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs.
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