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Dancing in the dark

01/07/20 9:57 AM

#238928 RE: ziploc_1 #238914

Amarin's guidance for increase of revenue of only 65% year over year for 2020(less of an increase YoY than in 2019) seems much too low



how much was the $$$ revenue increase (not %) from 2018 to 2019 vs. 2019 to est. 2020?
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sts66

01/07/20 4:15 PM

#239030 RE: ziploc_1 #238914

Not trying to defend AMRN's statement that growth will slow from 85% in 2019 to 65% in 2020, we do have to keep in mind that as absolute revs ramp up it becomes harder to keep a high growth rate going - 85% of $250M is a lot less TRx than 65% of $430M. Nike vs. Under Armour was a good example at one time - Nike was so massive it was impossible for them to post more than low single digit sales gains in any given year, while UA, a company with sales 20 times smaller, was able to sustain ~ 25% YoY growth for many years before it hit the skids.