undamentalytics Newsletter

Lipocine vs Nutriband

Lipocine and Nutriband are similar in size: $2.0m and $2.0m of revenue in their latest fiscal years. Nutriband grew faster (-4.8% against -82.3%). Nutriband kept more of each dollar of sales as profit: a net margin of -404.1% against -487.1%. Lipocine carries less debt relative to equity (0.0% against 0.5%).

Latest fiscal yearLipocineLPCN, 2025NutribandNTRB, 2026
Revenue $2.0m $2.0m
Revenue growth -82.3% -4.8%
Net income −$9.6m −$8.2m
Operating margin -524.7% -408.4%
Net margin -487.1% -404.1%
Return on equity -54.3% -125.6%
Free cash flow −$9.8m −$5.1m
Cash $5.2m $4.6m
Total debt $0 $35,861
Debt to equity 0.0% 0.5%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 14 500
Market value $12.0m $76.8m
Price vs our value range — —
Moat score 12 (Weak) 8 (Weak)
Insider trades, 12 months 7 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.