We are the world's largest global temperature-controlled warehouse REIT, with a modern and strategically located network of properties. Our business is competitively positioned to deliver a seamless end-to-end, technology-enabled, customer experience for thousands of customers each with their own unique requirements in the temperature-controlled supply chain. As of March 31, 2024, we operated an interconnected global temperature-controlled warehouse network, comprising over 84.1 million square feet and 3.0 billion cubic feet of capacity across 482 warehouses predominantly located in densely populated critical-distribution markets, with 312 in North America, 82 in Europe and 88 in Asia-Pacific. We have a well-diversified and stable customer base and currently serve more than 13,000 customers that include household names of the largest food retailers, manufacturers, processors and food service distributors in the industry. In the three months ended March 31, 2024, we generated $1.3 billion of revenue, $48.0 million of net loss, $444.2 million of NOI and $326.6 million of Adjusted EBITDA. In the year ended December 31, 2023, we generated $5.3 billion of revenue, $96.2 million of net loss, $1.8 billion of NOI and $1.3 billion of Adjusted EBITDA.
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Company profile
Ticker
LINE
Exchange
Website
CEO
Mr. W. Gregory Lehmkuhl
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Oracle • ADT • Mobileye Global • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry Limited • Dayforce ...
Former names
Snowflake Computing, Inc.
SEC CIK
Corporate docs
LINE stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
21 Aug 24
8-K
Termination of a Material Definitive Agreement
1 Aug 24
8-K
Entry into a Material Definitive Agreement
26 Jul 24
424B4
Prospectus supplement with pricing info
26 Jul 24
CERT
Certification of approval for exchange listing
25 Jul 24
S-8
Registration of securities for employees
25 Jul 24
S-8
Registration of securities for employees
25 Jul 24
8-A12B
Registration of securities on exchange
25 Jul 24
EFFECT
Notice of effectiveness
25 Jul 24
S-11MEF
Registration of additional securities for an S-11
24 Jul 24
Latest ownership filings
4
Greg Lehmkuhl
29 Jul 24
4
Natalie Matsler
29 Jul 24
4
Sudarsan V Thattai
29 Jul 24
4
Nancy Joy Falotico
29 Jul 24
4
Lynn A Wentworth
29 Jul 24
4
Michael John Turner
29 Jul 24
4
Robert Crisci
29 Jul 24
4
Sean Robert Vanderelzen
29 Jul 24
4
SHELLYE L ARCHAMBEAU
29 Jul 24
4
Abigail S Fleming
29 Jul 24
Financial summary
Quarter (USD) | Jun 24 | |
---|---|---|
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) | |||
---|---|---|---|---|---|---|
Cash on hand (at last report) | 76.00 mm | 76.00 mm | ||||
Cash burn (monthly) | (no burn) | 17.00 mm | ||||
Cash used (since last report) | n/a | 30.15 mm | ||||
Cash remaining | n/a | 45.85 mm | ||||
Runway (months of cash) | n/a | 2.7 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jul 24 | Brian Jeffrey McGowan | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 66,746 | 0.00 | 66,746 |
26 Jul 24 | Jeffrey Alvarez Rivera | Common Stock | Buy | Acquire P | No | No | 78 | 600 | 46.80 k | 5,406 |
26 Jul 24 | Jeffrey Alvarez Rivera | Common Stock | Payment of exercise | Dispose F | No | No | 78 | 3,418 | 266.60 k | 4,806 |
26 Jul 24 | Jeffrey Alvarez Rivera | Common Stock | Grant | Acquire A | No | No | 0 | 8,224 | 0.00 | 8,224 |
26 Jul 24 | Jeffrey Alvarez Rivera | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 96,483 | 0.00 | 96,483 |
26 Jul 24 | Gregory A. Bryan | Common Stock | Grant | Acquire A | No | No | 0 | 15,031 | 0.00 | 15,031 |
26 Jul 24 | Gregory A. Bryan | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 45,091 | 0.00 | 45,091 |
26 Jul 24 | Timothy Conrad Smith | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 77,050 | 0.00 | 77,050 |
26 Jul 24 | Shellye L Archambeau | Common Stock | Buy | Acquire P | No | No | 78 | 500 | 39.00 k | 3,132 |
26 Jul 24 | Shellye L Archambeau | Common Stock | Grant | Acquire A | No | No | 0 | 2,632 | 0.00 | 2,632 |
News
Lineage Set For Strong Growth Post-2024 With Tech Investments And Strategic Acquisitions: Analyst
19 Aug 24
RBC Capital Initiates Coverage On Lineage with Outperform Rating, Announces Price Target of $94
19 Aug 24
Keybanc Initiates Coverage On Lineage with Overweight Rating, Announces Price Target of $92
19 Aug 24
Morgan Stanley Initiates Coverage On Lineage with Overweight Rating, Announces Price Target of $100
19 Aug 24
Piper Sandler Initiates Coverage On Lineage with Overweight Rating, Announces Price Target of $102
19 Aug 24
Press releases
Lineage Celebrates 100th Patent Milestone, Reinforcing Leadership in Cold Chain Innovation
22 Aug 24
Lineage, Inc. Files Second-Quarter 2024 Form 10-Q
21 Aug 24
Lineage Receives Investment Grade Credit Ratings from Moody's and Fitch
7 Aug 24
Lineage Announces Full Exercise of the Underwriters' Option to Purchase Additional Shares, Increasing Gross Proceeds to $5.1 Billion
30 Jul 24
Lineage Announces Closing of Initial Public Offering
26 Jul 24