Lightpath Technologies Inc. | Micro-cap | Technology
$2.98
-0.17%
| Lightpath Stock Comparison:
Lightpath vs AmphenolLightpath vs TE ConnectivityLightpath vs Methode ElectronicsLightpath vs Kulr TechnologyLightpath vs RichardsonLightpath vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 9.2M
Gross Profit 2.7M 29.06%
Operating Income -3.3M -36.23%
Net Income -3.6M -39.08%
EPS (Diluted) $-0.09

Balance Sheet Metrics

Total Assets 81.4M
Total Liabilities 65.7M
Shareholders Equity 15.7M
Debt to Equity 4.18

Cash Flow Metrics

Operating Cash Flow -3.5M
Free Cash Flow -3.7M

Revenue & Profitability Trend

Lightpath Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i31.7M32.9M35.6M38.5M35.0M
Cost of Goods Sold i23.1M21.9M23.7M25.0M21.1M
Gross Profit i8.6M11.1M11.8M13.4M13.8M
Gross Margin % i27.2%33.6%33.2%35.0%39.6%
Operating Expenses
Research & Development i2.4M2.1M2.1M2.2M1.7M
Selling, General & Administrative i12.3M11.4M11.2M12.0M9.0M
Other Operating Expenses i-----
Total Operating Expenses i14.7M13.6M13.3M14.2M10.7M
Operating Income i-7.7M-3.6M-2.6M-1.8M2.0M
Operating Margin % i-24.3%-11.0%-7.4%-4.8%5.8%
Non-Operating Items
Interest Income i-----
Interest Expense i191.9K283.3K229.5K215.4K339.4K
Other Non-Operating Income-45.9K103.3K168.2K-203.1K-67.6K
Pre-tax Income i-7.9M-3.8M-2.7M-2.3M1.6M
Income Tax i67.5K234.0K862.9K933.9K764.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%46.8%
Net Income i-8.0M-4.0M-3.5M-3.2M866.9K
Net Margin % i-25.2%-12.3%-10.0%-8.3%2.5%
Key Metrics
EBITDA i-3.6M-433.4K1.2M1.5M5.3M
EPS (Basic) i$-0.21$-0.13$-0.13$-0.12$0.03
EPS (Diluted) i$-0.21$-0.13$-0.13$-0.12$0.03
Basic Shares Outstanding i3794493531637445270195342631402525853419
Diluted Shares Outstanding i3794493531637445270195342631402525853419

Income Statement Trend

Lightpath Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i3.5M4.7M5.5M6.8M5.4M
Short-term Investments i-----
Accounts Receivable i4.9M6.6M5.2M4.7M6.2M
Inventory i6.6M7.4M7.0M8.7M9.0M
Other Current Assets131.2K570.3K464.8K475.4K565.2K
Total Current Assets i15.5M21.8M18.2M20.7M21.3M
Non-Current Assets
Property, Plant & Equipment i29.3M31.9M32.5M30.5M19.7M
Goodwill i17.2M15.0M16.2M17.3M18.4M
Intangible Assets i3.7M3.3M4.5M5.6M6.7M
Long-term Investments-----
Other Non-Current Assets182.6K205.9K170.7K174.7K734.7K
Total Non-Current Assets i32.5M31.8M32.5M33.9M26.3M
Total Assets i48.1M53.5M50.7M54.6M47.6M
Liabilities
Current Liabilities
Accounts Payable i3.2M2.6M3.1M2.9M2.6M
Short-term Debt i1.4M2.1M2.0M1.6M2.0M
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i8.0M6.8M7.7M8.4M7.4M
Non-Current Liabilities
Long-term Debt i8.9M10.3M12.7M12.6M5.6M
Deferred Tax Liabilities i326.2K465.0K541.0K0-
Other Non-Current Liabilities-----
Total Non-Current Liabilities i9.9M10.8M13.2M12.6M5.6M
Total Liabilities i17.9M17.6M21.0M21.0M13.0M
Equity
Common Stock i392.5K373.4K270.5K269.9K258.9K
Retained Earnings i-215.8M-207.8M-203.8M-200.2M-197.1M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i30.2M36.0M29.7M33.6M34.6M
Key Metrics
Total Debt i10.4M12.4M14.7M14.2M7.6M
Working Capital i7.5M14.9M10.4M12.3M13.9M

Balance Sheet Composition

Lightpath Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-8.0M-4.0M-3.5M-3.2M866.9K
Depreciation & Amortization i4.0M3.2M3.6M3.5M3.4M
Stock-Based Compensation i1.0M1.3M825.2K642.9K250.7K
Working Capital Changes i2.3M-2.2M792.1K1.7M-1.4M
Operating Cash Flow i-550.1K-2.0M2.1M3.0M3.0M
Investing Activities
Capital Expenditures i-1.8M-2.9M-1.6M-3.2M-2.3M
Acquisitions i-847.1K0---
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-2.7M-2.9M-1.6M-3.2M-2.3M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i278.9K141.2K266.8K275.4K400.0K
Debt Repayment i-2.6M-1.9M-893.5K-1.3M-1.1M
Financing Cash Flow i-1.5M7.4M-687.9K-1.0M-668.6K
Free Cash Flow i-1.7M-5.9M-162.5K1.6M1.3M
Net Change in Cash i-4.7M2.6M-246.7K-1.1M110.9K

Cash Flow Trend

Lightpath Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -14.38
Forward P/E -18.94
Price to Book 8.26
Price to Sales 3.87
PEG Ratio -18.94

Profitability Ratios

Profit Margin -30.25%
Operating Margin -36.23%
Return on Equity -24.86%
Return on Assets -8.77%

Financial Health

Current Ratio 2.30
Debt to Equity 28.59
Beta 0.91

Per Share Data

EPS (TTM) $-0.25
Book Value per Share $0.37
Revenue per Share $0.84

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
lpth130.0M-14.388.26-24.86%-30.25%28.59
Amphenol 129.1B42.5111.2631.05%16.90%69.51
TE Connectivity 61.1B42.614.9411.51%8.77%48.36
Methode Electronics 237.3M14.370.35-8.58%-5.97%50.33
Kulr Technology 213.9M-7.782.22-67.89%-273.86%1.34
Richardson 147.1M306.000.94-0.73%-0.55%1.45

Financial data is updated regularly. All figures are in the company's reporting currency.