Lantronix

OverviewSuggest Edit

Lantronix is a global provider of hardware and software solutions for edge computing, the Internet of Things, and remote environment management. The company offers software and services, embedded solutions, external gateways, and other related products and solutions. Its solutions are deployed inside machines, data centers, offices, and remote sites across a range of industries, including energy, agriculture, medical, security, manufacturing, distribution, transportation, retail, financial, environmental and government.

TypePublic
Founded1989
HQIrvine, CA, USMap
Websitelantronix.com
Employee Ratings3.8More
View Jobs (19)

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2020)242(+16%)
Job Openings19
Revenue (FY, 2020)$59.9 M(+28%)
Share Price (Sept 2021)$6.3(+3%)
Cybersecurity ratingCMore

Key People/Management at Lantronix

Paul Pickle

Paul Pickle

President and Chief Executive Officer
Jeremy Whitaker

Jeremy Whitaker

Chief Financial Officer
Jonathan Shipman

Jonathan Shipman

Vice President, Strategy
Fathi Hakam

Fathi Hakam

Vice President, Engineering
Roger Holliday

Roger Holliday

Vice President, Worldwide Sales
Michael A. Fink

Michael A. Fink

Vice President, Operations
Show more

Lantronix Office Locations

Lantronix has offices in Irvine, Vancouver, Shanghai, Hong Kong and in 2 other locations
Irvine, CA, US (HQ)
7535 Irvine Center Dr #100
Vancouver, CA
885 Dunsmuir St 3rd floor
Shanghai, CN
Room 408, Building A, No 319 Xian Xia Rd., Far East International Plaza
Hong Kong, HK
511 Queen's Rd W, Shek Tong Tsui
Hyderabad, IN
Cyber Gateway Rd, Phase 2, HITEC City
Taipei, TW
Suite 905, 9F NO, No. 129, Section 3, Minsheng East Road, Songshan District
Show all (6)

Lantronix Financials and Metrics

Lantronix Revenue

Lantronix's revenue was reported to be $59.88 m in FY, 2020
USD

Revenue (Q3, 2021)

17.1m

Gross profit (Q3, 2021)

7.7m

Gross profit margin (Q3, 2021), %

45.1%

Net income (Q3, 2021)

(1.2m)

EBIT (Q3, 2021)

(848.0k)

Market capitalization (15-Sept-2021)

180.5m

Closing stock price (15-Sept-2021)

6.3

Cash (31-Mar-2021)

8.3m

EV

176.2m
Lantronix's current market capitalization is $180.5 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

44.5m42.9m40.6m44.7m45.6m46.9m59.9m

Revenue growth, %

(4%)(5%)

Cost of goods sold

22.3m22.6m21.2m21.2m20.2m20.6m33.0m

Gross profit

22.3m20.3m19.4m23.6m25.4m26.3m26.9m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021Q3, 2021

Revenue

11.2m10.5m12.1m11.2m12.2m12.2m11.5m21.9m33.5m12.3m12.1m12.3m12.7m13.2m16.5m16.6m17.1m

Cost of goods sold

5.9m5.4m6.2m5.7m6.1m6.5m5.1m10.0m15.1m5.5m5.5m5.3m6.5m6.5m9.1m9.6m9.4m

Gross profit

5.3m5.0m5.9m5.5m6.0m5.6m6.4m11.9m18.5m6.7m6.7m7.1m6.2m6.8m7.4m7.0m7.7m

Gross profit Margin, %

47%48%49%49%50%46%56%54%55%55%55%57%49%51%45%42%45%
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

5.8m11.4m5.2m6.3m5.0m6.0m8.1m9.6m18.3m7.7m

Accounts Receivable

3.6m2.7m3.2m3.4m4.2m7.4m11.4m

Prepaid Expenses

440.0k687.0k1.3m

Inventories

524.0k400.0k580.0k7.0m8.4m10.5m13.8m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021Q3, 2021

Cash

4.0m3.3m1.8m10.5m8.5m7.2m5.8m6.1m5.9m6.3m5.4m5.6m4.7m4.6m4.1m6.1m6.7m7.4m8.2m8.4m9.0m18.9m19.4m18.2m12.0m9.3m7.0m7.6m8.3m

Accounts Receivable

2.1m1.4m2.7m2.2m2.3m2.8m2.8m2.7m3.9m3.5m2.6m2.6m3.0m2.3m3.1m3.2m2.9m2.8m2.7m4.0m3.8m5.9m6.1m8.4m7.8m9.4m12.0m13.3m11.6m

Prepaid Expenses

470.0k397.0k733.0k718.0k598.0k437.0k339.0k545.0k470.0k356.0k595.0k493.0k315.0k615.0k568.0k479.0k566.0k536.0k320.0k794.0k752.0k817.0k1.3m1.3m2.0m1.6m2.3m

Inventories

9.3m8.5m6.8m7.7m9.7m9.2m8.5m8.1m7.6m8.5m9.3m8.7m9.0m7.9m7.3m7.4m7.6m7.7m7.3m7.1m7.4m8.0m9.4m9.8m12.4m11.0m15.2m14.3m15.1m
show all
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(3.0m)(2.8m)(933.0k)(2.8m)(2.0m)(277.0k)680.0k(408.0k)(10.7m)

Depreciation and Amortization

934.0k852.0k895.0k878.0k759.0k594.0k442.0k464.0k2.8m

Inventories

(2.7m)3.1m130.0k(1.3m)2.6m(674.0k)(1.5m)(2.5m)3.4m

Accounts Payable

(4.8m)(693.0k)1.6m(960.0k)(965.0k)(7.0k)1.2m765.0k(2.6m)
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q2, 2021Q3, 2021

Net Income

(1.4m)(2.8m)(2.9m)(430.0k)(842.0k)(1.6m)(267.0k)(590.0k)(720.0k)(262.0k)(894.0k)(1.7m)(331.0k)(1.3m)(1.7m)(104.0k)(63.0k)(225.0k)(641.0k)(416.0k)(72.0k)(83.0k)194.0k1.1m(2.5m)(3.8m)(9.0m)(1.8m)(2.9m)

Depreciation and Amortization

234.0k458.0k683.0k218.0k436.0k629.0k229.0k465.0k693.0k229.0k463.0k680.0k218.0k423.0k614.0k151.0k304.0k455.0k117.0k226.0k336.0k105.0k219.0k341.0k291.0k598.0k1.6m442.0k658.0k

Inventories

126.0k(228.0k)(1.9m)1.7m3.8m3.4m(140.0k)(447.0k)(1.0m)188.0k(944.0k)(598.0k)(442.0k)1.6m2.1m(819.0k)(1.1m)(1.2m)(545.0k)(223.0k)(581.0k)95.0k(1.4m)(1.8m)(474.0k)925.0k2.0m(309.0k)(1.3m)

Accounts Payable

(1.5m)(3.5m)(3.9m)1.2m1.6m592.0k240.0k900.0k1.2m390.0k(319.0k)(514.0k)(722.0k)(1.4m)(1.1m)104.0k(477.0k)(19.0k)783.0k1.3m1.5m11.0k369.0k794.0k(381.0k)(1.4m)(1.6m)2.0m1.4m
show all
USDQ1, 2012

Financial Leverage

2.1 x
Show all financial metrics

Lantronix Revenue Breakdown

Embed Graph

Lantronix revenue breakdown by geographic segment: 55.0% from Americas, 30.0% from Europe, Middle East and Africa and 15.0% from Asia Pacific Japan

Lantronix Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

Learn more about our premium products
SecurityScorecard logo

Lantronix Online and Social Media Presence

Lantronix's Trends

Embed Graph

Lantronix News and Updates

September 15, 2021

Lantronix Announces Creation of Advisory Board with Bernhard Bruscha as First Member and Chair

IRVINE, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intellig…
September 13, 2021

Lantronix to Present in the 5th Annual Lake Street Capital Markets Big5 Best Ideas Growth Conference on Wednesday, Sept. 15, 2021

IRVINE, Calif., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligen…
September 09, 2021

Lantronix xPico 250 IoT Gateway Enables Secure Connected Healthcare Applications

Lantronix’s IoT Technology Integral to Development of Point-of-Care Medical Diagnostic Devices Lantronix’s IoT Technology Integral to Development of Point-of-Care Medical Diagnostic Devices
August 26, 2021

Lantronix Reports Record Results for Fourth Quarter and Fiscal 2021

IRVINE, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intellige…
August 19, 2021

Lantronix Announces Ultra-Compact Open-Q System on Module Based on Qualcomm® QRB5165 to Power Advanced Robotics Innovations

Lantronix empowers innovation of next-gen intelligent solutions, including advanced robotics, AI-enabled drones, AI processing gateways and more
August 09, 2021

Lantronix Announces Preliminary Revenue Results for Fourth Quarter of Fiscal 2021 with Final Results to be Reported on August 26, 2021

Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th Presenting at the Oppenheimer 24th Annual Technology, Internet & Communications Conference August 10th
Show more

Lantronix Blogs

September 23, 2021

Delivering on the Promise of Smart Cities With IoT Technologies

How Lantronix Supported Flock Safety in Creating a Community Safety SolutionAccording to the International Data Corporation’s (IDC) October 2020 “FutureScape” report, smart city investment by communities, utilities, telecom providers and consultants will increase to $203 billion by 2024. The report …
September 23, 2021

Remote Environment Management Helps Reduce Security Costs of On-Site Visitors in Your Data Center

Increase Security, Reduce Footfall, Save Money, Decrease Risk and Increase Customer Satisfaction According to Research and Markets, the global data center market is expected to grow at a compound annual growth rate of more than 2 percent during the period 2019–2025. In the U.S. alone, the data cente…
July 28, 2021

Maximizing Artificial Intelligence for Voice Activation and Control

Tips for Maximizing Lantronix SOMs for Battery Management, Password Security and More By: Victor Gonzalez, Senior Director of Engineering at Lantronix Inc. The use of Artificial Intelligence (AI) is exploding in a variety of markets, including automotive, healthcare, security and consumer electronic…
July 01, 2021

What Makes a Channel Partner Program Great? A True Partnership

By: Doug SpinellaAll Partner Programs are not equal. Here’s how to identify the right ones for your business.As Lantronix celebrates the first anniversary of its new SmartEdge Partner Program, it is time to take a closer look at channel partner programs and ask, “How are these programs useful to our…
May 06, 2021

Bringing Augmented Reality Smart Glasses to Market

How Lantronix Supported the Development of Youbiquo’s Talens Holo Smart Glasses Augmented Reality Smart Glasses in the industrial market are providing efficiencies in the manufacturing and maintenance process. The global smart glasses market should reach about $20.0 billion by 2022 from $340.4 milli…
March 18, 2021

Ensuring Secure Wi-Fi Roaming in Challenging Industrial IoT Environments

By Chirjeev Singh According to a recent Statistica report, the number of Wi-Fi® connected devices being used globally is projected to grow to 22.2 billion in 2021. This expansive growth in Wi-Fi adoption not only includes consumer Wi-Fi usage, but it also includes Wi-Fi usage in the Industrial Inter…
Show more

 Lantronix Frequently Asked Questions

  • When was Lantronix founded?

    Lantronix was founded in 1989.

  • Who are Lantronix key executives?

    Lantronix's key executives are Paul Pickle, Jeremy Whitaker and Jonathan Shipman.

  • How many employees does Lantronix have?

    Lantronix has 242 employees.

  • What is Lantronix revenue?

    Latest Lantronix annual revenue is $59.9 m.

  • What is Lantronix revenue per employee?

    Latest Lantronix revenue per employee is $247.4 k.

  • Who are Lantronix competitors?

    Competitors of Lantronix include Raritan, Assured Information Security and Bittium.

  • Where is Lantronix headquarters?

    Lantronix headquarters is located at 7535 Irvine Center Dr #100, Irvine.

  • Where are Lantronix offices?

    Lantronix has offices in Irvine, Vancouver, Shanghai, Hong Kong and in 2 other locations.

  • How many offices does Lantronix have?

    Lantronix has 6 offices.