Lantronix

OverviewSuggest Edit

Lantronix is a provider of secure data access and management solutions for Internet of Things, and information technology assets. The Company's products include IoT gateways, which provide secure connectivity and the ability to add integrated device management and advanced data access features; and IoT building blocks that offer basic secure machine connectivity and unmanaged data access. In addition, Lantronix offers console management, power management, and keyboard video mouse, or KVM, products that provide remote OOBM access to IT and networking infrastructure deployed in test labs, data centers, and server rooms.

TypePublic
Founded1989
HQIrvine, CA, USMap
Websitelantronix.com
Employee Ratings3.1More
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Latest Updates

Employees (est.) (Aug 2019)210(+43%)
Revenue (FY, 2020)$59.9 M(+28%)
Share Price (Mar 2021)$4.8 (+4%)
Cybersecurity ratingCMore

Key People/Management at Lantronix

Paul Pickle

Paul Pickle

Director, 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
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Lantronix Office Locations

Lantronix has offices in Irvine, Vancouver, Shanghai and Hyderabad
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
Hyderabad, IN
Cyber Gateway Rd, Phase 2, HITEC City
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Lantronix Financials and Metrics

Lantronix Revenue

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

Revenue (Q2, 2021)

16.6m

Gross profit (Q2, 2021)

7.0m

Gross profit margin (Q2, 2021), %

42.2%

Net income (Q2, 2021)

(1.5m)

EBIT (Q2, 2021)

(1.3m)

Market capitalization (1-Mar-2021)

139.0m

Closing stock price (1-Mar-2021)

4.8

Cash (31-Dec-2020)

7.6m

EV

135.8m
Lantronix's current market capitalization is $139 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, 2021

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

47%48%49%49%50%46%56%54%55%55%55%57%49%51%45%42%
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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, 2021

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

9.3m8.5m6.8m7.7m9.7m9.2m8.5m8.1m7.6m8.5m9.3m8.7m9.0m7.9m7.3m7.4m7.6m7.7m7.3m7.1m7.4m8.0m9.4m9.8m12.4m11.0m15.2m14.3m
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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, 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)

Depreciation and Amortization

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

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)

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)2.0m
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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

73/100

Learn more about our premium products
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Lantronix Online and Social Media Presence

Lantronix's Trends

Embed Graph

Lantronix News and Updates

February 17, 2021

Lantronix Launches New EDS3000 Serial-to-Ethernet Servers, Bringing Affordable Remote IoT Device Management

Expands Lantronix’s IoT Offerings for Industrial and Medical Industries Expands Lantronix’s IoT Offerings for Industrial and Medical Industries
February 03, 2021

Lantronix Names SAPPLY Australasia Distributor

Now offers Lantronix’s hardware, software and service solutions for IoT and Out-of-Band Management as well as Systems on Chips and Modules Now offers Lantronix’s hardware, software and service solutions for IoT and Out-of-Band Management as well as Systems on Chips and Modules
January 21, 2021

Lantronix to Report Fiscal 2021 Second Quarter Results on February 11, 2021

IRVINE, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), engineering services and hardware for Edge Computing, the Internet of Things (IoT) and Remote Environment Management (REM), today announced it will r…
January 07, 2021

Lantronix to Present at 23rd Annual Needham Virtual Growth Conference on Jan. 11, 2021

IRVINE, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global provider of Software as a Service (SaaS), engineering services and intelligent hardware for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that Lantronix…
December 08, 2020

Lantronix Provides Advanced IoT Technologies to Flock Safety for Development of Community Safety Solution

Flock Safety solution utilized Lantronix’s Open-Q 624A SOM, Development Kit and Engineering Services to jumpstart design and quickly go to Market Flock Safety solution utilized Lantronix’s Open-Q 624A SOM, Development Kit and Engineering Services to jumpstart design and quickly go to Market
December 03, 2020

Lantronix Named Fifth Fastest-Growing Small Public Company by Orange County Business Journal

Lantronix achieved 31.4 percent growth, fueled by its advancements in IoT, artificial intelligence, robotics, communications and mobility Lantronix achieved 31.4 percent growth, fueled by its advancements in IoT, artificial intelligence, robotics, communications and mobility
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Lantronix Blogs

March 02, 2021

Wi-Fi Analyzing/Sniffing

  By Guido Voigt Keeping your network safe and protected from cyberattacks is crucial, and a thorough network assessment is essential to eliminate any security vulnerabilities. However, this assessment is not only for preventing security issues. A full network analysis also reveals your system’s eff…
January 28, 2021

Why Wi-Fi Certification Is Important to Your Success:

A Look Inside the Wi-Fi Certification Process By Zeenath Venkata Essential for home networking, public Internet connectivity and the Internet of Things, Wi-Fi® is also indispensable for the Industrial Internet of Things (IIOT). For example, a leading developer of intelligent robot solutions utilizes…
December 21, 2020

Running OpenCL Sample Application on Open-Q™ 820 System on Module, powered by Qualcomm® Snapdragon™ 820 SOC

The post Running OpenCL Sample Application on Open-Q™ 820 System on Module, powered by Qualcomm® Snapdragon™ 820 SOC appeared first on Lantronix.
December 21, 2020

Artificial Neural Networks (ANN) on Snapdragon™-based Edge Devices

Shahrad Payandeh (spayandeh@intrinsyc.com) Introduction Using Artificial Neural Network (ANN) on machines, to make them to reach similar capability to the human brain can do is a popular topic  and can be seen in different fields. Beside finding the best NN (Neural Network) and training database, an…
December 09, 2020

Revolutionizing the Safety of Industrial Workers

How Lantronix Supported the Development of the Guardhat Communicator Smart Hardhat To revolutionize the safety of industrial workers, the innovative creators of the Guardhat Communicator re-envisioned the hardhat into a smart wearable device. To make the hardhat a communicating device, the Guardhat …
December 09, 2020

Bringing Moxie to Life

How Lantronix Supported the Development of a Children’s Companion Robot Created by Embodied Inc., an industry-leading robotics and artificial intelligence company, Moxie is a revolutionary new companion robot for children. Moxie was designed to promote development of social, emotional and cognitive …
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 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 210 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 $285.1 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 and Hyderabad.

  • How many offices does Lantronix have?

    Lantronix has 5 offices.