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, USMap
Websitelantronix.com
Employee Ratings3.1More
View Jobs (8)

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2019)210(+43%)
Job Openings8
Revenue (FY, 2020)$59.9 M(+28%)
Share Price (Oct 2020)$4.9 (-1%)
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, 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
Show all (5)

Lantronix Financials and Metrics

Lantronix Revenue

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

Revenue (FY, 2020)

59.9m

Gross profit (FY, 2020)

26.9m

Gross profit margin (FY, 2020), %

44.9%

Net income (FY, 2020)

(10.7m)

EBIT (FY, 2020)

(10.5m)

Market capitalization (14-Oct-2020)

140.5m

Closing stock price (14-Oct-2020)

4.9

Cash (30-Jun-2020)

7.7m

EV

138.0m
Lantronix's current market capitalization is $140.5 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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

47%48%49%49%50%46%56%54%55%55%55%57%49%51%45%
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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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

9.3m8.5m6.8m7.7m9.7m9.2m8.5m8.1m7.6m8.5m9.3m8.7m9.0m7.9m7.3m7.4m7.6m7.7m7.3m7.1m7.4m8.0m9.4m9.8m12.4m11.0m15.2m
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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, 2020

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)

Depreciation and Amortization

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

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

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)
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USDQ1, 2012

Financial Leverage

2.1 x
Show all financial metrics

Lantronix Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

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

Lantronix's Trends

Embed Graph

Lantronix News and Updates

October 15, 2020

Lantronix Brings Advanced AI and Machine Learning to Smart Cameras With New Open-Q 610 µSOM Based on the Powerful Qualcomm QCS610 System on Chip (SOC)

Now Available, Open-Q 610 Delivers High-Resolution Camera Capabilities, On-Device AI Processing and Native Ethernet Interface Now Available, Open-Q 610 Delivers High-Resolution Camera Capabilities, On-Device AI Processing and Native Ethernet Interface
September 23, 2020

Lantronix Announces Ultra-Compact Open-Q 865XR System on Module (SOM) to Power Internet of Things Solutions

Lantronix leads the way to next-gen intelligent IoT solutions for AR/VR applications in AI machine learning, medical, gaming, logistics and retail sectors Lantronix leads the way to next-gen intelligent IoT solutions for AR/VR applications in AI machine learning, medical, gaming, logistics and retai…
September 16, 2020

Lantronix Delivers IoT Connectivity to Guardhat Communicator Smart Hardhat

Guardhat Communicator smart hardhat revolutionizes the safety of industrial workers by connecting users with remote command centers Guardhat Communicator smart hardhat revolutionizes the safety of industrial workers by connecting users with remote command centers
September 10, 2020

Lantronix Reports Record Revenue for the Fourth Quarter of Fiscal 2020

IRVINE, Calif., Sept. 10, 2020 (GLOBE NEWSWIRE) -- Lantronix, Inc. (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 reported results for the fourth qua…
February 12, 2020

Lantronix Reports Second Quarter Fiscal 2020 Results

IRVINE, Calif., Feb. 12, 2020 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT) today reported results for the second quarter of fiscal 2020 that ended December 31, 2019.
January 23, 2020

Lantronix to Showcase Its EMG-Edge Management Gateway at Cisco Live in Barcelona

Scalable and Secure Out-of-Band Management Solution Scalable and Secure Out-of-Band Management Solution
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Lantronix Blogs

November 19, 2019

Out-of-Band Management – Part 1: What, Why, Where and When?

A 2019 Update Back in 2016 Lantronix looked at the Out-of-Band Management (OOBM) trend and provided some insightful observations to help Chief Networking Officers and Branch Network Managers keep up with the latest changes and options for OOBM. So we felt with the explosion of connected devices in 2…
October 30, 2019

Digital Transformation Driving Shift in Networking Traffic Flows – Are You Ready?

According to Wikipedia, Digital Transformation is the use of new, fast and frequently changing digital technology to solve problems often using cloud computing and SaaS (Software-as-a-Service). This definition in itself sounds quite straight forward and in today’s business world is critical to every…
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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.