OverviewSuggest Edit

LGL Group is a company engaged in the design, manufacture, and marketing of standard and custom-engineered electronic components. Its Electronic Components segment is focused on the design and manufacture of highly-engineered and spectrum control products. These electronic components aim to ensure security in aerospace and defense communications, low noise and base accuracy for laboratory instruments, and synchronous data transfers throughout the wireless and Internet infrastructure. LGL's Electronic Instruments segment is focused on the design and manufacture of high-performance frequency and time reference standards that form the basis for timing and synchronization in various applications.

TypePublic
Founded1917
HQOrlando, US
Websitelglgroup.com

Locations

LGL Group is headquartered in
Orlando, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)183(+26%)
Revenue (FY, 2019)$31.9 M(+29%)
Share Price (Oct 2020)$9.2 (-1%)
Cybersecurity ratingBMore

Key People/Management at LGL Group

Ivan Arteaga

Ivan Arteaga

Chief Executive Officer and Director
James W. Tivy

James W. Tivy

Chief Financial Officer
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LGL Group Office Locations

LGL Group has offices in Orlando, Austin, Sacramento, Wakefield and in 2 other locations
Orlando, US (HQ)
2525 Shader Rd
Show all (6)

LGL Group Financials and Metrics

LGL Group Revenue

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View revenue for all periods
LGL Group's revenue was reported to be $31.90 m in FY, 2019 which is a 28.3% increase from the previous period.
USD

Revenue (Q2, 2020)

7.1m

Gross profit (Q2, 2020)

2.2m

Gross profit margin (Q2, 2020), %

31.8%

Net income (Q2, 2020)

255.0k

EBIT (Q2, 2020)

184.0k

Market capitalization (20-Oct-2020)

48.0m

Closing stock price (20-Oct-2020)

9.2

Cash (30-Jun-2020)

16.6m

EV

31.7m
LGL Group's current market capitalization is $48 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

22.4m24.9m31.9m

Revenue growth, %

7%11%28%

Cost of goods sold

14.7m15.2m19.4m

Gross profit

7.7m9.7m12.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

5.6m5.9m5.3m5.9m6.2m6.3m6.6m7.8m8.6m8.6m7.1m

Cost of goods sold

3.6m4.0m3.5m3.7m3.6m3.8m4.2m4.7m5.0m5.7m4.8m

Gross profit

2.1m1.9m1.7m2.2m2.6m2.5m2.4m3.1m3.5m3.0m2.2m

Gross profit Margin, %

37%32%33%37%42%40%36%40%41%34%32%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

13.3m15.5m12.5m

Accounts Receivable

3.4m3.4m4.4m

Prepaid Expenses

229.0k242.0k365.0k

Inventories

3.9m4.5m6.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

2.0m2.2m2.0m1.5m1.6m2.4m10.3m9.8m11.2m16.6m16.6m

Accounts Receivable

3.2m3.1m3.2m3.7m3.9m4.1m4.4m5.0m4.9m4.8m4.5m

Prepaid Expenses

294.0k207.0k214.0k262.0k168.0k285.0k295.0k271.0k352.0k341.0k266.0k

Inventories

4.1m4.1m3.9m4.0m4.3m4.4m5.2m5.8m6.5m6.0m6.0m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

117.0k1.4m7.0m

Depreciation and Amortization

642.0k492.0k493.0k

Inventories

(237.0k)(591.0k)(1.5m)

Accounts Payable

(128.0k)125.0k1.2m
USDQ1, 2017

Financial Leverage

1.2 x
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LGL Group Operating Metrics

LGL Group's Backlog was reported to be $21.9m in FY, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Backlog

$8.79 m$8.68 m$8.86 m$8.78 m$8.80 m$9.02 m$9.68 m$11.02 m$10.55 m$10.88 m$10.88 m$9.92 m$11.71 m$13.29 m$14.48 m$16.06 m$17.51 m$21.30 m$24.48 m$23.29 m$21.86 m
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LGL Group Acquisitions / Subsidiaries

Company NameDateDeal Size
GC Opportunities Ltd.
Lynch Systems, Inc.
M-tron Asia, LLC
M-tron Industries, Inc.
M-tron Industries, Ltd.
M-tron Services, Ltd.
M-tron Systems Holdings, LLC
Piezo Technology, Inc.
Piezo Technology India Private Ltd.
Precise Time and Frequency, LLC

LGL Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

LGL Group Revenue Breakdown

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LGL Group revenue breakdown by business segment: 95.8% from Electronic Components and 4.2% from Other

LGL Group revenue breakdown by geographic segment: 26.6% from Foreign and 73.4% from Domestic

LGL Group Online and Social Media Presence

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LGL Group Frequently Asked Questions

  • When was LGL Group founded?

    LGL Group was founded in 1917.

  • Who are LGL Group key executives?

    LGL Group's key executives are Ivan Arteaga and James W. Tivy.

  • How many employees does LGL Group have?

    LGL Group has 183 employees.

  • What is LGL Group revenue?

    Latest LGL Group annual revenue is $31.9 m.

  • What is LGL Group revenue per employee?

    Latest LGL Group revenue per employee is $174.3 k.

  • Who are LGL Group competitors?

    Competitors of LGL Group include Aethercomm, Microwave Innovations and Brandywine Communications.

  • Where is LGL Group headquarters?

    LGL Group headquarters is located at 2525 Shader Rd, Orlando.

  • Where are LGL Group offices?

    LGL Group has offices in Orlando, Austin, Sacramento, Wakefield and in 2 other locations.

  • How many offices does LGL Group have?

    LGL Group has 6 offices.