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Lighting Science Group Corporation designs, develops, and markets general illumination products that use light emitting diodes (LEDs) as their light source for retailers and original equipment manufacturers. It offers a range of LED retrofit lamps to fit into existing light fixtures, and LED luminaires comprising FreeLED, a street lighting solution that uses solar energy as its power source. The Company also provides biological lighting products, which include Good Night and Good Day circadian replacement lamps, VividGro grow light product, MyNature Coastal lamps and outdoor luminaires, and MyNature Grow lighting lamps and high bay luminaires.

TypePublic
Founded2000
HQWest Warwick, US
Websitelsgc.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Feb 2019)50
Revenue (FY, 2016)$52.7 M(-33%)

Key People/Management at Lighting Science Group

Ed Bednarcik

Ed Bednarcik

CEO
Khim Lee

Khim Lee

President
Fred Maxik

Fred Maxik

Founder and CTO
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Lighting Science Group Office Locations

Lighting Science Group has offices in West Warwick and Cocoa Beach
West Warwick, US (HQ)
1350 Division Rd #204
Cocoa Beach, US
801 N Atlantic Ave
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Lighting Science Group Financials and Metrics

Lighting Science Group Revenue

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View revenue for all periods
Lighting Science Group's revenue was reported to be $52.70 m in FY, 2016 which is a 33.9% decrease from the previous period.
USD

Revenue (Q1, 2017)

9.3m

Gross profit (Q1, 2017)

2.0m

Gross profit margin (Q1, 2017), %

21.2%

Net income (Q1, 2017)

(7.8m)

EBIT (Q1, 2017)

(4.6m)

Market capitalization (1-Oct-2018)

2.1m

Cash (31-Mar-2017)

1.8m

EV

2.6m
Lighting Science Group's current market capitalization is $2.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

109.0m127.1m83.2m91.3m79.7m52.7m

Revenue growth, %

10%(13%)(34%)

Cost of goods sold

129.2m146.9m98.0m87.7m68.5m46.4m

Gross profit

(20.2m)(19.8m)(14.8m)3.6m11.2m6.3m
Quarterly
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.1m15.8m11.2m1.6m647.5k1.9m

Accounts Receivable

29.0m13.1m7.8m10.4m7.7m4.1m

Prepaid Expenses

9.2m2.5m1.9m2.9m1.2m

Inventories

44.9m29.0m19.1m22.7m21.4m16.4m
USDY, 2017

EV/EBIT

-0.6 x

EV/CFO

-0.4 x

Debt/Assets

0.1 x
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Lighting Science Group Online and Social Media Presence

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Lighting Science Group Blogs

LIGHTING SCIENCE ANNOUNCES LAUNCH OF AIR-SANITIZING CLEANSE™ LUMINAIRE

Lighting Science announces the launch of a revolutionary new LED luminaire that reduces airborne pathogens responsible for numerous illnesses. Cleanse™ is an easy-to-install, air-sanitizing luminaire that decreases the levels of airborne particles, including microorganisms.More

Lighting Science featured in INC Magazine Article on Circadian Lighting in the Workplace

Fluorescent light bulbs aren't exactly doing much to beautify your office. They also could be costing your company productivity.  That's according to Fred Maxik. A physicist by training, Maxik began his career... More

SleepScore Labs Confirms Sleep Benefits Resulting From Use of GoodNight®️ Sleep-Enhancing Lights Before Bed

SleepScore Labs today revealed results supporting the effectiveness of the GoodNight®️ LED Sleep-Enhancing Lights, created by SleepScore’s ecosystem partner, Lighting Science Group.More

VividGro, a Pegasus Capital Advisors Portfolio Company, Announces Partnership with Merida Capital Partners

Partnership to Focus on Growth in Horticultural and Cannabis IndustriesMore

MAINE HOME + DESIGN features Lighting Science work at the Nature Conservancy

Briburn Architects in Portland is seeking to save the planet, one thoughtfully designed building at a time.  The idea for Briburn Architects began on a boat. More

Lighting Science Group Frequently Asked Questions

  • When was Lighting Science Group founded?

    Lighting Science Group was founded in 2000.

  • Who are Lighting Science Group key executives?

    Lighting Science Group's key executives are Ed Bednarcik, Khim Lee and Fred Maxik.

  • How many employees does Lighting Science Group have?

    Lighting Science Group has 50 employees.

  • What is Lighting Science Group revenue?

    Latest Lighting Science Group annual revenue is $52.7 m.

  • What is Lighting Science Group revenue per employee?

    Latest Lighting Science Group revenue per employee is $1.1 m.

  • Who are Lighting Science Group competitors?

    Competitors of Lighting Science Group include Alphalite, International Light Technologies and Electrix.

  • Where is Lighting Science Group headquarters?

    Lighting Science Group headquarters is located at 1350 Division Rd #204, West Warwick.

  • Where are Lighting Science Group offices?

    Lighting Science Group has offices in West Warwick and Cocoa Beach.

  • How many offices does Lighting Science Group have?

    Lighting Science Group has 2 offices.