OverviewSuggest Edit

LightPath Technologies is a provider of optical solutions for industrial, defense, communications, test and measurement, and medical applications. The company designs, manufactures and distributes optical and infrared components, such as molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, and fused fiber collimators. LightPath Technologies also offers custom optical assemblies, including full engineering design support for optics and mechanics.
TypePublic
Founded1985
HQOrlando, FL, US
Websitelightpath.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Jun 2019)339(+3%)
Revenue (FY, 2020)$35 M(+4%)
Share Price (Jun 2021)$2.8(+3%)
Cybersecurity ratingCMore

Key People/Management at LightPath Technologies

Sam Rubin

Sam Rubin

President/CEO
Alan Symmons

Alan Symmons

Chief Operating Officer
Mark Palvino

Mark Palvino

VP of Global Sales & Marketing
Darcie Peck

Darcie Peck

Director
Joseph Menaker

Joseph Menaker

Director
Robert Ripp

Robert Ripp

Chairman of the Board
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LightPath Technologies Office Locations

LightPath Technologies has offices in Orlando, Shanghai and Zhenjiang
Orlando, FL, US (HQ)
2603 Challenger Tech Ct #100
Shanghai, CN
1608, 1118 Ye Cheng Lu, Jiading Qu
Zhenjiang, CN
Jingjiu Rd, Jingkou Qu
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LightPath Technologies Financials and Metrics

LightPath Technologies Revenue

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LightPath Technologies's revenue was reported to be $34.97 m in FY, 2020
USD

Revenue (Q3, 2021)

10.7m

Gross profit (Q3, 2021)

3.9m

Gross profit margin (Q3, 2021), %

36.5%

Net income (Q3, 2021)

(222.6k)

EBIT (Q3, 2021)

166.7k

Market capitalization (11-Jun-2021)

73.3m

Closing stock price (11-Jun-2021)

2.8

Cash (31-Mar-2021)

5.9m

EV

74.1m
LightPath Technologies's current market capitalization is $73.3 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

28.4m32.5m33.7m35.0m

Revenue growth, %

64%15%4%

Cost of goods sold

13.6m20.0m21.2m21.1m

Gross profit

14.7m12.5m12.5m13.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

7.6m8.4m8.5m8.5m8.5m7.9m7.6m9.6m8.7m9.5m9.9m10.7m

Cost of goods sold

4.3m4.8m5.2m5.5m5.0m4.8m5.2m5.7m4.7m5.7m6.3m6.8m

Gross profit

3.3m3.5m3.3m3.0m3.5m3.1m2.4m3.9m4.0m3.9m3.6m3.9m

Gross profit Margin, %

43%42%39%36%41%39%32%41%46%40%37%36%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

8.1m5.5m4.6m5.4m

Accounts Receivable

5.9m5.4m6.2m6.2m

Prepaid Expenses

641.5k1.1m754.6k565.2k

Inventories

5.1m6.4m7.7m9.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

8.1m7.7m6.4m4.5m3.6m4.6m4.7m4.3m4.4m5.4m5.3m5.9m

Accounts Receivable

5.2m5.7m5.7m5.2m6.2m5.9m5.5m7.4m6.3m6.3m6.8m6.2m

Prepaid Expenses

665.8k629.4k1.0m1.2m861.4k934.1k563.0k415.9k875.3k666.5k346.4k487.9k

Inventories

5.4m5.8m6.4m6.4m6.7m7.6m8.0m7.5m8.2m9.6m9.7m8.9m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

7.7m1.1m(2.7m)866.9k

Depreciation and Amortization

2.1m3.4m3.5m3.4m

Inventories

(318.6k)(1.3m)(1.4m)(1.4m)

Accounts Payable

846.5k(178.1k)883.2k97.2k
USDFY, 2017

Revenue/Employee

92.1k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
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LightPath Technologies Operating Metrics

LightPath Technologies's Units Shipped was reported to be 2.6 m in FY, 2019. LightPath Technologies's Backlog was reported to be $17.1m in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$6.6 m$9.32 m$12.83 m$17.12 m

Units Shipped

1.92 m2.73 m2.42 m2.59 m

Units Shipped (Low Volume Precision Molded Optics)

301.49 k364.33 k299.29 k

Units Shipped (High Volume Precision Molded Optics)

1.45 m2.16 m1.91 m
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LightPath Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
ISP Optics CorporationAugust 08, 2016$18 m
GelTech Inc.September 20, 2004
Horizon PhotonicsApril 17, 2000$36.2 m
ISP Optics Latvia, SIA
LightPath Optical Instrumentation (Shanghai) Co., Ltd
LightPath Optical Instrumentation (Zhenjiang) Co., Ltd

LightPath Technologies Revenue Breakdown

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LightPath Technologies revenue breakdown by business segment: 41.8% from Precision Molded Optics, 51.2% from Infrared Products and 7.1% from Speciality Products

LightPath Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

LightPath Technologies Online and Social Media Presence

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LightPath Technologies News and Updates

Thinking about buying stock in LightPath Technologies, Minerva Neurosciences, Cerecor, Eloxx Pharmaceuticals, or Soleno Therapeutics?

NEW YORK, May 19, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LPTH, NERV, CERC, ELOX, and SLNO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

LightPath Technologies Blogs

LightPath Announces Participation in the Mars Exploration Program

The post LightPath Announces Participation in the Mars Exploration Program appeared first on LightPath Technologies.

LightPath Technologies Appoints Vice President of Operations

The post LightPath Technologies Appoints Vice President of Operations appeared first on LightPath Technologies.

LightPath Announces Participation in DCS Digital Forum

ORLANDO, FL – April 6, 2021 — LightPath Technologies, Inc. (NASDAQ:LPTH) (“LightPath,” the “Company,” or “we”), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced its participation as a featured…

LightPath Appoints Mobile Technology Veteran Eric Creviston to Board of Directors

The post LightPath Appoints Mobile Technology Veteran Eric Creviston to Board of Directors appeared first on LightPath Technologies.

LightPath Announces Participation in Photonics West

ORLANDO, FL – March 2, 2021 — LightPath Technologies, Inc. (NASDAQ:LPTH) (“LightPath,” the “Company,” or “we”), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced its participation in the SPIE P…

LightPath Announces Factory Expansion in Riga, Latvia for New Production Coating Facility to Accommodate Increased Infrared Demand

ORLANDO, FL / ACCESSWIRE / January 21, 2021 / LightPath Technologies, Inc. (NASDAQ:LPTH) (“LightPath,” the “Company,” or “we”), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, today announced the completion …
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LightPath Technologies Frequently Asked Questions

  • When was LightPath Technologies founded?

    LightPath Technologies was founded in 1985.

  • Who are LightPath Technologies key executives?

    LightPath Technologies's key executives are Sam Rubin, Alan Symmons and Mark Palvino.

  • How many employees does LightPath Technologies have?

    LightPath Technologies has 339 employees.

  • What is LightPath Technologies revenue?

    Latest LightPath Technologies annual revenue is $35 m.

  • What is LightPath Technologies revenue per employee?

    Latest LightPath Technologies revenue per employee is $103.2 k.

  • Who are LightPath Technologies competitors?

    Competitors of LightPath Technologies include Incom, Qioptiq and Edmund Optics.

  • Where is LightPath Technologies headquarters?

    LightPath Technologies headquarters is located at 2603 Challenger Tech Ct #100, Orlando.

  • Where are LightPath Technologies offices?

    LightPath Technologies has offices in Orlando, Shanghai and Zhenjiang.

  • How many offices does LightPath Technologies have?

    LightPath Technologies has 3 offices.