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 also offers custom optical assemblies, including full engineering design support for optics and mechanics.

TypePublic
Founded1985
HQOrlando, US
Websitelightpath.com

Latest Updates

Employees (est.) (Jun 2019)339(+3%)
Revenue (FY, 2020)$35 M(+4%)
Share Price (Sept 2020)$2.3
Cybersecurity ratingBMore

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 Rīga
Orlando, US (HQ)
2603 Challenger Tech Ct #100
Shanghai, CN
1608, 1118 Ye Cheng Lu, Jiading Qu
Rīga, LV
Ganību dambis 24a, Ziemeļu rajons
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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 (FY, 2020)

35.0m

Gross profit (FY, 2020)

13.8m

Gross profit margin (FY, 2020), %

39.6%

Net income (FY, 2020)

866.9k

EBIT (FY, 2020)

2.1m

Market capitalization (14-Sept-2020)

60.6m

Closing stock price (14-Sept-2020)

2.3

Cash (30-Jun-2020)

5.4m

EV

62.6m
LightPath Technologies's current market capitalization is $60.6 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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

43%42%39%36%41%39%32%41%46%
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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

5.4m5.8m6.4m6.4m6.7m7.6m8.0m7.5m8.2m
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

$6.60 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$36.20 m
ISP Optics Latvia, SIA
LightPath Optical Instrumentation (Shanghai) Co., Ltd
LightPath Optical Instrumentation (Zhenjiang) Co., Ltd

LightPath Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

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 Online and Social Media Presence

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LightPath Technologies News and Updates

LightPath Technologies Blogs

LightPath Technologies Announces COVID-19 Actions and Preliminary Results for Third Quarter of Fiscal 2020

Press Release The post LightPath Technologies Announces COVID-19 Actions and Preliminary Results for Third Quarter of Fiscal 2020 appeared first on LightPath Technologies.

LightPath Technologies Continues to Experience High Market Demand for its Molded BD6 Family of Thermal Lenses

Press Release The post LightPath Technologies Continues to Experience High Market Demand for its Molded BD6 Family of Thermal Lenses appeared first on LightPath Technologies.

LightPath Technologies’ Board of Directors Elects Mr. Sam Rubin as President and CEO

Press Release The post LightPath Technologies’ Board of Directors Elects Mr. Sam Rubin as President and CEO appeared first on LightPath Technologies.

LightPath Technologies Enters Into Supply Agreement for IR Thermal Sensing Program

Press Release The post LightPath Technologies Enters Into Supply Agreement for IR Thermal Sensing Program appeared first on LightPath Technologies.

LightPath Technologies Wins $2.8 million Order for BD6 Thermal Imaging Assemblies from Major Defense Contractor

Press Release The post LightPath Technologies Wins $2.8 million Order for BD6 Thermal Imaging Assemblies from Major Defense Contractor appeared first on LightPath Technologies.

LightPath Technologies Schedules Fiscal 2020 Second Quarter Financial Results Conference Call for February 6, 2020

Press Release The post LightPath Technologies Schedules Fiscal 2020 Second Quarter Financial Results Conference Call for February 6, 2020 appeared first on LightPath Technologies.
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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 Qioptiq, Edmund Optics and JML Optical Industries.

  • 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 Rīga.

  • How many offices does LightPath Technologies have?

    LightPath Technologies has 3 offices.