LightPath Technologies market cap is $38 m, and annual revenue was $33.75 m in FY 2019

LightPath Technologies Gross profit (Q2, 2020)3.9 M

LightPath Technologies Gross profit margin (Q2, 2020), %40.9%

LightPath Technologies Net income (Q2, 2020)769.1 K

LightPath Technologies EBIT (Q2, 2020)1.1 M

LightPath Technologies Cash, 31-Dec-20194.3 M

LightPath Technologies EV40.2 M

LightPath Technologies revenue was $33.75 m in FY, 2019 which is a 3.8% year over year increase from the previous period.

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

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 17.3m | 28.4m | 32.5m | 33.7m |

| 26% | 64% | 15% | 4% |

## Cost of goods sold | 8.0m | 13.6m | 20.0m | 21.2m |

## Gross profit | 9.3m | 14.7m | 12.5m | 12.5m |

| 54% | 52% | 39% | 37% |

## R&D expense | 668.8k | 1.2m | 1.6m | 2.0m |

## General and administrative expense | 6.6m | 8.7m | 9.2m | 10.5m |

## Operating expense total | 7.3m | 10.6m | 12.2m | 13.7m |

## Depreciation and amortization | 693.9k | 1.3m | 1.2m | |

## EBIT | 2.0m | 4.1m | 373.6k | (1.1m) |

| 12% | 15% | 1% | (3%) |

## Interest expense | 37.6k | 413.4k | 186.9k | 697.1k |

## Pre tax profit | 1.6m | 3.4m | 233.0k | (2.2m) |

## Income tax expense | 199.3k | (4.3m) | (827.1k) | 455.2k |

## Net Income | 1.4m | 7.7m | 1.1m | (2.7m) |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 2.9m | 8.1m | 5.5m | 4.6m |

## Accounts Receivable | 3.5m | 5.9m | 5.4m | 6.2m |

## Prepaid Expenses | 652.3k | 641.5k | 1.1m | 754.6k |

## Inventories | 3.8m | 5.1m | 6.4m | 7.7m |

## Current Assets | 11.2m | 19.7m | 19.4m | 19.6m |

## PP&E | 4.4m | 10.3m | 11.8m | 11.7m |

## Goodwill | 5.9m | 5.9m | 5.9m | |

## Total Assets | 15.6m | 46.7m | 47.1m | 46.0m |

## Accounts Payable | 1.4m | 1.5m | 2.0m | 2.2m |

## Short-term debt | 166.5k | 1.4m | 1.8m | 1.5m |

## Current Liabilities | 3.2m | 5.8m | 5.7m | 6.4m |

## Long-term debt | 178.9k | 10.1m | 5.7m | 6.2m |

## Total Debt | 345.4k | 11.4m | 7.4m | 7.7m |

## Total Liabilities | 4.7m | 17.0m | 11.8m | 12.5m |

## Common Stock | 155.9k | 242.2k | 257.6k | 258.1k |

## Additional Paid-in Capital | 214.7m | 225.5m | 229.9m | 230.3m |

## Retained Earnings | (204.0m) | (196.3m) | (195.2m) | (197.9m) |

## Total Equity | 10.9m | 29.7m | 35.4m | 33.5m |

## Debt to Equity Ratio | 0 x | 0.4 x | 0.2 x | 0.2 x |

## Debt to Assets Ratio | 0 x | 0.2 x | 0.2 x | 0.2 x |

## Financial Leverage | 1.4 x | 1.6 x | 1.3 x | 1.4 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 1.4m | 7.7m | 1.1m | (2.7m) |

## Depreciation and Amortization | 848.0k | 2.1m | 3.4m | 3.5m |

## Accounts Receivable | (650.8k) | (1.0m) | 618.4k | (833.7k) |

## Inventories | (916.9k) | (318.6k) | (1.3m) | (1.4m) |

## Accounts Payable | 724.1k | 846.5k | (178.1k) | 883.2k |

## Cash From Operating Activities | 1.5m | 5.0m | 2.6m | 411.2k |

## Purchases of PP&E | (1.1m) | (2.2m) | (2.5m) | (1.9m) |

## Cash From Investing Activities | (1.1m) | (14.0m) | (2.5m) | (1.2m) |

## Long-term Borrowings | (182.9k) | (193.9k) | (5.0m) | (7.2m) |

## Cash From Financing Activities | 236.9k | 14.2m | (1.3m) | (1.4m) |

## Net Change in Cash | 1.3m | 5.2m | (1.6m) | (1.9m) |

## Interest Paid | 37.6k | 334.6k | 546.3k | 501.0k |

## Income Taxes Paid | 4.3k | 680.1k | 386.5k | 406.5k |

USD | Y, 2019 |
---|---|

## EV/EBIT | 38 x |

## EV/CFO | 42.8 x |

## Financial Leverage | 1.4 x |

LightPath Technologies's Units Shipped was reported to be 2.4 m in FY, 2018. LightPath Technologies's Backlog was reported to be $12.8m in FY, 2018.

FY, 2016 | FY, 2017 | FY, 2018 | |
---|---|---|---|

## Backlog | $6.60 m | $9.32 m | $12.83 m |

## Units Shipped | 1.92 m | 2.73 m | 2.42 m |

## Units Shipped (Low Volume Precision Molded Optics) | 301.49 k | 364.33 k | 299.29 k |

## Units Shipped (High Volume Precision Molded Optics) | 1.45 m | 2.16 m | 1.91 m |

## Units Shipped (Infrared Products) | 32.63 k | 106.82 k | 153.26 k |

## Units Shipped (Speciality Products) | 137.54 k | 91.10 k | 62.18 k |

## Units Shipped (Non-Recurring Engineering) | 1.91 k | 58 | 29 |