Lightbridge Corporation (LTBR) 10-Year Financial Performance & Capital Metrics

LTBR • • Industrial / General

IndustrialsElectrical EquipmentEnergy Storage SystemsAdvanced Battery Technologies

AboutLightbridge Corporation, together with its subsidiaries, engages in the design and development of nuclear fuel technology under the Lightbridge Fuel name. It focuses on developing and commercializing metallic nuclear fuels that could enhance resistance of nuclear fuel in existing and new nuclear reactors with a meaningful impact on addressing climate change and air pollution. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.Show more

Revenue $0
EBITDA -$12M -30.4%
Net Income -$12M -49.0%
EPS (Diluted) -0.81 -24.6%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -33.95% -24.5%
ROIC -2304.35% +9.8%
Debt/Equity -
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Shares diluted 19.7% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-59.75%

EPS CAGR

10Y-

5Y-

3Y-

TTM-12.16%

ROCE

10Y Avg-85.21%

5Y Avg-37.15%

3Y Avg-32.56%

Latest-37.61%

Peer Comparison

Advanced Battery Technologies

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
SDSTWStardust Power Inc.		0.11	-0.19			-8.42%
SDSTStardust Power Inc.	35.84M	3.65	-0.66
STISolidion Technology Inc.	63.75M	8.79	-0.68	-100%	-640.89%
NVXNovonix Limited	285.63M	1.36	-2.27	-51.75%	-8.76%	-81.63%	0.51
ENVXEnovix Corporation	1.69B	7.82	-6.16	201.86%	-481.35%	-61.96%	0.77
SLDPSolid Power, Inc.	1.08B	5.63	-10.43	15.67%	-468.64%	-25.42%	0.02
LTBRLightbridge Corporation	568.76M	17.57	-21.69			-10.64%
AMPXAmprius Technologies, Inc.	1.32B	10.15	-22.56	168.08%	-53.16%	-30.09%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	910.53K	760.58K	175.45K	0	0	0	0	0	0	0
Revenue Growth %	-0.3%	-0.16%	-0.77%	-1%	-	-	-	-	-	-
Cost of Goods Sold+	694.29K	456.56K	107.09K	0	89.62K	100.12K	0	0	0	0
COGS % of Revenue	0.76%	0.6%	0.61%	-	-	-	-	-	-	-
Gross Profit+	216.24K	304.01K	68.36K	0	-89.62K	-100.12K	0	0	0	0
Gross Margin %	0.24%	0.4%	0.39%	-	-	-	-	-	-	-
Gross Profit Growth %	-0.61%	0.41%	-0.78%	-1%	-	-0.12%	1%	-	-	-
Operating Expenses+	6.83M	7.94M	6.67M	10.17M	7.66M	9.1M	7.88M	7.79M	9.04M	13.06M
OpEx % of Revenue	7.51%	10.44%	37.99%	-	-	-	-	-	-	-
Selling, General & Admin	5.35M	5.19M	4.38M	6.71M	5.7M	8.21M	7.16M	7.49M	7.15M	8.46M
SG&A % of Revenue	5.88%	6.83%	24.98%	-	-	-	-	-	-	-
Research & Development	1.48M	2.75M	2.28M	3.46M	2.68M	891.63K	838.57K	669.82K	1.92M	4.6M
R&D % of Revenue	1.63%	3.61%	13.01%	-	-	-	-	-	-	-
Other Operating Expenses	-6.76K	0	0	0	-715K	0	-119.64K	-372.61K	-31.03K	-1K
Operating Income+	-6.62M	-7.63M	-6.6M	-10.17M	-11.07M	-9.2M	-7.88M	-7.79M	-9.04M	-13.06M
Operating Margin %	-7.27%	-10.04%	-37.61%	-	-	-	-	-	-	-
Operating Income Growth %	-0.37%	-0.15%	0.14%	-0.54%	-0.09%	0.17%	0.14%	0.01%	-0.16%	-0.44%
EBITDA+	-8.92M	0	0	0	-10.98M	-9.1M	-8M	-7.79M	-9.04M	-11.79M
EBITDA Margin %	-9.79%	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.86%	1%	-	-	-	0.17%	0.12%	0.03%	-0.16%	-0.3%
D&A (Non-Cash Add-back)	-2.3M	7.63M	6.6M	10.17M	89.62K	100.12K	0	0	0	0
EBIT	-4.31M	-6.32M	-7.09M	-14.69M	-10.68M	-14.42M	-8M	-7.79M	-9.04M	-11.79M
Net Interest Income+	-6.06K	-220K	-507K	-724K	393.11K	83.88K	8.13K	289.44K	1.13M	1.27M
Interest Income	705	316	0	258.8K	393.11K	83.88K	8.13K	289.44K	1.13M	1.27M
Interest Expense	6.76K	220.79K	507.31K	982.44K	0	0	0	0	0	0
Other Income/Expense	2.3M	1.29M	-507K	-5.5M	393.11K	-5.21M	41.82K	289.44K	1.13M	1.27M
Pretax Income+	-4.32M	-6.34M	-7.11M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Pretax Margin %	-4.74%	-8.34%	-40.5%	-	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	-4.32M	-6.34M	-7.11M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Net Margin %	-4.74%	-8.34%	-40.5%	-	-	-	-	-	-	-
Net Income Growth %	0.1%	-0.47%	-0.12%	-1.21%	0.32%	-0.35%	0.46%	0.04%	-0.05%	-0.49%
Net Income (Continuing)	-4.32M	-6.34M	-7.11M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-14.16	-16.10	-8.18	-7.06	-2.21	-3.59	-1.71	-0.69	-0.65	-0.81
EPS Growth %	0.02%	-0.14%	0.49%	0.14%	0.69%	-0.62%	0.52%	0.6%	0.06%	-0.25%
EPS (Basic)	-14.16	-16.10	-8.18	-7.06	-2.21	-3.59	-1.71	-0.69	-0.65	-0.81
Diluted Shares Outstanding	303.99K	394.08K	868.7K	2.22M	3.11M	4.22M	7.04M	10.84M	12.1M	14.49M
Basic Shares Outstanding	303.99K	394.08K	868.7K	2.22M	3.11M	4.22M	7.04M	10.84M	12.1M	14.49M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.26M	4.66M	5.09M	24.77M	18.41M	21.7M	24.86M	29.02M	28.81M	40.32M
Cash & Short-Term Investments	623.18K	3.58M	4.52M	24.64M	17.96M	21.53M	24.75M	28.9M	28.6M	39.99M
Cash Only	623.18K	3.58M	4.52M	24.64M	17.96M	21.53M	24.75M	28.9M	28.6M	39.99M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	139.8K	388.43K	10.4K	93.25K	400K	0	0	0	0	0
Days Sales Outstanding	56.04	186.41	21.64	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	325.83K	605.18K	491.17K	0	0	0	0	115.26K	207.06K	324.38K
Total Non-Current Assets+	950.59K	2.14M	1.86M	1.58M	1.15M	85.56K	101.58K	453.23K	591.87K	637.67K
Property, Plant & Equipment	0	0	0	0	0	0	0	0	0	0
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	950.59K	1.16M	1.37M	1.58M	1.15M	85.56K	101.58K	108.22K	108.86K	108.86K
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	982.49K	491.27K	0	0	0	0	345K	483K	528.8K
Total Assets+	2.21M	6.8M	6.95M	26.34M	19.55M	21.79M	24.96M	29.47M	29.4M	40.95M
Asset Turnover	0.41x	0.11x	0.03x	-	-	-	-	-	-	-
Asset Growth %	-0.64%	2.08%	0.02%	2.79%	-0.26%	0.11%	0.15%	0.18%	-0%	0.39%
Total Current Liabilities+	1.18M	1.22M	1.15M	476.32K	350.3K	4.58M	171.52K	350.33K	486.33K	424.58K
Accounts Payable	300K	1.22M	1.15M	258.06K	350.3K	200K	100K	200K	100K	200K
Days Payables Outstanding	157.71	972.13	3.92K	-	1.43K	729.15	-	-	-	-
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	-17.63K	-400K	-600K	218.26K	0	-17.87K	-28.48K	0	0	0
Current Ratio	1.06x	3.83x	4.42x	52.00x	52.54x	4.74x	144.94x	82.82x	59.23x	94.95x
Quick Ratio	1.06x	3.83x	4.42x	52.00x	52.54x	4.74x	144.94x	82.82x	59.23x	94.95x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	2.52M	28.46K	0	0	0	0	0	0	0	0
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	196.94K	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	2.33M	28.46K	0	0	0	0	0	0	0	0
Total Liabilities	3.71M	1.24M	1.15M	476.32K	350.3K	4.58M	171.52K	350.33K	486.33K	424.58K
Total Debt+	0	0	0	0	0	0	0	0	0	0
Net Debt	-623.18K	-3.58M	-4.51M	-24.64M	-17.96M	-21.53M	-24.75M	-28.9M	-28.6M	-39.99M
Debt / Equity	-	-	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-978.70x	-34.58x	-13.01x	-10.36x	-	-	-	-	-	-
Total Equity+	-1.5M	5.56M	5.79M	25.87M	19.2M	17.21M	24.79M	29.12M	28.91M	40.53M
Equity Growth %	-2.96%	4.71%	0.04%	3.46%	-0.26%	-0.1%	0.44%	0.17%	-0.01%	0.4%
Book Value per Share	-4.93	14.10	6.67	11.65	6.18	4.08	3.52	2.69	2.39	2.80
Total Shareholders' Equity	-1.5M	5.56M	5.79M	25.87M	19.2M	17.21M	24.79M	29.12M	28.91M	40.53M
Common Stock	3.73K	7.11K	12.74K	2.74K	3.25K	6.57K	9.76K	11.9K	13.7K	18.78K
Retained Earnings	-74.37M	-80.72M	-87.82M	-103.5M	-114.74M	-129.16M	-136.99M	-144.49M	-152.4M	-164.18M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.65M	-5.98M	-5M	-7.42M	-6.67M	-8.57M	-11.04M	-6.76M	-6.48M	-9.49M
Operating CF Margin %	-4.01%	-7.86%	-28.52%	-	-	-	-	-	-	-
Operating CF Growth %	0.15%	-0.64%	0.16%	-0.48%	0.1%	-0.29%	-0.29%	0.39%	0.04%	-0.46%
Net Income	-4.32M	-6.35M	-7.1M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Depreciation & Amortization	0	0	0	0	89.62K	100.12K	0	0	0	0
Stock-Based Compensation	1.88M	1.98M	1.19M	2.38M	822.82K	53.34K	826.49K	842.7K	1.26M	2.04M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-1.87M	-1.29M	545.09K	6.82M	3.32M	1.19M	254.99K	45K	45K	110.81K
Working Capital Changes	658.62K	-323.02K	363.17K	-942.68K	-225.13K	4.51M	-4.28M	-153K	121.2K	144.33K
Change in Receivables	329.29K	-248.64K	378.03K	-82.85K	-306.75K	400K	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	92.24K	31.83K	-140.92K	193.81K	351K	193.26K
Cash from Investing+	-117.03K	-209.87K	-207.23K	-5.83M	-3.76M	-210.44K	-16.02K	-6.64K	-640	0
Capital Expenditures	-117.03K	-209.87K	-207.23K	-209.73K	-221.06K	-210.44K	-16.02K	-6.64K	-640	0
CapEx % of Revenue	0.13%	0.28%	1.18%	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	170.85K	9.15M	6.14M	33.37M	3.75M	12.35M	14.27M	10.92M	6.18M	20.89M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-651	211.82K	114.01K	0	0	25.01K	-553K	-104.6K	-221.61K	-526.43K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-3.77M	-6.19M	-5.21M	-7.63M	-6.89M	-8.78M	-11.05M	-6.77M	-6.49M	-9.49M
FCF Margin %	-4.14%	-8.13%	-29.7%	-	-	-	-	-	-	-
FCF Growth %	0.15%	-0.64%	0.16%	-0.46%	0.1%	-0.27%	-0.26%	0.39%	0.04%	-0.46%
FCF per Share	-12.39	-15.70	-6.00	-3.44	-2.22	-2.08	-1.57	-0.62	-0.54	-0.66
FCF Conversion (FCF/Net Income)	0.85x	0.94x	0.70x	0.47x	0.62x	0.59x	1.41x	0.90x	0.82x	0.81x
Interest Paid	0	2.43K	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-312.68%	-125.17%	-99.02%	-47.38%	-79.2%	-37.31%	-27.82%	-27.26%	-33.95%
Return on Invested Capital (ROIC)	-	-	-304.33%	-607.89%	-671.42%	-	-	-4463.96%	-2555.28%	-2304.35%
Gross Margin	23.75%	39.97%	38.96%	-	-	-	-	-	-	-
Net Margin	-474.23%	-834.24%	-4049.68%	-	-	-	-	-	-	-
Interest Coverage	-978.70x	-34.58x	-13.01x	-10.36x	-	-	-	-	-	-
FCF Conversion	0.85x	0.94x	0.70x	0.47x	0.62x	0.59x	1.41x	0.90x	0.82x	0.81x
Revenue Growth	-30.49%	-16.47%	-76.93%	-100%	-	-	-	-	-	-

Revenue by Segment

	2012	2013	2014	2015	2016	2017
Consulting	3.68M	1.9M	1.31M	910.53K	760.58K	175.45K
Consulting Growth	-	-48.30%	-31.09%	-30.50%	-16.47%	-76.93%
Technology	-	-	-	-	-	-
Technology Growth	-	-	-	-	-	-
Corporate and Eliminations	-	-	-	-	-	-
Corporate and Eliminations Growth	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Lightbridge Corporation (LTBR) grew revenue by 0.0% over the past year. Growth has been modest.

Lightbridge Corporation (LTBR) reported a net loss of $16.3M for fiscal year 2024.

Dividend & Returns

Lightbridge Corporation (LTBR) has a return on equity (ROE) of -33.9%. Negative ROE indicates the company is unprofitable.

Lightbridge Corporation (LTBR) had negative free cash flow of $11.9M in fiscal year 2024, likely due to heavy capital investments.

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Lightbridge Corporation (LTBR) 10-Year Financial Performance & Capital Metrics

LTBR • • Industrial / General

IndustrialsElectrical EquipmentEnergy Storage SystemsAdvanced Battery Technologies

Revenue $0
EBITDA -$12M -30.4%
Net Income -$12M -49.0%
EPS (Diluted) -0.81 -24.6%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -33.95% -24.5%
ROIC -2304.35% +9.8%
Debt/Equity -
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Shares diluted 19.7% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-59.75%

EPS CAGR

10Y-

5Y-

3Y-

TTM-12.16%

ROCE

10Y Avg-85.21%

5Y Avg-37.15%

3Y Avg-32.56%

Latest-37.61%

Peer Comparison

Advanced Battery Technologies

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	Debt/Equity
SDSTWStardust Power Inc.		0.11	-0.19			-8.42%
SDSTStardust Power Inc.	35.84M	3.65	-0.66
STISolidion Technology Inc.	63.75M	8.79	-0.68	-100%	-640.89%
NVXNovonix Limited	285.63M	1.36	-2.27	-51.75%	-8.76%	-81.63%	0.51
ENVXEnovix Corporation	1.69B	7.82	-6.16	201.86%	-481.35%	-61.96%	0.77
SLDPSolid Power, Inc.	1.08B	5.63	-10.43	15.67%	-468.64%	-25.42%	0.02
LTBRLightbridge Corporation	568.76M	17.57	-21.69			-10.64%
AMPXAmprius Technologies, Inc.	1.32B	10.15	-22.56	168.08%	-53.16%	-30.09%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	910.53K	760.58K	175.45K	0	0	0	0	0	0	0
Revenue Growth %	-0.3%	-0.16%	-0.77%	-1%	-	-	-	-	-	-
Cost of Goods Sold+	694.29K	456.56K	107.09K	0	89.62K	100.12K	0	0	0	0
COGS % of Revenue	0.76%	0.6%	0.61%	-	-	-	-	-	-	-
Gross Profit+	216.24K	304.01K	68.36K	0	-89.62K	-100.12K	0	0	0	0
Gross Margin %	0.24%	0.4%	0.39%	-	-	-	-	-	-	-
Gross Profit Growth %	-0.61%	0.41%	-0.78%	-1%	-	-0.12%	1%	-	-	-
Operating Expenses+	6.83M	7.94M	6.67M	10.17M	7.66M	9.1M	7.88M	7.79M	9.04M	13.06M
OpEx % of Revenue	7.51%	10.44%	37.99%	-	-	-	-	-	-	-
Selling, General & Admin	5.35M	5.19M	4.38M	6.71M	5.7M	8.21M	7.16M	7.49M	7.15M	8.46M
SG&A % of Revenue	5.88%	6.83%	24.98%	-	-	-	-	-	-	-
Research & Development	1.48M	2.75M	2.28M	3.46M	2.68M	891.63K	838.57K	669.82K	1.92M	4.6M
R&D % of Revenue	1.63%	3.61%	13.01%	-	-	-	-	-	-	-
Other Operating Expenses	-6.76K	0	0	0	-715K	0	-119.64K	-372.61K	-31.03K	-1K
Operating Income+	-6.62M	-7.63M	-6.6M	-10.17M	-11.07M	-9.2M	-7.88M	-7.79M	-9.04M	-13.06M
Operating Margin %	-7.27%	-10.04%	-37.61%	-	-	-	-	-	-	-
Operating Income Growth %	-0.37%	-0.15%	0.14%	-0.54%	-0.09%	0.17%	0.14%	0.01%	-0.16%	-0.44%
EBITDA+	-8.92M	0	0	0	-10.98M	-9.1M	-8M	-7.79M	-9.04M	-11.79M
EBITDA Margin %	-9.79%	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.86%	1%	-	-	-	0.17%	0.12%	0.03%	-0.16%	-0.3%
D&A (Non-Cash Add-back)	-2.3M	7.63M	6.6M	10.17M	89.62K	100.12K	0	0	0	0
EBIT	-4.31M	-6.32M	-7.09M	-14.69M	-10.68M	-14.42M	-8M	-7.79M	-9.04M	-11.79M
Net Interest Income+	-6.06K	-220K	-507K	-724K	393.11K	83.88K	8.13K	289.44K	1.13M	1.27M
Interest Income	705	316	0	258.8K	393.11K	83.88K	8.13K	289.44K	1.13M	1.27M
Interest Expense	6.76K	220.79K	507.31K	982.44K	0	0	0	0	0	0
Other Income/Expense	2.3M	1.29M	-507K	-5.5M	393.11K	-5.21M	41.82K	289.44K	1.13M	1.27M
Pretax Income+	-4.32M	-6.34M	-7.11M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Pretax Margin %	-4.74%	-8.34%	-40.5%	-	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	-4.32M	-6.34M	-7.11M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Net Margin %	-4.74%	-8.34%	-40.5%	-	-	-	-	-	-	-
Net Income Growth %	0.1%	-0.47%	-0.12%	-1.21%	0.32%	-0.35%	0.46%	0.04%	-0.05%	-0.49%
Net Income (Continuing)	-4.32M	-6.34M	-7.11M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-14.16	-16.10	-8.18	-7.06	-2.21	-3.59	-1.71	-0.69	-0.65	-0.81
EPS Growth %	0.02%	-0.14%	0.49%	0.14%	0.69%	-0.62%	0.52%	0.6%	0.06%	-0.25%
EPS (Basic)	-14.16	-16.10	-8.18	-7.06	-2.21	-3.59	-1.71	-0.69	-0.65	-0.81
Diluted Shares Outstanding	303.99K	394.08K	868.7K	2.22M	3.11M	4.22M	7.04M	10.84M	12.1M	14.49M
Basic Shares Outstanding	303.99K	394.08K	868.7K	2.22M	3.11M	4.22M	7.04M	10.84M	12.1M	14.49M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.26M	4.66M	5.09M	24.77M	18.41M	21.7M	24.86M	29.02M	28.81M	40.32M
Cash & Short-Term Investments	623.18K	3.58M	4.52M	24.64M	17.96M	21.53M	24.75M	28.9M	28.6M	39.99M
Cash Only	623.18K	3.58M	4.52M	24.64M	17.96M	21.53M	24.75M	28.9M	28.6M	39.99M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	139.8K	388.43K	10.4K	93.25K	400K	0	0	0	0	0
Days Sales Outstanding	56.04	186.41	21.64	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	325.83K	605.18K	491.17K	0	0	0	0	115.26K	207.06K	324.38K
Total Non-Current Assets+	950.59K	2.14M	1.86M	1.58M	1.15M	85.56K	101.58K	453.23K	591.87K	637.67K
Property, Plant & Equipment	0	0	0	0	0	0	0	0	0	0
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	950.59K	1.16M	1.37M	1.58M	1.15M	85.56K	101.58K	108.22K	108.86K	108.86K
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	982.49K	491.27K	0	0	0	0	345K	483K	528.8K
Total Assets+	2.21M	6.8M	6.95M	26.34M	19.55M	21.79M	24.96M	29.47M	29.4M	40.95M
Asset Turnover	0.41x	0.11x	0.03x	-	-	-	-	-	-	-
Asset Growth %	-0.64%	2.08%	0.02%	2.79%	-0.26%	0.11%	0.15%	0.18%	-0%	0.39%
Total Current Liabilities+	1.18M	1.22M	1.15M	476.32K	350.3K	4.58M	171.52K	350.33K	486.33K	424.58K
Accounts Payable	300K	1.22M	1.15M	258.06K	350.3K	200K	100K	200K	100K	200K
Days Payables Outstanding	157.71	972.13	3.92K	-	1.43K	729.15	-	-	-	-
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	-17.63K	-400K	-600K	218.26K	0	-17.87K	-28.48K	0	0	0
Current Ratio	1.06x	3.83x	4.42x	52.00x	52.54x	4.74x	144.94x	82.82x	59.23x	94.95x
Quick Ratio	1.06x	3.83x	4.42x	52.00x	52.54x	4.74x	144.94x	82.82x	59.23x	94.95x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	2.52M	28.46K	0	0	0	0	0	0	0	0
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	196.94K	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	2.33M	28.46K	0	0	0	0	0	0	0	0
Total Liabilities	3.71M	1.24M	1.15M	476.32K	350.3K	4.58M	171.52K	350.33K	486.33K	424.58K
Total Debt+	0	0	0	0	0	0	0	0	0	0
Net Debt	-623.18K	-3.58M	-4.51M	-24.64M	-17.96M	-21.53M	-24.75M	-28.9M	-28.6M	-39.99M
Debt / Equity	-	-	-	-	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-978.70x	-34.58x	-13.01x	-10.36x	-	-	-	-	-	-
Total Equity+	-1.5M	5.56M	5.79M	25.87M	19.2M	17.21M	24.79M	29.12M	28.91M	40.53M
Equity Growth %	-2.96%	4.71%	0.04%	3.46%	-0.26%	-0.1%	0.44%	0.17%	-0.01%	0.4%
Book Value per Share	-4.93	14.10	6.67	11.65	6.18	4.08	3.52	2.69	2.39	2.80
Total Shareholders' Equity	-1.5M	5.56M	5.79M	25.87M	19.2M	17.21M	24.79M	29.12M	28.91M	40.53M
Common Stock	3.73K	7.11K	12.74K	2.74K	3.25K	6.57K	9.76K	11.9K	13.7K	18.78K
Retained Earnings	-74.37M	-80.72M	-87.82M	-103.5M	-114.74M	-129.16M	-136.99M	-144.49M	-152.4M	-164.18M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.65M	-5.98M	-5M	-7.42M	-6.67M	-8.57M	-11.04M	-6.76M	-6.48M	-9.49M
Operating CF Margin %	-4.01%	-7.86%	-28.52%	-	-	-	-	-	-	-
Operating CF Growth %	0.15%	-0.64%	0.16%	-0.48%	0.1%	-0.29%	-0.29%	0.39%	0.04%	-0.46%
Net Income	-4.32M	-6.35M	-7.1M	-15.68M	-10.68M	-14.42M	-7.84M	-7.5M	-7.91M	-11.79M
Depreciation & Amortization	0	0	0	0	89.62K	100.12K	0	0	0	0
Stock-Based Compensation	1.88M	1.98M	1.19M	2.38M	822.82K	53.34K	826.49K	842.7K	1.26M	2.04M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-1.87M	-1.29M	545.09K	6.82M	3.32M	1.19M	254.99K	45K	45K	110.81K
Working Capital Changes	658.62K	-323.02K	363.17K	-942.68K	-225.13K	4.51M	-4.28M	-153K	121.2K	144.33K
Change in Receivables	329.29K	-248.64K	378.03K	-82.85K	-306.75K	400K	0	0	0	0
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	92.24K	31.83K	-140.92K	193.81K	351K	193.26K
Cash from Investing+	-117.03K	-209.87K	-207.23K	-5.83M	-3.76M	-210.44K	-16.02K	-6.64K	-640	0
Capital Expenditures	-117.03K	-209.87K	-207.23K	-209.73K	-221.06K	-210.44K	-16.02K	-6.64K	-640	0
CapEx % of Revenue	0.13%	0.28%	1.18%	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	170.85K	9.15M	6.14M	33.37M	3.75M	12.35M	14.27M	10.92M	6.18M	20.89M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-651	211.82K	114.01K	0	0	25.01K	-553K	-104.6K	-221.61K	-526.43K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-3.77M	-6.19M	-5.21M	-7.63M	-6.89M	-8.78M	-11.05M	-6.77M	-6.49M	-9.49M
FCF Margin %	-4.14%	-8.13%	-29.7%	-	-	-	-	-	-	-
FCF Growth %	0.15%	-0.64%	0.16%	-0.46%	0.1%	-0.27%	-0.26%	0.39%	0.04%	-0.46%
FCF per Share	-12.39	-15.70	-6.00	-3.44	-2.22	-2.08	-1.57	-0.62	-0.54	-0.66
FCF Conversion (FCF/Net Income)	0.85x	0.94x	0.70x	0.47x	0.62x	0.59x	1.41x	0.90x	0.82x	0.81x
Interest Paid	0	2.43K	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-312.68%	-125.17%	-99.02%	-47.38%	-79.2%	-37.31%	-27.82%	-27.26%	-33.95%
Return on Invested Capital (ROIC)	-	-	-304.33%	-607.89%	-671.42%	-	-	-4463.96%	-2555.28%	-2304.35%
Gross Margin	23.75%	39.97%	38.96%	-	-	-	-	-	-	-
Net Margin	-474.23%	-834.24%	-4049.68%	-	-	-	-	-	-	-
Interest Coverage	-978.70x	-34.58x	-13.01x	-10.36x	-	-	-	-	-	-
FCF Conversion	0.85x	0.94x	0.70x	0.47x	0.62x	0.59x	1.41x	0.90x	0.82x	0.81x
Revenue Growth	-30.49%	-16.47%	-76.93%	-100%	-	-	-	-	-	-

Revenue by Segment

	2012	2013	2014	2015	2016	2017
Consulting	3.68M	1.9M	1.31M	910.53K	760.58K	175.45K
Consulting Growth	-	-48.30%	-31.09%	-30.50%	-16.47%	-76.93%
Technology	-	-	-	-	-	-
Technology Growth	-	-	-	-	-	-
Corporate and Eliminations	-	-	-	-	-	-
Corporate and Eliminations Growth	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Lightbridge Corporation (LTBR) grew revenue by 0.0% over the past year. Growth has been modest.

Lightbridge Corporation (LTBR) reported a net loss of $16.3M for fiscal year 2024.

Dividend & Returns

Lightbridge Corporation (LTBR) has a return on equity (ROE) of -33.9%. Negative ROE indicates the company is unprofitable.

Lightbridge Corporation (LTBR) had negative free cash flow of $11.9M in fiscal year 2024, likely due to heavy capital investments.