LightPath Technologies, Inc. (LPTH)

LightPath Technologies Income Statement

Financials in millions USD. Fiscal year is July - June.

Year	2023	2022	2021	2020	2019
Revenue	32.93	35.56	38.46	34.97	33.75
Revenue Growth (YoY)	-7.38%	-7.55%	10.00%	3.61%	3.76%
Cost of Revenue	21.86	23.74	25.02	21.13	21.23
Gross Profit	11.07	11.81	13.45	13.84	12.52
Selling, General & Admin	11.44	11.22	11.99	8.96	10.5
Research & Development	2.15	2.09	2.17	1.71	2.02
Other Operating Expenses	1.13	1.13	1.13	1.02	1.22
Operating Expenses	14.71	14.43	15.29	11.7	13.74
Operating Income	-3.63	-2.62	-1.84	2.15	-1.22
Interest Expense / Income	0.28	0.23	0.22	0.34	0.7
Other Expense / Income	-0.1	-0.17	0.19	0.17	0.31
Pretax Income	-3.81	-2.68	-2.25	1.63	-2.23
Income Tax	0.23	0.86	0.93	0.76	0.46
Net Income	-4.05	-3.54	-3.19	0.87	-2.68
Shares Outstanding (Basic)	32	27	26	26	26
Shares Outstanding (Diluted)	32	27	26	27	26
Shares Change	17.09%	2.68%	-4.21%	6.49%	-3.79%
EPS (Basic)	-0.13	-0.13	-0.12	0.03	-0.10
EPS (Diluted)	-0.13	-0.13	-0.12	0.03	-0.10
Free Cash Flow	-5.68	-0.16	1.57	1.48	-0.84
Free Cash Flow Per Share	-0.18	-0.01	0.06	0.06	-0.03
Gross Margin	33.63%	33.23%	34.96%	39.59%	37.09%
Operating Margin	-11.03%	-7.36%	-4.79%	6.13%	-3.61%
Profit Margin	-12.29%	-9.96%	-8.28%	2.48%	-7.94%
Free Cash Flow Margin	-17.24%	-0.46%	4.09%	4.22%	-2.48%
Effective Tax Rate	-	-	-	46.84%	-
EBITDA	-0.36	1.17	1.47	5.39	1.94
EBITDA Margin	-1.08%	3.28%	3.83%	15.43%	5.74%
Depreciation & Amortization	3.17	3.62	3.51	3.42	3.46
EBIT	-3.53	-2.45	-2.04	1.97	-1.53
EBIT Margin	-10.72%	-6.89%	-5.29%	5.63%	-4.53%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).