Annuncio • May 15
The LGL Group, Inc. has filed a Follow-on Equity Offering. The LGL Group, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 6,540,435
Transaction Features: Rights Offering Annuncio • May 13
The LGL Group, Inc. has filed a Follow-on Equity Offering. The LGL Group, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: Rights Offering Annuncio • Mar 24
The LGL Group, Inc., Annual General Meeting, May 12, 2026 The LGL Group, Inc., Annual General Meeting, May 12, 2026. Location: harvard club of new york city, located at 35 west 44th street, new york 10036, new york, United States Annuncio • Apr 23
The LGL Group, Inc., Annual General Meeting, Jun 02, 2025 The LGL Group, Inc., Annual General Meeting, Jun 02, 2025. Annuncio • Apr 17
The LGL Group, Inc. Appoints Vice Admiral Colin J. Kilrain, USN (Ret.), as A Director, Effective April 16, 2025 On April 16, 2025, the Board of Directors (the "Board") of LGL Group appointed Vice Admiral Colin J. Kilrain, USN (Ret.), as a director of the Company, effective April 16, 2025, to serve until the Company's next annual meeting of stockholders or until his successor is duly elected and qualified. Vice Admiral Kilrain is a decorated military leader in the United States Navy and brings expertise in national security, special operations, and global strategic affairs. Vice Admiral Kilrain was commissioned in 1985 and completed Basic Underwater Demolition/SEAL training in 1986. He currently serves on the Board of Directors of Constellis Holdings, Inc. (2025 to present), a provider of risk management and mission support services. Most recently, he was assistant to the chairman of the Joint Chiefs of Staff (2021 to 2023). Previously, he served as Associate Director for Military Affairs for the Central Intelligence Agency (2019 to 2021); Commander of NATO Special Operations Headquarters at the Supreme Headquarters Allied Powers Europe (2016 to 2019); and Commander of Special Operations Command Pacific (2014 to 2016). Vice Admiral Kilrain is a graduate of Lehigh University and holds a Master of Science in National Resources Strategy and Management from the Industrial College of the Armed Forces. He is also a graduate from the Defense Language Institute where he studied German and Spanish. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: US$0.013 (vs US$0.02 in 3Q 2023) Third quarter 2024 results: EPS: US$0.013 (down from US$0.02 in 3Q 2023). Revenue: US$1.18m (up 21% from 3Q 2023). Net income: US$72.0k (down 33% from 3Q 2023). Profit margin: 6.1% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. New Risk • Sep 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Revenue is less than US$5m (US$3.9m revenue). Market cap is less than US$100m (€25.9m market cap, or US$28.9m). Annuncio • Sep 20
The LGL Group, Inc., Annual General Meeting, Nov 20, 2024 The LGL Group, Inc., Annual General Meeting, Nov 20, 2024. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: US$0.026 (vs US$0.024 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.026 (up from US$0.024 loss in 2Q 2023). Revenue: US$1.07m (up 165% from 2Q 2023). Net income: US$137.0k (up US$267.0k from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: US$0.004 (vs US$0.029 in 1Q 2023) First quarter 2024 results: EPS: US$0.004 (down from US$0.029 in 1Q 2023). Revenue: US$888.0k (up 101% from 1Q 2023). Net income: US$21.0k (down 87% from 1Q 2023). Profit margin: 2.4% (down from 36% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 03
Full year 2023 earnings released: EPS: US$0.055 (vs US$0.91 loss in FY 2022) Full year 2023 results: EPS: US$0.055 (up from US$0.91 loss in FY 2022). Revenue: US$3.68m (up 122% from FY 2022). Net income: US$297.0k (up US$5.17m from FY 2022). Profit margin: 8.1% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. New Risk • Nov 22
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€23.6m market cap, or US$25.8m). Annuncio • Sep 28
The LGL Group, Inc., Annual General Meeting, Dec 05, 2023 The LGL Group, Inc., Annual General Meeting, Dec 05, 2023, at 10:00 US Eastern Standard Time. Reported Earnings • Aug 16
Second quarter 2023 earnings released: US$0.024 loss per share (vs US$0.42 loss in 2Q 2022) Second quarter 2023 results: US$0.024 loss per share (improved from US$0.42 loss in 2Q 2022). Net loss: US$130.0k (loss narrowed 94% from 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2023 earnings released: EPS: US$0.029 (vs US$0.032 in 1Q 2022) First quarter 2023 results: EPS: US$0.029 (down from US$0.032 in 1Q 2022). Net income: US$157.0k (down 7.1% from 1Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 18
Full year 2022 earnings released: US$0.91 loss per share (vs US$2.78 profit in FY 2021) Full year 2022 results: US$0.91 loss per share (down from US$2.78 profit in FY 2021). Net loss: US$4.88m (down 133% from profit in FY 2021). Revenue is expected to decline by 9.2% p.a. on average during the next 2 years, while revenues in the Electronic industry in Germany are expected to grow by 13%. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year. Board Change • Dec 02
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Kaan Aslansan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 17
Third quarter 2022 earnings released: US$0.27 loss per share (vs US$6.03 profit in 3Q 2021) Third quarter 2022 results: US$0.27 loss per share (down from US$6.03 profit in 3Q 2021). Revenue: US$8.76m (up 17% from 3Q 2021). Net loss: US$1.46m (down 105% from profit in 3Q 2021). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Annuncio • Nov 12
The LGL Group, Inc., Annual General Meeting, Dec 20, 2022 The LGL Group, Inc., Annual General Meeting, Dec 20, 2022, at 10:30 US Eastern Standard Time. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment deteriorated over the past week After last week's 50% share price decline to €5.60, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 51% over the past year. Reported Earnings • Aug 11
Second quarter 2022 earnings released: US$0.34 loss per share (vs US$0.003 loss in 2Q 2021) Second quarter 2022 results: US$0.34 loss per share (down from US$0.003 loss in 2Q 2021). Revenue: US$7.43m (up 8.0% from 2Q 2021). Net loss: US$1.80m (loss widened US$1.78m from 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 21% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 17% share price gain to €12.90, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 17x in the Electronic industry in Germany. Total returns to shareholders of 48% over the past year. Annuncio • Jun 05
The LGL Group, Inc. Announces Executive Changes The LGL Group, Inc. on May 31, 2022, Joan Atkinson Nano provided notice that she was resigning as LGL’s Chief Accounting Officer, effective June 1, 2022. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: US$0.032 (vs US$0.005 in 1Q 2021) First quarter 2022 results: EPS: US$0.032 (up from US$0.005 in 1Q 2021). Revenue: US$8.11m (up 24% from 1Q 2021). Net income: US$169.0k (up US$142.0k from 1Q 2021). Profit margin: 2.1% (up from 0.4% in 1Q 2021). Over the next year, revenue is forecast to grow 8.8%, compared to a 21% growth forecast for the industry in Germany. Reported Earnings • Mar 29
Full year 2021 earnings released: EPS: US$2.78 (vs US$0.19 in FY 2020) Full year 2021 results: EPS: US$2.78 (up from US$0.19 in FY 2020). Revenue: US$28.1m (down 9.7% from FY 2020). Net income: US$14.6m (up US$13.7m from FY 2020). Profit margin: 52% (up from 3.1% in FY 2020). Over the next year, revenue is forecast to grow 8.0%, compared to a 20% growth forecast for the industry in Germany. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS US$6.03 (vs US$0.12 in 3Q 2020) Third quarter 2021 results: Revenue: US$7.50m (down 7.1% from 3Q 2020). Net income: US$31.8m (up US$31.2m from 3Q 2020). Executive Departure • Oct 06
Independent Director Robert LaPenta has left the company On the 27th of September, Robert LaPenta's tenure as Independent Director ended after 1.1 years in the role. As of June 2021, Robert still personally held 5.36k shares (€47k worth at the time). Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 12
Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.049 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$6.88m (down 2.5% from 2Q 2020). Net loss: US$18.0k (down 107% from profit in 2Q 2020). Annuncio • Jun 28
The LGL Group, Inc.(NYSEAM:LGL) dropped from Russell Microcap Growth Index The LGL Group, Inc.(NYSEAM:LGL) dropped from Russell Microcap Growth Index Reported Earnings • May 14
First quarter 2021 earnings released: EPS US$0.005 (vs US$0.036 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$6.54m (down 24% from 1Q 2020). Net income: US$27.0k (down 85% from 1Q 2020). Profit margin: 0.4% (down from 2.1% in 1Q 2020). Reported Earnings • Mar 25
Full year 2020 earnings released: EPS US$0.19 (vs US$1.44 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$31.2m (down 2.3% from FY 2019). Net income: US$968.0k (down 86% from FY 2019). Profit margin: 3.1% (down from 22% in FY 2019). The decrease in margin was primarily driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 18% share price gain to US$10.80, the stock is trading at a trailing P/E ratio of 31.8x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 32x in the Electronic industry in Germany. Is New 90 Day High Low • Mar 03
New 90-day high: €10.80 The company is up 32% from its price of €8.20 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 9.0% over the same period. Annuncio • Feb 26
The LGL Group, Inc. to Report Fiscal Year 2020 Results on Mar 23, 2021 The LGL Group, Inc. announced that they will report fiscal year 2020 results After-Market on Mar 23, 2021 Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 26% share price gain to US$10.10, the stock is trading at a trailing P/E ratio of 31.5x, up from the previous P/E ratio of 24.9x. This compares to an average P/E of 30x in the Electronic industry in Germany. Is New 90 Day High Low • Dec 31
New 90-day high: €8.95 The company is up 22% from its price of €7.35 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS US$0.12 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$8.07m (down 6.0% from 3Q 2019). Net income: US$629.0k (down 86% from 3Q 2019). Profit margin: 7.8% (down from 53% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Annuncio • Nov 14
The LGL Group, Inc., Annual General Meeting, Dec 29, 2020 The LGL Group, Inc., Annual General Meeting, Dec 29, 2020, at 09:00 US Eastern Standard Time. Is New 90 Day High Low • Nov 05
New 90-day high: €8.90 The company is up 14% from its price of €7.80 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.