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Lite Access Technologies TSXV:LTE Stock Report

Last Price

CA$0.095

Market Cap

CA$8.2m

7D

0%

1Y

46.2%

Updated

01 Aug, 2023

Data

Company Financials

Lite Access Technologies Inc.

TSXV:LTE Stock Report

Market Cap: CA$8.2m

LTE Stock Overview

Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro-duct and air-blown fiber in Canada, and the United States.

LTE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Lite Access Technologies Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lite Access Technologies
Historical stock prices
Current Share PriceCA$0.095
52 Week HighCA$0.10
52 Week LowCA$0.05
Beta0.97
1 Month Change0%
3 Month Change-9.52%
1 Year Change46.15%
3 Year Change-89.89%
5 Year Change-89.56%
Change since IPO-90.00%

Recent News & Updates

Recent updates

Shareholder Returns

LTECA CommunicationsCA Market
7D0%0.8%0.2%
1Y46.2%23.6%9.0%

Return vs Industry: LTE exceeded the Canadian Communications industry which returned 29.9% over the past year.

Return vs Market: LTE exceeded the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is LTE's price volatile compared to industry and market?
LTE volatility
LTE Average Weekly Movementn/a
Communications Industry Average Movement6.0%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.1%

Stable Share Price: LTE's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine LTE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aMike Plotnikoffhttps://liteaccess.com

Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro-duct and air-blown fiber in Canada, and the United States. The company operates through three segments: Product, Fibre Optic Installation, and Concrete Cutting. It offers micro-duct, air-blown fiber, and micro and narrow trench installation services for use in various communication networks.

Lite Access Technologies Inc. Fundamentals Summary

How do Lite Access Technologies's earnings and revenue compare to its market cap?
LTE fundamental statistics
Market capCA$8.16m
Earnings (TTM)-CA$1.76m
Revenue (TTM)CA$7.46m

1.1x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LTE income statement (TTM)
RevenueCA$7.46m
Cost of RevenueCA$6.79m
Gross ProfitCA$661.38k
Other ExpensesCA$2.43m
Earnings-CA$1.76m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin8.87%
Net Profit Margin-23.66%
Debt/Equity Ratio85.1%

How did LTE perform over the long term?

See historical performance and comparison
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