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Lite Access Technologies

TSXV:LTE
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LTE
TSXV
CA$13M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. The last earnings update was 82 days ago. More info.


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  • Lite Access Technologies has significant price volatility in the past 3 months.
LTE Share Price and Events
7 Day Returns
0%
TSXV:LTE
-0.9%
CA Communications
-0.2%
CA Market
1 Year Returns
-68.4%
TSXV:LTE
-6.1%
CA Communications
-1.9%
CA Market
LTE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lite Access Technologies (LTE) 0% -13% -41.2% -68.4% -81.4% -
CA Communications -0.9% 2.2% 8.7% -6.1% -10.6% 1.9%
CA Market -0.2% -1.6% 2.1% -1.9% 13.3% 4.3%
1 Year Return vs Industry and Market
  • LTE underperformed the Communications industry which returned -6.1% over the past year.
  • LTE underperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
LTE
Industry
5yr Volatility vs Market

Value

 Is Lite Access Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Lite Access Technologies. This is due to cash flow or dividend data being unavailable. The share price is CA$0.3.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Lite Access Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lite Access Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:LTE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.21
TSXV:LTE Share Price ** TSXV (2019-05-17) in CAD CA$0.3
Canada Communications Industry PE Ratio Median Figure of 6 Publicly-Listed Communications Companies 42.89x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 14.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Lite Access Technologies.

TSXV:LTE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:LTE Share Price ÷ EPS (both in CAD)

= 0.3 ÷ -0.21

-1.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lite Access Technologies is loss making, we can't compare its value to the CA Communications industry average.
  • Lite Access Technologies is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Lite Access Technologies's expected growth come at a high price?
Raw Data
TSXV:LTE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Communications Industry PEG Ratio Median Figure of 23 Publicly-Listed Communications Companies 1.17x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Lite Access Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lite Access Technologies's assets?
Raw Data
TSXV:LTE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.29
TSXV:LTE Share Price * TSXV (2019-05-17) in CAD CA$0.3
Canada Communications Industry PB Ratio Median Figure of 15 Publicly-Listed Communications Companies 1.38x
Canada Market PB Ratio Median Figure of 2,407 Publicly-Listed Companies 1.41x
TSXV:LTE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:LTE Share Price ÷ Book Value per Share (both in CAD)

= 0.3 ÷ 0.29

1.03x

* Primary Listing of Lite Access Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lite Access Technologies is good value based on assets compared to the CA Communications industry average.
X
Value checks
We assess Lite Access Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Lite Access Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Lite Access Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lite Access Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
130.7%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lite Access Technologies expected to grow at an attractive rate?
  • Unable to compare Lite Access Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lite Access Technologies's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Lite Access Technologies's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:LTE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Communications Industry Earnings Growth Rate Market Cap Weighted Average 130.7%
Canada Communications Industry Revenue Growth Rate Market Cap Weighted Average 18.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:LTE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:LTE Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:LTE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 14 -9 -9
2018-09-30 10 -8 -10
2018-06-30 8 -8 -11
2018-03-31 9 -6 -9
2017-12-31 9 -8 -9
2017-09-30 8 -6 -8
2017-06-30 8 -2 -4
2017-03-31 9 1 -1
2016-12-31 14 2 1
2016-09-30 13 1 1
2016-06-30 11 0 1
2016-03-31 8 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lite Access Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Lite Access Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:LTE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lite Access Technologies Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LTE Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:LTE Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.21
2018-09-30 -0.24
2018-06-30 -0.26
2018-03-31 -0.21
2017-12-31 -0.21
2017-09-30 -0.21
2017-06-30 -0.11
2017-03-31 -0.04
2016-12-31 0.04
2016-09-30 0.05
2016-06-30 0.03
2016-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Lite Access Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Lite Access Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Lite Access Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Lite Access Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Lite Access Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Lite Access Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Lite Access Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Lite Access Technologies's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Lite Access Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lite Access Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lite Access Technologies's 1-year growth to the CA Communications industry average as it is not currently profitable.
Earnings and Revenue History
Lite Access Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Lite Access Technologies Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LTE Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 13.88 -9.07 7.70
2018-09-30 9.70 -10.38 7.29
2018-06-30 8.05 -11.35 6.12 -0.13
2018-03-31 8.87 -9.22 5.47 0.19
2017-12-31 9.16 -8.70 5.12 0.19
2017-09-30 8.33 -8.10 4.65 0.19
2017-06-30 7.98 -3.98 4.09 0.31
2017-03-31 8.50 -1.34 3.61
2016-12-31 13.59 1.41 2.86
2016-09-30 12.61 1.46 2.52
2016-06-30 10.55 0.80 2.27
2016-03-31 8.23 -0.93 2.12
2015-12-31 1.74 -1.91 1.39
2015-09-30 1.07 -1.63 1.05
2015-06-30 0.79 -1.26 0.75
2015-03-31 0.73 -0.12 0.37
2014-12-31 0.62 -0.10 0.26
2014-09-30 0.85 0.03 0.21
2013-09-30 0.41 -0.07 0.23
2012-09-30 0.51 0.01 0.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Lite Access Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Lite Access Technologies has efficiently used its assets last year compared to the CA Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Lite Access Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Lite Access Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Lite Access Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Lite Access Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Lite Access Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lite Access Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lite Access Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lite Access Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 13.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lite Access Technologies Company Filings, last reported 4 months ago.

TSXV:LTE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 12.74 0.82 2.47
2018-09-30 12.03 0.91 4.50
2018-06-30 14.75 0.93 8.43
2018-03-31 19.05 1.08 13.19
2017-12-31 20.60 1.15 13.02
2017-09-30 21.20 1.15 14.34
2017-06-30 24.83 0.85 17.24
2017-03-31 26.48 0.64 19.83
2016-12-31 8.15 0.42 2.29
2016-09-30 8.42 0.47 2.12
2016-06-30 4.75 0.54 0.19
2016-03-31 4.03 0.82
2015-12-31 2.67 0.83 0.01
2015-09-30 2.78 0.84 0.27
2015-06-30 1.66 0.04 1.55
2015-03-31 0.00 0.04 0.16
2014-12-31 -0.02 0.05 0.11
2014-09-30 -0.17 0.17 0.06
2013-09-30 -0.20 0.24 0.02
2012-09-30
  • Lite Access Technologies's level of debt (6.4%) compared to net worth is satisfactory (less than 40%).
  • Lite Access Technologies had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Lite Access Technologies has less than a year of cash runway based on current free cash flow.
  • Lite Access Technologies has less than a year of cash runway if free cash flow continues to grow at historical rates of 80.8% each year.
X
Financial health checks
We assess Lite Access Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Lite Access Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Lite Access Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Lite Access Technologies dividends.
If you bought CA$2,000 of Lite Access Technologies shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Lite Access Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lite Access Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:LTE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Communications Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:LTE Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Lite Access Technologies has not reported any payouts.
  • Unable to verify if Lite Access Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lite Access Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lite Access Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Lite Access Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Lite Access Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lite Access Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Lite Access Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Carlo Shimoon
TENURE AS CEO 1.2 years
CEO Bio

Mr. Carlo M. Shimoon serves as the President, Chief Executive Officer and Director of Lite Access Technologies Inc. since March 13, 2018. Mr. Shimoon has led multi-location and multi-national operations in 4 countries including Canada, USA, Mexico and the UK, serving a global market. He has over 30 years of experience as CEO in both private and public corporations, which he has either founded or been professionally recruited. His accomplishments include M&A activities, turn-around and a successful exit to a NASDAQ-listed billion-dollar US-based defense contractor, where he continued to serve as CEO of two subsidiaries. The industries in which he has been involved include fibre-optics, defense, digital video, power conversion, security and biomed. Mr. Shimoon is a graduate of Carleton University in Ottawa with an Electrical Engineering degree.

CEO Compensation
  • Insufficient data for Carlo to compare compensation growth.
  • Insufficient data for Carlo to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Lite Access Technologies management team in years:

1
Average Tenure
  • The average tenure for the Lite Access Technologies management team is less than 2 years, this suggests a new team.
Management Team

Michael Priest

TITLE
Co-Founder & Advisor
COMPENSATION
CA$346K

Mike Plotnikoff

TITLE
Co-Founder & Advisor
COMPENSATION
CA$359K

Carlo Shimoon

TITLE
President
TENURE
1.2 yrs

Arun Gupta

TITLE
Chief Financial Officer
TENURE
1 yrs

Cameron Cromwell

TITLE
Managing Director of UK
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Lite Access Technologies board of directors in years:

1.9
Average Tenure
51
Average Age
  • The average tenure for the Lite Access Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Greg Smith

TITLE
Chairman of the Board & Director
COMPENSATION
CA$80K
AGE
51

Carlo Shimoon

TITLE
President
TENURE
1.2 yrs

Robert Toyoda

TITLE
Corporate Secretary & Director
COMPENSATION
CA$80K
AGE
50
TENURE
4 yrs

Peter Caplan

TITLE
Director
TENURE
1.2 yrs

Mark Schnarr

TITLE
Member of Advisory Board
AGE
62
TENURE
2.8 yrs

Kevin Smith

TITLE
Director
COMPENSATION
CA$264K
TENURE
1.9 yrs

Steven King

TITLE
Director
COMPENSATION
CA$297K
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Sep 18 Buy Carlo Shimoon Individual 20. Sep 18 20. Sep 18 8,000 CA$0.58 CA$4,640
17. Sep 18 Buy Carlo Shimoon Individual 17. Sep 18 17. Sep 18 7,000 CA$0.66 CA$4,620
11. Sep 18 Buy Carlo Shimoon Individual 11. Sep 18 11. Sep 18 3,500 CA$0.71 CA$2,485
31. Aug 18 Buy Carlo Shimoon Individual 31. Aug 18 31. Aug 18 16,000 CA$0.72 CA$11,400
23. Jul 18 Buy Carlo Shimoon Individual 23. Jul 18 23. Jul 18 10,000 CA$0.71 CA$7,100
17. Jul 18 Buy Gregory Smith Individual 17. Jul 18 17. Jul 18 1,250 CA$0.69 CA$863
09. Jul 18 Buy Carlo Shimoon Individual 09. Jul 18 09. Jul 18 7,000 CA$0.72 CA$5,040
03. Jul 18 Buy Carlo Shimoon Individual 29. Jun 18 29. Jun 18 6,000 CA$0.71 CA$4,260
29. Jun 18 Buy Carlo Shimoon Individual 28. Jun 18 28. Jun 18 7,000 CA$0.76 CA$5,320
26. Jun 18 Buy Carlo Shimoon Individual 26. Jun 18 26. Jun 18 8,000 CA$0.73 CA$5,840
22. Jun 18 Buy Carlo Shimoon Individual 20. Jun 18 22. Jun 18 19,000 CA$0.68 CA$12,665
19. Jun 18 Buy Carlo Shimoon Individual 18. Jun 18 18. Jun 18 10,000 CA$0.72 CA$7,200
18. Jun 18 Buy Carlo Shimoon Individual 15. Jun 18 15. Jun 18 6,000 CA$0.69 CA$4,140
14. Jun 18 Buy Carlo Shimoon Individual 13. Jun 18 13. Jun 18 5,000 CA$0.73 CA$3,650
11. Jun 18 Buy Carlo Shimoon Individual 08. Jun 18 08. Jun 18 5,000 CA$0.82 CA$4,100
08. Jun 18 Sell Dylan Griffiths Individual 04. Jun 18 08. Jun 18 -100,000 CA$0.90 CA$-84,750
06. Jun 18 Buy Carlo Shimoon Individual 05. Jun 18 05. Jun 18 5,000 CA$0.85 CA$4,250
06. Jun 18 Sell Dylan Griffiths Individual 04. Jun 18 04. Jun 18 -19,000 CA$0.90 CA$-17,100
05. Jun 18 Buy Dylan Griffiths Individual 05. Jun 18 05. Jun 18 5,000 CA$0.85 CA$4,250
X
Management checks
We assess Lite Access Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Lite Access Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Lite Access Technologies Inc. (CVE:LTE) Shares Do Insiders Own?

A look at the shareholders of Lite Access Technologies Inc. … With a market capitalization of CA$18m, Lite Access Technologies is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Lite Access Technologies

Simply Wall St -

Lite Access Technologies Inc. (CVE:LTE): What Does Its Beta Value Mean For Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Investors use diversification across uncorrelated stocks to reduce this kind of price volatility across the portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Have Insiders Been Selling Lite Access Technologies Inc. (CVE:LTE) Shares This Year?

So shareholders might well want to know whether insiders have been buying or selling shares in Lite Access Technologies Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … The Last 12 Months Of Insider Transactions At Lite Access Technologies.

Simply Wall St -

What Kind Of Investor Owns Most Of Lite Access Technologies Inc. (CVE:LTE)?

Every investor in Lite Access Technologies Inc. … Lite Access Technologies is not a large company by global standards. … View our latest analysis for Lite Access Technologies

Simply Wall St -

Should You Buy Lite Access Technologies Inc (CVE:LTE) At CA$00.69?

Lite Access Technologies Inc (CVE:LTE), a communications company based in Canada,. … A question to answer is whether Lite Access Technologies's current trading price of CA$0.69 reflective of the actual value of the? … Let’s take a look at Lite Access Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Lite Access Technologies Inc (CVE:LTE): Time For A Financial Health Check

LTE's debt levels surged from CA$466.16K to CA$1.15M over the last 12 months , which is made up of current and long term debt. … TSXV:LTE Historical Debt Apr 26th 18 Is LTE’s debt level acceptable? … LTE's risk around capital structure is almost non-existent, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although LTE’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Company Info

Description

Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. It operates in two segments, Product and Fibre Optic Installation. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services that are used in various communication networks, including Olympic, military, and government facilities. It also provides fiber-optic cables, aerial and low fire hazard micro-ducts, connectors, and sundries, as well as proprietary items, such as a cutting head, shark blades, and the LiteXtend solution. The company serves municipal and regional governments, telecom carriers and Internet service providers, first nation communities, and fibre to the home/premises, as well as intelligent traffic control, healthcare, point to point, and education networks. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Langley, Canada.

Details
Name: Lite Access Technologies Inc.
LTE
Exchange: TSXV
Founded: 2003
CA$13,070,949
43,569,832
Website: http://www.liteaccess.com
Address: Lite Access Technologies Inc.
20678 Duncan Way,
Suite 5,
Langley,
British Columbia, V3A 7A3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LTE Common Shares TSX Venture Exchange CA CAD 23. Jun 2015
OTCPK LTCC.F Common Shares Pink Sheets LLC US USD 23. Jun 2015
DB LA7 Common Shares Deutsche Boerse AG DE EUR 23. Jun 2015
Number of employees
Current staff
Staff numbers
0
Lite Access Technologies employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 03:17
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/01/25
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.