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LightwaveRF

AIM:LWRF
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LWRF
AIM
£8M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

LightwaveRF plc provides smart home products and software in the United Kingdom, Asia, the Middle East, and rest of Europe. The last earnings update was 143 days ago. More info.


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  • LightwaveRF has significant price volatility in the past 3 months.
LWRF Share Price and Events
7 Day Returns
0%
AIM:LWRF
2.3%
GB Electronic
0.6%
GB Market
1 Year Returns
-40%
AIM:LWRF
7.4%
GB Electronic
1.1%
GB Market
LWRF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LightwaveRF (LWRF) 0% 3.1% -26.7% -40% -40% -82.6%
GB Electronic 2.3% 7% 13.3% 7.4% 79.5% 80.6%
GB Market 0.6% 1.9% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • LWRF underperformed the Electronic industry which returned 7.4% over the past year.
  • LWRF underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
LWRF
Industry
5yr Volatility vs Market

Value

 Is LightwaveRF 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 LightwaveRF. This is due to cash flow or dividend data being unavailable. The share price is £0.0825.
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 LightwaveRF's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LightwaveRF's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:LWRF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £-0.04
AIM:LWRF Share Price ** AIM (2019-04-18) in GBP £0.08
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 21 Publicly-Listed Electronic Companies 21.58x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

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

** Primary Listing of LightwaveRF.

AIM:LWRF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:LWRF Share Price ÷ EPS (both in GBP)

= 0.08 ÷ -0.04

-2.17x

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

  • LightwaveRF is loss making, we can't compare its value to the GB Electronic industry average.
  • LightwaveRF is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does LightwaveRF's expected growth come at a high price?
Raw Data
AIM:LWRF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
85.6%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 1.98x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*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 LightwaveRF, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LightwaveRF's assets?
Raw Data
AIM:LWRF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.05
AIM:LWRF Share Price * AIM (2019-04-18) in GBP £0.08
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 2.14x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:LWRF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:LWRF Share Price ÷ Book Value per Share (both in GBP)

= 0.08 ÷ 0.05

1.64x

* Primary Listing of LightwaveRF.

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

  • LightwaveRF is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess LightwaveRF'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. LightwaveRF 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 LightwaveRF expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
85.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LightwaveRF expected to grow at an attractive rate?
  • LightwaveRF's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • LightwaveRF's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • LightwaveRF's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:LWRF Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:LWRF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 85.6%
AIM:LWRF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 45.3%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 8.2%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
AIM:LWRF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:LWRF Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 14 2 1 1
2020-09-30 12 0 1
2019-09-30 6 -1 -2 1
AIM:LWRF Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 3 -3 -3
2018-06-30 3 -2 -2
2018-03-31 3 -2 -1
2017-12-31 3 -1 -1
2017-09-30 3 -1 -1
2017-06-30 2 -1 -1
2017-03-31 2 -1 -1
2016-12-31 2 -1 -1
2016-09-30 1 -1 -1
2016-06-30 1 -1 -1
2016-03-31 1 0 -1
2015-12-31 2 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LightwaveRF's earnings are expected to grow significantly at over 20% yearly.
  • LightwaveRF's revenue is expected to grow significantly at over 20% yearly.
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
AIM:LWRF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from LightwaveRF Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:LWRF Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30
2020-09-30 0.00 0.00 0.00 1.00
2019-09-30 -0.02 -0.02 -0.02 1.00
AIM:LWRF Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 -0.04
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.02
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.04
2016-09-30 -0.04
2016-06-30 -0.04
2016-03-31 -0.04
2015-12-31 -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 LightwaveRF will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess LightwaveRF'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
LightwaveRF has a total score of 5/6, 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 LightwaveRF 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 LightwaveRF's growth in the last year to its industry (Electronic).
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.
  • LightwaveRF does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare LightwaveRF's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LightwaveRF's 1-year growth to the GB Electronic industry average as it is not currently profitable.
Earnings and Revenue History
LightwaveRF'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 LightwaveRF Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:LWRF Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 2.81 -2.54 3.74
2018-06-30 2.90 -1.97 3.21
2018-03-31 2.99 -1.39 2.68
2017-12-31 3.01 -1.12 2.40
2017-09-30 3.03 -0.85 2.12
2017-06-30 2.42 -0.82 1.82
2017-03-31 1.81 -0.79 1.52
2016-12-31 1.63 -0.82 1.50
2016-09-30 1.44 -0.84 1.49
2016-06-30 1.42 -0.79 1.36
2016-03-31 1.39 -0.73 1.23
2015-12-31 1.74 -0.48 1.15
2015-09-30 2.10 -0.23 1.07
2015-06-30 2.49 -0.07 1.17
2015-03-31 2.89 0.10 1.28
2014-12-31 2.96 -0.02 1.28
2014-09-30 3.04 -0.14 1.28
2014-06-30 2.64 -0.33 1.23
2014-03-31 2.25 -0.52 1.17
2013-12-31 1.65 -0.67 1.19
2013-09-30 1.05 -0.81 1.21
2013-06-30 0.90 -0.95 1.28
2013-03-31 0.74 -1.08 1.36
2012-12-31 0.92 -0.92 1.33
2012-09-30 1.11 -0.76 1.30
2012-06-30 1.03 -0.68 1.19

*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 LightwaveRF has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if LightwaveRF has efficiently used its assets last year compared to the GB Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if LightwaveRF 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 LightwaveRF'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 Electronic 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.
LightwaveRF 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 LightwaveRF'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 LightwaveRF's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LightwaveRF is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LightwaveRF's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LightwaveRF'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 6x 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 LightwaveRF Company Filings, last reported 6 months ago.

AIM:LWRF Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 3.60 0.42 0.47
2018-06-30 3.60 0.42 0.47
2018-03-31 5.26 0.41 2.46
2017-12-31 5.26 0.41 2.46
2017-09-30 1.22 0.59 0.22
2017-06-30 1.22 0.59 0.22
2017-03-31 1.73 0.77 0.82
2016-12-31 1.73 0.77 0.82
2016-09-30 -0.17 0.99 0.00
2016-06-30 -0.17 0.99 0.00
2016-03-31 0.06 0.85 0.12
2015-12-31 0.06 0.85 0.12
2015-09-30 0.43 1.01 1.04
2015-06-30 0.43 1.01 1.04
2015-03-31 -0.59 1.15 0.06
2014-12-31 -0.59 1.15 0.06
2014-09-30 -0.90 1.19 0.22
2014-06-30 -0.90 1.19 0.22
2014-03-31 -1.27 0.40 0.14
2013-12-31 -1.27 0.40 0.14
2013-09-30 -1.14 1.65 0.04
2013-06-30 -1.14 1.65 0.04
2013-03-31 -1.25 0.45 0.00
2012-12-31 -1.25 0.45 0.00
2012-09-30 -0.84 0.49 0.03
2012-06-30 -0.84 0.49 0.03
  • LightwaveRF's level of debt (11.8%) compared to net worth is satisfactory (less than 40%).
  • LightwaveRF 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.

  • LightwaveRF has less than a year of cash runway based on current free cash flow.
  • LightwaveRF has less than a year of cash runway if free cash flow continues to grow at historical rates of 75.1% each year.
X
Financial health checks
We assess LightwaveRF'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. LightwaveRF 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 LightwaveRF'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 LightwaveRF dividends.
If you bought £2,000 of LightwaveRF shares you are expected to receive £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 LightwaveRF's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LightwaveRF'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
AIM:LWRF 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 1.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

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

AIM:LWRF Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-09-30
2020-09-30
2019-09-30

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

  • Unable to perform a dividend volatility check as LightwaveRF has not reported any payouts.
  • Unable to verify if LightwaveRF's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LightwaveRF's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LightwaveRF 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 LightwaveRF's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 LightwaveRF afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LightwaveRF 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 LightwaveRF'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
Jason Elliott
COMPENSATION £167,200
AGE 47
TENURE AS CEO 0.8 years
CEO Bio

Mr. Jason Elliott has been Chief Executive Officer and Director of LightwaveRF plc since July 2, 2018. He served as the Chief Sales Officer for Onzo Ltd. Mr. Elliott was Divisional Managing Director of SafetyBank, the safety management software company, a wholly owned subsidiary of Olive Communications Solutions Limited. Prior to that, he held a number of senior sales roles at Azzurri Communications Limited, the cloud hosting and data management provider, now part of Maintel Holdings plc. He has a strong technical grounding, from a seven-year term at the start of his career, serving as an engineer in the Royal Navy Submarine Service.

CEO Compensation
  • Insufficient data for Jason to compare compensation growth.
  • Jason's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the LightwaveRF management team in years:

1.6
Average Tenure
54
Average Age
  • The average tenure for the LightwaveRF management team is less than 2 years, this suggests a new team.
Management Team

Jason Elliott

TITLE
CEO & Director
COMPENSATION
£167K
AGE
47
TENURE
0.8 yrs

John Shermer

TITLE
Founder
COMPENSATION
£142K
AGE
62

Kevin Edwards

TITLE
CFO, Secretary
COMPENSATION
£138K
AGE
43
TENURE
2.9 yrs

Mike Lord

TITLE
Consultant & Non-Executive Director
COMPENSATION
£55K
AGE
52
TENURE
2.1 yrs

Simon Lane

TITLE
Sales Director & Member of Operational Board
COMPENSATION
£16K
AGE
56

Mike Hughes

TITLE
Member of Operational Board
COMPENSATION
£2K
AGE
56

Huw Bristow

TITLE
Chief Technology Officer

Rachel Cowle

TITLE
Chief Marketing Officer

Adam Williams

TITLE
Chief Revenue Officer
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the LightwaveRF board of directors in years:

3.6
Average Tenure
54
Average Age
  • The tenure for the LightwaveRF board of directors is about average.
Board of Directors

Barry Gamble

TITLE
Non-Executive Chairman & Senior Independent Non-Executive Director
COMPENSATION
£50K
AGE
68
TENURE
3.7 yrs

Jason Elliott

TITLE
CEO & Director
COMPENSATION
£167K
AGE
47
TENURE
0.8 yrs

John Shermer

TITLE
Founder
COMPENSATION
£142K
AGE
62
TENURE
4.1 yrs

Kevin Edwards

TITLE
CFO, Secretary
COMPENSATION
£138K
AGE
43
TENURE
2.4 yrs

Mike Lord

TITLE
Consultant & Non-Executive Director
COMPENSATION
£55K
AGE
52
TENURE
8.4 yrs

Steve Harris

TITLE
Non-Executive Director
COMPENSATION
£25K
AGE
56
TENURE
3.6 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 (£) Value (£)
08. Jan 19 Buy Rachel Cowle Individual 07. Jan 19 07. Jan 19 49,504 £0.08 £4,000
08. Jan 19 Buy Huw Bristow Individual 04. Jan 19 07. Jan 19 24,620 £0.08 £1,989
12. Jun 18 Buy Barry Gamble Individual 11. Jun 18 11. Jun 18 120,000 £0.11 £13,488
X
Management checks
We assess LightwaveRF'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. LightwaveRF 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

The LightwaveRF (LON:LWRF) Share Price Is Down 77% So Some Shareholders Are Rather Upset

Given that LightwaveRF didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Over five years, LightwaveRF grew its revenue at 6.0% per year. … We'd recommend focussing any further research on the likelihood of profitability in the foreseeable future, given the muted revenue growth.

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Is LightwaveRF plc's (LON:LWRF) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as LightwaveRF plc (LON:LWRF) with its market cap of UK£4.7m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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LightwaveRF plc (LON:LWRF): Time For A Financial Health Check

LightwaveRF plc (LON:LWRF) is a small-cap stock with a market capitalization of UK£7.87m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Electronic companies,

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What Investors Should Know About LightwaveRF Plc's (LON:LWRF) Financial Strength

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: LWRF’s debt and cash flow levels indicate room for improvement. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue.

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Where LightwaveRF Plc's (LON:LWRF) Earnings Growth Stands Against Its Industry

In this article, I will take a look at LightwaveRF Plc's (AIM:LWRF) most recent earnings update (30 September 2017) and compare these latest figures against its performance over the past few years, along with how the rest of LWRF's industry performed. … I prefer to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Scanning growth from a sector-level, the UK electronic industry has been amplifying average earnings growth of 63.82% over the past year, and a more muted 8.01% over the previous five years.

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Why LightwaveRF Plc's (LON:LWRF) Ownership Structure Is Important

Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Private Company Ownership Another important group of owners for potential investors in LWRF are private companies that hold a stake of 23.99% in LWRF. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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When Will LightwaveRF Plc (LON:LWRF) Run Out Of Money?

Additional cash raising may dilute the value of your shares, and since LightwaveRF is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … This means that, if LightwaveRF continues to grow its opex at this rate, given how much money it currently has in the bank, it will actually need to raise capital again within the next couple of months! … The cash burn analysis result indicates a cash constraint for the company, due to its current opex growth rate and its level of cash reserves.

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Should You Be Holding LightwaveRF Plc (LON:LWRF) Right Now?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … LightwaveRF has a beta of 1.53, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

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How Financially Strong Is LightwaveRF Plc (LON:LWRF)?

Does LWRF generate an acceptable amount of cash through operations? … With this debt repayment, LWRF's cash and short-term investments stands at £0.2M for investing into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, LWRF has room for improvement to better cushion for events which may require debt repayment.

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Want To Invest In LightwaveRF Plc (LON:LWRF)? Here's How It Performed Lately

After reading LightwaveRF Plc's (AIM:LWRF) latest earnings update (30 September 2017), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … Looking at growth from a sector-level, the UK electronic industry has been multiplying average earnings growth of 60.85% in the past year, and a less exciting 4.64% over the past five years. … The most insightful step is to assess company-specific issues LightwaveRF may be facing and whether management guidance has steadily been met in the past.

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Company Info

Description

LightwaveRF plc provides smart home products and software in the United Kingdom, Asia, the Middle East, and rest of Europe. It designs and develops devices and software to remotely control commercial and domestic lighting, heating, power, and security. The company also provides sockets, dimmers, relays, thermostats, sensors, monitors, and control devices. LightwaveRF plc was founded in 2007 and is based in Birmingham, the United Kingdom.

Details
Name: LightwaveRF plc
LWRF
Exchange: AIM
Founded: 2007
£8,006,245
97,045,397
Website: http://www.lightwaverf.com
Address: LightwaveRF plc
Innovation Birmingham Campus,
Faraday Wharf,
Birmingham,
West Midlands, B7 4BB,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM LWRF Ordinary Shares London Stock Exchange AIM Market GB GBP 09. Dec 2008
Number of employees
Current staff
Staff numbers
40
LightwaveRF employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:11
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/12
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
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.