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Lightbridge

Nasdaq:LTBR
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LTBR
Nasdaq
$31M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Lightbridge Corporation operates as a nuclear fuel technology company worldwide. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Lightbridge has significant price volatility in the past 3 months.
LTBR Share Price and Events
7 Day Returns
2.4%
NasdaqCM:LTBR
1.7%
US Professional Services
0.8%
US Market
1 Year Returns
-19.6%
NasdaqCM:LTBR
9.3%
US Professional Services
5.9%
US Market
LTBR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lightbridge (LTBR) 2.4% 45.7% 16.5% -19.6% -62.7% -92.2%
US Professional Services 1.7% 4.2% 17.8% 9.3% 37.9% 59.4%
US Market 0.8% 2.6% 10.6% 5.9% 37.7% 45.5%
1 Year Return vs Industry and Market
  • LTBR underperformed the Professional Services industry which returned 9.3% over the past year.
  • LTBR underperformed the Market in United States of America which returned 5.9% over the past year.
Price Volatility
LTBR
Industry
5yr Volatility vs Market
Related Companies

LTBR Value

 Is Lightbridge 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 Lightbridge. This is due to cash flow or dividend data being unavailable. The share price is $0.8599.
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 Lightbridge's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lightbridge's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:LTBR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.71
NasdaqCM:LTBR Share Price ** NasdaqCM (2019-04-18) in USD $0.86
United States of America Professional Services Industry PE Ratio Median Figure of 37 Publicly-Listed Professional Services Companies 23.49x
United States of America Market PE Ratio Median Figure of 3,078 Publicly-Listed Companies 18.23x

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

** Primary Listing of Lightbridge.

NasdaqCM:LTBR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:LTBR Share Price ÷ EPS (both in USD)

= 0.86 ÷ -0.71

-1.21x

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

  • Lightbridge is loss making, we can't compare its value to the US Professional Services industry average.
  • Lightbridge is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Lightbridge's expected growth come at a high price?
Raw Data
NasdaqCM:LTBR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Professional Services Industry PEG Ratio Median Figure of 33 Publicly-Listed Professional Services Companies 1.69x
United States of America Market PEG Ratio Median Figure of 2,108 Publicly-Listed Companies 1.56x

*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 Lightbridge, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lightbridge's assets?
Raw Data
NasdaqCM:LTBR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.79
NasdaqCM:LTBR Share Price * NasdaqCM (2019-04-18) in USD $0.86
United States of America Professional Services Industry PB Ratio Median Figure of 55 Publicly-Listed Professional Services Companies 2.22x
United States of America Market PB Ratio Median Figure of 5,172 Publicly-Listed Companies 1.93x
NasdaqCM:LTBR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:LTBR Share Price ÷ Book Value per Share (both in USD)

= 0.86 ÷ 0.79

1.09x

* Primary Listing of Lightbridge.

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

  • Lightbridge is good value based on assets compared to the US Professional Services industry average.
X
Value checks
We assess Lightbridge'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Lightbridge 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.

LTBR Future Performance

 How is Lightbridge 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 Lightbridge 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
22.4%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lightbridge expected to grow at an attractive rate?
  • Unable to compare Lightbridge's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lightbridge's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Lightbridge's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:LTBR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 22.4%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
NasdaqCM:LTBR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:LTBR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -7 -19
2018-09-30 0 -7 -18
2018-06-30 0 -6 -15
2018-03-31 0 -6 -13
2017-12-31 0 -5 -7
2017-09-30 1 -6 -9
2017-06-30 1 -6 -9
2017-03-31 1 -6 -8
2016-12-31 1 -6 -7
2016-09-30 1 -5 -7
2016-06-30 1 -4 -5
2016-03-31 1 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lightbridge is high growth as no earnings estimate data is available.
  • Unable to determine if Lightbridge 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
NasdaqCM:LTBR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lightbridge Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:LTBR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.71
2018-09-30 -0.82
2018-06-30 -0.89
2018-03-31 -1.01
2017-12-31 -0.71
2017-09-30 -0.93
2017-06-30 -1.19
2017-03-31 -1.40
2016-12-31 -1.48
2016-09-30 -1.74
2016-06-30 -1.30
2016-03-31 -1.28

*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 Lightbridge will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Lightbridge'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. Lightbridge'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 Commercial Services companies here
  3. Lightbridge'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 Lightbridge'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 States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Lightbridge 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.

LTBR Past Performance

  How has Lightbridge 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 Lightbridge's growth in the last year to its industry (Professional Services).
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.
  • Lightbridge does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lightbridge's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lightbridge's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Lightbridge'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 Lightbridge Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:LTBR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -18.95 6.72 3.46
2018-09-30 0.01 -17.66 6.62 3.13
2018-06-30 0.03 -15.06 5.88 2.72
2018-03-31 0.04 -13.08 5.40 2.73
2017-12-31 0.18 -7.38 4.38 2.28
2017-09-30 0.55 -8.52 5.21 2.77
2017-06-30 0.62 -8.86 5.16 2.75
2017-03-31 0.73 -8.47 5.30 2.63
2016-12-31 0.76 -7.01 5.19 2.75
2016-09-30 0.63 -6.99 5.12 2.02
2016-06-30 0.78 -5.05 5.09 1.88
2016-03-31 0.95 -4.77 5.08 1.86
2015-12-31 0.91 -4.32 4.92 1.48
2015-09-30 1.09 0.33 3.88 1.27
2015-06-30 1.13 0.60 3.59 1.09
2015-03-31 1.18 -0.13 3.64 1.32
2014-12-31 1.31 -3.65 3.83 1.53
2014-09-30 1.44 -6.03 4.32 1.38
2014-06-30 1.33 -7.44 4.34 1.83
2014-03-31 1.64 -6.72 3.87 1.82
2013-12-31 1.90 -4.59 3.62 2.03
2013-09-30 2.19 -4.32 2.93 2.32
2013-06-30 2.61 -4.25 3.20 2.31
2013-03-31 2.94 -4.54 3.78 2.21
2012-12-31 3.68 -4.06 3.84 2.06
2012-09-30 3.66 -5.26 5.06 2.19
2012-06-30 4.72 -5.18 5.41 2.24

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

LTBR Health

 How is Lightbridge'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 Lightbridge's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lightbridge is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lightbridge has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lightbridge'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.
  • Low level of unsold assets.
  • Lightbridge has no debt, it does not need to be covered by short term assets.
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 Lightbridge Company Filings, last reported 3 months ago.

NasdaqCM:LTBR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 25.87 0.00 24.64
2018-09-30 26.79 0.00 25.33
2018-06-30 28.75 0.00 25.71
2018-03-31 26.97 0.00 21.97
2017-12-31 5.79 0.00 4.52
2017-09-30 5.54 0.00 4.21
2017-06-30 5.75 0.00 3.99
2017-03-31 6.98 0.00 5.22
2016-12-31 5.56 0.00 3.58
2016-09-30 5.10 0.03 3.21
2016-06-30 1.10 0.07 1.48
2016-03-31 -0.25 0.11 0.75
2015-12-31 -1.50 0.00 0.62
2015-09-30 0.76 0.00 1.68
2015-06-30 0.60 0.00 2.37
2015-03-31 0.97 0.00 3.17
2014-12-31 0.77 0.00 4.22
2014-09-30 1.86 0.00 0.46
2014-06-30 2.22 0.00 1.00
2014-03-31 3.81 0.00 2.19
2013-12-31 3.47 0.00 3.69
2013-09-30 2.40 0.00 0.38
2013-06-30 3.67 0.00 1.67
2013-03-31 4.63 0.00 2.70
2012-12-31 5.76 0.00 3.80
2012-09-30 6.31 0.00 5.10
2012-06-30 7.36 0.00 5.81
  • Lightbridge has no debt.
  • Lightbridge had no debt 5 years ago.
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.

  • Lightbridge has sufficient cash runway for more than 3 years based on current free cash flow.
  • Lightbridge has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 16.9% each year.
X
Financial health checks
We assess Lightbridge'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. Lightbridge has a total score of 6/6, 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.

LTBR Dividends

 What is Lightbridge'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 Lightbridge dividends.
If you bought $2,000 of Lightbridge 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 Lightbridge's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lightbridge'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
NasdaqCM:LTBR 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
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

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

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

LTBR Management

 What is the CEO of Lightbridge'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
Seth Grae
COMPENSATION $933,640
AGE 55
TENURE AS CEO 13.1 years
CEO Bio

Mr. Seth Grae has been the Chief Executive Officer and President of Lightbridge Corp. (Alternate Name: Thorium Power Inc. and Thorium Power, Ltd) since March 17, 2006. Mr. Grae has been an Executive Director of Lightbridge Corp. since April 2, 2006. He joined Lightbridge in 1992 and has held various executive positions. He has played an active role in all business activities of Thorium Power since Novastar Resources Ltd.'s founding. His expertise is in structuring and implementing high-technology international business transactions. He served as an Interim Chief Financial Officer and Interim Treasurer of Novastar Resources Ltd. since March 2006. He represented refuseniks pro bono who were nuclear scientists, in securing exit visas from the Soviet Union. He helped advise on the drafting of nuclear export control regulations in China and Belarus and he participated in consultations with the government of India on nuclear power and weapons. Mr. Grae serves as co-chair of the American Bar Association's Committee on Arms Control and Disarmament. He has been a Director of Nuclear Energy Institute since May 2018. He serves as a Director of the Bulletin of the Atomic Scientists. He has served as Vice Chair of the Governing Board of the Bulletin of the Atomic Scientists. He served as a Director of Lawyers Alliance for World Security. He served as Member of Advisory Board of Novastar Resources Ltd. since July 14, 2005. Mr. Grae obtained his B.A. in Economics from Brandeis University cum laude, J.D. from American University LL.M. in International Law with honors from Georgetown University and MBA from Georgetown University. He has been admitted to the bars of New York, Connecticut and Florida. Mr. Grae led the efforts that resulted in Thorium Power becoming one of the first Western companies to contract with Russian nuclear institutes and become one of the first grant recipients from the United States Department of Energy for nuclear non-proliferation related work in Russia.

CEO Compensation
  • Seth's compensation has increased whilst company is loss making.
  • Seth's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

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

1.3
Average Tenure
64.5
Average Age
  • The average tenure for the Lightbridge management team is less than 2 years, this suggests a new team.
Management Team

Thomas Graham

TITLE
Executive Chairman & Secretary
COMPENSATION
$229K
AGE
84

Seth Grae

TITLE
President
COMPENSATION
$934K
AGE
55
TENURE
13.1 yrs

Andrey Mushakov

TITLE
Executive Vice President of Nuclear Operations
COMPENSATION
$582K
AGE
41
TENURE
1.3 yrs

Linda Zwobota

TITLE
Part-Time Consultant
COMPENSATION
$395K
AGE
67
TENURE
0.6 yrs

Joel Grae

TITLE
Co-Founder

Larry Goldman

TITLE
Chief Financial Officer
AGE
62
TENURE
0.6 yrs

Bob Ihde

TITLE
Senior Vice President of Nuclear Technology and Member of Technical Advisory Board
TENURE
10.8 yrs

Jim Malone

TITLE
Senior VP & Chief Nuclear Fuel Development Officer
AGE
72
TENURE
8.5 yrs

Jon Johnson

TITLE
Senior Vice President

Barbara Kanakry

TITLE
Controller
TENURE
0.6 yrs
Board of Directors Tenure

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

12.5
Average Tenure
75
Average Age
  • The average tenure for the Lightbridge board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Thomas Graham

TITLE
Executive Chairman & Secretary
COMPENSATION
$229K
AGE
84
TENURE
13 yrs

Seth Grae

TITLE
President
COMPENSATION
$934K
AGE
55
TENURE
13 yrs

Bob Ihde

TITLE
Senior Vice President of Nuclear Technology and Member of Technical Advisory Board
TENURE
11.1 yrs

Dan Magraw

TITLE
Independent Director
COMPENSATION
$66K
AGE
71
TENURE
12.5 yrs

Victor Alessi

TITLE
Independent Director
COMPENSATION
$66K
AGE
79
TENURE
12.7 yrs

Kathleen Townsend

TITLE
Independent Director
COMPENSATION
$69K
AGE
66
TENURE
5.5 yrs

Royce Flippin

TITLE
Member of Advisory Board
AGE
83

Annette Radkowsky

TITLE
Member of Advisory Board

Weldon Turner

TITLE
Member of Advisory Board

Ernie Kennedy

TITLE
Member of Technical Advisory Board
TENURE
12.1 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 ($) Value ($)
21. Dec 18 Buy Thomas Graham Individual 20. Dec 18 20. Dec 18 2,000 $0.61 $1,220
07. Dec 18 Buy Thomas Graham Individual 06. Dec 18 06. Dec 18 2,000 $0.76 $1,520
30. Aug 18 Buy Thomas Graham Individual 29. Aug 18 29. Aug 18 1,000 $1.00 $1,000
30. Aug 18 Buy Lawrence Goldman Individual 29. Aug 18 29. Aug 18 5,000 $1.00 $5,000
30. Aug 18 Buy Andrey Mushakov Individual 29. Aug 18 29. Aug 18 11,000 $0.99 $10,890
30. Aug 18 Buy Seth Grae Individual 29. Aug 18 29. Aug 18 11,000 $1.00 $11,000
14. Aug 18 Buy Thomas Graham Individual 14. Aug 18 14. Aug 18 2,000 $0.88 $1,760
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Management checks
We assess Lightbridge'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. Lightbridge 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.

LTBR News

Simply Wall St News

The Lightbridge (NASDAQ:LTBR) Share Price Is Down 92% So Some Shareholders Are Rather Upset

Investors will be hoping that Lightbridge can make progress and gain better traction for the business, before it runs low on cash. … While some such companies go on to make revenue, profits, and generate value, others get hyped up by hopeful naifs before eventually going bankrupt. … Lightbridge has plenty of cash in the bank, with net cash sitting at US$24m, when it last reported (December 2018).

Simply Wall St -

Should You Be Concerned About Lightbridge Corporation's (NASDAQ:LTBR) Historical Volatility?

Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Financially Strong Is Lightbridge Corporation (NASDAQ:LTBR)?

The direct benefit for Lightbridge Corporation (NASDAQ:LTBR), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is LTBR will have to adhere to stricter debt covenants and have less financial flexibility. … Is LTBR right in choosing financial flexibility over lower cost of capital.

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How Should Investors Feel About Lightbridge Corporation's (NASDAQ:LTBR) CEO Pay?

At the time of writing our data says that Lightbridge Corporation has a market cap of US$26m, and is paying total annual CEO compensation of US$934k. … We looked at a group of companies with market capitalizations under US$200m, and the median CEO compensation was US$297k. … Thus we can conclude that Seth Grae receives more in total compensation than the median of a group of companies in the same market, and of similar size to Lightbridge Corporation

Simply Wall St -

What Are The Drivers Of Lightbridge Corporation's (NASDAQ:LTBR) Risks?

If you're interested in Lightbridge Corporation (NASDAQ:LTBR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

When Will Lightbridge Corporation (NASDAQ:LTBR) Run Out Of Cash?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … If Lightbridge continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves. … 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.

Simply Wall St -

Why Lightbridge Corporation's (NASDAQ:LTBR) CEO Pay Matters To You

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … I believe earnings is a cleaner proxy, since many factors can impact share price, and therefore, TSR. … Normally I would look at market cap and earnings as a proxy for performance, however, LTBR's negative earnings reduces the effectiveness of this method.

Simply Wall St -

Was Lightbridge Corporation's (NASDAQ:LTBR) Earnings Decline Part Of A Broader Industry Downturn?

In this commentary, I will examine Lightbridge Corporation's (NASDAQ:LTBR) latest earnings update (31 December 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the professional services industry performed. … View our latest analysis for Lightbridge Commentary On LTBR's Past Performance I like to use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … Viewing growth from a sector-level, the US professional services industry has been growing its average earnings by double-digit 15.00% in the previous year, and a more subdued 9.28% over the past half a decade.

Simply Wall St -

Should You Be Concerned About Lightbridge Corporation's (NASDAQ:LTBR) Investors?

View our latest analysis for Lightbridge NasdaqCM:LTBR Ownership_summary Feb 14th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … General Public Ownership A big stake of 93.30% in LTBR is held by the general public. … Next Steps: Institutional ownership level and composition in LTBR is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Dilution Ahead For Lightbridge Corporation (NASDAQ:LTBR) Shareholders?

The measure of how fast Lightbridge goes through its cash reserves over time is called the cash burn rate. … NasdaqCM:LTBR Income Statement Jan 11th 18 When will Lightbridge need to raise more cash? … My cash burn analysis suggests that, if Lightbridge continues to spend its cash reserves at this current rate, it’ll have to raise capital within the next 7 months, which may be a surprise to some shareholders.

Simply Wall St -

LTBR Company Info

Description

Lightbridge Corporation operates as a nuclear fuel technology company worldwide. It operates through two segments, Technology and Consulting. It offers all-metal fuel for operating and new build reactors; all-uranium seed and blanket fuel for existing plants and new build reactors; and thorium-based seed and blanket fuel for existing and new build reactors. The company also provides nuclear power consulting and strategic advisory services to commercial and governmental entities. Its services include integrated strategic advice across a range of areas, including regulatory development, nuclear reactor site selection, procurement and deployment, reactor and fuel technology, international relations, program management, and infrastructure development. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation was founded in 1992 and is based in Reston, Virginia.

Details
Name: Lightbridge Corporation
LTBR
Exchange: NasdaqCM
Founded: 1992
$31,084,804
36,149,325
Website: http://ltbridge.com
Address: Lightbridge Corporation
11710 Plaza America Drive,
Suite 2000,
Reston,
Virginia, 20190,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM LTBR Common Stock Nasdaq Capital Market US USD 18. Jun 2001
DB N7OM Common Stock Deutsche Boerse AG DE EUR 18. Jun 2001
LSE 0JUV Common Stock London Stock Exchange GB USD 18. Jun 2001
Number of employees
Current staff
Staff numbers
11
Lightbridge employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 00:01
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.