OTCPK:LTTC

Stock Analysis Report

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Executive Summary

Lattice Incorporated provides telecommunications services to correctional facilities in the United States.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Lattice's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

LTTC

1.7%

US IT

1.0%

US Market


1 Year Return

-60.0%

LTTC

14.9%

US IT

4.1%

US Market

Return vs Industry: LTTC underperformed the US IT industry which returned 15.1% over the past year.

Return vs Market: LTTC underperformed the US Market which returned 3.7% over the past year.


Shareholder returns

LTTCIndustryMarket
7 Day0%1.7%1.0%
30 Day-29.0%12.9%5.4%
90 Day-37.1%1.4%-5.7%
1 Year-60.0%-60.0%16.1%14.9%6.5%4.1%
3 Year-78.0%-78.0%88.4%80.7%28.3%19.8%
5 Year-94.5%-94.5%121.4%101.5%52.2%35.0%

Price Volatility Vs. Market

How volatile is Lattice's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Lattice undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Lattice is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Lattice has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of LTTC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Lattice regulatory filings here.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is Lattice forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.2%

Forecasted Software industry annual growth in earnings


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 Lattice 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 SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of LTTC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Lattice's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Lattice performed over the past 5 years?

9.5%

Historical Software annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Lattice has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Lattice's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Lattice's filings and announcements here.
  • Explore strong past performing companies in the Software industry.

Financial Health

How is Lattice's financial position?


In this section we usually analyse Lattice's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Lattice has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of LTTC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Lattice's financial data was last updated here.
  • Explore more healthy companies in the Software industry.

Dividend

What is Lattice's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LTTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LTTC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LTTC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LTTC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LTTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average board tenure


CEO

Paul Burgess (53yo)

15.25yrs

Tenure

US$250,000

Compensation

Mr. Paul Burgess has been President and Chief Executive Officer of Lattice Incorporated (formerly Science Dynamics Corp.,) since February 9, 2005. Mr. Burgess serves as Chairman of Lattice Incorporated.  ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD595.62K).

Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Paul Burgess
Chairman15.25yrsUS$250.00kno data
John Boyd
Director9yrsUS$13.78kno data
Mark Rosenker
Director9yrsUS$13.78kno data
Robert Wurwarg
Director5.42yrsUS$13.78kno data
Richard Stewart
Director5.42yrsUS$13.78kno data

7.2yrs

Average Tenure

72yo

Average Age

Experienced Board: LTTC's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lattice Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lattice Incorporated
  • Ticker: LTTC
  • Exchange: OTCPK
  • Founded: 1973
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$263.351k
  • Shares outstanding: 119.71m
  • Website: https://www.latticeinc.com

Number of Employees


Location

  • Lattice Incorporated
  • 7150 North Park Drive
  • Suite 500
  • Pennsauken
  • New Jersey
  • 8109
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LTTCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 1981

Biography

Lattice Incorporated provides telecommunications services to correctional facilities in the United States. It also provides technology and engineering services to other service providers in the corrections market. The company’s products and services include Corrections Operating Platform, a suite of hardware and software solutions designed to deliver benefits to corrections facilities; Nexus inmate telephone system; CellMate, a mobile inmate communications device; and Netvisit, a video visitation solution to reduce corrections staff burden. It also offers NetVisit, a video arraignment technology that enables inmates to remain at the jail facility while a Judge conducts the arraignment over a real-time video connection; and account deposit platform that provides inmates and their families and friends with various phone account types. The company was formerly known as Science Dynamics Corporation and changed its name to Lattice Incorporated in February 2007. Lattice Incorporated was founded in 1973 and is based in Pennsauken, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 02:29
End of Day Share Price2020/05/18 00:00
Earnings2016/06/30
Annual Earnings2015/12/31


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.