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Lightbridge Corp. (LTBR)
NASDAQ:LTBR
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Lightbridge
(NASDAQ:LTBR)
39Underperform
Lightbridge (LTBR) vs. S&P 500 (SPY)
Market Cap
$166.25M
Dividend YieldN/A
Average Volume (3M)1.11M
Price to Earnings (P/E)―
Beta (1Y)1.97
Revenue GrowthN/A
EPS Growth-27.47%
CountryUS
Employees10
SectorIndustrials
Sector Strength64
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.81
Shares Outstanding20,885,490
10 Day Avg. Volume914,577
30 Day Avg. Volume1,112,598
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-11.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Lightbridge Business Overview & Revenue Model
Company DescriptionLightbridge Corporation, together with its subsidiaries, engages in the design and development of nuclear fuel technology under the Lightbridge Fuel name. It focuses on developing and commercializing metallic nuclear fuels that could enhance resistance of nuclear fuel in existing and new nuclear reactors with a meaningful impact on addressing climate change and air pollution. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.
How the Company Makes MoneyLightbridge makes money primarily through the development and commercialization of its proprietary nuclear fuel technology. The company's revenue model is centered around licensing its advanced nuclear fuel designs to nuclear utilities and reactor operators. These partnerships allow Lightbridge to generate revenue through licensing fees and royalties based on the usage of their fuel technology in commercial nuclear reactors. Additionally, the company may engage in collaborative research and development agreements with government agencies or other industry stakeholders, which can provide additional funding and partnership opportunities. Lightbridge's growth and financial performance are heavily reliant on the successful adoption of its technology by the nuclear power industry, as well as regulatory approvals and support from governments and international bodies promoting nuclear energy solutions.
Lightbridge Financial Statement Overview
Summary
Lightbridge faces significant financial hurdles due to consistent net losses and lack of revenue generation, despite a strong equity position and zero debt.Income Statement
Lightbridge has consistently generated zero revenue over the analyzed periods, with persistent net losses indicating an inability to attain profitability. The absence of revenue growth and negative EBIT and EBITDA margins further highlight financial struggles.5
Very Negative
Balance Sheet
The company maintains a strong equity position with zero debt, reflected in a high equity ratio. However, the lack of revenue and profitability limits the overall appeal of the balance sheet despite the solid equity base.45
Neutral
Cash Flow
Lightbridge exhibits negative operating and free cash flow, indicating challenges in generating cash from operations. While financing activities provide cash inflow, the dependence on external financing is a potential concern.30
Negative
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | -100.12K |
| EBIT | ||||
| 0.00 | -9.04M | -7.79M | -7.88M | -14.50M |
| EBITDA | ||||
| 0.00 | 1.13M | 0.00 | -7.90M | -14.32M |
| Net Income Common Stockholders | ||||
| -11.79M | -7.91M | -7.21M | -7.92M | -19.70M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 39.99T | 28.60M | 28.90M | 24.75M | 21.53M |
| Total Assets | ||||
| 40.95T | 29.40M | 29.47M | 24.96M | 21.79M |
| Total Debt | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Debt | ||||
| -39.99M | -28.60M | -28.90M | -24.75M | -21.53M |
| Total Liabilities | ||||
| 424.58B | 486.33K | 350.33K | 171.52K | 4.58M |
| Stockholders Equity | ||||
| 40.53T | 28.91M | 29.12M | 24.79M | 17.21M |
| Cash Flow | Free Cash Flow | |||
| -9.49M | -6.49M | -6.77M | -11.05M | -8.78M |
| Operating Cash Flow | ||||
| -9.49M | -6.48M | -6.76M | -11.04M | -8.57M |
| Investing Cash Flow | ||||
| 0.00 | -640.00 | -6.64K | -16.02K | -210.44K |
| Financing Cash Flow | ||||
| 20.89M | 6.18M | 10.92M | 14.27M | 12.35M |
Lightbridge Technical Analysis
Positive
8.85
Price Trends
9.16
Negative
7.83
Positive
6.05
Positive
Market Momentum
-0.16
Negative
56.79
Neutral
85.56
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LTBR, the sentiment is Positive. The current price of 8.85 is above the 20-day moving average (MA) of 7.54, below the 50-day MA of 9.16, and above the 200-day MA of 6.05, indicating a neutral trend. The MACD of -0.16 indicates Negative momentum. The RSI at 56.79 is Neutral, neither overbought nor oversold. The STOCH value of 85.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LTBR.
Lightbridge Risk Analysis
Lightbridge disclosed 28 risk factors in its most recent earnings report. Lightbridge reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Lightbridge Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $4.26B | 11.28 | 5.43% | 215.24% | 4.12% | -8.73% | |
54 Neutral | $209.29M | ― | -21.13% | ― | 15.67% | -45.59% | |
49 Neutral | $112.83M | ― | -283.03% | ― | 46.76% | 19.94% | |
41 Neutral | $177.77M | ― | -26.15% | ― | ― | -517.75% | |
39 Underperform | $166.25M | ― | -33.95% | ― | ― | -27.47% | |
38 Underperform | $159.60M | ― | -47.77% | ― | -27.50% | -58.61% | |
35 Underperform | $149.97M | ― | -213.73% | ― | -13.17% | 48.73% |
* Industrials Sector Average
Performance Comparison
LTBR
Lightbridge
8.85
6.23
237.79%
EAF
GrafTech International
0.65
-0.96
-59.63%
SKYX
SQL Technologies
1.04
0.21
25.30%
TE
T1 Energy
1.23
-0.35
-22.15%
SLDP
Solid Power
1.14
-0.50
-30.49%
NVX
NOVONIX Ltd Sponsored ADR
1.18
-1.03
-46.61%
Lightbridge Earnings Call Summary
Earnings Call Date: Feb 26, 2025 | % Change Since: -10.24% | Next Earnings Date: May 7, 2025
Earnings Call Sentiment Positive
The earnings call highlights Lightbridge's strategic advancements, successful manufacturing milestones, and financial strength amidst a global push for increased nuclear capacity. However, the increased net loss and rising expenses present financial challenges.Highlights
Strategic Partnership with Oklo
Lightbridge signed a memorandum of understanding with Oklo to evaluate collocating a fuel fabrication facility and explore advanced fuel recycling opportunities, which could create significant synergies.
Successful Coextrusion Demonstration
Lightbridge achieved a manufacturing milestone with the successful demonstration of a proprietary coextrusion process at Idaho National Laboratory, producing an eight-foot-long fuel coupon sample.
Financial Strength
Lightbridge reported a strong working capital position of $39.9 million as of December 31, 2024, providing financial flexibility to support near-term development expenditures.
Expansion of Nuclear Power
Global commitment to tripling nuclear capacity by 2050 and the emergence of data centers as a new market for nuclear power present significant growth opportunities for Lightbridge.
Positive Government-Funded Studies
Independent studies by MIT and Structural Integrity Associates, funded by the US Department of Energy, validated the enhanced safety and performance of Lightbridge fuel.
Lowlights
Increased Net Loss
Net loss increased to $11.8 million for the fiscal year ended December 31, 2024, compared to $7.9 million in the previous year, primarily due to increased R&D and G&A expenses.
Rise in R&D and G&A Expenses
R&D expenses rose to $4.6 million, up by $2.7 million from the previous year, and G&A expenses increased to $8.5 million, up by $1.4 million, reflecting higher spending on development activities.
Company Guidance
During the conference call, Lightbridge Corporation provided several key metrics related to their financial performance and strategic initiatives for fiscal year 2024. The company reported a working capital position of $39.9 million as of December 31, 2024, compared to $25.8 million on September 30, 2024, with total assets of $41 million and total liabilities of $0.4 million. They noted a net loss of $11.8 million for the year, attributed largely to increased R&D expenses, which rose to $4.6 million from $1.9 million the previous year. The company's total cash and cash equivalents increased by $11.4 million to $40 million by the end of 2024. Regarding their strategic initiatives, Lightbridge highlighted a significant manufacturing milestone achieved at Idaho National Laboratory and ongoing partnerships with the U.S. Department of Energy's National Laboratories. The company expects to invest approximately $17 million in R&D for 2025, reflecting their commitment to advancing their nuclear fuel technology. Additionally, the company's collaboration with Oklo was emphasized as a potential avenue for cost savings and innovation in nuclear fuel fabrication and recycling.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.