Lendway, Inc. financial data

Symbol
LDWY on Nasdaq
Industry
Agricultural Production-Crops
Location
5000 West 36 Th Street, Suite 220, Minneapolis, MN
State of incorporation
DE
Fiscal year end
December 31
Former names
INSIGNIA SYSTEMS INC/MN (to 7/31/2023)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 249 % -36.8%
Quick Ratio 108 %
Return On Equity -22.7 % -268%
Return On Assets -4.55 % -146%
Operating Margin -82.7 % -461%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.77M shares
Common Stock, Shares, Outstanding 1.77M shares +1.09%
Entity Public Float 6.69M USD +42.5%
Common Stock, Value, Issued 17K USD -5.56%
Weighted Average Number of Shares Outstanding, Basic 1.77M shares -0.84%
Weighted Average Number of Shares Outstanding, Diluted 1.77M shares -0.84%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 6.63M USD
Cost of Revenue 4.59M USD +61.7%
Selling and Marketing Expense 69K USD
General and Administrative Expense 10.8M USD +235%
Operating Income (Loss) -3.66M USD +2.14%
Nonoperating Income (Expense) 31K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.49M USD -44.2%
Income Tax Expense (Benefit) -1.26M USD -5900%
Net Income (Loss) Attributable to Parent -3.66M USD -283%
Earnings Per Share, Basic -0.42 USD/shares -2000%
Earnings Per Share, Diluted -0.64 USD/shares -202%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 15M USD
Accounts Receivable, after Allowance for Credit Loss, Current 200K USD -95.8%
Inventory, Net 15.5M USD
Assets, Current 20.6M USD +17%
Property, Plant and Equipment, Net 11.5M USD +28041%
Operating Lease, Right-of-Use Asset 33.4M USD
Intangible Assets, Net (Excluding Goodwill) 26M USD
Goodwill 10.5M USD
Other Assets, Noncurrent 10K USD
Assets 102M USD +481%
Accounts Payable, Current 3.68M USD +3732%
Accrued Liabilities, Current 2.03M USD
Liabilities, Current 9.06M USD +435%
Accrued Income Taxes, Noncurrent 42K USD -20.8%
Deferred Income Tax Liabilities, Net 8.74M USD
Operating Lease, Liability, Noncurrent 32.7M USD
Other Liabilities, Noncurrent 178K USD
Accumulated Other Comprehensive Income (Loss), Net of Tax 38K USD
Retained Earnings (Accumulated Deficit) -3.46M USD -928%
Stockholders' Equity Attributable to Parent 12.8M USD -19.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 15.3M USD -4.01%
Liabilities and Equity 102M USD +481%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.47M USD
Net Cash Provided by (Used in) Financing Activities 21.8M USD +272838%
Net Cash Provided by (Used in) Investing Activities -34.4M USD -572767%
Common Stock, Shares Authorized 5.71M shares 0%
Common Stock, Shares, Issued 1.77M shares +1.09%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -11.1M USD -188%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.33M USD -91.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 46K USD
Deferred Tax Assets, Valuation Allowance 645K USD -45.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 14K USD -26.3%
Operating Lease, Liability 33.8M USD
Depreciation 436K USD
Payments to Acquire Property, Plant, and Equipment 230K USD +3733%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.12M USD -200%
Lessee, Operating Lease, Liability, to be Paid 58.2M USD
Property, Plant and Equipment, Gross 12.7M USD
Operating Lease, Liability, Current 1.04M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.84M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 3.77M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Deferred Income Tax Expense (Benefit) -505K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1K USD -96.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.92M USD
Deferred Tax Assets, Operating Loss Carryforwards 529K USD -35.8%
Current Income Tax Expense (Benefit) 736K USD
Unrecognized Tax Benefits 35K USD -14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.81M USD
Operating Lease, Payments -3K USD -100%
Additional Paid in Capital 16.2M USD -0.06%
Amortization of Intangible Assets 381K USD
Depreciation, Depletion and Amortization 16K USD -23.8%
Share-based Payment Arrangement, Expense 39K USD -57.1%