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Lightbridge Corp. (LTBR)
NASDAQ:LTBR
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Lightbridge
(NASDAQ:LTBR)
Rating:39Underperform
Price Target:―
Lightbridge (LTBR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$313.90M
Dividend YieldN/A
Average Volume (3M)2.46M
Price to Earnings (P/E)―
Beta (1Y)1.71
Revenue GrowthN/A
EPS Growth-27.47%
CountryUS
Employees10
SectorIndustrials
Sector Strength84
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.24
Shares Outstanding23,548,325
10 Day Avg. Volume1,937,990
30 Day Avg. Volume2,455,502
Financial Highlights & Ratios
PEG Ratio5.31
Price to Book (P/B)4.55
Price to Sales (P/S)0.00
P/FCF Ratio-28.76
Enterprise Value/Market Cap0.82
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-5.15
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 Earnings Call Summary
Earnings Call Date:May 12, 2025
(Q1-2025)
| % Change Since: 32.70%|
Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment Positive
The earnings call highlighted significant achievements in technology demonstration and strategic partnerships, along with a strong financial position and growing global support for nuclear energy. However, the increased net loss and ongoing uncertainty regarding DOE financing were noted as challenges.Q1-2025 Updates
Positive Updates
Successful Demonstration of Co-Extrusion Manufacturing Process
Lightbridge successfully demonstrated its proprietary co-extrusion manufacturing process at Idaho National Laboratory, creating an 8-foot long fuel coupon sample.
Strategic Partnerships and Memorandum of Understanding with Oklo
Lightbridge signed an MOU with Oklo to explore synergies in co-locating a fuel fabrication facility and collaboration on reprocessing and recycling of spent uranium-zirconium fuel.
Strong Financial Position and Increased Working Capital
The company's working capital position increased to $56.5 million as of March 31, 2025, up from $39.9 million at December 31, 2024.
Global Nuclear Resurgence and Government Support
There is significant global support for nuclear energy, including the U.S. policy to quadruple nuclear power by 2050 and commitments from over 20 countries to triple global nuclear capacity.
Negative Updates
Increased Net Loss and Expenses
Net loss increased to $4.8 million for Q1 2025, compared to $2.8 million in Q1 2024, with increases in R&D and G&A expenses.
Uncertainty in DOE Financing
There is uncertainty regarding whether Lightbridge will receive DOE financing in the near future.
Company Guidance
During the Lightbridge Corporation's First Quarter 2025 Conference Call, several key metrics and financial figures were discussed. The company's working capital stood at $56.5 million as of March 31, 2025, up from $39.9 million at the end of 2024, with total assets valued at $58.3 million and total liabilities at $1 million. The total cash and cash equivalents increased to $56.9 million from $40 million, while cash used in operating activities rose to $3.3 million for the first quarter, compared to $1.9 million in the same period of 2024. This increase was attributed to higher R&D and G&A expenses. Furthermore, the net loss for the first quarter was $4.8 million, compared to $2.8 million in the previous year. The company anticipates investing approximately $17 million in R&D for 2025 and aims to continue seeking government funding and strategic alliances to support its fuel development activities.Lightbridge Financial Statement Overview
Summary
Lightbridge faces significant financial hurdles, primarily due to its inability to generate revenue and consistent net losses. The strong equity position and absence of debt offer some stability, but the reliance on financing to support cash flows underscores ongoing financial challenges.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 | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -100.00K | EBIT |
| -15.02M | -13.06M | -9.04M | -7.79M | -7.88M | -14.50M | EBITDA |
| -14.65M | -11.79M | -7.91M | -7.79M | -7.90M | -14.32M | Net Income Common Stockholders |
| -13.74M | -11.79M | -7.91M | -7.50M | -7.84M | -14.42M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 56.93M | 39.99M | 28.60M | 28.90M | 24.75M | 21.53M | Total Assets |
| 58.29M | 40.95M | 29.40M | 29.47M | 24.96M | 21.79M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -56.93M | -39.99M | -28.60M | -28.90M | -24.75M | -21.53M | Total Liabilities |
| 966.21K | 424.58K | 486.33K | 350.33K | 171.52K | 4.58M | Stockholders Equity |
| 57.32M | 40.53M | 28.91M | 29.12M | 24.79M | 17.21M |
| Cash Flow | Free Cash Flow | ||||
| -10.92M | -9.49M | -6.49M | -6.77M | -11.05M | -8.78M | Operating Cash Flow |
| -10.92M | -9.49M | -6.48M | -6.76M | -11.04M | -8.57M | Investing Cash Flow |
| 0.00 | 0.00 | -640.00 | -6.64K | -16.02K | -210.44K | Financing Cash Flow |
| 39.90M | 20.89M | 6.18M | 10.92M | 14.27M | 12.35M |
Lightbridge Technical Analysis
Positive
12.66
Price Trends
11.29
Positive
10.42
Positive
7.90
Positive
Market Momentum
0.40
Positive
47.87
Neutral
13.67
Positive
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 12.66 is below the 20-day moving average (MA) of 14.44, above the 50-day MA of 11.29, and above the 200-day MA of 7.90, indicating a neutral trend. The MACD of 0.40 indicates Positive momentum. The RSI at 47.87 is Neutral, neither overbought nor oversold. The STOCH value of 13.67 is Positive, 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 (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $1.32B | 4.01 | -2.93% | 11.77% | 3.38% | -51.94% | |
54 Neutral | $294.25M | ― | -213.73% | ― | -16.86% | 50.05% | |
53 Neutral | $322.85M | ― | -20.64% | ― | 3.22% | -33.20% | |
43 Neutral | $122.95M | ― | -395.45% | ― | 12.42% | 23.63% | |
41 Neutral | $161.51M | ― | -47.77% | ― | -27.50% | -58.61% | |
40 Underperform | $212.08M | ― | -21.45% | ― | ― | -517.75% | |
39 Underperform | $313.90M | ― | -32.19% | ― | ― | -27.47% |
* Industrials Sector Average
Performance Comparison
LTBR
Lightbridge
12.66
10.13
400.40%
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1.32
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SLDP
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1.86
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1.06
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.