LeddarTech Holdings (LDTC) AI Stock Analysis

• Market Cap: $19.15M
• Dividend Yield: N/A
• Average Volume (3M): 142.16K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 150
• Sector: Financial
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 36,989,800
• 10 Day Avg. Volume: 200,144
• 30 Day Avg. Volume: 142,165
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $3.00
• Price Target Upside: 581.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

LeddarTech Holdings' overall stock score is low, primarily due to its poor financial performance characterized by declining revenues, negative profitability, and high leverage. The technical analysis reflects bearish momentum with some potential for a short-term rebound, while valuation remains uncertain due to a lack of data. Immediate improvements in financial health are essential for a better outlook.

Positive Factors

Commercial Success

LeddarTech has shown commercial traction, evidenced by a new commercial vehicle win and more firm partnerships with SoC vendors.

Partnership Growth

LeddarTech has grown its partnership ecosystem to key partners such as Texas Instruments, Arm, and Black Sesame, which are seen as critical for commercial traction long-term.

Revenue Potential

LeddarTech expects to start generating engineering services revenue this fiscal year.

Negative Factors

Financial Stability

Liquidity is a critical concern marked by bridge financing and an intended capital raise.

Legacy Business

The reported P&L continues to reflect the winding down of the legacy lidar business.

Liquidity Concerns

Liquidity concerns continue to linger, with further capital raises likely ahead to meet debt obligations.

LeddarTech Holdings Business Overview & Revenue Model

Company Description

LeddarTech Holdings Inc. provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.

How the Company Makes Money

LeddarTech Holdings generates revenue primarily through the sale and licensing of its advanced sensing technologies and software solutions to automotive original equipment manufacturers (OEMs), tier-1 suppliers, and other technology companies. Key revenue streams include licensing fees for its perception software platforms, sales of its proprietary LiDAR technology, and engineering services. The company also engages in strategic partnerships and collaborations with industry leaders to enhance its product offerings and expand its market presence. These partnerships often involve joint development agreements and technology integration, contributing to its earnings by increasing product adoption and expanding its customer base.

LeddarTech Holdings Financial Statement Overview

Summary

LeddarTech Holdings faces severe financial strain with declining revenues, negative profitability, high leverage, and deteriorating cash flows. Immediate strategic adjustments are required to stabilize operations and improve financial health.

Income Statement

LeddarTech Holdings shows significant revenue decline and negative profitability metrics. Gross Profit Margin is effectively zero, indicating challenges in covering costs. There is a substantial negative trend in Net Profit Margin and EBIT Margin, reflecting ongoing operational struggles.

Balance Sheet

The balance sheet highlights high leverage and negative equity, with a Debt-to-Equity Ratio that is undefined due to negative equity. The ROE is also negative, indicating losses against equity. Financial stability is a major concern with liabilities exceeding assets.

Cash Flow

Cash flow remains negative, with a steeper decline in Free Cash Flow and Operating Cash Flow relative to Net Income. This reflects inefficiencies in cash generation from operations. The Free Cash Flow Growth Rate is negative, indicating declining cash reserves.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement		Total Revenue
477.81K	7.45M	8.77M	8.23M
	Gross Profit
477.81K	-74.67K	3.46M	2.97M
	EBIT
-164.33M	-52.50M	-1.00M	-1.43M
	EBITDA
-157.43M	-44.55M	-71.68M	-50.22M
	Net Income Common Stockholders
-165.89M	-47.99M	3.76M	-4.40M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.27M	5.06M	18.40K	627.63K
	Total Assets
18.93M	72.17M	329.80M	325.65M
	Total Debt
91.42M	51.51M	157.00K	113.24M
	Net Debt
86.15M	46.45M	138.60K	112.61M
	Total Liabilities
107.56M	74.26M	945.11K	11.93M
	Stockholders Equity
-88.63M	7.11M	328.86M	313.72M
Cash Flow		Free Cash Flow
-54.37M	-39.85M	-13.79M	-18.59M
	Operating Cash Flow
-40.89M	-36.65M	-766.23K	-875.79K
	Investing Cash Flow
-11.53M	-11.17M	-12.00M	-325.00M
	Financing Cash Flow
52.47M	21.25M	157.00K	318.86M

LeddarTech Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LDTC, the sentiment is Positive. The current price of 0.44 is above the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.49, and below the 200-day MA of 0.60, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 49.36 is Neutral, neither overbought nor oversold. The STOCH value of 17.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LDTC.

LeddarTech Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.64B	9.74	8.05%	17044.60%	12.66%	-4.62%
CREX	60 Neutral	$19.43M	27.05	-12.92%	―	12.59%	18.85%
IPM	47 Neutral	$17.55M	―	-17.07%	―	-13.06%	-151.73%
SMSI	44 Neutral	$20.43M	―	-83.85%	―	-49.70%	-59.04%
LDTC	34 Underperform	$19.15M	―	187.17%	―	―	―