LeddarTech Holdings (LDTC) AI Stock Analysis

• Market Cap: $910.75K
• Dividend Yield: N/A
• Average Volume (3M): 2.45M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 150
• Sector: Financial
• Sector Strength: 78
• Industry: Software - Application
• EPS (TTM): -0.31
• Shares Outstanding: 37,613,792
• 10 Day Avg. Volume: 6,742,045
• 30 Day Avg. Volume: 2,453,623
• PEG Ratio: -1.60
• Price to Book (P/B): 3.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -81.12
• 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: $1.00
• Price Target Upside: 4900.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 37 Underperform
• Price Target: $0.00 ▼(-100.00%Downside)

The overall stock score is heavily influenced by the poor financial performance and bearish technical indicators, which reflect significant operational and market challenges. The lack of valuation metrics and financial health concerns further contribute to the low score. Strategic advancements noted in the earnings call provide some positive outlook but are not enough to offset the prevailing issues.

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 (LDTC) is a technology company specializing in advanced sensing solutions, particularly for automotive and mobility applications. The company focuses on developing and providing comprehensive sensor fusion and perception software that enables autonomous driving and advanced driver assistance systems (ADAS). LeddarTech's core products include LeddarVision, a robust perception platform that integrates raw data from various sensors to deliver accurate environmental models, and LeddarEngine, a technology suite that powers its solid-state LiDAR solutions.

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	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	1.71M	477.81K	7.45M	8.77M	8.23M
Gross Profit	828.23K	477.81K	-74.67K	3.46M	2.97M
EBITDA	-39.32M	-157.43M	-44.55M	-71.68M	-50.22M
Net Income	-49.88M	-165.89M	-47.99M	3.76M	-4.40M
Balance Sheet
Total Assets	22.97M	18.93M	72.17M	329.80M	325.65M
Cash, Cash Equivalents and Short-Term Investments	9.21M	5.27M	5.06M	18.40K	627.63K
Total Debt	107.34M	91.42M	51.51M	157.00K	113.24M
Total Liabilities	134.89M	107.56M	74.26M	945.11K	11.93M
Stockholders Equity	-111.92M	-88.63M	7.11M	328.86M	313.72M
Cash Flow
Free Cash Flow	-19.52M	-54.37M	-39.85M	-13.79M	-18.59M
Operating Cash Flow	-18.85M	-40.89M	-36.65M	-766.23K	-875.79K
Investing Cash Flow	-3.96M	-11.53M	-11.17M	-12.00M	-325.00M
Financing Cash Flow	17.98M	52.47M	21.25M	157.00K	318.86M

LeddarTech Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LDTC, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.34, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 22.90 is Positive, neither overbought nor oversold. The STOCH value of -0.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LDTC.

LeddarTech Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	AU$10.11B	8.32	11.67%	4.97%	32.88%	39.55%
CREX	52 Neutral	$32.40M	27.05	-0.11%	―	1.68%	98.96%
SMSI	50 Neutral	$17.23M	―	-55.77%	―	-45.77%	67.69%
IPM	47 Neutral	$20.60M	―	-17.07%	―	-13.06%	-151.73%
LDTC	37 Underperform	$910.75K	―	187.17%	―	―	―