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LeoNovus Inc (TSE:LTV)
:LTV
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LeoNovus
(LTV)
29Underperform
LeoNovus (LTV) vs. S&P 500 (SPY)
Market Cap
C$836.04K
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)-0.03
Revenue GrowthN/A
EPS Growth40.19%
CountryCA
Employees4
SectorTechnology
Sector Strength55
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.04
Shares Outstanding20,900,995
10 Day Avg. Volume0
30 Day Avg. Volume0
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)N/A
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
LeoNovus Business Overview & Revenue Model
Company DescriptionLeonovus Inc. operates as a data management software company. The company's products include Smart Filer, a cloud information lifecycle management solution that analyzes existing file storage and extends its capacity; Vault, a multi-cloud data controller that stores data securely across hybrid and multi-cloud environments; and XVault, a data sharing engine that transfers customers information remotely only to its intended recipients. It offers storage management solutions with technologies that enable intelligent data management in various local, network, and cloud storage. The company is based in Ottawa, Canada.
How the Company Makes MoneyLeoNovus makes money primarily through the sale and licensing of its proprietary software solutions designed for data storage and management. The company generates revenue by offering subscription-based services for its cloud-based platform, allowing clients to access its distributed storage networks and data management tools. Additionally, LeoNovus may enter into strategic partnerships and collaborations with other technology firms to enhance its offerings and expand its market reach, contributing to its revenue streams. The company may also provide professional services, including consulting and customization, to tailor its solutions to the specific needs of its clients, further supporting its earnings.
LeoNovus Financial Statement Overview
Summary
LeoNovus is facing significant financial difficulties across all key verticals with no revenue growth, persistent losses, and high leverage posing substantial risks to financial stability and solvency. Some improvement in cash flow is noted, but overall financial health remains precarious.Income Statement
LeoNovus's income statement reveals significant challenges. The company has experienced a consistent decline in revenue from 2020 to TTM (Trailing-Twelve-Months) 2024, with zero revenue in the most recent period. Gross profits have been negative or zero, leading to negative EBIT and EBITDA margins. The net income has also been consistently negative, reflecting ongoing profitability issues.15
Very Negative
Balance Sheet
The balance sheet shows substantial financial instability. The company has negative stockholders' equity in recent periods, indicating a high level of debt relative to equity and potential solvency issues. The total liabilities far exceed assets, contributing to a negative equity position. This highlights significant financial risk and leverage concerns.10
Very Negative
Cash Flow
Cash flow analysis shows some improvement in operating cash flow in the TTM (Trailing-Twelve-Months) 2024. However, free cash flow remains inconsistent and has been negative in prior periods, reflecting challenges in maintaining positive cash generation. The operating cash flow to net income ratio is positive in the latest period, indicating some improvement in cash efficiency despite overall financial difficulties.20
Very Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 5.00K | 78.00K | 327.00K | 31.35K | Gross Profit |
| 0.00 | 0.00 | -177.00K | 78.00K | 327.00K | 31.35K | EBIT |
| -736.00K | -801.00K | -1.81M | -2.42M | -1.69M | ― | EBITDA |
| -735.00K | -11.00K | -1.54M | -2.22M | -1.42M | -6.60M | Net Income Common Stockholders |
| -777.00K | -53.00K | -3.09M | -2.58M | -1.80M | ― |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 306.52K | 1.00K | 43.00K | 1.25M | 834.00K | 761.55K | Total Assets |
| 311.67K | 106.00K | 112.00K | 2.77M | 3.13M | 2.80M | Total Debt |
| 0.00 | 98.00K | 800.00K | 786.00K | 1.12M | 809.89K | Net Debt |
| -306.52K | 97.00K | 757.00K | -461.00K | 288.00K | 97.97K | Total Liabilities |
| 12.76K | 1.66M | 1.70M | 1.35M | 2.34M | 1.77M | Stockholders Equity |
| 298.91K | -1.55M | -1.59M | 1.42M | 798.00K | 1.04M |
| Cash Flow | Free Cash Flow | ||||
| 35.00K | -79.00K | -1.08M | -2.05M | -1.19M | ― | Operating Cash Flow |
| 35.00K | -79.00K | -1.08M | -2.05M | -1.19M | ― | Investing Cash Flow |
| 0.00 | 0.00 | 0.00 | 0.00 | 50.00K | ― | Financing Cash Flow |
| 0.00 | 40.00K | -101.00K | 2.41M | 1.26M | 2.05M |
LeoNovus Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Performance Comparison
TSE:LTV
LeoNovus
0.04
0.00
0.00%
BB
BlackBerry
3.20
0.41
14.70%
TSE:KDA
KDA Group Inc.
0.28
-0.12
-30.00%
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.