LeoNovus (LTV) AI Stock Analysis

• Market Cap: C$836.04K
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.04
• Revenue Growth: N/A
• EPS Growth: 15.05%
• Country: CA
• Employees: 4
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 20,900,995
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.24
• Price to Book (P/B): -0.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.87
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 29 Underperform
• Price Target: ―

LeoNovus's stock is severely impacted by poor financial performance, with no revenue and continued losses. The technical analysis reflects weak market interest, while valuation highlights negative returns. Overall, the stock faces substantial risks with little positive outlook.

Positive Factors

Cash Flow Improvement

Improvement in operating cash flow suggests better cash management and efficiency, which could support operational stability and future growth.

Innovative Product Offering

The company's focus on innovative data storage solutions positions it well in the growing cloud services market, potentially driving future demand.

Strategic Revenue Streams

Diverse revenue streams through subscriptions and partnerships can provide stable income and enhance market reach, supporting long-term growth.

Negative Factors

Financial Instability

Ongoing financial instability with no revenue growth and high leverage threatens the company's solvency and long-term viability.

Negative Equity Position

A negative equity position indicates high financial risk, limiting the company's ability to secure financing and invest in growth opportunities.

Consistent Revenue Decline

The consistent decline in revenue reflects challenges in market competitiveness and product adoption, impacting long-term sustainability.

LeoNovus Business Overview & Revenue Model

Company Description

Leonovus 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 Money

LeoNovus 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.

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.

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.

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
EBITDA	-735.00K	-11.00K	-2.79M	-2.28M	-1.42M	-6.60M
Net Income	-777.00K	-53.00K	-3.09M	-2.58M	-1.80M	―
Balance Sheet
Total Assets	51.00K	106.00K	112.00K	2.77M	3.13M	2.80M
Cash, Cash Equivalents and Short-Term Investments	31.00K	1.00K	43.00K	1.25M	834.00K	761.55K
Total Debt	129.00K	98.00K	800.00K	786.00K	1.12M	809.89K
Total Liabilities	2.11M	1.66M	1.70M	1.35M	2.34M	1.77M
Stockholders Equity	-2.06M	-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	-6.24M
Operating Cash Flow	35.00K	-79.00K	-1.08M	-2.05M	-1.19M	-6.15M
Investing Cash Flow	0.00	0.00	0.00	0.00	50.00K	-91.44K
Financing Cash Flow	0.00	40.00K	-101.00K	2.41M	1.26M	2.05M

LeoNovus Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
XIGM	44 Neutral	C$650.75K	-1.59	-75.02%	―	36.13%	50.39%
ISGI	43 Neutral	C$1.71M	-2.63	―	―	-6.02%	30.91%
LTV	29 Underperform	C$836.04K	-1.27	―	―	―	15.05%

LeoNovus Corporate Events

Leonovus Halts Acquisition Agreement with Wellfield Technologies

Leonovus Inc., a company listed on the TSX Venture Exchange, has terminated its amended and restated share purchase agreement with Wellfield Technologies Inc. regarding the proposed acquisition of Wellfield’s subsidiary, Tradewind Markets Inc. This transaction was expected to be a reverse takeover under TSX Venture Exchange policies. The termination of this agreement may impact Leonovus’s strategic plans and market positioning, and the company plans to provide further business updates soon.