LGL GROUP INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data LGL GROUP INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	20.9	22.4	24.9	31.9	31.2	1.45	1.66	3.68	4.29	4.17
Research and development	1.91	1.83	1.95	2	2.14	2.21
Selling and marketing								0.01	0.19	0.19
Operating income	-0.16	0.28	1.43	3.44	1.42	-3.52	-2.05	0.65	0.7	0.25
Interest expense	0.02	0.01
Interest income							0.19	1.57	0	0
Other non-operating income	0.14	-0.06	0.14	0.47	-0.11	19.5	-4.36
Pre-tax income	-0.02	0.22	1.57	3.91	1.3	16	-6.41	0.65	0.7	0.25
Income tax	-0.17	0.1	0.17	-3.11	0.34	3.47	-1.53	0.3	0.18	-0.51
Income from continuing operations							-4.88	0.3	0.43
Net income to minority interests							0	0.05	0.09	0.07
Net income	0.15	0.12	1.41	7.02	0.97	14.6	-2.99	0.27	0.43	0.69
EBITDA	0.54	0.84	1.85	3.86	1.87	-3.02	-1.55	0.65	0.7
EPS, basic	0.06	0.04	0.30	1.44	0.19	2.77	-0.56	0.05	0.08	0.13
EPS, diluted	0.06	0.04	0.29	1.41	0.19	2.74	-0.56	0.05	0.08	0.11
Shares, basic (weighted)	2.67	2.93	4.75	4.88	5.17	5.28	5.34	5.35	5.35	5.4
Shares, diluted (weighted)	2.67	3.04	4.88	4.98	5.22	5.33	5.38	5.35	5.55	6.41

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	2.78	13.3	15.5	12.5	18.3	26.4	21.5	40.7	41.6	41.5
Short-term investments		3.8	3.78	5.63	5.79	16.2	16.6	0.02	0.02	0.04
Receivables	3.5	3.39	3.39	4.45	4.12	0.67	0.54	0.36	0.49	0.57
Inventory	3.64	3.88	4.47	6.02	5.28	0.27	0.27	0.2	0.27	0.3
Other current assets	0.2	0.23	0.24	0.37	0.26	0.26	0.44	0.27	0.28	0.26
Total current assets	12.9	24.6	27.4	28.9	33.8	55.8	39.3	41.6	42.6	46.3
Property, plant and equipment	2.71	2.18	2.09	2.83	2.79	0	0	0.08	0.31
Lease right-of-use assets				0.33	0.42	0.18	0.13	0.08	0.31	0.25
Goodwill	0.04	0.04	0.04	0.04	0.04	0.04
Intangible assets	0.59	0.51	0.44	0.36	0.29	0.1	0.08	0.06	0.04	0.02
Other non-current assets	0.2	0.1		0.1	0.02	0.01				0
Total assets	16.6	27.6	30.1	39.2	43.5	60.3	39.8	41.9	43.1	46.8
Accounts payable	1.53	1.48	1.42	1.87	1.24	0.06	0.31	0.09	0.33	0.37
Accrued liabilities	0.94	0.87	1.14	1.83	1.32	0.33	0.17	0.26	0.29	0.25
Total current liabilities	2.76	2.63	2.75	4.08	3.4	4.43	0.59	0.47	0.9	0.92
Long-term debt				0.24	0.29	0.61
Other non-current liabilities					0.29	0.47	0.71	0.69	1	0.3
Total liabilities	2.76	2.63	2.75	4.32	3.69	5.57	1.3	1.17	1.91	1.21
Total debt				0.24	0.29	0.61
Paid-in capital	29.2	40	41	41.6	45.5	45.8	46.3	46.3	46.4	50.3
Retained earnings	-14.7	-14.6	-13.2	-6.15	-5.19	9.45	-7.33	-7.06	-6.63	-5.94
Treasury stock	-0.58	-0.58	-0.58	-0.58	-0.58	-0.58	-0.58	-0.58	-0.58	-0.95
Other comprehensive income	-0	0.04
Shareholders' equity	13.9	24.9	27.3	34.9	39.8	54.7	38.5	38.8	39.2	43.5
Minority interests							0	1.92	2.01	2.08
Total equity	13.9	24.9	27.3	34.9	39.8	54.7	38.5	40.7	41.2	45.6
Total liabilities and equity	16.6	27.6	30.1	39.2	43.5	60.3	39.8	41.9	43.1	46.8
Shares outstanding	2.68	4.69	4.83	4.93	5.27	5.31	5.35	5.37	5.37	6.17

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	0.15	0.12	1.41	7.02	0.97	14.6	-2.99	0.32	0.52	0.76
Depreciation and amortization	0.7	0.57	0.42	0.42	0.45	0.5	0.5	0	0
Stock-based compensation	0.07	0.09	0.06	0.11	0.79	0.41	0.39	0	0.04	0.06
Deferred income tax	-0.21	0.04	0.05	-3.18	0.26	3.14	-1.52	0.08	0.06	-0.03
Change in receivables	-0.89	0.11	-0	-1.05	0.32	-0.55	-0.61	0.19	-0.14	-0.08
Change in inventory	-0.06	-0.24	-0.59	-1.55	0.74	-0.21	-2.33	0.06	-0.06	-0.03
Change in payables	0.63	-0.13	0.13	1.24	-0.72	0.8	1.55	-0.07	0.44	-0.63
Cash from operations	0.28	0.68	1.66	2.67	3.19	1.35	-0.82	0.39	0.87	0.07
Capital expenditures	-0.17	-0.13	-0.32	-1.16	-0.41	-1.1	-0.66	0
Acquisitions	-0.3
Purchases of investments		-1		-5.05	-0.02	-5.32	-7.23	0
Sales and maturities of investments				3.4		18.5	2.06	16.9	0
Cash from investing	-3.05	-1	-0.32	-6.16	-0.43	9.41	-5.83	18.8	0
Stock issued		11	0.03	0.44	0.09	0.18	0.19	0
Share buybacks	-0.01								0	-0.37
Dividends paid	-0.06	-0.01
Cash from financing	-0.01	10.8	0.93	0.44	3.11	-0.07	-0.86	0	0	-0.14
Net change in cash	-2.78	10.5	2.26	-3.06	5.88	10.7	-7.51	19.2	0.87	-0.07
Free cash flow	0.11	0.55	1.33	1.5	2.79	0.25	-1.48	0.39
Interest paid	0.02	0.02	0.02	0.01	0
Income taxes paid	0.05	0.04	0.07	0.09	0.06	0.07	0.74	0.21	0.08	0.16

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $6.70 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	-21.8%	Operating income / revenue.
Pre-tax margin	-21.8%	Pre-tax income / revenue.
Net margin	-5.0%	Net income / revenue.
Operating cash flow margin	0.6%	Cash from operations / revenue.
Return on equity (ROE)	-0.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-0.5%	Net income / average total assets.
Stock-based pay / revenue	19.3%	Stock-based compensation (from the cash flow statement) / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-2.9%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	36.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-33.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-64.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 5y	-29.4%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	59.3%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 5y	-6.6%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	37.5%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 5y	-10.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-92.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y	-53.4%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	10.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	4.2%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	1.8%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	8.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	5.5%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	15.3%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	6.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	4.2%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	26.0x	Current assets / current liabilities.
Quick ratio	25.2x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	24.9x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	4.2%	Total liabilities / total assets.
Working capital	$45.2M	Current assets - current liabilities.
Goodwill and intangibles / assets	0.0%	(Goodwill + intangible assets) / total assets.
Tangible book value	$44.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.09x	Revenue / average total assets.
Receivables turnover	8.49x	Revenue / average receivables.
Days sales outstanding	43 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.02	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$0.71	Revenue / diluted weighted shares.
Operating cash flow per share	$0.00	Cash from operations / diluted weighted shares.
Book value per share	$6.78	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$6.78	Tangible book value / shares outstanding.
Cash per share	$6.90	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$84.5M	Share price x shares outstanding.
Enterprise value	$39.4M	Market cap + total debt - cash - short-term investments.
P/S	18.5x	Market cap / revenue.
P/B	1.91x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.91x	Market cap / tangible book value, when positive.
P/OCF	3,018x	Market cap / cash from operations, when positive.
EV/Sales	8.62x	Enterprise value / revenue.
Earnings yield	-0.3%	Net income / market cap (the inverse of P/E).

What was LGL GROUP INC's revenue in fiscal 2025?

LGL GROUP INC reported revenue of $4.2M for fiscal 2025, 2.9% lower than the year before.

Was LGL GROUP INC profitable in fiscal 2025?

Yes. Net income was $688.0K, a net margin of 16.5%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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