NCM·Technology·$715M·#278 / 282 in Technology

LPTH LightPath Technologies, Inc.

21HIGH RISK

CATEGORY BREAKDOWN

GROWTH28
QUALITY27
STABILITY14
VALUATION33
GOVERNANCE7

METRIC BREAKDOWN

Revenue Growth (YoY)

Year-over-year revenue growth rate

+17.3%
28

> 50% strong

Gross Margin

Revenue retained after direct costs

27.2%
36

> 50% strong

Cash Runway

Months of cash at current burn rate

7 months
15

> 24 months ideal

Debt / Equity

Total debt relative to shareholder equity

97.1%
13

< 25% strong

Price / Sales

Market cap relative to trailing revenue

13.5x
33

< 3x strong

Rule of 40

Growth rate plus operating margin

-10
12

> 40 excellent

Insider Ownership

Percentage of shares held by insiders

1.3%
10

> 20% strong

Share Dilution (12M)

Share count increase over last 12 months

+34.5%
0

< 5% ideal

SCORE HISTORY

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DATA INFO

Last updated: May 4, 2026

Sources: SEC EDGAR, Financial Modeling Prep, Yahoo Finance. Not financial advice.