Lite Strategy, Inc. most recently reported annual revenue of $0, a net loss of $71.0M. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Lite Strategy, Inc.: Revenue fell from $35.0M in 2021 to $0 in 2026, a change of -100.0% over 5 years; net profit was positive in 1 of 6 reported years; operating margin moved from -173.7% to 22.3%, a shift of +195.9 percentage points; the most recent year shows a net loss of $71.0M.
Income Statement — 6 Years (USD millions)
Metric
2021
2022
2023
2024
2025
2026
Revenue
$35.0M
$41.0M
$49.0M
$65.0M
$0
$0
Operating Expenses
$95.0M
$116.0M
$86.0M
$51.0M
$17.0M
$12.0M
Operating Profit
$-60.0M
$-75.0M
$-37.0M
$15.0M
$-17.0M
$-12.0M
Operating Margin
-173.7%
-185.5%
-75.3%
22.3%
0.0%
0.0%
Other Income
$19.0M
$21.0M
$5.0M
$3.0M
$2.0M
$-59.0M
Interest
$0
$0
$0
$0
$0
$0
Depreciation
$0
$0
$0
$0
$0
$0
Profit Before Tax
$-41.0M
$-54.0M
$-32.0M
$18.0M
$-16.0M
$-71.0M
Tax
$-20,000
$0
$0
$0
$0
$0
Net Profit
$-41.0M
$-54.0M
$-32.0M
$18.0M
$-16.0M
$-71.0M
EPS
$-12.00
$-9.99
$-4.78
$2.67
$-2.39
$-2.06
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 11 Quarters (USD millions)
Metric
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Operating Expenses
$12.0M
$10.0M
$8.0M
$8.0M
$3.0M
$3.0M
$3.0M
$4.0M
$3.0M
$3.0M
$3.0M
Operating Profit
$-12.0M
$-10.0M
$-8.0M
$-8.0M
$-3.0M
$-3.0M
$-3.0M
$-4.0M
$-3.0M
$-3.0M
$-3.0M
Operating Margin
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$-11.0M
$-9.0M
$-18.0M
$-8.0M
$-3.0M
$-3.0M
$-3.0M
$-4.0M
$-31.0M
$-24.0M
$-13.0M
Tax
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net Profit
$-11.0M
$-9.0M
$-18.0M
$-8.0M
$-3.0M
$-3.0M
$-3.0M
$-4.0M
$-31.0M
$-24.0M
$-13.0M
EPS
$-1.66
$-1.37
$-2.76
$-1.20
$-0.40
$-0.39
$-0.40
$-0.55
$-4.62
$-3.56
$-0.38
Over the 6 years reported for Lite Strategy, Inc., borrowings decreased from $8.0M in 2021 to $0 in 2026, cash stood at $6.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 6.00 times.
Balance Sheet — 6 Years (USD millions)
Metric
2021
2022
2023
2024
2025
2026
Total Assets
$174.0M
$178.0M
$121.0M
$41.0M
$18.0M
$43.0M
Current Assets
$165.0M
$167.0M
$108.0M
$41.0M
$18.0M
$6.0M
Cash
$9.0M
$16.0M
$17.0M
$4.0M
$18.0M
$6.0M
Inventory
$0
$0
$0
$0
$0
$0
Receivables
$8.0M
$10.0M
$0
$0
$0
$0
Fixed Assets
$9.0M
$11.0M
$13.0M
$1.0M
$0
$0
Capital Work in Progress
$0
$0
$0
$0
$0
$0
Investments
$145.0M
$138.0M
$84.0M
$35.0M
$0
$9.0M
Other Assets
$0
$0
$0
$0
$0
$0
Total Liabilities
$125.0M
$125.0M
$96.0M
$8.0M
$1.0M
$1.0M
Current Liabilities
$20.0M
$24.0M
$20.0M
$8.0M
$1.0M
$1.0M
Borrowings
$8.0M
$10.0M
$13.0M
$0
$0
$0
Other Liabilities
$116.0M
$116.0M
$83.0M
$8.0M
$1.0M
$1.0M
Equity
$0
$0
$0
$0
$0
$0
Reserves
$49.0M
$52.0M
$25.0M
$33.0M
$17.0M
$42.0M
For Lite Strategy, Inc., operating cash flow was positive in 0 of 6 reported years; free cash flow in the latest year was negative at $9.0M; free cash flow was positive in 0 of 6 years; financing activities used $5.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 6 Years (USD millions)
Metric
2021
2022
2023
2024
2025
2026
Operating Cash Flow
$-32.0M
$-49.0M
$-52.0M
$-50.0M
$-21.0M
$-9.0M
Investing Cash Flow
$24.0M
$6.0M
$54.0M
$49.0M
$35.0M
$-95.0M
Financing Cash Flow
$0
$-3.0M
$0
$0
$0
$-5.0M
Net Cash Flow
$-4.0M
$7.0M
$1.0M
$-13.0M
$14.0M
$-12.0M
Free Cash Flow
$-33.0M
$-49.0M
$-53.0M
$-50.0M
$-21.0M
$-9.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
0.00
EV / EBITDA
-3.46
FCF Yield
-19.08%
Quick Ratio
5.74
Interest Coverage
—
Return 1Y
-67.43%
Return 3Y
-82.70%
Return 5Y
-97.58%
Lite Strategy, Inc. (LITS) financials — frequently asked questions
What is Lite Strategy, Inc.'s annual revenue?
Lite Strategy, Inc. (LITS) reported annual revenue of $0 in its most recent fiscal year.
What is Lite Strategy, Inc.'s net profit?
Lite Strategy, Inc. (LITS) reported a net loss of $71.0M in its most recent fiscal year.
What is LITS EV/EBITDA?
Lite Strategy, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -3.46. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.