A company still losing money with growing sales, with elevated risk.
Going well
Sales up 19% in the latest quarter vs a year ago
Sales up 12% last year
Watch out for
About 6 months of cash left at its current burn
Losing money
Money moves
No insider buying or selling in the last 30 days
Institutions added 1.9% to their holdings in the quarter ending June 2026 (69 bought, 58 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$0.58-4.9% that day
Company value
$134M
Share price times all shares
Price vs sales
0.11x
No profit over the last year, so this compares value with sales instead
Cash vs value
171%
A big cushion: cash is a large part of what the company is worth
Debt vs value
1563%
Owes more than the whole company is worth
From LDI's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$337.3M+19% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.3B, up 11% from the 12 months before. Over 5 years, sales shrank about 23% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of LDI. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$2.1B
Profit in 5 years$212M
Price these guesses point to$13.72+2265% vs $0.58 todayAbout +88% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 41% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/3Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-9.0%
MissProfitable every yearSteady profits, not one good year.1 of 7 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$734.6M
Revenue
$1.2B
+12.2% vs prior year
5-year growth
-22.7%/yr
revenue, per year
Total debt
$2.1B
Free cash flow
-$734.6M
-61.7% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$337.3M
+19.4% YoY
EPS
-$0.02
vs -$0.06
Free cash flow
$510.3M
Share count
+11.4%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.9%
Institutions added 1.9% to their holdings. 69 bought, 58 sold. 5 quarters of net buying in a row.
Shares held by institutions53.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+10.0%
Cash runwayAt last year's cash burn
4 months
Debt to equityLatest balance sheet: debt compared with what owners have
6.4x · $2.1B debt
Shares outstandingLatest reported
232M
Why high risk
Losing money
About 4 months of cash left at its current burn
Share count growing 10% a year
High debt: 6.4x equity
3 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 5
Results filedMar 10
Results filedNov 6, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days