← BackSemiLEDs Corp · SemiconductorsLEDS
High riskNext report: Around Nov 27 (est.)
The short versionA company still losing money with shrinking sales, with elevated risk. Institutions are adding.
Watch out for
- Sales down 49% in the latest quarter vs a year ago
- Share count growing 19.5% a year (dilution)
- Losing money
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 11% to their holdings in the quarter ending June 2026 (6 bought, 4 sold)
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, May '26$9.1M-49% vs a year earlier
Aug '23Tap a barMay '26
Last 12 months: $25.9M, down 17% from the 12 months before. Over 5 years, sales grew about 48% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-61.9%
- MissDebt under half of equityNot relying on borrowed money.0.83x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-2.6%
- MissProfitable every yearSteady profits, not one good year.0 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.6M
- MissShare count not growingNot diluting owners. Falling means buybacks.+70.7% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.5.6%
- Revenue
- $43.0M
- 5-year growth
- +47.9%/yr
- revenue, per year
- Total debt
- $1.7M
- 0.83x equity
- Current ratio
- 0.94x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended May 31, 2026- Revenue
- $9.1M
- -48.6% YoY
- EPS
- $0.18
- vs $0.03
- Op. margin
- 15.6%
- +16.0 pts
- Gross margin
- 27.1%
- +21.8 pts
- Free cash flow
- $2.1M
- Share count
- +14.3%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.2
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+10.6%Institutions added 10.6% to their holdings. 6 bought, 4 sold. 3 quarters of net buying in a row.
Shares held by institutions142K
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+18.8%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $1.3M debtShares outstandingLatest reported
8MWhy high risk- Losing money
- Share count growing 18.8% a year (dilution)
- Auditor change
- Exchange listing notice (a delisting warning or a move to another exchange)
Next reportAround Nov 27 (est.)Estimated from the same quarter last year
- Results filedJul 14
- Results filedApr 14
- Results filedJan 14
- Results filedNov 28, 2025
- Results filedJul 11, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.