A company still losing money with shrinking sales. Institutions are adding.
Going well
Pays a 2.8% dividend yield
Watch out for
Losing money
Revenue down 16.6% from the year before
Money moves
Insiders sold $12K in the last 30 days, all through pre-planned sales
Institutions added 8.8% to their holdings in the quarter ending June 2026 (50 bought, 48 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$10.63-1.1% that day
Company value
$193M
Share price times all shares
Price vs sales
1.5x
No profit over the last year, so this compares value with sales instead
Dividend yield
2.8%
Yearly dividend as a share of today's price
Cash vs value
1%
Cash as a share of company value
Debt vs value
47%
Debt as a share of company value
From LMNR'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, Jul '26
$43.8M-7.7% vs a year earlier
Oct '23Tap a barJul '26
Last 12 months: $128.8M, down 20% from the 12 months before. Over 5 years, sales shrank about 0.6% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of LMNR. 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$76M
Profit in 5 years$8M
Price these guesses point to$5.98-44% vs $10.63 todayAbout -11% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 1.0% a year for 5 years just to 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.
0/4Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-10.0%
MissProfitable every yearSteady profits, not one good year.5 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$6.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+1.8% in 3 years
Revenue
$159.7M
-16.6% vs prior year
5-year growth
-0.6%/yr
revenue, per year
Total debt
$89.9M
Current ratio
1.16x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 31, 2026
Reported Sep 9
Revenue
$43.8M
-7.7% YoY
EPS
-$0.17
vs -$0.06
Op. margin
-6.8%
-5.5 pts
Gross margin
15.0%
+3.6 pts
Free cash flow
$316K
Share count
+0.6%
vs a year ago
Insider rating
Last 90 days
50Mixed
Pre-planned sales of $12K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
65/ 100
This week
1
Normal week
0.6
vs normal
1.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.8%
Institutions added 8.8% to their holdings. 50 bought, 48 sold. 2 quarters of net buying in a row.
Shares held by institutions11.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.3%
Cash runwayAt last year's cash burn
4 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.7x · $101.5M debt
Shares outstandingLatest reported
18M
Why elevated risk
Losing money
About 4 months of cash left at its current burn
Revenue down 16.6% from the year before
Earnings reports
Last 12
Next reportAround Dec 22 (est.)Estimated from the same quarter last year
Results filedSep 9
Results filedJun 9
Results filedMar 12
Results filedDec 23, 2025
Results filedSep 9, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.