LCTC · Lifeloc Technologies, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $9.03M | $8.54M | $9.33M | $8.48M | $7.05M | $6.36M |
| Cost of Revenue | $5.38M | $5.09M | $5.29M | $5.41M | $3.99M | $4.18M |
| Gross Profit | $3.64M | $3.45M | $4.04M | $3.07M | $3.06M | $2.18M |
| R&D | $2.15M | $2.24M | $1.84M | $1.39M | $1.21M | $1.01M |
| SG&A | $1.39M | $1.25M | $1.17M | $1.22M | $1.11M | $1.25M |
| Total Operating Expenses | $4.87M | $4.85M | $4.23M | $3.73M | $3.33M | $3.34M |
| D&A | $443.5K | $298.3K | $264.8K | $632.4K | $254.8K | $364.3K |
| Operating Income | ($1.23M) | ($1.41M) | ($191.1K) | ($650.3K) | ($268.9K) | ($1.16M) |
| Interest Expense | $119.2K | $40.1K | $41.6K | $43.1K | $51.3K | $56.1K |
| Income Tax | $1.16M | ($352.5K) | ($368.3K) | ($117.0K) | ($56.3K) | ($275.4K) |
| Net Income | ($2.47M) | ($1.05M) | $205.6K | ($455.8K) | $676.0K | ($921.9K) |
| EPS - Basic | ($0.90) | ($0.41) | $0.08 | ($0.19) | $0.28 | ($0.38) |
| EPS - Diluted | ($0.90) | ($0.41) | $0.08 | ($0.19) | $0.27 | ($0.38) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $746.0K | $1.24M | $1.77M | $2.35M | $2.57M | $2.20M |
| Accounts Receivable | $772.4K | $732.5K | $812.1K | $627.9K | $562.1K | $523.6K |
| Inventory | $2.63M | $3.00M | $3.02M | $2.73M | $2.67M | $2.50M |
| Accounts Payable | $301.6K | $251.6K | $402.2K | $414.0K | $446.0K | $333.9K |
| Current Assets | $4.27M | $5.09M | $5.71M | $5.88M | $5.86M | $5.52M |
| Total Assets | $6.69M | $8.72M | $8.69M | $8.52M | $8.95M | $8.54M |
| Current Liabilities | $836.9K | $743.6K | $1.15M | $1.14M | $1.08M | $1.35M |
| Long-term Debt | $1.06M | $1.12M | $1.17M | $1.22M | $1.27M | $1.28M |
| Total Liabilities | $2.58M | $2.50M | $2.33M | $2.36M | $2.36M | $2.64M |
| Stockholders' Equity | $4.10M | $6.23M | $6.36M | $6.16M | $6.59M | $5.90M |
| Retained Earnings | ($1.83M) | $639.9K | $1.69M | $1.49M | $1.94M | $1.27M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($499.3K) | ($1.33M) | ($525.7K) | $54.3K | $182.9K | ($1.36M) |
| Investing Cash Flow | ($354.4K) | ($689.4K) | ($8.2K) | ($222.6K) | ($268.5K) | ($46.3K) |
| Financing Cash Flow | $356.0K | $1.49M | ($52.2K) | ($50.7K) | $462.1K | $419.1K |
| CapEx | $462.8K | $539.7K | $6.8K | $213.2K | $265.9K | $27.5K |
| Free Cash Flow | ($962.1K) | ($1.87M) | ($532.6K) | ($158.9K) | ($82.9K) | ($1.39M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 40.3% | 40.4% | 43.3% | 36.3% | 43.4% | 34.3% |
| Operating margin | -13.6% | -16.5% | -2.0% | -7.7% | -3.8% | -18.2% |
| EBITDA margin | -8.7% | -13.0% | 0.8% | -0.2% | -0.2% | -12.4% |
| Net margin | -27.4% | -12.3% | 2.2% | -5.4% | 9.6% | -14.5% |
| Free cash flow margin | -10.7% | -21.9% | -5.7% | -1.9% | -1.2% | -21.9% |
| FCF / Net income | 0.39 | 1.77 | -2.59 | 0.35 | -0.12 | 1.51 |
| R&D / Revenue | 23.8% | 26.3% | 19.7% | 16.3% | 17.2% | 15.8% |
| SG&A / Revenue | 15.4% | 14.7% | 12.5% | 14.3% | 15.8% | 19.7% |
| Effective tax rate | - | - | - | - | -9.1% | - |
| Return on assets | -36.9% | -12.1% | 2.4% | -5.4% | 7.6% | -10.8% |
| Return on equity | -60.2% | -16.9% | 3.2% | -7.4% | 10.3% | -15.6% |
| Return on invested capital | -18.8% | -15.1% | -2.0% | -7.0% | -3.4% | -12.7% |
| Liquidity | ||||||
| Current ratio | 5.10 | 6.85 | 4.97 | 5.17 | 5.41 | 4.07 |
| Quick ratio | 1.95 | 2.82 | 2.34 | 2.77 | 2.95 | 2.23 |
| Cash ratio | 0.89 | 1.67 | 1.54 | 2.07 | 2.38 | 1.62 |
| Leverage | ||||||
| Debt / Equity | 0.26 | 0.18 | 0.18 | 0.20 | 0.19 | 0.22 |
| Debt / Assets | 0.16 | 0.13 | 0.13 | 0.14 | 0.14 | 0.15 |
| Debt / EBITDA | - | - | 15.88 | - | - | - |
| Interest coverage | -10.3x | -35.1x | -4.6x | -15.1x | -5.2x | -20.6x |
| Equity multiplier | 1.63 | 1.40 | 1.37 | 1.38 | 1.36 | 1.45 |
| Liabilities / Assets | 0.39 | 0.29 | 0.27 | 0.28 | 0.26 | 0.31 |
| Efficiency | ||||||
| Asset turnover | 1.35 | 0.98 | 1.07 | 1.00 | 0.79 | 0.74 |
| Inventory turnover | 2.04 | 1.70 | 1.75 | 1.98 | 1.50 | 1.67 |
| Days sales outstanding | 31d | 31d | 32d | 27d | 29d | 30d |
| Days inventory outstanding | 179d | 215d | 209d | 184d | 244d | 218d |
| Days payable outstanding | 20d | 18d | 28d | 28d | 41d | 29d |
| Cash conversion cycle | 189d | 228d | 213d | 184d | 232d | 219d |
| Valuation | ||||||
| P / E | - | - | 27.6x | - | 16.9x | - |
| P / B | 1.6x | 1.1x | 0.9x | 0.9x | 1.7x | 0.9x |
| P / S | 0.7x | 0.8x | 0.6x | 0.6x | 1.6x | 0.8x |
| EV / EBITDA | - | - | 65.5x | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 5.7% | -8.5% | 10.0% | 20.2% | 11.0% | -27.4% |
| Revenue CAGR (3y) | 2.1% | 6.6% | 13.6% | -1.0% | -4.1% | -7.3% |
| Revenue CAGR (5y) | 7.3% | -0.5% | 3.1% | 1.2% | -3.4% | -6.4% |
| Gross profit growth (YoY) | 5.7% | -14.7% | 31.4% | 0.5% | 40.3% | -44.6% |
| Operating income growth (YoY) | 12.7% | -636.8% | 70.6% | -141.8% | 76.7% | - |
| Net income growth (YoY) | -134.6% | - | - | - | - | - |
| EPS growth (YoY) | -119.5% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | 44.2% | - |
| EPS CAGR (5y) | - | - | -2.3% | - | 9.7% | - |
| FCF growth (YoY) | 48.5% | -250.7% | -235.2% | -91.6% | 94.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -34.1% | -2.1% | 3.3% | -6.7% | 11.7% | -13.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$17.01M totalProduct Sales Subtotal$8.47M · 49.8%
Product Sales And Supplies$7.74M · 45.5%
Training Certification And Data Recording$651.4K · 3.8%
Service Plans And Equipment Rental$81.8K · 0.5%
Royalties$34.4K · 0.2%
Rental Income$32.8K · 0.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.58
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Laboratory Analytical Instruments
Comparing Lifeloc Technologies against the 5 most active filers in the same SIC group.