LDWY · Lendway, 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 | Q3 '26 | Q2 '26 | Q1 '25 | Q2 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.44M | $6.19M | $6.63M | - | - | $6.63M | $16.78M | $8.03M | - | - |
| Cost of Revenue | $11.57M | $6.25M | $5.21M | - | - | $0 | $12.80M | $6.14M | - | - |
| Gross Profit | $2.86M | ($582.0K) | ($60.0K) | - | - | $0 | $3.98M | $1.89M | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.88M | $3.31M | $2.98M | - | - | $2.79M | $4.09M | $3.39M | - | $1.56M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | $1.63M |
| D&A | $462.0K | $329.0K | $874.0K | - | - | $436.0K | $424.0K | $300.0K | - | - |
| Operating Income | ($20.0K) | ($3.89M) | ($3.04M) | - | - | ($1.35M) | ($118.0K) | ($1.49M) | - | ($1.63M) |
| Interest Expense | - | - | - | - | - | - | - | $212.0K | - | - |
| Income Tax | ($405.0K) | ($1.04M) | ($721.0K) | - | - | ($736.0K) | ($201.0K) | ($347.0K) | - | ($11.0K) |
| Net Income | ($765.0K) | ($2.94M) | ($2.85M) | - | - | ($1.39M) | ($817.0K) | ($1.26M) | - | $1.13M |
| EPS - Basic | ($0.43) | ($1.66) | ($0.67) | - | - | - | ($0.42) | - | - | - |
| EPS - Diluted | ($0.43) | ($1.66) | ($1.61) | - | - | $0.63 | ($0.42) | - | - | - |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '25 | Q2 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $889.0K | $1.21M | $1.84M | $906.0K | $1.76M | $1.33M | $1.72M | $5.01M | $16.08M | $14.95M |
| Accounts Receivable | $7.59M | $2.62M | $2.35M | $5.12M | $2.24M | $2.34M | $3.31M | $5.07M | $200.0K | $200.0K |
| Inventory | $11.59M | $17.04M | $18.80M | $6.70M | $13.37M | $15.49M | $6.97M | $0 | - | - |
| Accounts Payable | $4.36M | $5.43M | $4.65M | $1.75M | $3.02M | $3.68M | $2.18M | $2.36M | $32.0K | $96.0K |
| Current Assets | $23.03M | $23.82M | $25.41M | $14.85M | $18.84M | $20.58M | $13.75M | $23.10M | $16.62M | $17.59M |
| Total Assets | $103.34M | $105.61M | $105.03M | $96.10M | $99.98M | $102.46M | $95.90M | $106.82M | $16.67M | $17.64M |
| Current Liabilities | $18.23M | $14.21M | $14.15M | $13.75M | $7.81M | $9.06M | $7.68M | $11.95M | $1.10M | $1.70M |
| Long-term Debt | $40.34M | $40.41M | $39.05M | $30.52M | $38.52M | $34.61M | $29.62M | $0 | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $6.06M | $7.12M | $9.32M | $12.14M | $9.84M | $12.80M | $13.80M | $14.49M | $15.53M | $15.90M |
| Retained Earnings | ($10.80M) | ($10.04M) | ($7.76M) | ($4.91M) | ($6.40M) | ($3.46M) | ($2.45M) | ($1.70M) | ($661.0K) | ($337.0K) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '25 | Q2 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($7.55M) | - | - | - | - | $1.47M | - | - |
| Investing Cash Flow | - | - | $117.0K | - | - | - | - | ($34.37M) | - | - |
| Financing Cash Flow | - | - | $10.88M | - | - | - | - | $21.84M | - | - |
| CapEx | - | - | $47.0K | - | - | - | - | $230.0K | - | - |
| Free Cash Flow | - | - | ($7.60M) | - | - | - | - | $1.24M | - | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '25 | Q2 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 19.8% | -9.4% | -0.9% | - | - | 0.0% | 23.7% | 23.6% | - | - |
| Operating margin | -0.1% | -62.8% | -45.9% | - | - | -20.4% | -0.7% | -18.6% | - | - |
| EBITDA margin | 3.1% | -57.5% | -32.7% | - | - | -13.8% | 1.8% | -14.9% | - | - |
| Net margin | -5.3% | -47.5% | -43.1% | - | - | -21.0% | -4.9% | -15.7% | - | - |
| Free cash flow margin | - | - | -114.7% | - | - | - | - | 15.4% | - | - |
| FCF / Net income | - | - | 2.66 | - | - | - | - | -0.98 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 20.0% | 53.4% | 45.0% | - | - | 42.1% | 24.4% | 42.2% | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | -1.0% |
| Return on assets | -0.7% | -2.8% | -2.7% | - | - | -1.4% | -0.9% | -1.2% | - | 6.4% |
| Return on equity | -12.6% | -41.3% | -30.6% | - | - | -10.9% | -5.9% | -8.7% | - | 7.1% |
| Return on invested capital | -0.0% | -6.5% | -5.0% | - | - | -2.3% | -0.2% | -8.1% | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.26 | 1.68 | 1.80 | 1.08 | 2.41 | 2.27 | 1.79 | 1.93 | 15.17 | 10.38 |
| Quick ratio | 0.63 | 0.48 | 0.47 | 0.59 | 0.70 | 0.56 | 0.88 | 1.93 | 15.17 | 10.38 |
| Cash ratio | 0.05 | 0.09 | 0.13 | 0.07 | 0.23 | 0.15 | 0.22 | 0.42 | 14.67 | 8.82 |
| Leverage | ||||||||||
| Debt / Equity | 6.66 | 5.68 | 4.19 | 2.51 | 3.91 | 2.70 | 2.15 | 0.00 | - | - |
| Debt / Assets | 0.39 | 0.38 | 0.37 | 0.32 | 0.39 | 0.34 | 0.31 | 0.00 | - | - |
| Debt / EBITDA | 91.27 | - | - | - | - | - | 96.78 | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | -7.0x | - | - |
| Equity multiplier | 17.05 | 14.84 | 11.27 | 7.92 | 10.16 | 8.00 | 6.95 | 7.37 | 1.07 | 1.11 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | 0.06 | 0.06 | - | - | 0.06 | 0.17 | 0.08 | - | - |
| Inventory turnover | 1.00 | 0.37 | 0.28 | - | - | 0.00 | 1.84 | - | - | - |
| Days sales outstanding | 192d | 155d | 129d | - | - | 129d | 72d | 230d | - | - |
| Days inventory outstanding | 366d | 994d | 1316d | - | - | - | 199d | 0d | - | - |
| Days payable outstanding | 137d | 317d | 325d | - | - | - | 62d | 140d | - | - |
| Cash conversion cycle | 420d | 832d | 1120d | - | - | - | 209d | 90d | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | -17.5% | - | - | - | 170.2% | 30.7% | - | - |
| Revenue CAGR (3y) | - | -0.1% | - | - | - | 23.8% | 40.1% | 14.0% | - | - |
| Revenue CAGR (5y) | 32.8% | 0.3% | 7.2% | - | - | 7.3% | 23.5% | 9.3% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | 145.0% | -35.1% | - | - |
| Operating income growth (YoY) | - | - | -103.7% | - | - | 17.3% | 29.3% | - | - | - |
| Net income growth (YoY) | - | - | -125.8% | - | - | - | -2169.4% | - | - | -90.5% |
| EPS growth (YoY) | - | - | - | - | - | - | -2000.0% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -41.4% | -35.7% | -12.0% | -36.6% | -19.5% | -8.4% | -3.9% | 15.9% | 12.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$6.66M totalService$6.66M · 100.0%
Peer comparison
Same SIC group: Agricultural Production-Crops
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| FDP | $4.32B | 2.1% | 4.5% |
| CTVA | $17.40B | 6.3% | 4.5% |
| VRNO | $821.50M | -31.4% | -36.6% |
| CBSTF | - | - | - |
| GTII/GTBIF | $1.18B | 9.7% | 6.0% |
Comparing LENDWAY against the 5 most active filers in the same SIC group.