LITT · Logistics Innovation Technologies Corp. - 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 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - |
| SG&A | $30.0K | - | $30.0K | $119.5K | $30.0K | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | $199.8K | $119.5K | - |
| D&A | - | - | - | - | - | - | - | - | - |
| Operating Income | ($417.7K) | - | ($497.7K) | ($384.1K) | ($370.8K) | - | ($199.8K) | ($119.5K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - |
| Income Tax | $758.7K | - | - | - | - | - | - | - | - |
| Net Income | $1.28M | - | $1.94M | $3.46M | $8.32M | - | $1.48M | ($3.05M) | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $677.4K | $474.9K | $967.1K | - | - | - | $1.15M | $1.24M | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - |
| Current Assets | $529.6K | $672.2K | $816.8K | $970.6K | $1.12M | $1.42M | $1.61M | $1.67M | - |
| Total Assets | $348.89M | $345.50M | $343.48M | $342.36M | $342.14M | $342.52M | $342.81M | $342.97M | $34.5K |
| Current Liabilities | $1.71M | $806.8K | $789.1K | $399.7K | $174.7K | $224.0K | $214.2K | $184.2K | $10.0K |
| Long-term Debt | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $15.55M | $13.43M | $14.28M | $15.10M | $18.34M | $27.04M | $28.07M | $29.72M | - |
| Stockholders' Equity | ($13.97M) | ($12.40M) | ($13.03M) | ($14.13M) | ($17.13M) | ($25.43M) | ($26.16M) | ($27.64M) | $24.5K |
| Retained Earnings | ($13.97M) | ($12.40M) | ($13.03M) | ($14.13M) | ($17.13M) | ($25.43M) | ($26.17M) | ($27.64M) | ($509) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.47M | - | - | - | ($289.7K) | - | - | - | - |
| Investing Cash Flow | ($3.54M) | - | - | - | $12.1K | - | - | - | - |
| Financing Cash Flow | - | - | - | - | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||
| Gross margin | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 37.3% | - | - | - | - | - | - | - | - |
| Return on assets | 0.4% | - | 0.6% | 1.0% | 2.4% | - | 0.4% | -0.9% | - |
| Return on equity | -9.1% | - | -14.9% | -24.5% | -48.6% | - | -5.7% | 11.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - |
| Liquidity | |||||||||
| Current ratio | 0.31 | 0.83 | 1.04 | 2.43 | 6.41 | 6.34 | 7.52 | 9.08 | - |
| Quick ratio | 0.31 | 0.83 | 1.04 | 2.43 | 6.41 | 6.34 | 7.52 | 9.08 | - |
| Cash ratio | 0.40 | 0.59 | 1.23 | - | - | - | 5.35 | 6.73 | - |
| Leverage | |||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -24.97 | -27.87 | -26.37 | -24.23 | -19.97 | -13.47 | -13.10 | -12.41 | 1.41 |
| Liabilities / Assets | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.08 | 0.08 | 0.09 | - |
| Efficiency | |||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - |
| Valuation | |||||||||
| P / E | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - |
| Growth | |||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -12.7% | - | -149.1% | -221.3% | - | - | - | - | - |
| Net income growth (YoY) | -84.7% | - | 31.0% | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 18.5% | 51.2% | 50.2% | 48.9% | - | - | - | - | - |
Peer comparison
Same SIC group: Blank Checks
Comparing Logistics Innovation Technologies Corp. against the 5 most active filers in the same SIC group.