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Lendway (TULP) Financials

Lendway logo
$2.64 -0.06 (-2.22%)
As of 07:15 AM Eastern
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Annual Income Statements for Lendway

Annual Income Statements for Lendway

This table shows Lendway's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2026
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 1.53 -1.29 -0.64 1.40 -5.58 -4.62 -3.53 10 2.41 -5.74 -11
Consolidated Net Income / (Loss)		 1.53 -1.29 -0.64 1.40 -5.58 -4.62 -3.53 10 2.41 -6.68 -13
Net Income / (Loss) Continuing Operations		 1.53 -1.29 -0.64 1.40 -5.58 -4.62 -3.53 -2.29 -3.02 -6.90 -13
Total Pre-Tax Income 		2.54 -2.10 -0.91 1.88 -6.00 -4.81 -3.49 -2.29 -3.00 -9.23 -14
Total Operating Income		 2.46 -2.08 -0.91 1.83 -6.11 -4.84 -4.79 -2.44 -3.52 -6.72 -17
Total Gross Profit		 13 7.06 8.40 13 4.34 2.86 3.23 -0.00 0.00 6.51 7.89
Total Revenue		 28 25 26 33 22 17 20 -0.00 0.00 38 48
Operating Revenue		 28 25 26 33 22 17 20 -0.00 0.00 38 48
Total Cost of Revenue		 16 18 18 21 17 14 16 0.00 0.00 31 40
Operating Cost of Revenue		 16 18 18 21 17 14 16 - 0.00 31 40
Total Operating Expenses		 10 9.14 9.31 11 10 7.70 8.02 2.44 3.52 13 25
Selling, General & Admin Expense		 8.58 7.95 7.59 8.06 6.03 6.88 6.99 2.44 3.52 13 12
Impairment Charge		 - - - 0.00 2.01 - - - - - 13
Total Other Income / (Expense), net		 0.08 -0.02 -0.00 0.05 0.11 -0.13 1.30 0.15 0.52 -2.51 2.90
Interest Expense		 - - - - - 0.03 -1.06 - - - -7.01
Interest & Investment Income		 - - - - - -0.16 - 0.15 0.52 -2.97 -3.65
Other Income / (Expense), net		 0.08 -0.02 -0.00 0.05 0.11 0.07 0.24 - 0.00 0.46 -0.45
Income Tax Expense		 1.01 -0.81 -0.27 0.48 -0.42 -0.19 0.04 0.01 0.02 -2.33 -0.58
Net Income / (Loss) Discontinued Operations		 - - - - - - - 12 5.44 0.22 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - - - - 0.00 -0.93 -2.20
Basic Earnings per Share		 $0.13 ($0.11) ($0.06) $0.12 ($3.27) ($2.66) ($2.01) $5.61 $1.36 ($3.24) ($4.43)
Weighted Average Basic Shares Outstanding		 12.04M 11.63M 11.72M 11.78M 1.71M 1.73M 1.76M 1.79M 1.78M 1.77M 2.52M
Diluted Earnings per Share		 $0.13 ($0.11) ($0.06) $0.12 ($3.27) ($2.66) ($2.01) $5.61 $1.36 ($3.24) ($4.43)
Weighted Average Diluted Shares Outstanding		 12.22M 11.63M 11.72M 12.01M 1.71M 1.73M 1.76M 1.79M 1.78M 1.77M 2.52M
Weighted Average Basic & Diluted Shares Outstanding		 11.61M 11.66M 11.96M 11.95M 12.11M 1.75M 1.79M 1.79M 1.78M 1.77M 4.83M

Quarterly Income Statements for Lendway

This table shows Lendway's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q2 2026 Q3 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 9/30/2025 12/31/2024 3/31/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -2.07 1.70 -1.16 1.23 -1.13 -4.47 -2.85 -2.94 0.45 -2.28 -0.77
Consolidated Net Income / (Loss)		 -2.07 3.34 -1.41 1.11 -1.39 -5.83 -3.37 -3.34 0.63 -2.66 -0.75
Net Income / (Loss) Continuing Operations		 -1.51 -0.56 -1.49 -0.88 -1.46 -3.23 -3.37 -3.36 0.62 -2.66 -0.75
Total Pre-Tax Income 		-1.52 -0.53 -1.83 -1.08 -2.19 -4.27 -4.09 -4.40 0.77 -3.33 -1.16
Total Operating Income		 -1.63 -0.70 -1.64 -0.12 -1.35 -3.75 -3.04 -3.89 1.43 -2.29 -0.02
Total Gross Profit		 0.00 - 1.74 3.98 1.44 -0.80 -0.06 -0.58 3.89 0.48 2.86
Total Revenue		 0.00 - 8.03 17 6.63 6.33 5.15 6.19 12 6.74 14
Operating Revenue		 - - 8.03 17 6.63 6.33 5.15 6.19 12 6.74 14
Total Cost of Revenue		 0.00 - 6.29 13 5.19 7.13 5.21 6.77 8.55 6.26 12
Operating Cost of Revenue		 - - 6.29 13 5.19 7.13 5.21 6.77 8.55 6.26 12
Total Operating Expenses		 1.63 0.70 3.39 4.10 2.79 2.95 2.98 3.31 2.46 2.77 2.88
Selling, General & Admin Expense		 1.63 0.70 3.39 4.10 2.79 2.95 2.98 3.31 2.46 2.77 2.88
Total Other Income / (Expense), net		 -0.11 0.87 -0.19 0.96 -0.84 -3.15 -1.04 -0.52 -0.66 -1.04 -1.14
Interest & Investment Income		 - - -0.23 - -0.80 - -0.82 -0.98 -0.97 -1.09 -1.13
Other Income / (Expense), net		 0.00 - 0.04 0.00 -0.04 0.42 -0.22 0.46 0.31 0.05 -0.00
Income Tax Expense		 -0.01 0.02 -0.35 -0.20 -0.74 -1.05 -0.72 -1.05 0.16 -0.66 -0.41
Net Income / (Loss) Discontinued Operations		 -0.33 3.20 0.07 0.06 0.07 0.02 0.00 0.02 0.01 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.00 - -0.25 -0.07 -0.27 -0.37 -0.51 -0.40 0.18 -0.39 0.01
Basic Earnings per Share		 - - ($0.67) ($0.42) - - - ($1.66) $0.25 ($1.29) ($0.43)
Weighted Average Basic Shares Outstanding		 1.79M 1.78M 1.74M 1.77M 1.77M 1.77M 1.77M 1.77M 1.77M 1.77M 1.77M
Diluted Earnings per Share		 $0.63 ($0.17) ($0.67) ($0.42) ($0.64) ($1.45) ($1.61) ($1.66) $0.25 ($1.29) ($0.43)
Weighted Average Diluted Shares Outstanding		 1.79M 1.78M 1.74M 1.77M 1.77M 1.77M 1.77M 1.77M 1.77M 1.77M 1.77M
Weighted Average Basic & Diluted Shares Outstanding		 1.79M 1.78M 1.77M 1.77M 1.77M 1.77M 1.77M - - 1.77M 4.77M

Annual Cash Flow Statements for Lendway

This table details how cash moves in and out of Lendway's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2026
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 6/30/2026
Net Change in Cash & Equivalents		 1.29 3.74 -7.57 5.47 -2.65 -2.92 -3.28 23 1.55 -14 0.55
Net Cash From Operating Activities		 3.22 -3.99 1.78 7.11 -2.31 -1.58 -3.00 11 0.52 -4.05 -3.98
Net Cash From Continuing Operating Activities		 3.22 -3.99 1.78 7.11 -2.31 -4.43 -3.92 -2.84 -2.91 -4.12 -3.98
Net Income / (Loss) Continuing Operations		 1.53 -1.29 -0.64 1.40 -5.58 -4.62 -3.53 -2.29 0.00 0.00 -13
Consolidated Net Income / (Loss)		 1.53 -1.29 -0.64 1.40 -5.58 -4.62 -3.53 10 - - -13
Depreciation Expense		 1.16 1.45 1.35 1.17 1.65 0.48 0.06 0.00 0.01 2.64 3.63
Amortization Expense		 - - - - - - - - 0.00 0.10 0.10
Non-Cash Adjustments To Reconcile Net Income		 0.34 0.17 0.39 0.38 2.44 0.10 -0.74 0.12 -2.98 -3.78 8.96
Changes in Operating Assets and Liabilities, net		 0.19 -4.32 0.68 4.17 -0.82 -0.39 0.29 -0.26 0.07 -3.07 -3.29
Net Cash From Discontinued Operating Activities		 - - - - - - - 14 3.42 0.07 0.00
Net Cash From Investing Activities		 -0.21 8.04 -1.16 -1.30 -0.40 0.14 -0.09 -0.03 1.51 -35 -0.43
Net Cash From Continuing Investing Activities		 -0.21 8.04 -1.16 -1.30 -0.40 0.43 -0.09 0.00 1.53 -35 -0.43
Purchase of Property, Plant & Equipment		 -0.44 -1.47 -1.16 -1.34 -5.38 -0.06 -0.11 0.00 -0.04 -1.17 -0.43
Acquisitions		 - - - - - - - - 0.00 -34 0.00
Other Investing Activities, net		 - - - - - 0.20 - - 0.00 0.20 0.00
Net Cash From Financing Activities		 -1.73 -0.31 -8.19 -0.34 0.06 1.06 -0.19 0.04 -0.47 25 5.33
Net Cash From Continuing Financing Activities		 -1.73 -0.31 -8.19 -0.34 0.06 1.07 -0.19 0.04 -0.47 25 5.33
Repayment of Debt		 - - - - - - - - 0.00 -9.63 -15
Issuance of Debt		 - - - - 0.00 1.05 - - 0.00 17 16
Issuance of Common Equity		 0.05 0.05 0.00 0.05 0.11 0.02 0.03 0.04 0.01 0.00 5.02
Other Financing Activities, net		 -0.01 -0.04 - - - - - - 0.00 18 -0.12
Effect of Exchange Rate Changes		 - - - - - - - - - - -0.37
Cash Interest Paid		 - - - - - - - - 0.00 1.63 1.88
Cash Income Taxes Paid		 0.65 0.24 0.74 -0.04 0.01 -0.11 0.23 0.46 0.09 0.69 0.47

Quarterly Cash Flow Statements for Lendway

This table details how cash moves in and out of Lendway's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q3 2026 Q4 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 9/30/2025 12/31/2024 3/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 -0.15 1.04 -11 -3.29 -0.39 0.43 0.93 -0.90 -0.45 -0.32 0.56
Net Cash From Operating Activities		 2.42 1.11 1.47 3.51 -7.56 -1.48 -9.93 0.89 1.74 0.28 7.17
Net Cash From Continuing Operating Activities		 -3.00 -0.58 1.38 -10 6.03 -1.46 -9.93 0.89 1.74 0.28 7.17
Net Income / (Loss) Continuing Operations		 -1.93 0.32 -1.41 -0.82 5.42 -3.34 -3.37 -1.36 0.63 -0.75 -6.60
Consolidated Net Income / (Loss)		 -1.93 - -1.41 -0.82 5.42 - -3.37 -1.36 0.63 -0.75 -6.60
Depreciation Expense		 -0.02 0.00 0.30 0.81 0.82 0.71 0.87 0.66 0.84 0.93 0.96
Amortization Expense		 - - 0.01 0.03 0.04 0.02 0.03 0.03 0.03 0.03 0.03
Non-Cash Adjustments To Reconcile Net Income		 -2.97 -0.05 0.14 1.65 0.83 -5.90 0.57 1.01 0.49 0.94 6.35
Changes in Operating Assets and Liabilities, net		 1.37 -0.30 2.34 -11 5.60 0.37 -8.03 0.56 -0.24 -0.87 6.43
Net Cash From Investing Activities		 1.55 -0.03 -34 -0.27 -0.04 -0.47 -0.05 -0.46 -0.07 -0.16 -0.14
Net Cash From Continuing Investing Activities		 1.58 -0.03 0.00 -0.24 -0.04 -0.47 -0.05 -0.46 -0.07 -0.16 -0.14
Purchase of Property, Plant & Equipment		 -0.01 -0.02 -0.23 -0.27 -0.20 -0.47 -0.05 -0.62 -0.07 -0.16 -0.14
Net Cash From Financing Activities		 -0.44 -0.05 22 -6.57 7.21 2.41 11 -1.27 -2.13 -0.16 -6.33
Net Cash From Continuing Financing Activities		 -0.44 -0.05 22 -6.60 7.21 2.41 11 -1.27 -2.13 -0.16 -6.33
Repayment of Debt		 - - -2.16 -6.57 - -0.90 -1.67 0.77 -2.38 -0.80 -12
Issuance of Debt		 - - 6.00 -0.04 7.06 -15 13 -2.05 0.25 0.67 1.00
Issuance of Common Equity		 0.00 - - - - - - - - - 5.01
Other Financing Activities, net		 - - 18 -0.00 0.15 18 -0.02 0.01 -0.01 -0.03 -0.04
Effect of Exchange Rate Changes		 - - 0.00 0.03 - - 0.02 -0.06 0.01 -0.28 -0.13
Cash Interest Paid		 - - 0.05 0.66 0.30 0.62 0.32 0.60 0.34 0.54 0.54
Cash Income Taxes Paid		 0.01 0.01 0.00 - 0.02 0.26 0.01 0.05 0.10 0.01 0.43

Annual Balance Sheets for Lendway

This table presents Lendway's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 6/30/2025 6/30/2025 6/30/2026
Total Assets		 28 22 24 17 14 11 21 17 96 98 84
Total Current Assets		 24 18 20 16 14 10 21 17 15 15 18
Cash & Equivalents		 12 4.70 10 7.51 7.13 3.77 14 16 0.91 0.91 1.45
Accounts Receivable		 9.88 12 8.76 7.56 5.86 5.25 0.00 0.00 5.12 5.12 5.79
Inventories, net		 0.33 0.30 0.35 0.32 0.09 0.02 - 0.00 6.70 6.70 5.33
Prepaid Expenses		 0.69 0.42 0.31 0.38 0.34 0.37 0.03 0.05 2.12 2.12 5.33
Plant, Property, & Equipment, net		 2.43 2.67 3.27 0.55 0.08 0.11 0.00 0.04 11 11 10
Total Noncurrent Assets		 1.86 1.38 0.98 0.55 0.19 0.18 0.22 0.02 70 72 56
Long-Term Investments		 - - - - - - - 0.00 0.22 0.22 0.19
Noncurrent Note & Lease Receivables		 - - - - - - - 0.00 0.55 0.55 2.05
Goodwill		 - - - - - - - 0.00 11 11 0.00
Intangible Assets		 - - - - - - - 0.00 25 25 21
Other Noncurrent Operating Assets		 1.86 1.38 0.98 0.55 0.19 0.18 0.00 0.02 33 35 33
Total Liabilities & Shareholders' Equity		 28 22 24 17 14 11 21 17 96 98 84
Total Liabilities		 13 6.85 7.63 5.91 7.62 7.46 7.57 1.14 81 83 71
Total Current Liabilities		 12 5.80 6.36 5.21 6.35 6.64 7.37 1.10 14 14 11
Short-Term Debt		 - - - 0.00 0.46 - - 0.00 5.43 5.43 1.87
Accounts Payable		 2.53 3.23 3.33 3.04 3.15 2.54 0.14 0.03 1.75 1.75 2.71
Accrued Expenses		 0.50 0.67 0.70 0.69 1.13 0.08 0.00 0.17 4.93 4.93 3.74
Current Employee Benefit Liabilities		 0.76 1.53 2.02 0.54 0.42 0.46 0.26 0.64 0.39 0.39 0.48
Other Current Liabilities		 - - 0.00 0.21 - 1.43 0.31 0.00 1.26 1.26 1.80
Total Noncurrent Liabilities		 1.03 1.05 1.28 0.70 1.27 0.82 0.19 0.05 68 69 60
Long-Term Debt		 - - - 0.00 - - - 0.00 28 28 20
Capital Lease Obligations		 - - - - - - - 0.00 0.25 0.25 1.67
Noncurrent Deferred & Payable Income Tax Liabilities		 0.76 0.83 1.12 0.64 0.68 0.71 - 0.00 7.01 7.01 6.04
Other Noncurrent Operating Liabilities		 - - 0.00 0.06 0.59 0.11 0.00 0.05 32 34 33
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00
Total Equity & Noncontrolling Interests		 15 15 16 11 6.67 3.19 13 16 15 15 14
Total Preferred & Common Equity		 15 15 16 11 6.67 3.19 13 16 12 12 13
Total Common Equity		 15 15 16 11 6.67 3.19 13 16 12 12 13
Common Stock		 15 15 16 16 16 16 16 16 16 16 29
Retained Earnings		 0.00 -0.64 0.76 -4.97 -9.59 -13 -3.08 -0.66 -4.91 -4.91 -16
Accumulated Other Comprehensive Income / (Loss)		 - - - - - - - 0.00 0.75 0.75 0.47
Noncontrolling Interest		 - - - - - - - 0.00 2.70 2.70 0.48

Quarterly Balance Sheets for Lendway

This table presents Lendway's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2026 Q3 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 9/30/2025 12/31/2025 3/31/2026
Total Assets		 18 107 96 102 105 106 103
Total Current Assets		 18 23 14 21 25 24 23
Cash & Equivalents		 15 5.01 1.72 1.33 1.84 1.21 0.89
Accounts Receivable		 0.20 5.07 3.31 2.34 2.35 2.62 7.59
Inventories, net		 - 9.72 6.97 15 19 17 12
Prepaid Expenses		 0.12 2.99 1.30 1.42 2.43 2.96 2.96
Plant, Property, & Equipment, net		 0.04 12 11 12 11 11 10
Total Noncurrent Assets		 0.01 71 71 70 69 71 70
Long-Term Investments		 - 0.17 0.17 0.17 0.24 0.24 0.22
Noncurrent Note & Lease Receivables		 - 0.02 0.38 0.39 0.79 1.94 1.72
Goodwill		 - 10 10 10 11 11 11
Intangible Assets		 - 27 26 26 24 24 24
Other Noncurrent Operating Assets		 0.01 34 34 33 32 34 33
Total Liabilities & Shareholders' Equity		 18 107 96 102 105 106 103
Total Liabilities		 1.78 90 79 87 94 97 96
Total Current Liabilities		 1.70 12 7.69 9.06 14 14 18
Short-Term Debt		 - 2.86 1.80 2.27 4.30 4.34 8.71
Accounts Payable		 0.10 2.36 2.18 3.68 4.65 5.43 4.36
Accrued Expenses		 - 3.78 2.09 1.64 3.51 2.41 2.93
Current Employee Benefit Liabilities		 0.89 1.83 0.52 0.35 0.33 0.31 0.50
Other Current Liabilities		 0.16 0.97 1.01 1.07 1.37 1.71 1.75
Total Noncurrent Liabilities		 0.08 78 72 78 79 82 77
Long-Term Debt		 - 35 30 35 41 42 38
Capital Lease Obligations		 - - 33 33 0.46 1.31 1.28
Noncurrent Deferred & Payable Income Tax Liabilities		 - 9.79 9.12 8.74 6.42 5.46 4.65
Other Noncurrent Operating Liabilities		 0.04 33 0.01 2.05 32 33 33
Commitments & Contingencies		 0.00 - - - - 0.00 0.00
Total Equity & Noncontrolling Interests		 16 17 17 15 12 8.93 7.82
Total Preferred & Common Equity		 16 14 14 13 9.32 7.12 6.06
Total Common Equity		 16 14 14 13 9.32 7.12 6.06
Common Stock		 16 16 16 16 16 16 16
Retained Earnings		 -0.34 -1.70 -2.45 -3.46 -7.76 -10 -11
Accumulated Other Comprehensive Income / (Loss)		 - 0.00 0.04 0.04 0.78 0.82 0.52
Noncontrolling Interest		 - 2.77 2.70 2.46 2.20 1.82 1.76

Annual Metrics And Ratios for Lendway

This table displays calculated financial ratios and metrics derived from Lendway's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2026
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 6/30/2026
DEI Shares Outstanding		 11,638,403.00 11,727,803.00 11,914,676.00 11,839,774.00 12,074,218.00 12,235,140.00 1,768,114.00 1,796,506.00 1,745,736.00 1,769,599.00 4,772,557.00
DEI Adjusted Shares Outstanding		 1,662,629.00 1,675,400.00 1,702,097.00 1,691,396.00 1,724,888.00 1,747,877.00 1,768,114.00 1,796,506.00 1,745,736.00 1,769,599.00 4,772,557.00
DEI Earnings Per Adjusted Shares Outstanding		 0.92 -0.77 -0.38 0.83 -3.23 -2.64 -2.00 5.59 1.38 -3.25 -2.34
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 7.25% -11.69% 6.09% 25.75% -35.23% -18.79% 11.56% -100.00% 100.00% 0.00% 0.00%
EBITDA Growth		 119.22% -117.59% 167.54% 594.76% -242.75% 1.31% -4.58% 45.66% -43.82% -0.37% 0.00%
EBIT Growth		 399.02% -182.68% 56.71% 307.15% -418.69% 20.45% 4.61% 46.38% -44.10% -77.92% 0.00%
NOPAT Growth		 668.69% -197.65% 56.26% 314.15% -414.02% 20.75% 0.99% 49.03% -44.10% -90.88% 0.00%
Net Income Growth		 627.01% -183.83% 50.31% 318.94% -498.64% 17.25% 23.42% 384.27% -75.97% -376.59% 0.00%
EPS Growth		 550.00% -184.62% 45.45% 300.00% -498.64% 17.25% 24.44% 379.10% -75.76% -338.24% 0.00%
Operating Cash Flow Growth		 295.27% -223.93% 144.63% 299.49% -132.50% 31.63% -89.87% 455.43% -95.14% -882.24% 0.00%
Free Cash Flow Firm Growth		 179.55% -342.04% 105.04% 1,722.46% -131.55% 110.77% -1,581.40% 38.17% -55.39% -2,115.52% 0.00%
Invested Capital Growth		 -12.03% 65.13% -8.39% -39.29% -42.00% -99.89% -16,550.00% -6.84% 17.50% 9,068.62% 0.00%
Revenue Q/Q Growth		 5.26% -6.39% 9.73% 0.08% -27.26% 40.10% -2.63% -100.00% 100.00% 20.14% 0.00%
EBITDA Q/Q Growth		 75.75% -141.51% 125.06% -13.11% -356.39% 28.38% -2.37% 11.39% 6.12% -103.52% 0.00%
EBIT Q/Q Growth		 182.54% -1,412.50% 70.70% -18.24% -144.64% 30.21% -0.60% 11.84% 6.01% -70.88% 0.00%
NOPAT Q/Q Growth		 218.32% -4,849.02% 70.14% -15.70% -135.75% 29.50% -5.83% 11.84% 6.01% -83.32% 0.00%
Net Income Q/Q Growth		 201.38% -2,621.57% 67.79% -14.07% -158.67% 30.80% -0.60% 2.54% 245.16% -366.97% 0.00%
EPS Q/Q Growth		 160.00% 0.00% 64.71% -33.33% -158.67% 30.80% -1.01% 2.75% 13,700.00% -65.31% 0.00%
Operating Cash Flow Q/Q Growth		 -16.39% -36.34% 221.83% 23.91% -342.50% 15.96% 7.86% -0.45% 264.44% -176.59% 0.00%
Free Cash Flow Firm Q/Q Growth		 -25.25% -45.41% 107.96% 28.83% -11,148.00% 120.15% -118.68% -38.70% -33.19% 34.01% 0.00%
Invested Capital Q/Q Growth		 29.65% 20.29% -5.73% -25.12% -44.42% -99.84% -211.90% -365.56% 30.12% -37.65% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 44.92% 28.35% 31.79% 37.79% 20.14% 16.34% 16.56% 0.00% 0.00% 17.23% 16.39%
EBITDA Margin		 13.10% -2.61% 1.66% 9.18% -20.22% -24.58% -23.04% 0.00% 0.00% -9.33% -28.22%
Operating Margin		 8.73% -8.33% -3.44% 5.51% -28.36% -27.68% -24.57% 0.00% 0.00% -17.78% -35.04%
EBIT Margin		 9.00% -8.43% -3.44% 5.67% -27.88% -27.31% -23.35% 0.00% 0.00% -16.58% -35.98%
Profit (Net Income) Margin		 5.44% -5.16% -2.42% 4.21% -25.91% -26.40% -18.12% 0.00% 0.00% -17.68% -27.81%
Tax Burden Percent		 60.39% 61.24% 70.30% 74.30% 92.93% 96.03% 101.20% -439.07% -80.44% 72.34% 95.85%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.67% 76.68% 93.69% 85.28% 147.42% 80.64%
Effective Tax Rate		 39.61% 0.00% 0.00% 25.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 20.77% -16.34% -5.99% 16.69% -87.83% -189.39% 0.00% 0.00% 0.00% -18.28% -33.24%
ROIC Less NNEP Spread (ROIC-NNEP)		 20.50% -17.86% -5.91% 16.18% -73.08% -172.07% 0.00% 0.00% 0.00% -34.73% -40.50%
Return on Net Nonoperating Assets (RNNOA)		 -14.54% 9.89% 1.72% -7.72% 47.13% 137.40% 0.00% 0.00% 0.00% -30.41% -63.81%
Return on Equity (ROE)		 6.23% -6.46% -4.27% 8.98% -40.70% -52.00% -71.68% 121.08% 16.69% -48.69% -97.05%
Cash Return on Invested Capital (CROIC)		 33.57% -65.47% 2.77% 65.58% -34.67% 10.16% 0.00% 0.00% 0.00% -110.15% 0.00%
Operating Return on Assets (OROA)		 8.17% -7.01% -3.64% 8.25% -29.31% -30.53% -36.52% 0.00% 0.00% -10.73% -18.99%
Return on Assets (ROA)		 4.93% -4.29% -2.56% 6.13% -27.24% -29.51% -28.34% 0.00% 0.00% -11.45% -14.68%
Return on Common Equity (ROCE)		 6.23% -6.46% -4.27% 8.98% -40.70% -52.00% -71.68% 121.08% 16.69% -45.04% -86.27%
Return on Equity Simple (ROE_SIMPLE)		 6.21% -8.51% -4.31% 8.57% -50.32% -69.21% -110.68% 74.96% 15.54% -67.86% 0.00%
Net Operating Profit after Tax (NOPAT)		 1.49 -1.45 -0.64 1.36 -4.27 -3.39 -3.35 -1.71 -2.46 -4.70 -12
NOPAT Margin		 5.27% -5.83% -2.40% 4.10% -19.85% -19.38% -17.20% 0.00% 0.00% -12.45% -24.53%
Net Nonoperating Expense Percent (NNEP)		 0.26% 1.52% -0.08% 0.51% -14.75% -17.32% -3.43% 130.94% 32.28% 16.45% 7.26%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -15.86% -8.72% -31.77%
Cost of Revenue to Revenue		 55.08% 71.65% 68.21% 62.21% 79.86% 82.75% 83.44% 0.00% 0.00% 82.77% 83.61%
SG&A Expenses to Revenue		 30.43% 31.91% 28.73% 24.24% 28.02% 39.33% 35.84% 0.00% 0.00% 35.01% 24.08%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 36.18% 36.69% 35.22% 32.28% 48.50% 44.02% 41.13% 0.00% 0.00% 35.01% 51.43%
Earnings before Interest and Taxes (EBIT)		 2.54 -2.10 -0.91 1.88 -6.00 -4.77 -4.55 -2.44 -3.52 -6.26 -17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3.70 -0.65 0.44 3.05 -4.35 -4.30 -4.49 -2.44 -3.51 -3.53 -14
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.97 1.36 0.96 1.08 0.80 1.54 12.78 1.05 0.52 0.87 1.29
Price to Tangible Book Value (P/TBV)		 0.97 1.36 0.96 1.08 0.80 1.54 12.78 1.05 0.52 0.00 0.00
Price to Revenue (P/Rev)		 0.85 0.83 0.54 0.53 0.41 0.59 2.09 0.00 0.00 0.23 0.36
Price to Earnings (P/E)		 15.68 0.00 0.00 12.61 0.00 0.00 0.00 1.40 3.33 0.00 0.00
Dividend Yield		 0.00% 0.00% 58.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 6.38% 0.00% 0.00% 7.93% 0.00% 0.00% 0.00% 71.60% 30.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.90 0.75 0.93 1.21 0.37 903.07 0.00 0.00 0.00 0.98 1.11
Enterprise Value to Revenue (EV/Rev)		 0.21 0.33 0.36 0.23 0.06 0.21 1.89 0.00 0.00 1.34 0.82
Enterprise Value to EBITDA (EV/EBITDA)		 1.63 0.00 21.60 2.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 2.38 0.00 0.00 3.97 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 4.06 0.00 0.00 5.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 1.88 0.00 5.33 1.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.51 0.00 32.32 1.40 0.00 19.88 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 3.53 1.69
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.38 1.56
Financial Leverage		 -0.71 -0.55 -0.29 -0.48 -0.64 -0.80 -1.07 -1.08 -1.04 0.88 1.58
Leverage Ratio		 1.26 1.51 1.67 1.46 1.49 1.76 2.53 1.91 1.30 4.25 6.37
Compound Leverage Factor		 1.26 1.51 1.67 1.46 1.49 1.77 1.94 1.79 1.11 6.27 5.14
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 6.51% 0.00% 0.00% 0.00% 77.95% 62.89%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 6.51% 0.00% 0.00% 0.00% 3.37% 5.03%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 74.57% 57.86%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.81% 1.29%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 93.49% 100.00% 100.00% 100.00% 18.24% 35.82%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 -0.11 0.00 0.00 0.00 -11.93 -1.72
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 1.55 0.00 0.00 0.00 -11.37 -1.60
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -11.41 -1.58
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 -0.14 0.00 0.00 0.00 -8.94 -1.98
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 1.97 0.00 0.00 0.00 -8.53 -1.84
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -8.55 -1.82
Altman Z-Score		 4.32 2.08 2.94 3.75 1.34 0.63 2.40 1.29 4.60 0.27 -0.12
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.49% 11.10%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 4.55 1.98 3.04 3.10 3.05 2.21 1.56 2.81 15.17 2.41 1.69
Quick Ratio		 4.41 1.83 2.85 2.98 2.89 2.04 1.36 1.96 14.67 0.51 0.68
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 2.41 -5.82 0.29 5.35 -1.69 0.18 -2.69 -1.66 -2.59 -57 0.00
Operating Cash Flow to CapEx		 777.29% -272.78% 153.58% 546.16% -42.96% 0.00% -3,333.33% 0.00% 1,328.21% -346.32% -919.40%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 5.68 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -49.38 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -45.19 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.91 0.83 1.06 1.46 1.05 1.12 1.56 0.00 0.00 0.65 0.53
Accounts Receivable Turnover		 3.55 2.73 2.43 3.22 2.64 2.61 3.51 0.00 0.00 0.00 8.82
Inventory Turnover		 34.00 49.86 57.60 63.23 50.94 71.09 312.94 0.00 0.00 0.00 6.69
Fixed Asset Turnover		 18.49 12.41 10.36 11.19 11.28 56.03 207.48 0.00 0.00 6.66 4.47
Accounts Payable Turnover		 4.82 6.07 6.26 6.30 5.40 4.68 5.72 0.00 0.00 20.49 18.06
Days Sales Outstanding (DSO)		 102.76 133.85 150.14 113.26 138.37 140.05 103.91 0.00 0.00 0.00 41.39
Days Inventory Outstanding (DIO)		 10.73 7.32 6.34 5.77 7.17 5.13 1.17 0.00 0.00 0.00 54.55
Days Payable Outstanding (DPO)		 75.67 60.17 58.33 57.96 67.62 78.01 63.78 0.00 0.00 17.81 20.21
Cash Conversion Cycle (CCC)		 37.82 81.00 98.15 61.08 77.92 67.18 41.29 0.00 0.00 -17.81 75.72
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 6.71 11 10 6.16 3.57 0.00 -0.66 -0.70 -0.58 52 36
Invested Capital Turnover		 3.94 2.80 2.49 4.08 4.42 9.77 -59.64 0.00 0.00 1.47 1.36
Increase / (Decrease) in Invested Capital		 -0.92 4.37 -0.93 -3.99 -2.59 -3.57 -0.66 -0.05 0.12 53 0.00
Enterprise Value (EV)		 6.04 8.34 9.48 7.48 1.31 3.61 37 -0.49 -8.03 51 39
Market Capitalization		 24 21 14 18 8.82 10 41 14 8.05 8.58 17
Book Value per Share		 $2.12 $1.29 $1.25 $1.38 $0.92 $0.55 $1.81 $7.46 $8.90 $5.56 $2.79
Tangible Book Value per Share		 $2.12 $1.29 $1.25 $1.38 $0.92 $0.55 $1.81 $7.46 $8.90 ($14.94) ($1.66)
Total Capital		 25 15 15 16 11 7.13 3.19 13 16 54 37
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.46 0.00 0.00 0.00 42 23
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 40 21
Net Debt		 -18 -12 -4.70 -10 -7.51 -6.66 -3.85 -15 -16 40 22
Capital Expenditures (CapEx)		 0.41 1.46 1.16 1.30 5.38 -0.13 0.09 0.00 0.04 1.17 0.43
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 3.28 -0.42 7.14 3.19 3.17 1.00 -0.14 -1.15 -0.55 11 7.73
Debt-free Net Working Capital (DFNWC)		 21 12 12 13 11 8.13 3.72 13 16 13 9.18
Net Working Capital (NWC)		 21 12 12 13 11 7.67 3.72 13 16 11 7.31
Net Nonoperating Expense (NNE)		 -0.05 -0.17 0.00 -0.04 1.30 1.23 0.18 -12 -4.88 1.98 1.58
Net Nonoperating Obligations (NNO)		 -18 -4.03 -4.70 -10 -7.51 -6.66 -3.85 -14 -16 40 22
Total Depreciation and Amortization (D&A)		 1.16 1.45 1.35 1.17 1.65 0.48 0.06 0.00 0.01 2.74 3.73
Debt-free, Cash-free Net Working Capital to Revenue		 11.64% -1.67% 27.01% 9.60% 14.74% 5.74% -0.69% 0.00% 0.00% 29.35% 16.06%
Debt-free Net Working Capital to Revenue		 75.49% 47.57% 44.77% 40.17% 49.63% 46.52% 19.05% 0.00% 0.00% 34.01% 19.08%
Net Working Capital to Revenue		 75.49% 47.57% 44.77% 40.17% 49.63% 43.86% 19.05% 0.00% 0.00% 29.19% 15.19%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.91 ($0.77) ($0.42) $0.84 ($2.94) ($2.48) ($2.01) $5.61 $1.36 ($3.24) ($4.43)
Adjusted Weighted Average Basic Shares Outstanding		 1.72M 1.66M 1.67M 1.68M 1.71M 1.73M 1.76M 1.79M 1.74M 1.77M 2.52M
Adjusted Diluted Earnings per Share		 $0.91 ($0.77) ($0.42) $0.84 ($2.94) ($2.48) ($2.01) $5.59 $1.36 ($3.24) ($4.43)
Adjusted Weighted Average Diluted Shares Outstanding		 1.75M 1.66M 1.67M 1.72M 1.71M 1.73M 1.76M 1.80M 1.74M 1.77M 2.52M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.36 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.66M 1.67M 1.71M 1.71M 1.73M 1.75M 1.79M 1.80M 1.78M 1.77M 4.83M
Normalized Net Operating Profit after Tax (NOPAT)		 1.49 -1.45 -0.64 1.36 -2.86 -3.39 -3.35 -1.71 -2.46 -4.70 -2.59
Normalized NOPAT Margin		 5.27% -5.83% -2.40% 4.10% -13.31% -19.38% -17.20% 0.00% 0.00% -12.45% -5.38%
Pre Tax Income Margin		 9.00% -8.43% -3.44% 5.67% -27.88% -27.49% -17.90% 0.00% 0.00% -24.44% -29.01%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -149.19 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -105.85 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -145.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 -101.67 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% -1,279.66% 1.00% -0.25% 0.00% -0.40% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 114.86% -24.26% -1,282.16% 28.09% -0.88% -0.02% -6.06% 0.00% 19.97% 0.00% 0.00%

Quarterly Metrics And Ratios for Lendway

This table displays calculated financial ratios and metrics derived from Lendway's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q2 2026 Q3 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 9/30/2025 12/31/2024 3/31/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 1,797,659.00 1,745,736.00 1,742,599.00 1,769,599.00 1,769,599.00 1,769,599.00 1,769,599.00 - 1,769,599.00 - 1,773,119.00
DEI Adjusted Shares Outstanding		 1,797,659.00 1,745,736.00 1,742,599.00 1,769,599.00 1,769,599.00 1,769,599.00 1,769,599.00 - 1,769,599.00 - 1,773,119.00
DEI Earnings Per Adjusted Shares Outstanding		 -1.15 0.97 -0.67 0.69 -0.64 -2.52 -1.61 - 0.25 - -0.43
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% -35.85% -63.10% 87.73% 8.83% 16.02%
EBITDA Growth		 -219.08% 24.73% -111.07% 231.56% 67.63% -273.60% -82.41% -481.45% 585.82% 18.17% -64.13%
EBIT Growth		 -234.63% 24.30% -156.05% 78.82% 14.64% -375.75% -102.99% -2,801.69% 225.04% 34.64% -101.38%
NOPAT Growth		 -234.63% 24.30% -161.78% 78.82% 17.27% -435.52% -85.10% -3,194.07% 220.86% 41.11% -101.22%
Net Income Growth		 -117.51% 556.21% -198.06% 463.07% 32.62% -274.46% -137.98% -400.36% 145.04% 20.17% -220.10%
EPS Growth		 -90.43% 58.54% -172.83% -2,000.00% -201.59% -752.94% -140.30% -295.24% 139.06% 22.29% -272.00%
Operating Cash Flow Growth		 -79.61% 302.91% 138.22% 319.59% -412.32% -233.48% -775.31% -74.57% 122.99% 0.00% -84.11%
Free Cash Flow Firm Growth		 -216.78% -1.74% -2,145.58% -1,762.07% -18,259.34% -8,898.83% 80.25% 200.99% 199.26% -174.80% -165.25%
Invested Capital Growth		 -449.67% 17.50% 998.16% 2,125.92% 10,151.81% 9,068.62% 14.01% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 108.89% -60.50% -4.47% -18.62% 20.16% 100.95% 0.00% 114.22%
EBITDA Q/Q Growth		 -203.85% 57.91% -85.94% 160.20% -174.76% -482.55% 9.22% -15.69% 195.21% 0.00% 141.73%
EBIT Q/Q Growth		 -193.18% 57.07% -129.39% 92.15% -1,081.36% -155.56% 2.13% -4.90% 150.91% 0.00% 98.93%
NOPAT Q/Q Growth		 -193.18% 57.07% -134.52% 92.10% -1,044.92% -177.87% 18.94% -27.74% 142.01% 0.00% 99.13%
Net Income Q/Q Growth		 -575.16% 261.86% -142.28% 229.34% -225.29% -432.79% 42.32% 0.83% 118.79% 0.00% 71.73%
EPS Q/Q Growth		 3,250.00% -126.98% -294.12% 42.47% -52.38% -126.56% -11.03% -3.11% 115.06% 0.00% 66.67%
Operating Cash Flow Q/Q Growth		 189.01% -54.20% 32.67% 138.91% -315.12% 80.42% -571.20% 109.00% 94.51% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 88.57% -32.23% -7,242.32% -68.21% -12.68% 35.19% 83.89% 958.33% 10.75% 0.00% 3.39%
Invested Capital Q/Q Growth		 -123.36% 30.12% 8,428.97% 63.71% 5.49% -37.65% 5.88% -100.00% 0.00% 0.00% -0.63%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 0.00% 21.71% 23.70% 21.73% -12.67% -1.16% -9.40% 31.25% 7.18% 19.82%
EBITDA Margin		 0.00% 0.00% -16.13% 4.27% -8.09% -41.12% -45.88% -44.17% 20.93% -33.21% 6.47%
Operating Margin		 0.00% 0.00% -20.47% -0.70% -20.38% -59.29% -59.05% -62.77% 11.51% -33.97% -0.14%
EBIT Margin		 0.00% 0.00% -20.02% -0.70% -21.03% -52.67% -63.34% -55.30% 14.01% -33.21% -0.17%
Profit (Net Income) Margin		 0.00% 0.00% -17.60% 6.62% -21.00% -92.14% -65.30% -53.89% 5.04% -39.53% -5.22%
Tax Burden Percent		 135.74% -628.57% 77.14% -102.68% 63.45% 136.60% 82.35% 75.77% 81.11% 80.12% 65.03%
Interest Burden Percent		 93.20% 75.89% 113.99% 916.95% 157.39% 128.07% 125.18% 128.62% 44.35% 148.57% 4,825.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.18% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% -4.37% -0.30% -10.86% -60.95% -27.90% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% -6.95% 4.38% -12.60% -87.66% -31.21% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% -4.38% 7.09% -20.79% -76.74% -80.91% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -11.09% 16.69% -8.74% 6.79% -31.65% -137.70% -108.82% 0.00% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -178.66% -189.49% -104.19% -110.15% -24.08% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% 0.00% -2.50% -0.30% -11.01% -34.11% -20.87% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% -2.20% 2.84% -11.00% -59.67% -21.51% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 -11.09% 16.69% -8.00% 6.21% -29.15% -127.38% -90.06% 0.00% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 -10.46% 0.00% -3.05% 11.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -1.14 -0.49 -1.15 -0.08 -0.95 -2.63 -2.13 -2.72 1.14 -1.60 -0.01
NOPAT Margin		 0.00% 0.00% -14.33% -0.49% -14.27% -41.50% -41.34% -43.94% 9.19% -23.78% -0.10%
Net Nonoperating Expense Percent (NNEP)		 -5.96% 25.38% 2.58% -4.67% 1.74% 26.71% 3.31% 0.00% 0.00% 4.56% 3.12%
Return On Investment Capital (ROIC_SIMPLE)		 - -3.16% -2.10% - -1.11% -4.87% -3.73% - - -2.81% -0.02%
Cost of Revenue to Revenue		 0.00% 0.00% 78.29% 76.30% 78.27% 112.67% 101.16% 109.40% 68.75% 92.82% 80.18%
SG&A Expenses to Revenue		 0.00% 0.00% 42.18% 24.40% 42.11% 46.57% 57.89% 53.38% 19.75% 41.15% 19.96%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 42.18% 24.40% 42.11% 46.57% 57.89% 53.38% 19.75% 41.15% 19.96%
Earnings before Interest and Taxes (EBIT)		 -1.63 -0.70 -1.61 -0.12 -1.39 -3.34 -3.26 -3.42 1.74 -2.24 -0.02
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -1.66 -0.70 -1.30 0.72 -0.54 -2.60 -2.36 -2.74 2.60 -2.24 0.93
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.60 0.52 0.72 0.61 0.49 0.87 1.03 0.00 0.00 0.86 1.15
Price to Tangible Book Value (P/TBV)		 0.60 0.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 0.00 1.30 0.34 0.20 0.23 0.28 0.35 0.22 0.00 0.00
Price to Earnings (P/E)		 0.00 3.33 0.00 0.00 9.95 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 30.00% 0.00% 0.00% 10.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.94 0.93 0.92 0.98 1.01 0.00 0.00 0.98 1.02
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 5.65 2.97 2.45 1.34 1.59 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 7.79 8.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 2.17 3.90 4.56 3.53 3.96 0.00 0.00 5.38 6.20
Long-Term Debt to Equity		 0.00 0.00 2.00 3.79 4.41 3.38 3.59 0.00 0.00 4.89 5.08
Financial Leverage		 -1.03 -1.04 0.63 1.62 1.65 0.88 2.59 0.00 0.00 5.22 6.05
Leverage Ratio		 1.26 1.30 3.98 3.66 3.85 4.25 7.36 0.00 0.00 11.82 13.21
Compound Leverage Factor		 1.17 0.99 4.54 33.61 6.06 5.45 9.22 0.00 0.00 17.57 637.56
Debt to Total Capital		 0.00% 0.00% 68.44% 79.60% 82.01% 77.95% 79.85% 0.00% 0.00% 84.32% 86.10%
Short-Term Debt to Total Capital		 0.00% 0.00% 5.22% 2.23% 2.68% 3.37% 7.53% 0.00% 0.00% 7.61% 15.47%
Long-Term Debt to Total Capital		 0.00% 0.00% 63.22% 77.38% 79.34% 74.57% 72.32% 0.00% 0.00% 76.71% 70.63%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 5.06% 3.34% 2.90% 3.81% 3.84% 0.00% 0.00% 3.19% 3.13%
Common Equity to Total Capital		 100.00% 100.00% 26.50% 17.06% 15.08% 18.24% 16.31% 0.00% 0.00% 12.49% 10.77%
Debt to EBITDA		 0.00 0.00 -8.93 -22.54 -36.85 -11.93 -9.94 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 -7.69 -21.88 -36.06 -11.37 -9.48 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 -8.24 -21.91 -35.65 -11.41 -9.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 -11.79 -23.31 -26.07 -8.94 -8.03 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 -10.16 -22.63 -25.51 -8.53 -7.67 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 -10.89 -22.66 -25.22 -8.55 -7.28 0.00 0.00 0.00 0.00
Altman Z-Score		 3.46 5.16 0.20 0.36 0.39 0.37 0.32 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 8.56% 8.57% 7.90% 7.49% 17.24% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 10.38 15.17 1.93 1.79 2.27 2.41 1.80 0.00 0.00 1.68 1.26
Quick Ratio		 8.94 14.67 0.84 0.69 0.40 0.51 0.30 0.00 0.00 0.27 0.46
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -0.46 -0.61 -45 -76 -85 -55 -8.90 76 85 -57 -55
Operating Cash Flow to CapEx		 48,380.00% 7,386.67% 639.13% 1,295.94% -3,721.67% -317.38% -21,580.43% 143.34% 2,554.41% 0.00% 178.06%
Free Cash Flow to Firm to Interest Expense		 -4.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 21.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 21.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.12 0.43 0.52 0.65 0.33 0.00 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 1.12 4.56 24.79 0.00 9.42 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 1.29 5.41 0.00 0.00 2.12 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 1.38 4.32 5.43 6.66 3.08 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 0.00 2.75 10.82 12.86 20.49 8.62 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 326.51 80.09 14.73 0.00 38.77 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 282.70 67.45 0.00 0.00 172.40 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 132.70 33.73 28.37 17.81 42.36 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 476.51 113.81 -13.65 -17.81 168.80 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -0.83 -0.58 48 79 83 52 55 0.00 0.00 56 55
Invested Capital Turnover		 0.00 0.00 0.30 0.60 0.76 1.47 0.68 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 -0.68 0.12 44 76 84 53 6.77 -79 -83 56 55
Enterprise Value (EV)		 -5.42 -8.03 45 74 77 51 55 0.00 0.00 55 56
Market Capitalization		 9.62 8.05 10 8.41 6.31 8.58 9.65 8.58 6.64 6.11 6.99
Book Value per Share		 $8.85 $8.90 $8.30 $7.80 $7.24 $5.56 $5.27 $0.00 $0.00 $4.02 $3.42
Tangible Book Value per Share		 $8.85 $8.90 ($12.80) ($12.83) ($13.35) ($14.94) ($14.83) $0.00 $0.00 ($15.87) ($16.19)
Total Capital		 16 16 55 81 85 54 57 0.00 0.00 57 56
Total Debt		 0.00 0.00 37 64 70 42 46 0.00 0.00 48 48
Total Long-Term Debt		 0.00 0.00 35 63 67 40 41 0.00 0.00 44 40
Net Debt		 -15 -16 32 63 68 40 44 0.00 0.00 47 47
Capital Expenditures (CapEx)		 0.01 0.02 0.23 0.27 0.20 0.47 0.05 0.62 0.07 0.00 0.16
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.85 -0.55 8.99 6.14 12 11 14 0.00 0.00 13 13
Debt-free Net Working Capital (DFNWC)		 16 16 14 7.87 14 13 16 0.00 0.00 14 14
Net Working Capital (NWC)		 16 16 11 6.07 12 11 11 0.00 0.00 9.61 4.80
Net Nonoperating Expense (NNE)		 0.92 -3.83 0.26 -1.19 0.45 3.21 1.23 0.62 0.52 1.06 0.74
Net Nonoperating Obligations (NNO)		 -17 -16 31 63 68 40 44 0.00 0.00 47 47
Total Depreciation and Amortization (D&A)		 -0.02 0.00 0.31 0.84 0.86 0.73 0.90 0.69 0.86 0.00 0.96
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 111.94% 24.76% 39.62% 29.35% 39.34% 0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 174.34% 31.70% 43.86% 34.01% 44.61% 0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 138.78% 24.44% 36.64% 29.19% 32.28% 0.00% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.63 $0.00 ($0.73) ($0.42) $0.00 $0.00 $0.00 $0.00 $0.00 ($1.29) ($0.43)
Adjusted Weighted Average Basic Shares Outstanding		 1.75M 1.78M 1.77M 1.77M 1.77M 1.77M 1.77M 0.00 0.00 1.77M 1.77M
Adjusted Diluted Earnings per Share		 $0.63 ($0.17) ($0.73) ($0.42) ($0.64) ($1.45) ($1.61) $0.00 $0.00 ($1.29) ($0.43)
Adjusted Weighted Average Diluted Shares Outstanding		 1.75M 1.78M 1.77M 1.77M 1.77M 1.77M 1.77M 0.00 0.00 1.77M 1.77M
Adjusted Basic & Diluted Earnings per Share		 $0.63 $0.00 ($0.73) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.79M 1.78M 1.77M 1.77M 1.77M 1.77M 1.77M 0.00 0.00 1.77M 4.77M
Normalized Net Operating Profit after Tax (NOPAT)		 -1.14 -0.49 -1.15 -0.08 -0.95 -2.63 -2.13 -2.72 1.14 -1.60 -0.01
Normalized NOPAT Margin		 0.00% 0.00% -14.33% -0.49% -14.27% -41.50% -41.34% -43.94% 9.19% -23.78% -0.10%
Pre Tax Income Margin		 0.00% 0.00% -22.82% -6.45% -33.10% -67.45% -79.29% -71.12% 6.21% -49.34% -8.02%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -14.71 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 -10.30 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 -14.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -10.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -26.28% 19.97% 0.00% 0.00% 2.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Lendway’s financial profile remains mixed. Revenue has recovered from the weak results reported during much of 2024 and early 2025, while recent losses have narrowed. However, the company continues to carry substantial debt, has limited cash, and has generated earnings that rely heavily on non-cash adjustments and working-capital movements.

  • Revenue momentum has improved. Reported revenue increased from $6.2 million in Q2 2026 to $14.4 million in Q3 2026, and was up from $12.4 million in the comparable Q3 2025 period. This represents a significant recovery from the $5.2 million reported in Q1 2025.
  • Quarterly losses narrowed materially. Net loss attributable to common shareholders improved from $2.9 million in Q1 2025 and $2.3 million in Q2 2026 to $765,000 in Q3 2026. Basic and diluted loss per share improved to $0.43 from $1.29 in Q2 2026.
  • Operating performance is approaching breakeven. Q3 2026 operating loss was only $20,000, compared with an operating loss of $2.3 million in Q2 2026. The improvement reflects higher revenue, although operating income was still $1.4 million in Q3 2025.
  • Operating cash flow turned positive. Cash flow from operating activities was $276,000 in Q3 2026 and increased to $7.2 million in the provided Q4 2026 cash-flow statement. This compares with negative operating cash flow of $9.9 million in Q1 2025 and $1.5 million in Q4 2024.
  • Debt repayments have been substantial in recent periods. The Q4 2026 cash-flow statement shows $12.3 million of debt repayment, compared with $796,000 in Q3 2026. Reducing debt could lower future interest costs if the repayment trend continues.
  • Cash generation is not yet fully supported by earnings. The $7.2 million of Q4 2026 operating cash flow accompanied a $6.6 million net loss and included $6.4 million of non-cash adjustments plus a $6.4 million benefit from changes in operating assets and liabilities. Investors should determine whether these cash benefits are recurring.
  • Revenue and margins remain volatile. Gross margin was approximately 20% in Q3 2026, up from roughly 7% in Q2 2026 but below the approximately 31% reported in Q3 2025. The wide swings make it difficult to establish a stable earnings trend.
  • Liquidity remains thin. Cash and equivalents were only $889,000 at March 31, 2026, down from $1.2 million at December 31, 2025 and $1.8 million at September 30, 2025. Current assets of $23.0 million exceeded current liabilities of $18.2 million, but the cushion was relatively limited and much of current assets consisted of inventory, receivables and prepaid expenses.
  • Leverage remains high relative to the asset base. Total liabilities were $95.5 million against total assets of $103.3 million at March 31, 2026. Short- and long-term debt, together with capital lease obligations, totaled approximately $48.5 million. Cash interest paid was $544,000 in the Q4 2026 cash-flow statement.
  • Shareholders’ equity has deteriorated. Total equity and noncontrolling interests declined to $7.8 million at March 31, 2026 from $16.5 million at June 30, 2024. Common retained earnings were negative $10.8 million, reflecting the company’s accumulated losses.

The balance sheet also contains significant goodwill, intangible assets and other noncurrent operating assets. Goodwill and intangible assets totaled approximately $34.8 million at March 31, 2026, or roughly one-third of total assets. These assets may support future operations, but they could expose shareholders to impairment risk if the company’s earnings recovery does not continue.

Overall, Lendway is showing signs of operational improvement, particularly in revenue, operating losses and recent operating cash flow. Nevertheless, the company has not established consistent profitability, and its low cash balance, high liabilities and declining equity remain important risks. Investors should focus on whether future cash flow is generated from recurring earnings rather than temporary working-capital releases or other non-cash adjustments.

10/02/26 12:28 PM ETAI Generated. May Contain Errors.

Lendway Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Lendway's fiscal year ends in June. Their fiscal year 2026 ended on June 30, 2026.

Lendway's net income appears to be on a downward trend, with a most recent value of -$13.38 million in 2026, compared with $1.53 million in 2015. The previous period was -$6.68 million in 2024. Check out Lendway's forecast to explore projected trends and price targets.

Lendway's total operating income in 2026 was -$16.87 million, based on the following breakdown:
  • Total Gross Profit: $7.89 million
  • Total Operating Expenses: $24.75 million

Over the last 11 years, Lendway's total revenue changed from $28.21 million in 2015 to $48.13 million in 2026, a change of 70.6%.

In the past 12 quarters, Lendway's cash and equivalents has ranged from $889 thousand in Q3 2026 to $14.95 million in Q3 2023, and is currently $889 thousand as of their latest financial filing in Q3 2026.

Lendway had total debt of $23.37 million at the end of 2026, a 44.4% decrease from 2024, and none in 2015.

Over the last 11 years, Lendway's book value per share changed from 2.12 in 2015 to 2.79 in 2026, a change of 31.3%.


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Financial statements for NASDAQ:TULP last updated on 9/21/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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