Lite Strategy, Inc. income statement
In fiscal 2025, Lite Strategy, Inc. reported revenue of $0, down 100.0% on the year before and net income of −$15.9m, or −$2.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 2 | 5 | 28 | 35 | 41 | 49 | 65 | 0 |
| Cost of revenue | 5 | 3 | 4 | 3 | 1 | 0 | — | — | — |
| Gross profit | 18 | −2 | 1 | 25 | 33 | 41 | — | — | — |
| Research and development | 7 | 17 | 32 | 34 | 69 | 86 | 52 | 17 | 4 |
| General and administrative | 9 | 10 | 15 | 17 | 24 | 31 | 33 | 23 | 14 |
| Operating income | 2 | −29 | −46 | −26 | −60 | −75 | −37 | 15 | −17 |
| Income before tax | 3 | −40 | −17 | −47 | −41 | −54 | −32 | 18 | −16 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 3 | −40 | −17 | −47 | −41 | −54 | −32 | 18 | −16 |
| Diluted EPS | $0.07 | −$0.97 | −$0.75 | −$0.52 | −$0.60 | −$9.99 | −$4.78 | $2.67 | −$2.39 |
| Diluted shares (average) | 2m | 2m | 4m | 5m | 6m | 6m | 7m | 7m | 7m |
| EBITDA | 2 | −29 | −46 | −26 | −60 | −75 | −36 | 15 | −17 |
| Quarter | 2024 Q1Sept 2023 | 2024 Q2Dec 2023 | 2024 Q3Mar 2024 | 2024 Q4Jun 2024 | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 3 | 4 | 5 | 4 | 3 | 0 | 0 | 0 |
| General and administrative | 7 | 8 | 5 | 4 | 5 | 3 | 2 | 3 |
| Operating income | 55 | −12 | −10 | −19 | −8 | −3 | −3 | −3 |
| Net income | 56 | −11 | −9 | −18 | −8 | −3 | −3 | −3 |
| Diluted EPS | $8.46 | −$1.66 | −$1.37 | −$2.76 | −$1.20 | −$0.40 | −$0.39 | −$0.40 |
| EBITDA | 55 | −12 | −10 | −19 | −8 | −3 | −3 | −3 |
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