Lite Strategy, Inc. key statistics and ratios
In fiscal 2025, Lite Strategy, Inc. had return on equity of -63.8%, debt equal to 0.0% of equity and a current ratio of 13.50. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 78.5% | — | 13.3% | 90.4% | 96.0% | 100.0% | — | — | — |
| Operating margin | 10.3% | <−999% | −940.9% | −92.6% | −173.7% | −185.5% | −75.3% | 22.3% | — |
| Net margin | 11.5% | <−999% | −342.2% | −170.0% | −117.8% | −132.7% | −65.6% | 27.6% | — |
| Free-cash-flow margin | 14.8% | — | −603.1% | 120.2% | −93.9% | −121.0% | −107.6% | −77.3% | — |
| Return on equity | 5.3% | −79.1% | −34.2% | −75.5% | −64.8% | −106.0% | −83.1% | 62.5% | −63.8% |
| Return on assets | 4.8% | −50.0% | −18.0% | −32.3% | −21.4% | −30.7% | −21.4% | 22.2% | −53.5% |
| Asset turnover | 0.42 | 0.02 | 0.05 | 0.19 | 0.18 | 0.23 | 0.33 | 0.81 | — |
| Current ratio | 11.37 | 13.23 | 5.75 | 15.17 | 8.15 | 6.84 | 5.29 | 4.88 | 13.50 |
| Debt to equity | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Effective tax rate | 0.0% | — | — | — | — | — | — | 0.0% | — |
| R&D as % of revenue | 31.1% | >999% | 657.2% | 122.7% | 199.4% | 210.4% | 107.4% | 25.4% | — |
| Capital spending as % of revenue | 0.2% | — | 4.4% | 3.2% | 2.0% | 1.2% | 0.1% | 0.0% | — |
| Free cash flow ÷ net income | 128.7% | — | — | — | — | — | — | −280.4% | — |
| Dividends ÷ net income | — | — | — | — | — | — | — | 64.8% | — |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 84.7% | — | — | — | — | — | — | — |
| Net margin | 86.3% | — | — | — | — | — | — | — |
| Free-cash-flow margin | −28.3% | — | — | — | — | — | — | — |
| Current ratio | 10.32 | 8.23 | 6.17 | 4.88 | 9.66 | 10.66 | 16.78 | 13.50 |
| R&D as % of revenue | 5.3% | — | — | — | — | — | — | — |
Moat
Weak moat
How hard Lite Strategy's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 0 / 20
Net income has been a median -25.0% of total assets over 10 years.
- Durability 10 / 20
Operating margin has been a median -131.3%; its worst year was -1762.4%.
- Discipline 0 / 20
The diluted share count rose 658.9% over five years; stock-based pay has been a median 22.0% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (17 before it).
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