LeddarTech Holdings Inc.
LDTCF Technology Software Application
In the quarter to March 2025, revenue fell 87.9%, EPS grew 35.6% and free cash flow grew 39.9%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.
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LeddarTech Holdings Inc. (LDTCF) Piotroski F-score
LeddarTech Holdings Inc.'s Piotroski F-score for fiscal 2024 is 2 out of 9: 2 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2024 | 2 | — |
How fiscal 2024’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (361.65%) | (57.78%) | Fail | 0 |
| Positive operating cash flow | (30.05m) | (36.65m) | Fail | 0 |
| Rising return on assets | (361.65%) | (57.78%) | Fail | 0 |
| Cash flow above net income | 91.86m | (1.07m) | Pass | 1 |
| Falling long-term leverage | 1.76 | 0.61 | Fail | 0 |
| Rising current ratio | 0.39 | 0.82 | Fail | 0 |
| No new shares issued | 22,775,000 | 167,600 | Fail | 0 |
| Rising gross margin | 100.00% | (1.00%) | Pass | 1 |
| Rising asset turnover | 0.01 | 0.09 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 2 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| AUUD Auddia Inc. compare | 4 |
| ORKT Orangekloud Technology Inc. compare | 4 |
| NVNIF Nvni Group Limited compare | 4 |
| RCT RedCloud Holdings plc compare | 4 |
| AMST Amesite Inc. compare | 4 |
| VS Versus Systems Inc. compare | 4 |
| IFBD Infobird Co., Ltd. compare | 3 |
| BTTC Black Titan Corporation compare | 3 |
| LDTCF LeddarTech Holdings Inc. | 2 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover