Lite Strategy, Inc. LITS
- Market cap
- $51.0M
- P/E
- 0.0×
Follow LITS
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17.40 | 28.00 | 36.40 | 28.80 | 14.40 | 45.60 | 4.20 | 4.00 | 2.30 | 1.30 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 45.60 | 65.20 | 102.80 | 68.20 | 89.20 | 91.60 | 56.00 | 7.97 | 6.26 | 9.00 |
High Price
|
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| 23 | 25 | 32 | 40 | 51 | 76 | 102 | 46 | 28 | 4 |
Employees
|
|||
| 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 2 | 0 |
Revenue/Emp
|
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| — | 23 | 2 | 5 | 28 | 35 | 41 | 49 | 65 | — |
Revenue
|
|||
| 0.00% | 78.49% | (108.57%) | 13.27% | 90.38% | 95.95% | 100.00% | 100.00% | 100.00% | — |
Gross Margin
|
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| (21) | 3 | (40) | (17) | (47) | (41) | (54) | (32) | 18 | (16) |
EBT
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| 0.00% | 11.49% | (2,470.22%) | (342.18%) | (169.95%) | (118.71%) | (133.80%) | (65.22%) | 27.23% | 0.00% |
EBT Margin
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| (21) | 3 | (40) | (17) | (47) | (41) | (54) | (32) | 18 | (16) |
Net Income
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 0 |
Depreciation
|
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| 0.00 | 12.63 | 0.78 | 1.38 | 6.09 | 6.18 | 6.54 | 7.33 | 9.80 | 0.00 |
Revenue/Sh
|
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| (12.20) | 1.40 | (19.40) | (4.80) | (10.20) | (9.00) | (8.80) | (4.78) | 2.67 | (2.39) |
Earnings/Sh
|
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| (10.38) | 1.89 | (10.15) | (8.27) | 7.52 | (5.68) | (7.83) | (7.88) | (7.58) | (3.13) |
Cash Flow/Sh
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| 0.00 | (0.03) | 0.00 | (0.06) | (0.20) | (0.13) | (0.08) | (0.01) | 0.00 | 0.00 |
Capex/Sh
|
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| (10.38) | 1.87 | (10.15) | (8.33) | 7.33 | (5.81) | (7.91) | (7.88) | (7.58) | (3.13) |
Free CF/Sh
|
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| 24.22 | 27.62 | 24.36 | 13.47 | 16.92 | 8.79 | 8.42 | 3.70 | 4.96 | 2.54 |
Book Value/Sh
|
|||
| 2 | 2 | 2 | 4 | 5 | 6 | 6 | 7 | 7 | 7 |
Shares
|
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| — | 39.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.07 | — |
PE Ratio
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| — | 3.78 | 102.43 | 36.47 | 13.55 | 9.22 | 1.87 | 0.90 | 0.18 | — |
PS Ratio
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| — | 1.73 | 3.29 | 3.74 | 4.88 | 6.48 | 1.45 | 1.78 | 0.58 | — |
PB Ratio
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| — | 1.48 | 39.09 | 21.32 | 6.97 | 4.81 | (1.90) | (1.16) | (0.18) | — |
EV/Sales
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| — | 10.02 | (3.01) | (3.53) | 5.80 | (5.12) | 1.57 | 1.08 | 0.38 | — |
EV/FCF
|
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| (18) | 3 | (21) | (29) | 34 | (32) | (49) | (52) | (50) | (21) |
Op' Cash Flow
|
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| 0 | 0 | — | 0 | (1) | (1) | 0 | 0 | 0 | 0 |
Capex
|
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| (18) | 3 | (21) | (30) | 33 | (33) | (49) | (53) | (50) | (21) |
FCF
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| 41 | 50 | 96 | 68 | 195 | 145 | 143 | 87 | 32 | 17 |
Working Cap'
|
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| — | — | — | — | — | 8 | 10 | 13 | — | — |
Total Debt
|
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| (46) | (54) | (103) | (74) | (183) | (153) | (153) | (101) | (38) | (18) |
Net Debt
|
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| 42 | 51 | 50 | 48 | 77 | 49 | 52 | 25 | 33 | 17 |
Sh' Equity
|
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| (37.28%) | 5.19% | (49.97%) | (17.96%) | (32.27%) | (21.53%) | (30.95%) | (21.32%) | 21.92% | (53.45%) |
ROA
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| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROIC
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| (41.13%) | 5.77% | (79.11%) | (34.19%) | (75.48%) | (65.30%) | (106.90%) | (82.66%) | 61.68% | (63.84%) |
ROE
|
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Lite Strategy, Inc. peers in Biotechnology
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|---|---|---|---|
| TVGN Tevogen Inc. | $51.1M | 0.0× | Compare |
| IMA ImageneBio, Inc. | $52.9M | 0.0× | Compare |
| ELTX Elicio Therapeutics, Inc. | $53.4M | 0.0× | Compare |
| DWTX Dogwood Therapeutics, Inc | $48.6M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| TIL Instil Bio, Inc. | $48.3M | 0.0× | Compare |
| IBO Impact Biomedical Inc. | $48.3M | 6.5× | Compare |
| LONA LeonaBio, Inc. | $54.3M | 0.0× | Compare |
| SER Serina Therapeutics, Inc. | $54.4M | 0.0× | Compare |
Lite Strategy, Inc. (LITS) key facts
- Lite Strategy, Inc. (LITS) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- Lite Strategy, Inc.’s revenue for fiscal 2024 (year ended June 2024) was $65.3 million, up 33.8% from fiscal 2023.
- As of September 25, 2026, LITS traded at $1.44, a market capitalization of $51.0 million.
- Return on equity was −63.8% and debt-to-equity 0.00.
Lite Strategy, Inc. (LITS) Latest News
12 Aug
Sellas’ experimental drug SLS009 leads the CDK9 race according to Alliance Global, with an analyst projecting about 200% upside potential. Analyst note on SLS009 leadership and 200% upside signals major positive shift in competitive positioning and investor outlook.
MEI Pharma, Inc. engages Oppenheimer & Co. Inc. to evaluate strategic alternatives. The engagement of a financial advisor to evaluate strategic alternatives can significantly impact MEI Pharma's future strategic direction and market performance.
23 Jun
Lite Strategy, Inc. questions if LitVM can add smart contracts to Litecoin without altering its fundamental identity. LitVM exploration may moderately advance LITS innovation and market positioning in blockchain.
18 Jun
Lite Strategy, Inc. leads a $1m investment in Litecoin Layer 2 platform LitVM. Leading $1m investment in LitVM advances Lite Strategy's Layer 2 blockchain positioning.
25 Apr
Lite Strategy (NASDAQ:LITS) undergoes evaluation for its positioning to capitalize on growth opportunities, analyzing financial health, market dynamics, and strategic outlook. Growth investment assessment influences financial performance and competitive positioning moderately.
28 Aug
The surge in cryptocurrency investments has raised concerns about insider trading, particularly among companies like MEI Pharma, Inc. (MEIP). As firms explore crypto treasuries, regulatory scrutiny is increasing, prompting discussions on the ethical implications and potential legal ramifications of trading practices. The evolving landscape of digital assets could impact market dynamics and investor behavior, leading to heightened vigilance from regulatory bodies. Increased regulatory scrutiny around insider trading in the crypto space may moderately influence MEIP's market sentiment and operational strategies.
5 Aug
MEI Pharma, Inc. has decided to adopt Litecoin as a treasury asset, diverging from more commonly used cryptocurrencies like Bitcoin and Ethereum. This strategic move aims to enhance the company's financial flexibility and potentially leverage the benefits of Litecoin's blockchain technology. Adopting Litecoin as a treasury asset may moderately influence MEI Pharma's financial strategy and market perception.
Litecoin has reached a five-month high, driven by optimism surrounding cryptocurrency ETFs. Concurrently, MEI Pharma, Inc. has announced a substantial $100 million treasury, which could influence its financial strategies and market positioning. The $100 million treasury could moderately influence MEI Pharma's financial performance and strategic initiatives.
21 Jul
MEI Pharma announced a $100 million private placement to accumulate Litecoin and appointed its creator, Charlie Lee, to the board. This move positions MEI as the first publicly traded company on a major exchange to adopt a significant cryptocurrency strategy, coinciding with rising Bitcoin prices and increased interest in crypto among companies. The announcement follows Trump Media's $2 billion Bitcoin purchase, reflecting a broader trend in corporate crypto investments. The strategic decision to accumulate Litecoin and appoint its creator could significantly influence MEI Pharma's market positioning and investor sentiment.
20 Jul
MEI Pharma, Inc. (MEIP) has achieved a significant milestone by becoming the first and only publicly traded holder of a License to Cultivate (LTC) on a national exchange. This development positions MEIP uniquely within the market, potentially enhancing its visibility and credibility among investors and stakeholders. The LTC allows the company to engage in the cultivation of cannabis for research and development purposes, which could lead to new therapeutic innovations and revenue streams. This strategic move is expected to attract interest from both institutional and retail investors, further solidifying MEIP's standing in the biopharmaceutical sector. Becoming the first publicly traded LTC holder is a significant strategic move that could enhance MEI Pharma's market position and investor interest.
18 Jul
GSR has invested $100 million in MEI Pharma, Inc. (NASDAQ:MEIP) as part of a strategic partnership to institutionalize Litecoin as a treasury asset. GSR will act as a digital asset treasury manager and advisor, collaborating with Litecoin creator Charlie Lee, who will join MEI's Board of Directors. This initiative marks the first time a public company aligns its treasury strategy with Litecoin at an institutional level, reflecting growing institutional confidence in LTC. The partnership aims to bridge public markets and crypto innovation, potentially enhancing LTC's role in decentralized finance. The partnership with GSR and the alignment with Litecoin as a treasury asset could significantly alter MEI's strategic direction and market positioning.
The total market value of cryptoassets surpassed $4 trillion, fueled by a rally in altcoins and new US legislation regulating stablecoins. Bitcoin's value is projected to reach $150,000, while altcoins like Ether and Uniswap have seen significant gains. MEI Pharma Inc. shares doubled after announcing a $100 million investment in a Litecoin treasury. The House passed a broader crypto market structure bill, awaiting Senate approval, and investor interest in US-listed crypto ETFs remains strong, with substantial inflows in July. The announcement of MEI Pharma's investment in a Litecoin treasury represents a significant strategic move that could alter its market positioning.
13 May
MEI Pharma, Inc. reported its third quarter results for fiscal year 2025, revealing a cash position of $20.5 million and ongoing evaluation of strategic alternatives, including out-licensing and M&A opportunities. The company is undergoing a reduction-in-force as part of its cash preservation efforts. No assurance is given that these strategic evaluations will lead to successful agreements. For the quarter, MEI Pharma reported no revenues and a net loss of $2.57 million. The company continues to assess its operational direction and financial stability amidst these changes. The ongoing evaluation of strategic alternatives and cash preservation efforts may moderately influence MEI Pharma's financial performance and market positioning.
12 Feb
MEI Pharma, Inc. reported its cash position for the second quarter of fiscal year 2025, highlighting a cash balance of $XX million as of the end of the quarter. The company continues to focus on advancing its clinical programs and maintaining financial stability. Management expressed optimism about upcoming milestones and ongoing collaborations that may enhance its market position. The reported cash position and focus on clinical programs indicate a moderate influence on financial performance and market sentiment.
12 Nov
MEI Pharma reported first quarter fiscal year 2025 cash position, reaffirming evaluation of strategic alternatives and cash preservation efforts. The article discusses MEI Pharma's ongoing evaluation of strategic alternatives and cash preservation efforts, which could significantly impact its future trajectory and market performance.
19 Sep
MEI Pharma reported fiscal year end 2024 cash position, continuing evaluation of strategic alternatives with a reduction-in-force and discontinuation of voruciclib clinical development. The article describes significant strategic moves, workforce reduction, and clinical development discontinuation that could profoundly impact MEI Pharma's future trajectory.
22 Jul
MEI Pharma, Inc. considers strategic alternatives, including potential transactions or orderly wind down to maximize value for stockholders. Company to commence reduction in force and discontinue clinical development of voruciclib. CEO and CMO to step down. CFO to become Acting CEO. Board to evaluate out-licensing and M&A opportunities. The company's decision to consider strategic alternatives, significant workforce reduction, and key executive departures are likely to have a major impact on MEI Pharma's future and market performance.
1 Jul
Undervalued biotech stocks offer potential for growth in the healthcare sector, with MEI Pharma, Inc. (MEIP) highlighted as one of the options. The article discusses undervalued biotech stocks with potential for significant growth, including MEI Pharma, Inc. (MEIP).
9 May
MEI Pharma reports positive results for voruciclib plus venetoclax in AML patients and prioritizes voruciclib program development. The positive clinical data and strategic focus on voruciclib have the potential to significantly impact MEI Pharma's future drug development and market positioning.
11 Apr
MEI Pharma's Board of Directors aligns on strategy to advance voruciclib and ME-344, deciding not to proceed with second capital return under 2023 agreement. The strategic decisions made by the Board regarding the prioritization of clinical development and conservation of resources are expected to significantly impact MEI Pharma's future trajectory and market performance.
MEI Pharma reports initial data from clinical study evaluating ME-344 in combination with Bevacizumab in relapsed metastatic colorectal cancer patients. The reported data on ME-344 combination therapy exceeding non-progression threshold and plans for new formulation development could significantly impact MEI Pharma's future drug development and market positioning.
10 Apr
MEI Pharma, Inc. to present at Stifel 2024 Virtual Targeted Oncology Forum. Participation in forum may moderately influence market sentiment and competitive positioning.
26 Mar
MEI Pharma reports update on clinical study evaluating oral CDK9 inhibitor voruciclib in combination with venetoclax in patients with relapsed and refractory AML. Positive results from ongoing Phase 1 study with potential to address resistance mechanisms and improve patient benefit.
9 Mar
MEI Pharma, Inc. (MEIP) is listed as one of the 12 most undervalued biotech stocks to buy according to hedge funds. The article highlights potential strategic moves and significant product developments that could impact MEI Pharma's future performance.
13 Feb
MEI Pharma reports second quarter fiscal year 2024 results and operational highlights, including updates on voruciclib and ME-344 clinical studies. Significant impact likely on future and performance due to potential clinical data read-outs and financial results.
MEI Pharma, Inc. (MEIP) reports Q2 loss and misses revenue estimates. Moderately noticeable influence expected on financial performance.
8 Feb
GreenWood Investors LLC released its annual 2023 investor letter, mentioning MEI Pharma, Inc. (MEIP) as one of its top holdings with potential for growth. The mention of MEI Pharma's compelling assets and attractively-priced stock suggests a significant impact on the company's future and market performance.
16 Jan
MEI Pharma to present design of ongoing clinical study evaluating ME-344 at ASCO GI Cancers Symposium 2024. The ongoing Phase 1b study evaluating ME-344 plus Avastin in patients with metastatic colorectal cancer has the potential to significantly impact MEI Pharma's future drug development and market performance.
11 Dec
MEI Pharma reports clinical data on oral CDK9 inhibitor Voruciclib at ASH2023. Significant impact likely on future and performance due to the potential of Voruciclib in the market.
27 Nov
MEI Pharma, Inc. (MEIP) is listed as one of the 11 cheapest stocks with the biggest upside by analysts and hedge funds. The article highlights potential significant impact on MEI Pharma, Inc. (MEIP) future and market performance based on analyst recommendations and hedge fund investments.