LightPath Technologies, Inc. LPTH NASDAQ

LightPath Technologies, Inc. (LPTH) generated $-8.33M in operating cash flow for fiscal year 2025. After capital expenditures of $1.26M, free cash flow was $-9.59M.

Free cash flow margin was -25.8% of revenue. Cash conversion ratio was 0.56x, suggesting some earnings are non-cash.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (20/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was 0.56x suggests some earnings are non-cash items

Overall SharesGrow Score: 41/100 with 2/7 criteria passed.