Leader Capital Financials
This page shows Leader Capital (LCHD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Leader Capital's current model is equity-funded operating burn, with sales growth still far behind its cash needs.
From FY2021 to FY2022, revenue rose to$339K from$95K , suggesting commercial activity is starting but not yet covering the cost base. Yet operating cash burn was still-$2.9M and year-end cash only$213K , leaving liquidity tight and the business dependent on external financing despite better sales.
The balance-sheet strain intensified because equity moved from
Cash use is mostly operational rather than capital-intensive: free cash flow was
Financial Health Signals
We are recalculating Leader Capital's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Key Financial Metrics
Earnings & Revenue
Leader Capital generated $339K in revenue in fiscal year 2022. This represents an increase of 256.7% from the prior year.
Cash & Balance Sheet
Leader Capital generated -$3.0M in free cash flow in fiscal year 2022, representing cash available after capex. This represents an increase of 19.8% from the prior year.
Leader Capital held $213K in cash against $0 in long-term debt as of fiscal year 2022.
Leader Capital had 192M shares outstanding in fiscal year 2022. This represents an increase of 21.4% from the prior year.
Margins & Returns
Capital Allocation
Leader Capital invested $511K in research and development in fiscal year 2022. This represents a decrease of 15.2% from the prior year.
Leader Capital invested $49K in capex in fiscal year 2022, funding long-term assets and infrastructure. This represents a decrease of 31.0% from the prior year.
LCHD Income Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16K-83.3% | $94K-63.1% | $255K+39.2% | $183K+36.4% | $134K+1657.2% | $8K-48.5% | $15K-10.1% | $16K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $27K-75.7% | $110K+3.9% | $106K-26.5% | $145K+38.0% | $105K-8.7% | $115K-21.5% | $146K+0.4% | $146K |
| SG&A Expenses | $688K-10.6% | $769K+10.1% | $699K | N/A | $1.8M+62.9% | $1.1M-33.5% | $1.7M-13.1% | $1.9M |
| Operating Income | -$631K+20.0% | -$789K-39.8% | -$564K | N/A | -$1.8M-44.2% | -$1.3M+37.9% | -$2.0M+40.4% | -$3.4M |
| Interest Expense | $33K+7.3% | $31K+0.9% | $31K-5.2% | $32K+177.8% | $12K-47.5% | $22K-22.1% | $29K-44.3% | $51K |
| Income Tax | N/A | N/A | N/A | -$112K-2399.6% | -$4K0.0% | -$4K0.0% | -$4K+79.7% | -$22K |
| Net Income | -$735K-1.1% | -$727K-1.1% | -$719K | N/A | -$4.8M-100.8% | -$2.4M-12.2% | -$2.1M+33.6% | -$3.2M |
| EPS (Diluted) | $0.00 | N/A | N/A | N/A | $-0.02 | N/A | N/A | N/A |
LCHD Balance Sheet
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $285K+9.7% | $260K-56.3% | $594K-17.3% | $719K-76.9% | $3.1M-2.2% | $3.2M-8.6% | $3.5M-11.2% | $3.9M |
| Current Assets | $231K+122.8% | $104K-58.0% | $247K-38.6% | $402K-28.3% | $560K+32.8% | $422K-27.0% | $578K-43.4% | $1.0M |
| Cash & Equivalents | $163K+5433.7% | $3K-96.1% | $75K-64.9% | $213K-28.6% | $299K+89.6% | $158K-50.1% | $316K-59.9% | $787K |
| Inventory | N/A | $3K-48.1% | $5K-36.1% | $8K-16.3% | $10K-13.8% | $11K-16.7% | $13K+1090.1% | $1K |
| Accounts Receivable | $3K-0.2% | $3K-67.7% | $8K+89.9% | $4K+14.7% | $4K+52.2% | $3K+97.1% | $1K-18.2% | $2K |
| Goodwill | N/A | N/A | N/A | N/A | $1.7M0.0% | $1.7M0.0% | $1.7M0.0% | $1.7M |
| Total Liabilities | $3.0M-5.0% | $3.1M+7.0% | $2.9M-0.4% | $2.9M-9.8% | $3.2M-7.8% | $3.5M-7.9% | $3.8M+5.6% | $3.6M |
| Current Liabilities | $2.8M-4.5% | $2.9M+9.4% | $2.6M-0.4% | $2.7M-7.7% | $2.9M-13.2% | $3.3M-4.1% | $3.5M+35.8% | $2.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$2.7M+6.3% | -$2.9M-23.2% | -$2.3M-5.2% | -$2.2M-1696.0% | -$123K+62.7% | -$328K+0.2% | -$329K-204.6% | $314K |
| Retained Earnings | -$37.1M-2.0% | -$36.4M-2.0% | -$35.6M-2.1% | -$34.9M-8.2% | -$32.3M-17.4% | -$27.5M-9.5% | -$25.1M-9.2% | -$23.0M |
LCHD Cash Flow Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$492K-60.5% | -$307K+23.6% | -$401K+26.1% | -$543K-27.3% | -$427K+49.7% | -$848K+22.3% | -$1.1M-46.2% | -$747K |
| Capital Expenditures | $4-80.0% | $20-98.1% | $1K-89.8% | $11K-0.2% | $11K+83.9% | $6K-73.7% | $22K+91.8% | $11K |
| Free Cash Flow | -$492K-60.5% | -$307K+23.8% | -$403K+27.3% | -$554K-26.6% | -$437K+48.8% | -$854K+23.3% | -$1.1M-46.9% | -$759K |
| Investing Cash Flow | -$4+80.0% | -$20+98.1% | -$1K+89.8% | -$11K+0.5% | -$11K-47.3% | -$7K+67.2% | -$22K-91.8% | -$11K |
| Financing Cash Flow | $678K+221.9% | $211K-21.2% | $267K-41.5% | $457K-22.5% | $590K-15.6% | $699K+8.9% | $642K+407.1% | -$209K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LCHD Financial Ratios
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -4012.6%-3172.8pp | -839.8%-618.2pp | -221.6% | N/A | -1346.4%+15059.9pp | -16406.3%-2791.0pp | -13615.3%+6932.6pp | -20547.8% |
| Net Margin | -4673.3%-3899.4pp | -774.0%-491.5pp | -282.5% | N/A | -3560.3%+27594.1pp | -31154.5%-16842.5pp | -14312.0%+5054.0pp | -19366.0% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -1015.0% |
| Return on Assets | -257.9%+22.1pp | -280.0%-159.0pp | -121.0% | N/A | -153.3%-78.6pp | -74.7%-13.9pp | -60.8%+20.5pp | -81.3% |
| Current Ratio | 0.08+0.0 | 0.04-0.1 | 0.09-0.1 | 0.15-0.0 | 0.20+0.1 | 0.13-0.0 | 0.17-0.2 | 0.40 |
| Debt-to-Equity | -1.11-0.0 | -1.09+0.2 | -1.26+0.1 | -1.33+25.1 | -26.43-15.7 | -10.70+0.9 | -11.60-23.1 | 11.49 |
| FCF Margin | -3131.3%-2804.7pp | -326.6%-168.4pp | -158.1%+144.5pp | -302.6%+23.4pp | -326.0%+10867.0pp | -11193.0%-3667.4pp | -7525.7%-2920.2pp | -4605.5% |
Note: Shareholder equity is negative (-$2.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.15), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Leader Capital's annual revenue?
Leader Capital (LCHD) reported $339K in total revenue for fiscal year 2022. This represents a 256.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Leader Capital's revenue growing?
Leader Capital (LCHD) revenue grew by 256.7% year-over-year, from $95K to $339K in fiscal year 2022.
What is Leader Capital's free cash flow?
Leader Capital (LCHD) generated -$3.0M in free cash flow during fiscal year 2022. This represents a 19.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Leader Capital's operating cash flow?
Leader Capital (LCHD) generated -$2.9M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Leader Capital's total assets?
Leader Capital (LCHD) had $719K in total assets as of fiscal year 2022, including both current and long-term assets.
What are Leader Capital's capital expenditures?
Leader Capital (LCHD) invested $49K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
How much does Leader Capital spend on research and development?
Leader Capital (LCHD) invested $511K in research and development during fiscal year 2022.
What is Leader Capital's current ratio?
Leader Capital (LCHD) had a current ratio of 0.15 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
What is Leader Capital's debt-to-equity ratio?
Leader Capital (LCHD) had a debt-to-equity ratio of -1.33 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Leader Capital's cash runway?
Based on fiscal year 2022 data, Leader Capital (LCHD) had $213K in cash against an annual operating cash burn of $2.9M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Leader Capital's debt-to-equity ratio negative or unusual?
Leader Capital (LCHD) has negative shareholder equity of -$2.2M as of fiscal year 2022, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.