Sector: Consumer Cyclicals | Industry: Construction Supplies & Fixtures |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 10000 Alliance Rd PO Box 42728 CINCINNATI OH 45242 |
Tel: | 1-720-7782415 |
Website: | https://www.lsicorp.com |
IR: | See website |
Key People | ||
James A. Clark Chief Executive Officer, Director | James E. Galeese Chief Financial Officer, Executive Vice President | Thomas A. Caneris Executive Vice President, Senior Vice President - Human Resources, General Counsel, Secretary | Jeffery S. Bastian Chief Accounting Officer, Vice President |
Business Overview |
LSI Industries Inc. is a producer of non-residential lighting and retail display solutions. It operates through two segments: Lighting and Display Solutions. Its Lighting Segment manufactures, markets, and sells outdoor and indoor lighting fixture and controls solutions in the commercial and industrial markets, including refueling and convenience store, parking lot and garage, quick-service restaurant, retail, grocery and pharmacy, automotive dealership, sports court and field, and warehouse. The Company services these markets through multiple channels: project business sold through electrical distributors and agents, standard products sold to and stocked by distributors, and direct to end-use customers. Its Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, store display fixtures, refrigerated displays, and custom display elements. |
Financial Overview |
For the six months ended 31 December 2023, LSI Industries Inc revenues decreased 9% to $232.4M. Net income increased 10% to $13.9M. Revenues reflect Display Solutions Segment decrease of 18% to $100M, Lighting Segment decrease of 1% to $132.4M. Net income reflects Eliminations segment loss decrease of 16% to $9.3M, Lighting Segment income increase of 11% to $17.6M. Dividend per share remained flat at $0.10. |
Employees: | 1,540 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $459.51M as of Dec 31, 2023 |
Annual revenue (TTM): | $473.55M as of Dec 31, 2023 |
EBITDA (TTM): | $46.87M as of Dec 31, 2023 |
Net annual income (TTM): | $27.02M as of Dec 31, 2023 |
Free cash flow (TTM): | $38.26M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $19.97M as of Dec 31, 2023 |
Shares outstanding: | 29,070,313 as of Jan 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |