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Lite Access Technologies
(IMI)
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Rating:47Neutral
Price Target:
C$0.10
▼(-26.43% Downside)
Action:Reiterated
Date:05/31/26
The score is held back primarily by high balance-sheet leverage and uneven profitability (margin compression and a return to net losses), partially offset by strong recent revenue growth and positive operating/free cash flow. Technical indicators remain soft and valuation is challenged by negative earnings and no dividend yield support.
Positive Factors
Revenue growth
Sustained TTM revenue growth of ~26.9% indicates expanding customer adoption and market traction. Over a multi-quarter horizon this growth supports operating leverage, broader product acceptance and scale benefits that can underpin durable top-line expansion if execution remains consistent.
Negative Factors
Very high leverage
A debt-to-equity ratio near 9x creates substantial financial leverage and interest obligations, constraining flexibility. High leverage magnifies downside risk from revenue or margin swings, limits ability to pursue opportunistic investments, and raises refinancing and covenant risks over a multi-quarter horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth
Sustained TTM revenue growth of ~26.9% indicates expanding customer adoption and market traction. Over a multi-quarter horizon this growth supports operating leverage, broader product acceptance and scale benefits that can underpin durable top-line expansion if execution remains consistent.
Read all positive factors
Lite Access Technologies (IMI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$17.36M
Dividend YieldN/A
Average Volume (3M)138.83K
Price to Earnings (P/E)―
Beta (1Y)0.68
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees100
SectorGeneral
Sector StrengthN/A
IndustryCommunication Equipment
Share Statistics
EPS (TTM)N/A
Shares Outstanding173,585,080
10 Day Avg. Volume295,450
30 Day Avg. Volume138,832
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)-2.73
Price to Sales (P/S)0.61
P/FCF Ratio2.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Lite Access Technologies Business Overview & Revenue Model
Company Description
Ironman International Ltd., a company established in Surrey, Canada, in 2003, specializes in providing fiber optic products and sophisticated installation techniques throughout Canada and the United States. Operating with two core divisions—produc...
How the Company Makes Money
null...
Lite Access Technologies Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
24
Negative
Cash Flow
71
Positive
| Breakdown | TTM | Aug 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 23.51M | 13.67M | 4.78M | 5.00M | 5.78M | 5.35M |
| Gross Profit | 2.79M | 4.89M | 816.73K | 364.98K | -1.38M | -1.98M |
| EBITDA | 2.45M | 3.05M | -326.07K | -1.15M | -2.38M | -2.30M |
| Net Income | -1.30M | 1.80M | -630.77K | -1.48M | -2.92M | 2.15M |
Balance Sheet | ||||||
| Total Assets | 30.94M | 23.12M | 3.72M | 2.85M | 3.61M | 6.55M |
| Cash, Cash Equivalents and Short-Term Investments | 2.63M | 2.01M | 1.06M | 562.16K | 239.10K | 627.78K |
| Total Debt | 24.81M | 4.37M | 668.85K | 738.88K | 508.19K | 1.51M |
| Total Liabilities | 29.09M | 26.16M | 4.45M | 3.02M | 3.01M | 4.08M |
| Stockholders Equity | 1.85M | -3.03M | -736.94K | -169.76K | 598.15K | 2.47M |
Cash Flow | ||||||
| Free Cash Flow | 3.87M | 3.96M | 650.66K | -349.72K | -2.22M | -1.56M |
| Operating Cash Flow | 9.50M | 7.62M | 650.66K | -326.37K | -2.15M | -1.55M |
| Investing Cash Flow | -3.16M | -2.45M | -2.22M | 72.51K | -39.98K | 108.01K |
| Financing Cash Flow | -3.25M | -2.42M | -153.41K | 576.92K | 937.60K | 1.02M |
Lite Access Technologies Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | C$13.79M | 24.65 | 8.45% | ― | 29.61% | 92.79% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | C$5.18M | 19.38 | ― | ― | 6.02% | ― | |
50 Neutral | C$89.63M | -0.60 | ― | ― | -53.93% | 36.00% | |
47 Neutral | C$17.36M | -14.18 | ― | ― | ― | ― | |
41 Neutral | C$570.09K | -0.02 | -73.44% | ― | -6.54% | 63.10% | |
41 Neutral | C$8.37M | -4.32 | ― | ― | ― | -164.52% |
* General Sector Average
TSE:IMI
Lite Access Technologies
0.10
0.02
18.75%
TSE:NUR
Nuran Wireless
6.90
-14.10
-67.14%
TSE:NVI
Novra Technologies
0.16
0.05
55.00%
TSE:TTZ
Total Telcom
0.53
0.32
146.51%
TSE:VTI
Valdor Technology International
0.38
-3.12
-89.14%
TSE:YFI
Edgewater Wireless Systems
0.04
-0.02
-41.67%
Lite Access Technologies Corporate Events
Financial DisclosuresRegulatory Filings and Compliance
Ironman Secures MCTO as It Delays 2025 Annual Filings
Negative
Apr 1, 2026
Ironman International Ltd. has obtained a management cease trade order from the British Columbia Securities Commission after delaying the filing of its audited annual financial statements and related disclosures for the year ended Nov. 30, 2025, f...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Ironman Extends and Amends Terms of Related-Party Equipment Loan
Neutral
Mar 27, 2026
Ironman International Ltd. has amended the terms of a $1.4 million existing loan held by its subsidiary 1097195 B.C. Ltd. with related party 599837 B.C. Ltd., setting an 8% annual interest rate effective September 26, 2025 and extending the loan&#...
Financial DisclosuresRegulatory Filings and Compliance
Ironman Seeks Management Cease Trade Order Amid Audit-Related Filing Delay
Negative
Mar 26, 2026
Ironman International has applied for a management cease trade order as it expects to miss the March 30 deadline for filing its audited annual financial statements and related disclosures for the year ended November 30, 2025. The delay stems from ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.