LANTRONIX Strengthens Industrial IoT Market Presence with Innovative Products and Key Acquisitions
April 13, 2023
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Lantronix ($NASDAQ:LTRX), Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets. With its innovative products and key acquisitions, the company is well-positioned to capitalize on the Industrial IoT market. It provides Ethernet-enabled products, including intelligent gateways, industrial controllers and embedded systems, as well as software and services to help customers connect and control their equipment. Its offerings are used in multiple industries, including manufacturing, medical and healthcare, transportation, retail, and energy and utilities. Lantronix’s products are designed to provide organizations with secure and cost-effective access to their data, enabling them to maximize the value of their IoT investments. The company’s solutions enable users to monitor and control remote devices, securely transfer data and automate processes from any location. Lantronix also provides a range of services to help customers develop, integrate and deploy their IoT solutions.
In addition, it has made several strategic acquisitions over the years, including Opengear and KORE Telematics, which have strengthened its presence in the Industrial IoT market. With its comprehensive portfolio of products and services, the company is helping organizations unlock the full potential of IoT.
Market Price
On Wednesday, stock opened at $4.6 and closed at the same price, indicating a slight decrease of 0.2% from the prior closing price. LANTRONIX aims to continue to expand their presence in the IoT market and make further acquisitions in the near future, signifying a commitment to strengthening their foothold in this sector. The company has already invested heavily in the development of products that are set to revolutionize the industrial IoT landscape and plans to increase the number of products and services available. With the strategic investments in key players in the market, LANTRONIX seeks to cement its position as a leader in industrial IoT. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lantronix. LANTRONIX_Strengthens_Industrial_IoT_Market_Presence_with_Innovative_Products_and_Key_Acquisitions”>More…
| Total Revenues | Net Income | Net Margin |
| 131.57 | -4.95 | -3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lantronix. LANTRONIX_Strengthens_Industrial_IoT_Market_Presence_with_Innovative_Products_and_Key_Acquisitions”>More…
| Operations | Investing | Financing |
| -13.96 | -8.2 | -7.39 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lantronix. LANTRONIX_Strengthens_Industrial_IoT_Market_Presence_with_Innovative_Products_and_Key_Acquisitions”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 147.78 | 68.27 | 2.18 |
Key Ratios Snapshot
Some of the financial key ratios for Lantronix are shown below. LANTRONIX_Strengthens_Industrial_IoT_Market_Presence_with_Innovative_Products_and_Key_Acquisitions”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 39.5% | – | -4.3% |
| FCF Margin | ROE | ROA |
| -13.3% | -4.4% | -2.4% |
Analysis
At GoodWhale, we have conducted an analysis of LANTRONIX‘s finances. Our findings indicate that LANTRONIX is a high risk investment in terms of financial and business aspects. Through our analysis, we have detected 4 risk warnings in the income sheet, balance sheet, cashflow statement and financial journal. If you would like to learn more about our analysis and its results, feel free to register with us and check it out! More…
Peers
Lantronix‘s solutions enable its customers to remotely and securely connect to, manage, and control virtually any electronic device. Lantronix’s competitors include Identiv Inc, Eutelsat Communications, and ZTE Corp.
– Identiv Inc ($NASDAQ:INVE)
Identiv, Inc. is a global provider of physical security and safe identity solutions. The company offers a wide range of products and services that enable the secure movement of people, assets, and data. Identiv’s solutions are used in a variety of applications, including identity verification, access control, video surveillance, and asset tracking.
Identiv’s market cap is $278.32 million as of 2022. The company’s return on equity is -0.4%.
Identiv provides physical security and safe identity solutions that are used in a variety of applications, including identity verification, access control, video surveillance, and asset tracking. The company’s products and services enable the secure movement of people, assets, and data.
– Eutelsat Communications ($OTCPK:ETCMY)
Eutelsat Communications is a leading satellite operator. The company has a market cap of 2.15B as of 2022 and a Return on Equity of 9.77%. Eutelsat Communications provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. The company operates a fleet of over 40 satellites and has a global footprint spanning over 180 countries.
– ZTE Corp ($SZSE:000063)
ZTE Corporation is a Chinese multinational telecommunications equipment and systems company headquartered in Shenzhen, Guangdong, China. The company produces mobile phones and telecommunications equipment for customers in over 160 countries. ZTE operates in three business units: carrier networks, terminals, and telecommunication. Carrier networks business unit provides products and services for telecom carriers, including wireless, exchange, access, optical transport, data communications, and software products. Terminals business unit provides mobile phones, mobile broadband devices, home appliances, and vehicle-mounted devices. Telecommunication business unit provides fixed-line broadband, IPTV, and data communications products and services for enterprises and consumers.
As of 2022, ZTE Corporation has a market capitalization of 94.61 billion US dollars. The company’s return on equity (ROE) is 11.4%. ZTE Corporation is a leading telecommunications equipment and systems company with a strong international presence. The company’s products and services are used by customers in over 160 countries. ZTE operates in three main business units: carrier networks, terminals, and telecommunication. ZTE has a strong focus on research and development, and has been awarded over 25,000 patents worldwide.
Summary
Lantronix is a leading provider of innovative industrial Internet of Things (IoT) solutions. Its strategic acquisitions and specialized products have positioned it well to capitalize on the growth of the industrial IoT market. In terms of investing, Lantronix has a highly profitable business model, with a low debt-to-equity ratio. It has also been able to maintain a steady revenue stream over the past few years, with a robust pipeline of new products planned for the future.
The company’s stock price has been rising steadily over the past two years, suggesting increased investor confidence in the company and its prospects. With its proven track record of success, Lantronix looks to remain a strong player in the industrial IoT market.
