LS

Lite Strategy, Inc.

LITS·NASDAQ

$1.43

-3.5%
HealthcareBiotechnology

Lite Strategy, Inc. a clinical-stage pharmaceutical company, focuses on the development of novel and differentiated therapies for the treatment of cancer. The company was formerly known as MEI Pharma, Inc. and changed its name to Lite Strategy, Inc. in September 2025. Lite Strategy, Inc. was incorporated in 2000 and is based in San Diego, California.

At a Glance

Live Snapshot
Market Cap$52.60M
EPS-2.3900
P/E Ratio-1.89
Earnings Date02/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.9).

Valuation inputs: P/E -1.9, earnings yield N/A, momentum -3.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -94.2%, ROIC -1.0%).

Profitability stack: net margin 0.0%, ROE -94.2%, ROIC -1.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +7.4%, momentum -3.5%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Lite Strategy, Inc. Market vs Earnings Trajectory

LITS · NASDAQ

Loading price and EPS data...

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Lite Strategy, Inc. Fair Value Envelope

LITS · NASDAQ

Our analysis suggests that LITS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.43, this represents a potential HIDDEN relative to our calculated worth for Lite Strategy, Inc..

Intrinsic Value
Current Price: $1.43
3Y-73.0%
5Y-67.0%
10Y-67.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y-71.0%
5Y-61.0%
10Y-61.0%
3Y-57.0%
5Y-35.0%
10Y-35.0%
3Y-58.0%
5Y-36.0%
10Y-36.0%
3Y-90.0%
5Y-89.0%
10Y-89.0%
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Lite Strategy, Inc. Profit Bridge

LITS · NASDAQ
Revenue0.00
Cost of Goods Sold (368.00K)
Gross Profit-368.00K
Operating Expenses (17.09M)
Operating Income-17.45M
Interest Expense (0.00)
Other Income/Expense1.51M
Pretax Income-15.95M
Income Tax (0.00)
Net Income-15.95M
Net Income
-15.95M

Profitability Analysis

0.00%
Gross Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Operating Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Net Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
-94.18%
Return on Equity
-275%
3Y-9.0%
5Y+13.0%
10Y+13.0%
-87.20%
Return on Assets
-303%
3Y+185.0%
5Y+267.0%
10Y+267.0%
-103.09%
Return on Invested Capital
-334%
3Y+111.0%
5Y+164.0%
10Y+164.0%
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Lite Strategy, Inc. Cash Conversion Engine

LITS · NASDAQ
Net Income-15.95M
Depreciation & Amortization368.00K
Stock-Based Compensation-144.00K
Change in Working Capital-4.85M
Others-272.00K
Capital Expenditures0.00
Free Cash Flow-20.84M

Cash Flow Quality Analysis

FCF Conversion Rate

130.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

FCF Growth Trend

+58.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$4.85M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Lite Strategy, Inc. Funding & Solvency Profile

LITS · NASDAQ
Cash & Cash Equivalents10.11M
Net Receivables0.00
Inventory0.00
Other Current Assets32.00K
Total Current Assets13 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments99.37M
Other Non-Current Assets732.00K
Total Non-Current Assets100 M
Total Assets
113.34M

Financial Health Analysis

Current Ratio

12.39x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.01x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

12 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

12% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Lite Strategy, Inc. Street Expectations Map

LITS · NASDAQ

No Target Data

No analyst price targets available for lits.

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Lite Strategy, Inc. Insider Positioning

LITS · NASDAQ

During the last 12 months, insiders have purchased $172K and sold $946K worth of LITS shares, resulting in $775K of net selling activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

70.0K

97.70K

Sold

690.6K

946.14K

Net Activity

-848K

-$848K

6-9 Months

Bought

32.1K

73.81K

Sold

0

0.00

Net Activity

+74K

+$74K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
FJP

Flynn James P

Director

92.1K shares3 transactions

$146K

2
LCB

Lee Charles Benjamin

Director

10.0K shares1 transactions

$26K

Top Sellers

1
SA

Schornstein Alexander

10 Percent Owner

690.6K shares1 transactions

$946K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $775K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.18:1

Weak buy/sell ratio. Selling significantly exceeds buying—monitor for potential fundamental concerns.

Insider Participation

Moderate Buying

2 insider buyers vs. 1 sellers. More insiders buying than selling indicates positive sentiment.

0.00%
Dividend Yield
3Y-100.0%
5Y-100.0%
10Y-100.0%
 

lits Dividend History

LITS
10Y CAGR +0%
Latest $1.75
Annual $1.75
Stable dividend payments
Last Period: +0%