$LSI Industries (LYTS.US)$Major acquisitions were carried ou...

逍遥投资派 commented on a stock · Apr 29 10:22

$LSI Industries(LYTS.US)$Major acquisitions were carried out in 2021, and revenue continued to grow in the past 3 years. The growth rate fell to 9.2% in 2023. Operating profit continued to grow sharply due to an increase in gross margin, and net profit grew very fast in the past two years, reaching 71.4% in 2023.

In the first three quarters of 2024, revenue contracted by 8.8%, operating profit shrank by 1%, and net profit increased by 11.3%.

Currently, the price-earnings ratio is 16.9. Considering that the rapid growth brought about by acquisitions usually disappears within a few years, revenue has begun to shrink recently, so wait and see.

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逍遥投资派

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