nLIGHT Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 5.74
Dividend & YieldN/A$ (N/A)
Beta 2.28
Market capitalization 473.01M
Operating cash flow -24.68M
ESG Scores unknown

Company description

nLIGHT, Inc. designs, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments, Laser Products and Advanced Development. The company also provides fiber amplifiers, and beam combination and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through various independent sales representatives and distributors in Asia, Europe, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.

Sector: Technology - Industry: Semiconductors

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -43k 666k 9.11M 2.55M
Total Cashflows From Investing Activities -11.68M -30.4M -24.54M -21.85M
Net Borrowings -17.36M -55k -115k -428k
Total Cash From Financing Activities 121.3M 2.45M -3.77M 73.74M
Change To Operating Activities -5.01M -2.69M -7.46M -7.33M
Issuance Of Stock 138.66M 3.03M 2.77M 85.1M
Net Income 13.94M -12.88M -20.93M -29.67M
Change In Cash 112.83M -32.23M -14.72M 44.21M
Effect Of Exchange Rate -166k -33k 545k -235k
Total Cash From Operating Activities 3.38M -4.24M 13.04M -7.44M
Depreciation 8.29M 9.56M 13.69M 15.06M
Change To Account Receivables -13.73M -395k -4.01M -9.51M
Other Cashflows From Financing Activities -326k -326k -326k -326k
Change To Netincome 3.54M 12.37M 28.46M 40.96M
Capital Expenditures -10.58M -12.4M -23.42M -19.32M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 21.05M 28.14M 41.16M 54.81M
Income Before Tax 17.54M -6.76M -20.59M -30.04M
Net Income 13.94M -12.88M -20.93M -29.67M
Selling General Administrative 28.84M 34.11M 39.15M 52.71M
Gross Profit 66.96M 52.34M 59.36M 77.31M
Ebit 17.06M -9.91M -20.95M -30.22M
Operating Income 17.06M -9.91M -20.95M -30.22M
Interest Expense -163k -163k -163k -163k
Income Tax Expense 3.6M 6.12M 340k -375k
Total Revenue 191.36M 176.62M 222.79M 270.15M
Cost Of Revenue 124.4M 124.28M 163.43M 192.84M
Total Other Income ExpenseNet 475k 3.14M 356k 173k
Net Income From Continuing Ops 13.94M -12.88M -20.93M -29.67M
Net Income Applicable To Common Shares 9.52M -12.88M -20.93M -29.67M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 32.35M 33.36M 63.73M 71.48M
Total Stockholder Equity 217.78M 216.61M 219.91M 302.13M
Other Current Liabilities 3.65M 2.52M 4.65M 3.92M
Total Assets 250.13M 249.97M 283.64M 373.62M
Common Stock 15k 15k 15k 15k
Other Current Assets 1.37M 389k 2.65M 2.21M
Retained Earnings -104.73M -117.45M -138.39M -168.06M
Treasury Stock -2.16M -2.69M -259k -587k
Cash 149.48M 117.25M 102.28M 146.53M
Total Current Liabilities 23.59M 25.04M 41.36M 45.77M
Other Stockholder Equity -2.16M -2.69M -259k -587k
Property, Plant, and Equipment 21.46M 27.75M 56.78M 73.15M
Total Current Assets 218.62M 198.59M 200.57M 277.2M
Net Tangible Assets 213.71M 196.73M 199.09M 283.01M
Net Receivables 28.02M 30.04M 37.5M 51.23M
Accounts Payable 12.07M 12.7M 21.06M 26.35M


Insider Transactions

Here are the insider transactions of stock shares related to nLIGHT Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NIAS JAMESSale at price 10.54 per share.D2022-11-17Officer975
KEENEY SCOTT HStock Award(Grant) at price 9.43 per share.D2022-11-15Chief Executive Officer324
CORSO JOSEPH JOHNStock Award(Grant) at price 9.43 per share.D2022-11-15Chief Financial Officer324
NIAS JAMESStock Award(Grant) at price 9.43 per share.D2022-11-15Officer386
KEENEY SCOTT HStock Award(Grant) at price 0.00 per share.D2022-08-03Chief Executive Officer51.96k
CORSO JOSEPH JOHNStock Award(Grant) at price 0.00 per share.D2022-08-03Chief Financial Officer14.43k
NIAS JAMESStock Award(Grant) at price 0.00 per share.D2022-08-03Officer3.32k
KEENEY SCOTT HStock Award(Grant) at price 0.00 per share.D2022-07-04Chief Executive Officer116.67k
CORSO JOSEPH JOHNStock Award(Grant) at price 0.00 per share.D2022-07-04Chief Financial Officer42.5k
NIAS JAMESStock Award(Grant) at price 0.00 per share.D2022-07-04Officer8k
LINK RAYMOND AStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
CARLISLE DOUGLAS CStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
MOORE GEOFFREY AStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
CARANO BANDEL LStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
LOCKE GARY FStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
GOSSMAN WILLIAM EStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
NICHOLS CAMILLEStock Award(Grant) at price 13.56 per share.D2022-06-09Director5.9k
KEENEY SCOTT HSale at price 11.69 per share.D2022-05-17Chief Executive Officer1k
KEENEY SCOTT HStock Award(Grant) at price 10.15 per share.D2022-05-13Chief Executive Officer1k
CORSO JOSEPH JOHNStock Award(Grant) at price 10.15 per share.D2022-05-13Chief Financial Officer1k
NIAS JAMESStock Award(Grant) at price 10.15 per share.D2022-05-13Officer975
LINK RAYMOND AConversion of Exercise of derivative security at price 1.10 per share.D2022-05-11Director2.25k
KEENEY SCOTT HConversion of Exercise of derivative security at price 0.75 per share.D2022-03-04Chief Executive Officer266.4k
CORSO JOSEPH JOHNStock Award(Grant) at price 0.00 per share.D2022-03-01Chief Financial Officer10k
NIAS JAMESStock Award(Grant) at price 0.00 per share.D2022-03-01Officer5k
LINK RAYMOND AStock Award(Grant) at price 14.90 per share.D2022-02-23Director6k
LINK RAYMOND AConversion of Exercise of derivative security at price 1.10 per share.D2022-02-22Director5k
BAREKET RANSale at price 19.49 per share.D2022-02-15Chief Financial Officer10k
BAREKET RANConversion of Exercise of derivative security at price 9.70 per share.D2022-02-15Chief Financial Officer10k
BAREKET RANSale at price 23.72 per share.D2022-01-11Chief Financial Officer10k
BAREKET RANConversion of Exercise of derivative security at price 9.70 per share.D2022-01-11Chief Financial Officer10k
CARLISLE DOUGLAS CStock Award(Grant) at price 0.00 per share.D2022-01-03Director1.31k
MOORE GEOFFREY AStock Award(Grant) at price 0.00 per share.D2022-01-03Director1.47k
CARANO BANDEL LStock Award(Grant) at price 0.00 per share.D2022-01-03Director1.23k
LOCKE GARY FStock Award(Grant) at price 0.00 per share.D2022-01-03Director1.27k
GOSSMAN WILLIAM EStock Award(Grant) at price 0.00 per share.D2022-01-03Director1.27k
NICHOLS CAMILLEStock Award(Grant) at price 0.00 per share.D2022-01-03Director1.23k
BAREKET RANSale at price 24.63 per share.D2021-12-14Chief Financial Officer7.28k
BAREKET RANSale at price 26.98 per share.D2021-11-22Chief Financial Officer7.15k
BAREKET RANSale at price 27.42 per share.D2021-11-17Chief Financial Officer336
KEENEY SCOTT HSale at price 27.31 per share.D2021-11-17Chief Executive Officer336
BAREKET RANStock Award(Grant) at price 23.19 per share.D2021-11-15Chief Financial Officer336
KEENEY SCOTT HStock Award(Grant) at price 23.19 per share.D2021-11-15Chief Executive Officer336
KEENEY SCOTT HSale at price 29.58 per share.D2021-11-05Chief Executive Officer122.27k
BAREKET RANSale at price 25.40 per share.D2021-10-12Chief Financial Officer9.98k
BAREKET RANSale at price 24.54 per share.D2021-08-18Chief Financial Officer16.29k
KEENEY SCOTT HConversion of Exercise of derivative security at price 0.75 per share.D2021-08-04Chief Executive Officer100k
BAREKET RANStock Award(Grant) at price 0.00 per share.D2021-07-28Chief Financial Officer46.88k
KEENEY SCOTT HStock Award(Grant) at price 0.00 per share.D2021-07-28Chief Executive Officer105.48k
BAREKET RANStock Award(Grant) at price 0.00 per share.D2021-07-08Chief Financial Officer40k
KEENEY SCOTT HStock Award(Grant) at price 0.00 per share.D2021-07-08Chief Executive Officer106.67k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to nLIGHT Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on nLIGHT Inc

Here is the result of two systematic investment strategies applied to nLIGHT Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on nLIGHT Inc

The following chart shows the equity curve of the two systematic investment strategies applied to nLIGHT Inc:

nLIGHT Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 19.84% on the backtest period.

Performance at glance

Performance

19.84 %

Latent gain

348.39 $

Invested capital

1756.05 $

Annualized return

5.33 %
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Momentum strategy results on nLIGHT Inc

This is the result of two momentum investment strategies applied to nLIGHT Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on nLIGHT Inc

The following chart shows all the entries opened by the momentum investment system on nLIGHT Inc:

nLIGHT Inc momentum entries
  • The first momentum investment strategy would give 33.37% of return on nLIGHT Inc. That represents 1674.32$ of latent gain with 5016.72$ of employed capital.
  • The second momentum investment strategy would give 32.16% of return on nLIGHT Inc. That represents 728.72$ of latent gain with 2266.06$ of employed capital.
Performance at glance (1Q Momentum)

Performance

33.37 %

Latent gain

1674.32 $

Invested capital

5016.72 $

Annualized return

-1.31 %
Performance at glance (2Q Momentum)

Performance

32.16 %

Latent gain

728.72 $

Invested capital

2266.06 $

Annualized return

9.93 %

Momentum equity curve on nLIGHT Inc

The following chart shows the equity curve of the two momentum strategies applied to nLIGHT Inc:

nLIGHT Inc momentum equity

Note: the dividends potentially given by nLIGHT Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on nLIGHT Inc

The following chart shows the employed capital evolution of the two momentum strategies on nLIGHT Inc since the beginning:

nLIGHT Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on nLIGHT Inc

Buy the dip entry openings on nLIGHT Inc

nLIGHT Inc

The performance achieved by the robo-advisor on nLIGHT Inc is -2.25%. That represents -21.71$ of latent gain with 966.01$ of employed capital. The following chart shows nLIGHT Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of nLIGHT Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-2.25 %

Latent gain

-21.71 $

Invested capital

966.01 $

Annualized return

-1.31 %

Equity curve of the strategy applied to nLIGHT Inc

The following chart shows the result of the investment strategy applied to nLIGHT Inc:

nLIGHT Inc

Note: the dividends potentially given by nLIGHT Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on nLIGHT Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on nLIGHT Inc:

nLIGHT Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on nLIGHT Inc

In this section, I will compare the three previous investment strategies applied to nLIGHT Inc.

Equity curve comparison on nLIGHT Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

nLIGHT Inc investment strategy comparison

Employed capital comparison on nLIGHT Inc

nLIGHT Inc investment comparison

Performance comparison on nLIGHT Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 19.84% 348.39$ 1756.05$ 5.33%
Momentum 1 quarter 33.37% 1674.32$ 5016.72$ 9.59%
Momentum 2 quarters 32.16% 728.72$ 2266.06$ 9.93%
Non-directional -2.25% -21.71$ 966.01$ -1.31%
Annualized return comparison

Automatic investment

5.33 %

Momentum 1Q

9.93 %

Momentum 2Q

9.93 %

Non-directional

-1.31 %

Correlated stocks

Here are the most positively and negatively correlated stocks with nLIGHT Inc:

Positive correlations

Most correlated stocks this year

  • nLIGHT Inc

  • Most correlated stocks last 3 months

  • Lexicon Pharmaceuticals Inc
  • Pilgrim`s Pride Corp
  • nLIGHT Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between nLIGHT Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of nLIGHT Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name nLIGHT Inc
    Country United States
    City Camas
    Address 4637 NW 18th Avenue
    Phone 360 566 4460
    Website www.nlight.net
    FullTime employees 1200
    Industry Semiconductors
    Sector Technology
    Exchange XNAS
    Ticker LASR
    Market www.nasdaq.com

    nLIGHT Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown