Loading…
Employees: 34
Size Lightwave Logic (LWLG) is a United States Materials company (Chemicals: Specialty) with a market value of $673M, the 2513th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.37 on 6 Nov 2026.
Performance Over six months the shares fell 73.4%, against -29.1% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue grew 165.2% over the last twelve months (peer median +20.4%); the operating margin is -9,688.2% (peer median 3.4%).
Valuation It trades at 6.46× book value against a peer median of 2.07× (3rd most expensive of 21).
Price implies The share price implies a return on equity of about 93.6%; Lightwave Logic delivers -34.4%, so the price asks more than the business earns today.
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $250,251 | $236,855 | $95,605 | $40,502 | $0 |
| Revenue growth | — | +148% | +136% | — | — |
| Gross profit | -$1.91M | -$1.88M | -$1.79M | -$1.27M | -$1.05M |
| EBITDA | -$22.1M | -$18.7M | -$21.2M | -$19.9M | -$16.1M |
| Net income | -$22.9M | -$20.3M | -$22.5M | -$21.0M | -$17.2M |
| Free cash flow | -$18.3M | -$15.1M | -$17.8M | -$15.5M | -$11.8M |
| Capital expenditure | $2.58M | $1.82M | $2.70M | $3.60M | $1.57M |
| Total debt | $2.50M | $2.60M | $2.77M | $2.91M | $358,254 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LWLG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.6% | -13.3% | 10th lowest of 21 |
| 6-month return | -73.4% | -29.1% | lowest of 20 |
| Return on equity | -34.4% | 3.3% | 2nd lowest of 21 |
| Price / book | 6.46× | 2.07× | 3rd most expensive of 21 |
| ROE the price implies | 93.6% | 17.3% | 2nd most demanding of 21 |
| ROE delivered | -34.4% | 4.6% | 2nd lowest of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Lightwave Logic LWLG | United States | $673M | -73% | +165% | -34% | 6.46× | 93.6% | -34.4% |
| Anhui Estone Materials Technology 688733.SS | China | $676M | -25% | +44% | 0% | 2.13× | 27.5% | 0.3% |
| Societe Explosifs et Produits Chimiques EXPL.PA | France | $684M | +4% | +13% | 16% | 3.12× | 17.2% | 15.7% |
| Waga Energy WAGA.PA | France | $659M | -3% | +7% | -25% | 4.87× | 19.6% | n/a |
| Jiangsu Baichuan High-Tech New Materials 002455.SZ | China | $656M | -42% | +9% | -2% | 1.57× | 14.6% | -2.1% |
| Beijing Shougang LanzaTech Technology 2553.HK | Hong Kong | $653M | n/a | 0% | -29% | 4.51× | 13.4% | n/a |
| Jiangsu Lopal Tech 2465.HK | Hong Kong | $694M | -67% | +107% | 11% | 0.93× | 11.8% | 11.2% |
| Ningbo Runhe High-Tech Materials 300727.SZ | China | $695M | -32% | +18% | 5% | 2.98× | 34.9% | 4.9% |
| Foosung 093370.KS | South Korea | $648M | -38% | +27% | 11% | 2.41× | 22.0% | 11.0% |
| Hongbaoli 002165.SZ | China | $645M | -32% | +10% | -34% | 2.99× | 23.8% | -33.5% |
| Gujarat Narmada Valley Fertilizers & Chemicals GNFC.NS | India | $703M | -10% | +22% | 12% | 0.71× | 14.0% | 11.7% |
| Hubei Hongyuan Pharmaceutical Technology 301246.SZ | China | $639M | -47% | +45% | 7% | 1.36× | 13.2% | 6.8% |
| Liaoning Xinde New Material Technology 301349.SZ | China | $711M | -20% | +63% | 4% | 1.68× | 20.1% | 4.3% |
| Yueyang Xingchang Petro-Chemical 000819.SZ | China | $636M | -29% | +44% | 0% | 2.01× | 17.4% | 0.0% |
| Orinko Advanced Plastics 688219.SS | China | $714M | -23% | +13% | 5% | 1.58× | 13.8% | 5.2% |
| LOTTE Fine Chem 004000.KS | South Korea | $634M | -51% | +18% | 4% | 0.35× | 4.1% | n/a |
| Miracll Chemicals 300848.SZ | China | $632M | -45% | +23% | 2% | 2.77× | 23.4% | 2.4% |
| Xilong Scientific 002584.SZ | China | $632M | -11% | +23% | 2% | 1.90× | 15.5% | 1.8% |
| Zhejiang Jiaao Enprotech Stock 603822.SS | China | $718M | -19% | +101% | 61% | 7.14× | 74.6% | 60.5% |
| DL 000210.KS | South Korea | $718M | -37% | +5% | -2% | 0.25× | 3.7% | n/a |
| Hangzhou Gaoxin Materials Technology 300478.SZ | China | $631M | +11% | -21% | -76% | 99.54× | 757.2% | -75.9% |