LiNiu Technology Group (NASDAQ:LINU) is one of the more popular stocks investors are adding into their watchlist. Now trading with a market value of 28.93M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.
LiNiu Technology Group (NASDAQ:LINU) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For LINU, the company currently has 132,439 of cash on the books, which is offset by 48.5 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 191.06 million in total assets, balanced by 115.55 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
LiNiu Technology Group (LINU) representing a quarterly net change in cash of 60,000. Perhaps most importantly where cash movements are concerned, the company saw about 429,000 in net operating cash flow.
LiNiu Technology Group (NASDAQ:LINU) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 1,410 in total revenues. That represents a quarterly year/year change in revenues of -1.00 in sequential terms, the LINU saw sales decline by -1.00.
But what about the bottom line? After all, that’s what really matters in the end. LiNiu Technology Group (LINU) is intriguing when broken down to its core data. The cost of selling goods last quarter was 1,464, yielding a gross basic income of -54 . For shareholders, given the total diluted outstanding shares of 67.5 million, this means overall earnings per share of -0.01.
Is LiNiu Technology Group (NASDAQ:LINU) Valuation Attractive
One should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on LiNiu Technology Group.