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Lead Innovation Corporation

LEIC
40
Waste Management · Industrials
Price
$0.15
+0.00 (+0.00%)
Market Cap
$17.6M
Winston Score
40
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Aug 31, 2024
How the score breaks down
Quality
Mixed
Growth
Good
Cash Flow
Weak
Stability
Strong
Valuation
Data not available

Share count rising — dilution

+119344.2% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 441K (2019) → 526.4M (2023)

Winston Score History

The full picture

Lead Innovation Corporation (ticker: LEIC) appears to be a smaller industrial or waste management company, but detailed public information about its specific operations, products, and customers is not widely available in reliable sources. Providing accurate details about what it actually does, who it serves, and where it operates would risk stating something incorrect.

Rather than guess, here is what the financials suggest: the company operates in waste management within the industrials sector, carries a gross margin of roughly 36%, but converts very little of that into profit, with an operating margin near 2% and a return on invested capital of just 0.1%. This points to a capital-intensive, low-profitability business with limited pricing power or scale advantages at this time.

**To get an accurate 2-paragraph description, please provide:** - A brief description of what the company does - Its main products or services - Key customers or end markets - Geographic footprint

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+82.9% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+120.0% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

100.0%ownership

Flat

Insider ownership roughly steady over the past year

Cash Runway

~9 years

$4M cash & investments

Quarterly Free Cash Flow

$4M cash & investments at current burn rate

Revenue accelerating

Lead Innovation Corporation grew revenue 83% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
29.2%
Modest — 29.2% gross margin
Profit after running costs
Operating Margin
10.2%
Modest — 10.2% operating margin
Return on the money invested
ROCE
0.6%
Weak — 0.6% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales growth
Sales YoY
+29.4%
Fast-growing sales (+29.4% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Profit that turns into cash
Cash Conversion
-143%
Weak — only -143% of profit becomes cash
Spare cash per sale
FCF Margin
-8.2%
Burning cash (-8.2%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
0.02
Conservative — low debt load (0.02)
Covers its interest
Interest Cover
2.24x
Tight — interest eats into profit (2.2x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

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Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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