Luna Innovations (LUNA) Presents At LD Micro Investor Conference - Slideshow
LunaLuna(US:LUNA)2020-01-16 18:44

Financial Performance & Guidance - FY18 actual revenue was $42.9 million[3], and FY19 revenue guidance was $69-$70 million[3] - FY18 actual Adjusted EBITDA was $3.0 million[3], and FY19 Adjusted EBITDA guidance was $8.2-$8.6 million[3] - As of September 30, 2019, total assets were $82.9 million[30], including $21.4 million in cash and cash equivalents[30], and $39.2 million in working capital[30] Business Segments & Technology - Luna operates in two reporting segments: Technology Development and Products & Licensing[3] - Luna's technology includes high-definition distributed sensing and high-precision gauging[10] - Luna's technology is used for structural & material testing, process control, and communications test & measurement[10, 11, 17] Acquisitions & Integration - Luna acquired Micron Optics and General Photonics[29, 40] - Integration of Micron Optics is nearly complete, with positive customer feedback[26] - Integration of General Photonics is proceeding smoothly, with complementary product lines contributing to growth[27] Other Accomplishments - Luna executed a $2 million stock buyback program[28] - Luna converted 1.3 million shares of Series A convertible preferred stock into common stock[28] - Luna put in place a new $10 million revolving credit facility[28]