CUB

MKT CAP:$331M

Lionheart Holdings

Market Cap

$331M

Financial Services·Shell Companies·🇰🇾 Cayman Islands·NASDAQ

Financials·Shell Companies·🇰🇾·NASDAQ

Stock Price

$10.82+$0.19 (+1.79%)

Apr 24, 2026

Company Details

Lionheart Holdings focuses purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and ...

CEO

Ophir Sternberg

IPO Date

Aug 9, 2024

Website

www.lheartholdings.com

Key Metrics TTM

Revenue

$0

-100.0% YoY

Net Income

$9M

EPS (Diluted)

$0.32

Free Cash Flow

-$585.5K

Revenue / Share

$0.00

Gross Margin

—

Operating Margin

—

Net Margin

—

FCF Margin

—

P/S

—

P/E

37.0x

Earnings Reports

Q1 2026

May 12, 2026

PENDING

FY 2025

Mar 25, 2026

$0EPS $0.39

Q4 2025

Mar 25, 2026

$0EPS $0.07

Q3 2025

Nov 12, 2025

$0EPS $0.10

Q2 2025

Aug 12, 2025

$0EPS $0.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 19	$337M	$88M	-$5M
Q2 19	$383M	$115M	$11M
Q3 19	$471M	$142M	$62M
Q4 19	$329M	$79M	-$5M
Q1 20	$321M	$80M	-$26M
Q2 20	$350M	$119M	$28M
Q3 20	$475M	$178M	$81M
Q4 20	$319M	$97M	$5M
Q1 21	$343M	$95M	-$26M
Q1 24	$0	$0	-$22.3K
Q2 24	$0	$0	-$111.4K
Q3 24	$0	$0	-$177.3K
Q1 25	$0	$0	-$248.6K
Q2 25	$0	$0	-$230.2K
Q3 25	$0	$0	-$196.0K
Q4 25	$0	$0	-$199.8K

Valuation

Quarter	P/S	P/E
Q1 19	0.2x	28.2x
Q2 19	0.2x	8.9x
Q3 19	0.2x	4.6x
Q4 19	0.2x	6.4x
Q1 20	0.2x	38.4x
Q2 20	0.2x	—
Q3 20	0.2x	—
Q4 20	0.2x	52.6x
Q1 21	0.2x	30.7x
Q1 24	0.2x	26.7x
Q2 24	0.3x	—
Q3 24	0.6x	—
Q1 25	—	41.3x
Q2 25	—	30.0x
Q3 25	—	32.2x
Q4 25	—	27.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 19	-$23M	-$33M
Q2 19	$1M	-$12M
Q3 19	$51M	$37M
Q4 19	-$48M	-$59M
Q1 20	-$26M	-$40M
Q2 20	-$27M	-$37M
Q3 20	$96M	$102M
Q4 20	-$22M	-$29M
Q1 21	-$36M	-$50M
Q1 24	-$21.9K	-$21.9K
Q2 24	-$370.2K	-$370.2K
Q3 24	-$139.5K	-$139.5K
Q1 25	-$193.3K	-$193.3K
Q2 25	-$128.3K	-$128.3K
Q3 25	-$157.9K	-$157.9K
Q4 25	-$105.9K	-$105.9K

Capital Expenditures

Quarter	CapEx
Q1 19	$10M
Q2 19	$13M
Q3 19	$14M
Q4 19	$12M
Q1 20	$13M
Q2 20	$11M
Q3 20	$6M
Q4 20	$7M
Q1 21	$13M
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 19	+21.1%	+22.2%
Q2 19	+29.2%	+30.9%
Q3 19	+24.1%	+16.8%
Q4 19	+7.7%	+9.9%
Q1 20	-4.7%	+1.6%
Q2 20	-8.4%	-13.3%
Q3 20	+0.9%	-3.7%
Q4 20	-3.1%	-6.2%
Q1 21	+6.8%	+6.2%
Q1 24	-100.0%	-100.0%
Q2 24	-100.0%	-100.0%
Q3 24	-100.0%	-99.9%
Q1 25	-100.0%	-99.9%
Q2 25	—	+934.0%
Q3 25	—	+76.1%
Q4 25	—	+12.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 19	$4M	1.1%
Q2 19	$4M	1.2%
Q3 19	$5M	1.0%
Q4 19	$4M	1.4%
Q1 20	$5M	1.7%
Q2 20	$5M	1.5%
Q3 20	$7M	1.6%
Q4 20	$5M	1.5%
Q1 21	$6M	1.9%
Q1 24	$0	—
Q2 24	$0	—
Q3 24	$0	—
Q1 25	$0	—
Q2 25	$0	—
Q3 25	$0	—
Q4 25	$0	—

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 19	$14M	$66M	$12M	—
Q2 19	$12M	$82M	$10M	—
Q3 19	$12M	$59M	$9M	—
Q4 19	$8M	$66M	$10M	—
Q1 20	$11M	$78M	$16M	—
Q2 20	$12M	$62M	$16M	—
Q3 20	$13M	$68M	$16M	—
Q4 20	$12M	$64M	$16M	—
Q1 21	$14M	—	—	$98M
Q1 24	—	—	—	$22.3K
Q2 24	—	—	—	$111.4K
Q3 24	—	$177.3K	—	—
Q1 25	—	$248.6K	—	—
Q3 25	—	—	—	$196.0K
Q4 25	—	—	—	$199.8K

Revenue Segments

Quarter	Global Defense	Mission Solutions	Transportation Systems
Q3 19	$91M	$125M	$255M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 19	$63M	$0	$63M
Q3 19	$66M	$0	$66M
Q4 19	$62M	$0	$62M
Q1 20	$118M	$0	$118M
Q2 20	$110M	$0	$110M
Q3 20	$130M	$0	$130M
Q4 20	$114M	$0	$114M
Q1 21	$135M	$0	$135M
Q1 24	$153.1K	$0	$153.1K
Q2 24	$1M	$0	$1M
Q3 24	$1M	$0	$1M
Q4 24	$891.0K	$0	$891.0K
Q1 25	$697.7K	$0	$697.7K
Q2 25	$569.4K	$0	$569.4K
Q3 25	$336.5K	$0	$336.5K
Q4 25	$230.5K	$246M	$246M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 19	31M	+9.3%	+14.4%
Q2 19	31M	+0.3%	+14.2%
Q3 19	31M	+0.1%	+14.0%
Q4 19	31M	0.0%	+9.8%
Q1 20	31M	+0.1%	+0.5%
Q2 20	31M	+0.0%	+0.2%
Q3 20	31M	0.0%	+0.1%
Q4 20	32M	+0.8%	+0.9%
Q1 21	32M	+0.2%	+1.1%
Q1 24	31M	-3.1%	-2.0%
Q2 24	31M	0.0%	-2.0%
Q3 24	23M	-25.0%	-27.1%
Q1 25	31M	+33.3%	-3.1%
Q2 25	31M	0.0%	0.0%
Q3 25	23M	-25.0%	-25.0%
Q4 25	31M	+33.3%	+33.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 19	—	—
Q2 19	—	—
Q3 19	—	—
Q4 19	—	—
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	—	—
Q1 21	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q1 25	$0	3
Q2 25	$0	3
Q3 25	$0	3
Q4 25	$0	16

Revenue / Employee