Lakeside (LSH)
Market Price (3/15/2026): $0.81 | Market Cap: $15.9 MilSector: Industrials | Industry: Air Freight & Logistics
Lakeside (LSH)
Market Price (3/15/2026): $0.81Market Cap: $15.9 MilSector: IndustrialsIndustry: Air Freight & Logistics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 37% | Weak multi-year price returns2Y Excs Rtn is -112%, 3Y Excs Rtn is -150% | Penny stockMkt Price is 0.8 |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% | |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -23% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -35% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 37% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29% |
| Weak multi-year price returns2Y Excs Rtn is -112%, 3Y Excs Rtn is -150% |
| Penny stockMkt Price is 0.8 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -4.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -19% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -23% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -35% |
Qualitative Assessment
AI Analysis | Feedback
1. Continued financial losses and "going concern" warning. Lakeside (LSH) remained unprofitable, reporting a net loss of -$4.90 million for the trailing twelve months ending December 31, 2025. This ongoing unprofitability was further highlighted by a "going concern risk" warning issued in its February 19, 2026, 10-Q filing. The stock also fell following its Q2 2026 earnings report around the same time.
2. Significant potential for future share dilution. On February 18, 2026, shareholders approved amendments to the company's charter to increase authorized common stock to 2,000,000,000 shares and authorize 1,000,000,000 shares of blank check preferred stock. This substantial increase in potential share issuance capacity signals significant future dilution risk to investors, following a period where total shares outstanding had already grown by 359% in the past year.
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Stock Movement Drivers
Fundamental Drivers
The -6.9% change in LSH stock from 11/30/2025 to 3/14/2026 was primarily driven by a -24.7% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 11302025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.87 | 0.81 | -6.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 20 | 23 | 17.3% |
| P/S Multiple | 0.6 | 0.7 | 5.4% |
| Shares Outstanding (Mil) | 15 | 20 | -24.7% |
| Cumulative Contribution | -6.9% |
Market Drivers
11/30/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| LSH | -6.9% | |
| Market (SPY) | -3.1% | 14.6% |
| Sector (XLI) | 7.1% | 1.2% |
Fundamental Drivers
The -29.1% change in LSH stock from 8/31/2025 to 3/14/2026 was primarily driven by a -61.7% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.14 | 0.81 | -29.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16 | 23 | 42.8% |
| P/S Multiple | 0.5 | 0.7 | 29.7% |
| Shares Outstanding (Mil) | 8 | 20 | -61.7% |
| Cumulative Contribution | -29.1% |
Market Drivers
8/31/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| LSH | -29.1% | |
| Market (SPY) | 3.0% | 10.4% |
| Sector (XLI) | 8.8% | 2.8% |
Fundamental Drivers
The -54.7% change in LSH stock from 2/28/2025 to 3/14/2026 was primarily driven by a -61.7% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.78 | 0.81 | -54.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 17 | 23 | 37.2% |
| P/S Multiple | 0.8 | 0.7 | -13.8% |
| Shares Outstanding (Mil) | 8 | 20 | -61.7% |
| Cumulative Contribution | -54.7% |
Market Drivers
2/28/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| LSH | -54.7% | |
| Market (SPY) | 12.4% | 8.7% |
| Sector (XLI) | 22.0% | 6.8% |
Fundamental Drivers
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Market Drivers
2/28/2023 to 3/14/2026| Return | Correlation | |
|---|---|---|
| LSH | ||
| Market (SPY) | 73.4% | 8.3% |
| Sector (XLI) | 70.2% | 5.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LSH Return | - | - | - | -38% | -64% | -15% | -81% |
| Peers Return | 34% | -17% | 43% | 9% | 22% | 8% | 130% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| LSH Win Rate | - | - | - | 43% | 25% | 67% | |
| Peers Win Rate | 60% | 43% | 62% | 50% | 67% | 47% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| LSH Max Drawdown | - | - | - | -45% | -73% | -40% | |
| Peers Max Drawdown | -6% | -30% | -8% | -16% | -22% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EXPD, CHRW, XPO, JBHT, HUBG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
LSH has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -22.6% | -25.4% |
| % Gain to Breakeven | 29.2% | 34.1% |
| Time to Breakeven | 273 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.8% | -33.9% |
| % Gain to Breakeven | 74.8% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.6% | -19.8% |
| % Gain to Breakeven | 32.6% | 24.7% |
| Time to Breakeven | 312 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -63.3% | -56.8% |
| % Gain to Breakeven | 172.8% | 131.3% |
| Time to Breakeven | 1,463 days | 1,480 days |
Compare to EXPD, CHRW, XPO, JBHT, HUBG
In The Past
SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.
Preserve Wealth
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Asset Allocation
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About Lakeside (LSH)
AI Analysis | Feedback
1. The **Amazon FBA** for companies importing goods from Asia to the U.S.
2. A specialized **UPS Supply Chain Solutions** for the Asia-U.S. trade route.
AI Analysis | Feedback
- Cross-border Freight Consolidation and Forwarding Services: Manages the consolidation and forwarding of goods across international borders, specifically between Asia and North America.
- Customs Clearance Services: Assists customers with the necessary customs procedures for importing shipments into the U.S.
- Warehousing and Distribution Services: Provides storage, fulfillment, transloading, and distribution of goods through its regional centers and partner networks across the U.S.
- U.S. Domestic Ground Transportation Services: Offers ground transportation for goods within the U.S. to various business and residential addresses.
AI Analysis | Feedback
Lakeside (LSH) primarily sells its services to other companies. Its major customers are:
- Asia- and U.S.-based logistics service companies.
The provided background information does not list the specific names or stock symbols of these customer companies.
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nullLatest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Can Lakeside Stock Hold Up When Markets Turn? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 155.97 |
| Mkt Cap | 19.1 |
| Rev LTM | 9,613 |
| Op Inc LTM | 762 |
| FCF LTM | 586 |
| FCF 3Y Avg | 340 |
| CFO LTM | 950 |
| CFO 3Y Avg | 772 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 0.2% |
| Rev Chg 3Y Avg | -9.0% |
| Rev Chg Q | -2.5% |
| QoQ Delta Rev Chg LTM | -0.6% |
| Op Mgn LTM | 6.1% |
| Op Mgn 3Y Avg | 5.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 7.4% |
| CFO/Rev 3Y Avg | 8.1% |
| FCF/Rev LTM | 4.6% |
| FCF/Rev 3Y Avg | 3.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 19.1 |
| P/S | 1.4 |
| P/EBIT | 20.0 |
| P/E | 27.7 |
| P/CFO | 15.9 |
| Total Yield | 4.2% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 4.7% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -1.5% |
| 3M Rtn | 4.6% |
| 6M Rtn | 22.5% |
| 12M Rtn | 30.6% |
| 3Y Rtn | 31.0% |
| 1M Excs Rtn | -10.1% |
| 3M Excs Rtn | 5.9% |
| 6M Excs Rtn | 20.4% |
| 12M Excs Rtn | 6.1% |
| 3Y Excs Rtn | -46.9% |
Price Behavior
| Market Price | $0.81 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 06/28/2024 | |
| Distance from 52W High | -44.6% | |
| 50 Days | 200 Days | |
| DMA Price | $0.78 | $1.18 |
| DMA Trend | down | down |
| Distance from DMA | 3.1% | -31.4% |
| 3M | 1YR | |
| Volatility | 143.6% | 100.1% |
| Downside Capture | 13.47 | 9.48 |
| Upside Capture | 126.61 | -21.64 |
| Correlation (SPY) | 16.6% | 5.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.38 | 1.93 | 2.20 | 1.09 | 0.48 | -0.41 |
| Up Beta | -5.30 | 2.98 | 3.57 | 0.15 | 0.51 | 1.59 |
| Down Beta | 7.66 | 3.26 | 2.88 | 1.69 | 0.59 | -0.60 |
| Up Capture | -345% | -68% | 20% | -5% | -14% | -0% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 20 | 27 | 52 | 105 | 180 |
| Down Capture | 284% | 174% | 188% | 153% | 93% | 94% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 19 | 31 | 66 | 128 | 218 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LSH | |
|---|---|---|---|---|
| LSH | -26.2% | 100.1% | 0.12 | - |
| Sector ETF (XLI) | 28.0% | 19.2% | 1.16 | 3.2% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 6.0% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | 11.3% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 15.7% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 2.1% |
| Bitcoin (BTCUSD) | -15.3% | 44.2% | -0.25 | 10.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LSH | |
|---|---|---|---|---|
| LSH | -27.6% | 125.0% | -0.22 | - |
| Sector ETF (XLI) | 13.4% | 17.1% | 0.62 | 5.9% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 8.4% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 9.4% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 7.3% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 3.7% |
| Bitcoin (BTCUSD) | 6.3% | 56.7% | 0.33 | 6.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LSH | |
|---|---|---|---|---|
| LSH | -14.9% | 125.0% | -0.22 | - |
| Sector ETF (XLI) | 13.8% | 19.8% | 0.61 | 5.9% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 8.4% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 9.4% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 7.3% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 3.7% |
| Bitcoin (BTCUSD) | 67.4% | 66.8% | 1.07 | 6.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/15/2025 | -1.5% | 10.2% | 5.6% |
| 2/14/2025 | -5.7% | -5.7% | -43.0% |
| 10/1/2024 | -5.8% | -12.8% | -25.0% |
| SUMMARY STATS | |||
| # Positive | 0 | 1 | 1 |
| # Negative | 3 | 2 | 2 |
| Median Positive | 10.2% | 5.6% | |
| Median Negative | -5.7% | -9.2% | -34.0% |
| Max Positive | 10.2% | 5.6% | |
| Max Negative | -5.8% | -12.8% | -43.0% |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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