Financial Review: Lendway (NASDAQ:LDWY) vs. Local Bounti (NYSE:LOCL)

Valuation & Earnings

This table compares Lendway and Local Bounti”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Lendway	$18.80 million	0.42	$2.41 million	($1.98)	-2.27
Local Bounti	$27.56 million	0.55	-$124.01 million	($18.00)	-0.10

Lendway has higher earnings, but lower revenue than Local Bounti. Lendway is trading at a lower price-to-earnings ratio than Local Bounti, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Lendway has a beta of 1.85, suggesting that its stock price is 85% more volatile than the S&P 500. Comparatively, Local Bounti has a beta of 2.51, suggesting that its stock price is 151% more volatile than the S&P 500.

Insider & Institutional Ownership

6.6% of Lendway shares are held by institutional investors. Comparatively, 28.0% of Local Bounti shares are held by institutional investors. 13.2% of Lendway shares are held by insiders. Comparatively, 38.1% of Local Bounti shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Lendway and Local Bounti’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Lendway	N/A	-21.56%	-4.32%
Local Bounti	-427.08%	-1,095.76%	-35.86%

Summary

Local Bounti beats Lendway on 6 of the 11 factors compared between the two stocks.

About Lendway

Lendway, Inc. operates as a specialty agricultural and finance company focusing on making and managing its agricultural investments in the United States and internationally. It owns and operates FarmlandCredit.com, a non-bank lending business that seeks to purchase existing loans and/or originate and fund new loans domestically. The company was formerly known as Insignia Systems, Inc. and changed its name to Lendway, Inc. in August 2023. The company was incorporated in 1990 and is headquartered in Minneapolis, Minnesota.

About Local Bounti

Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.