LNNTF (Ion Video) Piotroski F-Score: 3 (As of Jun. 27, 2026) — Near Median


LNNTF Ion Video Ltd LNNTF
36 GF Score
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What is Ion Video Piotroski F-Score?

Ion Video LNNTF 36 Piotroski F-Score is 3 as of Jun. 27, 2026, which is at its 10-year median of 3.00. GuruFocus rates LNNTF with a GF Score™ of 36/100. The stock has 9 warning signs investors should review. Among 2,743 Software companies, Ion Video ranks worse than 78.89% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ion Video has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Ion Video's Piotroski F-Score or its related term are showing as below:

LNNTF' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 5
Current: 3

During the past 13 years, the highest Piotroski F-Score of Ion Video was 5. The lowest was 2. And the median was 3.

Ion Video  (OTCPK:LNNTF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Ion Video Piotroski F-Score Related Terms


Ion Video Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ion Video's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ion Video Piotroski F-Score Chart

Ion Video Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.00 4.00 3.00 3.00

Ion Video Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.00 0.00 3.00 0.00

LNNTF vs CRM, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, Ion Video's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ion Video Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Ion Video's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ion Video's Piotroski F-Score falls into.


LNNTF
36GF Score
Ion Video Ltd LNNTF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was $-3.26 Mil.
Cash Flow from Operations was $-1.78 Mil.
Revenue was $0.51 Mil.
Gross Profit was $0.51 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (0.876 + 0.373) / 2 = $0.6245 Mil.
Total Assets at the begining of this year (Jun24) was $0.88 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.37 Mil.
Total Current Liabilities was $1.78 Mil.
Net Income was $-3.18 Mil.

Revenue was $0.54 Mil.
Gross Profit was $0.54 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (1.371 + 0.876) / 2 = $1.1235 Mil.
Total Assets at the begining of last year (Jun23) was $1.37 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.37 Mil.
Total Current Liabilities was $0.98 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ion Video's current Net Income (TTM) was -3.26. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ion Video's current Cash Flow from Operations (TTM) was -1.78. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun24)
=-3.259/0.876
=-3.72031963

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-3.183/1.371
=-2.32166302

Ion Video's return on assets of this year was -3.72031963. Ion Video's return on assets of last year was -2.32166302. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ion Video's current Net Income (TTM) was -3.26. Ion Video's current Cash Flow from Operations (TTM) was -1.78. ==> -1.78 > -3.26 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/0.6245
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/1.1235
=0

Ion Video's gearing of this year was 0. Ion Video's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun25)=Total Current Assets/Total Current Liabilities
=0.373/1.779
=0.20966835

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=0.368/0.981
=0.37512742

Ion Video's current ratio of this year was 0.20966835. Ion Video's current ratio of last year was 0.37512742. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Ion Video's number of shares in issue this year was 59.807. Ion Video's number of shares in issue last year was 41.559. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.511/0.511
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.539/0.539
=1

Ion Video's gross margin of this year was 1. Ion Video's gross margin of last year was 1. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=0.511/0.876
=0.58333333

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0.539/1.371
=0.39314369

Ion Video's asset turnover of this year was 0.58333333. Ion Video's asset turnover of last year was 0.39314369. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+0+0+1
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ion Video has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Ion Video (LNNTF) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ion Video and its competitors. This is near median its historical median of 3.00. Over the past decade, Ion Video's Piotroski F-Score has ranged from 2.00 to 5.00. According to the industry distribution chart, Ion Video ranks #2164 out of 2743 companies in the Software industry, placing it in the top 78.9%.
Is Ion Video's Piotroski F-Score too high?
Ion Video's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. The Software industry median Piotroski F-Score is 5.00. Ion Video's value of 3 is 40% below this industry median. Based on the distribution chart, Ion Video ranks #2164 out of 2743 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Ion Video has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Ion Video's Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Ion Video ranks #2164 out of 2743 companies for Piotroski F-Score. This places Ion Video in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Ion Video's value of 3 is 40% below this benchmark. Historically, Ion Video's own Piotroski F-Score has ranged from 2.00 to 5.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Ion Video has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ion Video's current Piotroski F-Score of 3 is 40% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ion Video and its competitors. For the Software industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Video's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Video stock overvalued right now?
Ion Video (LNNTF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Software industry median of 5.00. Ion Video's overall GF Score™ is 36/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Ion Video (LNNTF), the current Piotroski F-Score is 3 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ion Video Business Description

Other Exchanges IOV:Australia
Address 161 Collins Street, Level 2, Melbourne, VIC, AUS, 3000
Ion Video Ltd is engaged in Development and commercialization of video file technology. It finds, curates, and utilizes the valuable moments across vast libraries of video, enabling viewers to create an infinite amount of personalized video compilations on-the-fly, providing relevant content to each viewer. The company's patented Video Virtualisation Engine (VVE) turns big, bulky video files into lightweight, searchable data that is enriched with Al and ML, making it easy and efficient for users to find and share what matters to them.
36GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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