Head-To-Head Comparison: Spruce Power (NYSE:SPRU) & Location Based Technologies (OTCMKTS:LBAS)

Location Based Technologies (OTCMKTS:LBAS) and Spruce Power (NYSE:SPRU) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, institutional ownership, dividends and risk.

Valuation and Earnings

This table compares Location Based Technologies and Spruce Power”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Location Based Technologies	N/A	N/A	N/A	N/A	N/A
Spruce Power	$82.11 million	0.92	-$70.49 million	($1.38)	-3.01

Location Based Technologies has higher earnings, but lower revenue than Spruce Power.

Analyst Recommendations

This is a breakdown of recent recommendations for Location Based Technologies and Spruce Power, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Location Based Technologies	0	0	0	0	0.00
Spruce Power	1	0	0	0	1.00

Insider & Institutional Ownership

20.8% of Spruce Power shares are owned by institutional investors. 24.1% of Location Based Technologies shares are owned by insiders. Comparatively, 12.7% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Location Based Technologies and Spruce Power’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Location Based Technologies	N/A	N/A	N/A
Spruce Power	-23.23%	-18.82%	-2.86%

Volatility & Risk

Location Based Technologies has a beta of 1.35, indicating that its stock price is 35% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500.

Summary

Location Based Technologies beats Spruce Power on 5 of the 8 factors compared between the two stocks.

About Location Based Technologies

Location Based Technologies, Inc. designs, develops, and sells commercial and consumer wearable global positioning system (GPS) tracking solutions based on worldwide GSM network. It offers consumer products under the PocketFinder brand, including PocketFinder, PocketFinder luggage, PocketFinder Pet, and PocketFinder Vehicle that displays information to users regarding device location, longitude, latitude, altitude, heading or direction, speed, and 60 days of location history; and set alerts that will trigger an email, text, or push notification to notify them when their device exceeds a pre-determined parameter, such as speed, battery life, or entry/exit of a geo-zone. The company's PocketFinder Personal/Pet or luggage devices include small devices that are ideal for tracking or locating any mobile asset, person, pet, or valuable item; and PocketFinder Vehicle tracker is to be hardwired to any powered asset, such as vehicle, watercraft, or mobile generator to locate and track a mobile assets. It also provides commercial products under the LBT brand, including LBT-886 and LBT Vehicle Tracker. The company's LBT-886 comprises location device that enables a user to locate and track any person or mobile asset; and LBT Vehicle Tracker provides tracking features with capabilities, such as temperature, light and humidity monitoring, engine on/off monitoring, and starter interrupt engine capability or lone worker emergency alerts. It markets and sells its commercial products to small/midsize businesses, enterprise businesses, and governmental organizations that need to track vehicles, mobile equipment, portable assets, and workers through online retailers, as well as through its pocketfinder.com Website. The company was founded in 2006 and is based in Irvine, California.

About Spruce Power

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.