NASDAQ : RDGT
Ridgetech, Inc. — Financial statements
Healthcare · Pharmaceutical Retailers · China
Last price 0.8029 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.91M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Ridgetech, Inc. (RDGT) reported revenue of 132.16M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 132.16M | 132.16M | 119.97M | 123.99M | 120.20M | 164.39M |
| Cost of Revenue | 127.41M | 127.41M | 116.13M | 119.12M | 116.60M | 127.87M |
| Gross Profit | 4.75M | 4.75M | 3.84M | 4.88M | 3.60M | 36.52M |
| Selling, General & Admin | 6.62M | 6.62M | 4.87M | 4.28M | 6.40M | 39.06M |
| Operating Expenses | 6.62M | 6.62M | 4.87M | 4.28M | 16.76M | 39.06M |
| Operating Income | -1.87M | -1.87M | -1.04M | 596.08K | -13.16M | -2.55M |
| Interest Expense | -67.07K | -67.07K | -262.22K | |||
| Interest & Investment Income | 684.72K | 684.72K | 92.83K | 197.76K | 31.58K | 401.92K |
| Other Non Operating Income (Expenses) | -101.15K | -101.15K | -8.15K | -13.38K | 92.36K | 455.55K |
| EBT Excluding Unusual Items | -1.35M | -1.35M | -950.66K | 780.47K | -13.04M | -1.95M |
| Gain (Loss) on Sale of Investments | -1.61M | -2.40M | ||||
| Asset Writedown | -148.79K | |||||
| Pretax Income | -1.35M | -1.35M | -950.66K | -827.07K | -15.44M | -2.10M |
| Income Tax Expense | -99.10K | -99.10K | 503.52K | -41.36K | 394.54K | 1.10M |
| Earnings From Continuing Operations | -1.25M | -1.25M | -1.45M | -785.71K | -15.84M | -3.20M |
| Earnings From Discontinued Operations | 11.65M | -3.45M | -5.30M | |||
| Net Income to Company | -1.25M | -1.25M | 10.20M | -4.23M | -21.14M | -3.20M |
| Minority Interest in Earnings | -5.38K | 14.00 | 252.00 | 6.25K | ||
| Net Income | -1.25M | -1.25M | 10.19M | -4.23M | -21.14M | -3.19M |
| Net Income to Common | -1.25M | -1.25M | 10.19M | -4.23M | -21.14M | -3.19M |
| Shares Outstanding (Basic) | 72.67K | 72.67K | 36.95K | |||
| Shares Outstanding (Diluted) | 72.67K | 72.67K | 36.95K | |||
| EPS (Basic) | -17.21 | -17.21 | 275.87 | |||
| EPS (Diluted) | -17.21 | -17.21 | 275.87 | |||
| Free Cash Flow | -1.39M | -1.39M | 632.50K | -4.01M | -3.58M | -5.69M |
| Free Cash Flow Per Share | -19.19 | -19.19 | 17.12 | |||
| Gross Margin | 3.60% | 3.60% | 3.20% | 3.93% | 3.00% | 22.21% |
| Operating Margin | -1.41% | -1.41% | -0.86% | 0.48% | -10.95% | -1.55% |
| Profit Margin | -0.95% | -0.95% | 8.50% | -3.42% | -17.59% | -1.94% |
| Free Cash Flow Margin | -1.05% | -1.05% | 0.53% | -3.24% | -2.98% | -3.46% |
| EBITDA | -1.50M | -1.50M | 101.90K | 1.39M | -12.44M | -1.29M |
| EBITDA Margin | -1.14% | -1.14% | 0.08% | 1.12% | -10.35% | -0.78% |
| D&A For EBITDA | 363.69K | 363.69K | 1.14M | 790.45K | 718.00K | 1.26M |
| EBIT | -1.87M | -1.87M | -1.04M | 596.08K | -13.16M | -2.55M |
| EBIT Margin | -1.41% | -1.41% | -0.86% | 0.48% | -10.95% | -1.55% |
| Advertising Expenses | 799.27K | 799.27K | 376.00 | 239.00 | 355.08K |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 17.91M | 17.91M | 12.78M | 2.30M | 18.81M | 18.46M |
| Cash & Short-Term Investments | 17.91M | 17.91M | 12.78M | 2.30M | 18.81M | 18.46M |
| Accounts Receivable | 32.47M | 32.47M | 27.81M | 6.01M | 14.12M | 16.74M |
| Other Receivables | 5.20M | 5.20M | 2.42M | 218.76K | 2.73M | 5.76M |
| Receivables | 37.66M | 37.66M | 30.23M | 6.23M | 16.84M | 22.50M |
| Inventory | 8.36M | 8.36M | 10.19M | 9.26M | 15.45M | 16.59M |
| Prepaid Expenses | 616.01K | 924.80K | ||||
| Restricted Cash | 8.52K | 8.52K | 5.76M | 1.99M | 12.76M | 16.88M |
| Other Current Assets | 622.25K | 622.25K | 745.48K | 49.90M | ||
| Total Current Assets | 64.56M | 64.56M | 59.71M | 69.68M | 64.48M | 75.36M |
| Property, Plant & Equipment | 5.72K | 5.72K | 8.93K | 8.38K | 19.03M | 19.66M |
| Long-Term Investments | 1.77M | 4.51M | ||||
| Goodwill | 1.46M | 1.46M | 1.46M | |||
| Other Intangible Assets | 3.00M | 3.00M | 3.30M | 1.28M | 3.89M | 4.32M |
| Other Long-Term Assets | 24.09M | 1.80M | 2.54M | |||
| Total Assets | 69.03M | 69.03M | 64.48M | 95.06M | 90.97M | 106.38M |
| Accounts Payable | 22.76M | 22.76M | 19.67M | 30.58M | 26.99M | 27.33M |
| Accrued Expenses | 206.50K | 206.50K | 196.21K | 197.20K | 1.44M | 2.12M |
| Short-Term Debt | 22.67K | 22.67K | 10.39M | 6.60M | 29.26M | 34.19M |
| Current Portion of Long-Term Debt | 1.96M | |||||
| Current Portion of Leases | 5.13M | 3.33M | ||||
| Current Income Taxes Payable | 1.79M | 1.79M | 1.52M | 543.08K | 1.71M | 1.38M |
| Other Current Liabilities | 3.12M | 3.12M | 2.58M | 36.45M | 2.01M | 4.14M |
| Total Current Liabilities | 27.89M | 27.89M | 34.36M | 74.36M | 66.54M | 74.45M |
| Long-Term Leases | 6.40M | 7.77M | 9.20M | |||
| Long-Term Deferred Tax Liabilities | 356.35K | 356.35K | 492.12K | |||
| Total Liabilities | 28.25M | 28.25M | 34.85M | 80.76M | 74.30M | 83.65M |
| Common Stock | 133.09K | 133.09K | 5.86K | 418.41K | 284.37K | 41.75K |
| Additional Paid-In Capital | 103.90M | 103.90M | 93.14M | 86.41M | 83.96M | 66.52M |
| Retained Earnings | -64.56M | -64.56M | -63.31M | -72.20M | -67.96M | -46.83M |
| Comprehensive Income & Other | 1.31M | 1.31M | -199.20K | 1.01M | 1.74M | 4.35M |
| Total Common Equity | 40.78M | 40.78M | 29.64M | 15.64M | 18.01M | 24.09M |
| Minority Interest | -1.35M | -1.35M | -1.35M | |||
| Shareholders' Equity | 40.78M | 40.78M | 29.64M | 14.29M | 16.67M | 22.74M |
| Total Liabilities & Equity | 69.03M | 69.03M | 64.48M | 95.06M | 90.97M | 106.38M |
| Total Debt | 22.67K | 22.67K | 10.39M | 13.00M | 42.16M | 48.67M |
| Net Cash (Debt) | 17.88M | 17.88M | 2.39M | -10.70M | -23.35M | -30.22M |
| Net Cash Per Share | 246.09 | 246.09 | 64.70 | |||
| Filing Date Shares Outstanding | 3.63M | 3.63M | 39.03K | 11.62K | ||
| Total Common Shares Outstanding | 887.27K | 887.27K | 39.03K | 11.62K | ||
| Working Capital | 36.66M | 36.66M | 25.35M | -4.68M | -2.05M | 908.85K |
| Book Value Per Share | 45.96 | 45.96 | 759.25 | 1,345.72 | ||
| Tangible Book Value | 36.31M | 36.31M | 24.87M | 14.36M | 14.13M | 19.77M |
| Tangible Book Value Per Share | 40.92 | 40.92 | 637.13 | 1,235.87 | ||
| Buildings | 6.07M | 6.58M | ||||
| Machinery | 51.31K | 51.31K | 91.59K | 72.18K | 6.17M | 6.68M |
| Leasehold Improvements | 3.13M | 10.14M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -1.25M | -1.25M | 10.19M | -4.23M | -21.14M | -3.19M |
| Depreciation & Amortization | 363.69K | 363.69K | 6.02M | 5.38M | 718.00K | 1.26M |
| Loss (Gain) From Sale of Assets | -15.76M | 107.25K | ||||
| Asset Writedown & Restructuring Costs | 148.79K | |||||
| Loss (Gain) From Sale of Investments | 1.61M | 2.40M | ||||
| Stock-Based Compensation | 10.36M | |||||
| Provision & Write-off of Bad Debts | -428.42K | -428.42K | 85.64K | -249.26K | 7.58M | 939.72K |
| Other Operating Activities | -79.69K | -79.69K | -24.44K | -14.00 | -252.00 | -6.25K |
| Change in Accounts Receivable | -3.46M | -3.46M | 10.04M | -1.80M | -2.53M | -2.66M |
| Change in Inventory | 2.40M | 2.40M | 64.12K | -2.54M | -320.57K | 1.35M |
| Change in Accounts Payable | 2.01M | 2.01M | -21.13M | 6.00M | 1.77M | -3.56M |
| Change in Income Taxes | 184.77K | 184.77K | 1.31M | -948.28K | 433.05K | 1.16M |
| Change in Other Net Operating Assets | -1.13M | -1.13M | 10.44M | -6.48M | -2.55M | -830.68K |
| Operating Cash Flow | -1.39M | -1.39M | 1.25M | -3.16M | -3.28M | -5.39M |
| Capital Expenditures | -449.00 | -449.00 | -615.27K | -856.66K | -298.94K | -299.13K |
| Cash Acquisitions | 4.83M | |||||
| Divestitures | -22.35M | |||||
| Sale (Purchase) of Intangibles | -66.97K | -12.77K | -7.01K | |||
| Investment in Securities | -1.12M | -4.38K | ||||
| Investing Cash Flow | -449.00 | -449.00 | -18.14M | -2.04M | -316.10K | -306.14K |
| Short-Term Debt Issued | 14.35M | 14.35M | 51.69M | 57.99M | 57.97M | 65.37M |
| Total Debt Issued | 14.35M | 14.35M | 51.69M | 57.99M | 57.97M | 65.37M |
| Short-Term Debt Repaid | -24.94M | -24.94M | -56.64M | -53.83M | -60.27M | -58.61M |
| Long-Term Debt Repaid | -1.81M | -2.61M | ||||
| Total Debt Repaid | -24.94M | -24.94M | -56.64M | -53.83M | -62.09M | -61.22M |
| Net Debt Issued (Repaid) | -10.59M | -10.59M | -4.95M | 4.16M | -4.12M | 4.15M |
| Issuance of Common Stock | 10.88M | 10.88M | 7.63M | 2.59M | 7.33M | |
| Other Financing Activities | -321.98K | -321.98K | -1.17M | 1.26M | -838.70K | 689.01K |
| Financing Cash Flow | -29.71K | -29.71K | 1.51M | 8.00M | 2.37M | 4.84M |
| Foreign Exchange Rate Adjustments | 796.81K | 796.81K | 1.05M | -1.51M | -2.54M | 1.52M |
| Net Cash Flow | -627.29K | -627.29K | -14.33M | 1.30M | -3.77M | 666.93K |
| Free Cash Flow | -1.39M | -1.39M | 632.50K | -4.01M | -3.58M | -5.69M |
| Free Cash Flow Margin | -1.05% | -1.05% | 0.53% | -3.24% | -2.98% | -3.46% |
| Free Cash Flow Per Share | -19.19 | -19.19 | 17.12 | |||
| Levered Free Cash Flow | 3.34M | 3.34M | -18.59M | 18.74M | 10.94M | -7.76M |
| Unlevered Free Cash Flow | 3.38M | 3.38M | -18.59M | 18.74M | 10.94M | -7.60M |
| Cash Interest Paid | 67.07K | 67.07K | 6.29K | 13.60K | 64.94K | 262.22K |
| Cash Income Tax Paid | 55.35K | 55.35K | 137.46K | 149.02K | 63.67K | 3.96K |
| Change in Working Capital | 903.00 | 903.00 | 733.60K | -5.77M | -3.21M | -4.53M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.94M | 596.11K | 6.49M | 5.30M | 91.23M | 13.23M |
| Enterprise Value | -14.94M | -8.68M | 29.31M | 22.32M | 117.32M | 39.34M |
| Last Close Price | 0.80 | 4.89 | 157.50 | 472.50 | 13,439.93 | 11,419.15 |
| PE Ratio | 0.64 | |||||
| PS Ratio | 0.02 | 0.01 | 0.05 | 0.04 | 0.76 | 0.08 |
| PB Ratio | 0.02 | 0.01 | 0.22 | 0.37 | 5.47 | 0.58 |
| P/TBV Ratio | 0.09 | 0.02 | 0.26 | 0.37 | 6.46 | 0.67 |
| P/FCF Ratio | 10.26 | |||||
| P/OCF Ratio | 5.20 | |||||
| EV/Sales Ratio | 0.24 | 0.18 | 0.98 | 0.24 | ||
| EV/EBITDA Ratio | 287.59 | 16.09 | ||||
| EV/EBIT Ratio | 37.44 | |||||
| EV/FCF Ratio | 46.33 | |||||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.35 | 0.91 | 2.53 | 2.14 |
| Debt / EBITDA Ratio | 2.09 | 1.46 | ||||
| Debt / FCF Ratio | 16.43 | |||||
| Net Debt / Equity Ratio | -0.44 | -0.44 | -0.08 | 0.75 | 1.40 | 1.33 |
| Net Debt / EBITDA Ratio | 11.90 | 11.90 | -23.46 | 7.72 | -1.88 | -23.45 |
| Net Debt / FCF Ratio | 12.82 | 12.82 | -3.78 | -2.67 | -6.52 | -5.32 |
| Asset Turnover | 1.98 | 1.98 | 1.50 | 1.33 | 1.22 | 1.55 |
| Inventory Turnover | 13.74 | 13.74 | 11.94 | 9.64 | 7.28 | 7.53 |
| Quick Ratio | 1.99 | 1.99 | 1.25 | 0.12 | 0.54 | 0.55 |
| Current Ratio | 2.31 | 2.31 | 1.74 | 0.94 | 0.97 | 1.01 |
| Return on Equity (ROE) | -3.55% | -3.55% | -6.62% | -5.08% | -80.37% | -13.57% |
| Return on Assets (ROA) | -1.75% | -1.75% | -0.81% | 0.40% | -8.34% | -1.50% |
| Return on Invested Capital (ROIC) | -8.15% | -7.44% | -3.96% | 1.83% | -28.32% | -4.99% |
| Return on Capital Employed (ROCE) | -4.50% | -4.50% | -3.40% | 2.90% | -53.90% | -8.00% |
| Earnings Yield | -2,124.69% | -209.76% | 157.15% | -79.88% | -23.17% | -24.12% |
| FCF Yield | -44.42% | -233.92% | 9.75% | -75.69% | -3.93% | -42.96% |
| Buyback Yield / Dilution | -96.64% | -96.64% |