Ridgetech Inc. (RDGT) Financials

$1.19

$0.04 (-3.59%)
Last update: 04:00 PM EST
Day's range
$1.19
Day's range
$1.23
$200M$200M$150M$150M$100M$100M$50M$50M$0$0-$50M-$50MEarning2018201820192019202020202021202120222022202320232024202410%10%5%5%0%0%-5%-5%-10%-10%-15%-15%Profit Margin
Profit Margin
Revenue
Earnings

RDGT Income statement / Annual

Last year (2024), Ridgetech Inc.'s total revenue was $119.97 M, a decrease of 22.37% from the previous year. In 2024, Ridgetech Inc.'s net income was $10.19 M. See Ridgetech Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 03/31/2025 03/31/2024 03/31/2023 03/31/2022 03/31/2021 03/31/2020 03/31/2019 03/31/2018 03/31/2017 03/31/2016
Operating Revenue $119.97 M $154.54 M $148.81 M $164.39 M $133.13 M $117.33 M $107.55 M $96.11 M $81.50 M $89.07 M
Cost of Revenue $116.13 M $123.43 M $114.53 M $127.87 M $103.89 M $91.80 M $82.44 M $75.99 M $64.87 M $71.55 M
Gross Profit $3.84 M $31.11 M $34.28 M $36.52 M $29.24 M $25.53 M $25.11 M $20.13 M $16.63 M $17.51 M
Gross Profit Ratio 0.03 0.2 0.23 0.22 0.22 0.22 0.23 0.21 0.2 0.2
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $3.34 M $7.26 M $26.03 M $8.19 M $10.90 M $8.11 M $1.72 M $17.82 M $7.68 M $5.18 M
Selling & Marketing Expenses $1.53 M $27.39 M $29.18 M $30.88 M $26.95 M $23.79 M $24.27 M $18.74 M $12.92 M $12.36 M
Selling, General & Administrative Expenses $4.87 M $34.64 M $55.21 M $39.06 M $37.85 M $31.90 M $25.98 M $36.56 M $20.61 M $17.54 M
Other Expenses $0.00 $0.00 $0.00 $148.80 K $228.51 K $628.19 K $0.00 $1.58 M $2.12 M $0.00
Operating Expenses $4.87 M $34.64 M $55.21 M $39.21 M $38.08 M $32.53 M $25.98 M $38.15 M $22.73 M $17.54 M
Cost And Expenses $121.01 M $158.08 M $169.74 M $167.09 M $141.97 M $124.33 M $108.43 M $114.13 M $87.60 M $89.09 M
Interest Income $92.83 K $516.64 K $883.91 K $401.92 K $707.88 K $1.06 M $112.89 K $478.98 K $379.79 K $299.51 K
Interest Expense $0.00 $13.60 K $65.85 K $262.22 K $455.19 K $698.52 K $0.00 $0.00 $1.35 K $155.58 K
Depreciation & Amortization $6.02 M $5.38 M $718.00 K $1.26 M $1.75 M $2.08 M $1.68 M $1.38 M $1.32 M $1.46 M
EBITDA $4.98 M $1.23 M -$19.96 M -$579.93 K -$6.14 M -$3.66 M $493.41 K -$15.05 M -$4.24 M $2.16 M
EBITDA Ratio 0.04 0.01 -0.13 -0 -0.05 -0.03 0 -0.16 -0.05 0.02
Operating Income Ratio -0.01 -0.02 -0.14 -0.02 -0.07 -0.06 -0.01 -0.19 -0.07 -0
Total Other Income/Expenses Net $84.68 K -$636.82 K $181.15 K $595.25 K $493.30 K $562.32 K -$306.88 K $1.04 M $538.36 K $568.66 K
Income Before Tax -$950.66 K -$4.17 M -$20.74 M -$2.10 M -$8.34 M -$6.44 M -$1.18 M -$16.98 M -$5.56 M $543.90 K
Income Before Tax Ratio -0.01 -0.03 -0.14 -0.01 -0.06 -0.05 -0.01 -0.18 -0.07 0.01
Income Tax Expense $503.52 K $62.86 K $394.54 K $1.10 M $31.64 K $16.26 K $134.76 K $76.26 K $84.39 K $96.74 K
Net Income $10.19 M -$4.23 M -$21.14 M -$3.19 M -$8.12 M -$5.81 M -$926.28 K -$17.06 M -$5.64 M $447.16 K
Net Income Ratio 0.08 -0.03 -0.14 -0.02 -0.06 -0.05 -0.01 -0.18 -0.07 0.01
EPS 1.84 -2.93 -41.46 -18.35 -48 -43.18 -7.2 -163.2 -67.2 7.2
EPS Diluted 1.84 -2.93 -41.46 -18.35 -48 -43.18 -7.2 -163.2 -67.2 7.2
Weighted Average Shares Out $5.54 M $1.44 M $509.83 K $173.97 K $169.92 K $136.79 K $120.57 K $105.17 K $84.98 K $67.07 K
Weighted Average Shares Out Diluted $5.54 M $1.44 M $509.83 K $173.97 K $169.92 K $136.79 K $120.57 K $105.17 K $84.98 K $67.28 K
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