Luda Technology Group Ltd
LUD NYSE· Steel Pipe & Tubes
KIRA · Stoqly’s AI analyst, in plain words
- Luda Technology Group Ltd had $33.5M of revenue in fiscal 2025, down 25.3% on the year before.
- Its operating margin was −3.2%, down 4.2 pts: of every 100 in sales, about −3 is left after running the business.
- Luda Technology Group Ltd made $0.6M of net profit in fiscal 2025. From fiscal 2022 to 2025, diluted EPS grew −41.5% a year.
- Free cash flow was −$2.2M in fiscal 2025, −6.5% of revenue.
- Luda Technology Group Ltd owes $8.2M more than it holds in cash.
Market cap
—
P/E
—
Revenue
$33.5M
Net income
$0.6M
Free cash flow
−$2.2M
Operating margin
−3.2%
Luda Technology Group Ltd in 30 seconds · fiscal 2025
Are sales growing?
−25.3%
No. Sales fell 25.3% last year.
Does it make a profit?
1.7%
A little. It keeps 1.7% of every sale as profit.
Does profit turn into cash?
−6.5%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
What Luda Technology Group Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · May 15, 2026
- Legal name
- Luda Technology Group Ltd
- CIK
- 0001984124
Luda Technology Group Ltd · LUD
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $49.9M | $51.4M | $44.9M | $33.5M |
| Revenue growth | — | 3.2% | −12.8% | −25.3% |
| Gross margin | 20.6% | 21.2% | 25.4% | 17.7% |
| Operating margin | 7.7% | 7.5% | 1.0% | −3.2% |
| Net income | $3.1M | $3.0M | −$0.4M | $0.6M |
| Net margin | 6.2% | 5.9% | −0.8% | 1.7% |
| Diluted EPS | $0.15 | $0.15 | −$0.02 | $0.03 |
| Cash | ||||
| Cash from operations | −$1.0M | $3.3M | $5.5M | −$1.7M |
| Capital expenditure | $0.5M | $1.8M | $1.1M | $0.5M |
| Free cash flow | −$1.5M | $1.6M | $4.4M | −$2.2M |
| FCF margin | −2.9% | 3.1% | 9.8% | −6.5% |
| Dividends paid | — | $0.6M | $3.4M | — |
| Share count change | — | 0.0% | 0.0% | 11.2% |
| Debt and strength | ||||
| Cash and short-term investments | $4.1M | $8.1M | $8.1M | $4.5M |
| Debt incl. finance leases | — | $11.2M | $12.3M | $12.7M |
| Shareholders' equity | $14.5M | $16.7M | $12.7M | $22.2M |
| Net debt / EBITDA | — | 0.8x | 7.0x | — |
| Current ratio | — | 1.4x | 1.2x | 1.6x |
| Interest coverage | 11.3x | 9.5x | 0.8x | −2.0x |
| Returns and quality | ||||
| Return on capital | — | 17.0% | 2.1% | −2.3% |
| Return on equity | 21.1% | 19.4% | −2.5% | 3.2% |
| Return on tangible equity | 21.1% | 18.9% | −3.0% | 2.6% |
| Piotroski F-score | — | — | 5 | 4 |
| Altman Z'' | — | 3.7 | 2.5 | 3.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Luda Technology Group Ltd · LUD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001984124). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.