Trident Digital Tech Holdings Ltd
TDTH Nasdaq Services-Business Services, Nec Financials FY2022โFY2025
What Trident Digital Tech Holdings Ltd does
No business description yet.
- Legal name
- Trident Digital Tech Holdings Ltd
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Apr 28, 2026
- Accession ยท CIK
- 0001213900-26-048646
0001983550
Revenue and margins
Trident Digital Tech Holdings Ltd had $0.2M of revenue in fiscal 2025, down 65.4% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ$9.8M in fiscal 2025, โ6,096.1% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Trident Digital Tech Holdings Ltd returned โ to shareholders in fiscal 2025. The diluted share count rose 41.5%.
Balance sheet
Cash, debt and the ratios that show how comfortably Trident Digital Tech Holdings Ltd can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash and short-term investments | $0.9M | $1.8M | $0.2M | $0.2M |
| Debt incl. finance leases | โ | $0.2M | $0.2M | $1.0M |
| Debt / equity | โ | 0.1x | โ | โ |
| Current ratio | โ | 2.0x | 1.2x | 0.1x |
| Quick ratio | โ | 2.0x | 1.2x | 0.1x |
| Total assets | โ | $5.8M | $3.0M | $5.3M |
| Total liabilities | โ | $3.4M | $3.4M | $12.1M |
| Shareholders' equity | โ$1.3M | $2.4M | โ$0.4M | โ$6.8M |
| Net debt (โ = net cash) | โ | โ$1.6M | โ$0.0M | $0.9M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 5 | 0 / 9 | 2 / 9 |
| Accruals ratio | โ | 2.9% | 31.3% | โ311.4% |
| Altman Z'' | โ | โ | โ | โ |
4 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $1.3M | $1.5M | $0.5M | $0.2M |
| Gross profit | $0.3M | $0.3M | $0.0M | $0.1M |
| Research and development | $0.3M | $0.6M | $0.8M | $1.2M |
| Interest expense | $0.0M | $0.0M | $0.0M | $0.2M |
| Pretax income | โ$1.1M | โ$4.8M | โ$8.1M | โ$22.8M |
| Income tax | $0.0M | โ | $0.1M | โ$0.1M |
| Net income | โ$1.1M | โ$4.8M | โ$8.1M | โ$22.8M |
| Diluted EPS | $0.00 | โ$0.02 | โ$0.04 | โ$0.06 |
| Diluted shares | 0.21B | 0.23B | 0.25B | 0.36B |
| Cash flow | ||||
| Cash from operations | โ$0.6M | โ$4.9M | โ$9.5M | โ$9.7M |
| Capital expenditure | $0.1M | $0.1M | $0.0M | $0.1M |
| Free cash flow | โ$0.7M | โ$5.1M | โ$9.5M | โ$9.8M |
| Depreciation and amortization | $0.0M | $0.0M | $0.1M | $0.1M |
| Stock-based compensation | โ | โ | โ | $7.0M |
| Dividends paid | $0.2M | $0.1M | โ | โ |
| Dividends and buybacks | $0.2M | $0.1M | โ | โ |
| Balance sheet | ||||
| Cash and short-term investments | $0.9M | $1.8M | $0.2M | $0.2M |
| Total debt | โ | $0.2M | $0.2M | $1.0M |
| Current assets | โ | $4.0M | $1.7M | $0.8M |
| Current liabilities | โ | $2.0M | $1.3M | $5.6M |
| Property and equipment, net | โ | $0.2M | $0.1M | $0.2M |
| Total assets | โ | $5.8M | $3.0M | $5.3M |
| Total liabilities | โ | $3.4M | $3.4M | $12.1M |
| Shareholders' equity | โ$1.3M | $2.4M | โ$0.4M | โ$6.8M |
| Margins | ||||
| Gross margin | 20.8% | 17.9% | 0.3% | 51.2% |
| Net margin | โ89.4% | โ321.9% | โ1,745.3% | โ14,145.1% |
| FCF margin | โ54.1% | โ342.7% | โ2,044.0% | โ6,096.1% |
| Returns | ||||
| Return on equity | โ | โ861.8% | โ791.9% | โ |
| Return on assets | โ | โ81.9% | โ183.3% | โ543.4% |
| Return on tangible equity | โ | โ196.2% | โ | โ |
| Growth | ||||
| Revenue growth | โ | 17.4% | โ68.6% | โ65.4% |
| Share count change | โ | 10.9% | 11.3% | 41.5% |
| Financial health | ||||
| Debt / equity | โ | 0.1x | โ | โ |
| Current ratio | โ | 2.0x | 1.2x | 0.1x |
| Quick ratio | โ | 2.0x | 1.2x | 0.1x |
| Capital allocation | ||||
| Capex / revenue | 5.9% | 9.4% | 0.5% | 57.6% |
| Stock comp / revenue | โ | โ | โ | 4,364.6% |
| Quality scores | ||||
| Piotroski F-score | โ | โ | 0.0 | 2.0 |
| Accruals ratio | โ | 2.9% | 31.3% | โ311.4% |
Source: SEC EDGAR XBRL filings (CIK 0001983550). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Per-share figures are per US-listed share (1 ADS = 2 ordinary shares). For information only โ not investment advice. Check the original filings before relying on any figure.