Ridgetech Posts Flat Half-Year Revenue but Slightly Stronger Balance Sheet

Ridgetech ( (RDGT) ) has issued an announcement.

Ridgetech, Inc. has furnished its unaudited interim financial results for the six months ended Sept. 30, 2025, reporting essentially flat revenue of $62.8 million compared with the same period in 2024 and a slight increase in gross profit to $2.46 million. Operating expenses rose, particularly selling expenses, leaving the group with a marginally higher accumulated deficit even as total liabilities declined from March 31, 2025 levels and shareholders’ equity edged up to $29.8 million, suggesting modest balance-sheet strengthening despite continued pressure on profitability.

The most recent analyst rating on (RDGT) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Ridgetech stock, see the RDGT Stock Forecast page.

Spark’s Take on RDGT Stock

According to Spark, TipRanks’ AI Analyst, RDGT is a Neutral.

The score is held down primarily by weak fundamentals (revenue decline, thin gross margin, and poor cash conversion) and a bearish technical picture (below key moving averages with negative MACD). Recent profitability and improved leverage provide some support, but valuation metrics are not helpful due to a negative P/E and no dividend yield data.

To see Spark’s full report on RDGT stock, click here.

More about Ridgetech

Ridgetech, Inc. is a Cayman Islands–incorporated foreign private issuer with operations based in Hangzhou, China. The company files annual reports with the U.S. Securities and Exchange Commission on Form 20-F and appears to operate in a product-based business with significant trade receivables, inventories, and cost of goods sold, serving customers that place deposits and receive goods on credit terms.

Average Trading Volume: 9,392

Technical Sentiment Signal: Strong Sell

Current Market Cap: $31.48M

Find detailed analytics on RDGT stock on TipRanks’ Stock Analysis page.