Linkage Global Inc (LGCB) AI Stock Analysis

• Market Cap: $17.64M
• Dividend Yield: N/A
• Average Volume (3M): 2.03M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.09
• Revenue Growth: 0.62%
• EPS Growth: 33.82%
• Country: US
• Employees: 86
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.00
• Shares Outstanding: 10,162,522
• 10 Day Avg. Volume: 5,972,784
• 30 Day Avg. Volume: 2,034,111
• PEG Ratio: 0.52
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 0.81
• P/FCF Ratio: -5.07
• Enterprise Value/Market Cap: 1.36
• Enterprise Value/Revenue: 6.84
• Enterprise Value/Gross Profit: 8.96
• Enterprise Value/Ebitda: -21.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: $1.50 ▼(-20.21% Downside)

Linkage Global Inc. faces significant financial and technical challenges, with declining revenues and weak market momentum. The negative P/E ratio and lack of dividend yield further impact the stock's valuation. Improvements in gross profit margin and equity base are positive, but the overall outlook remains cautious.

Positive Factors

Improved Gross Profit Margin

The significant improvement in gross profit margin indicates better cost management, which is crucial for enhancing profitability and sustaining competitive advantage in the logistics sector.

Stronger Equity Base

An improved equity base suggests enhanced financial stability and resilience, providing the company with a stronger foundation to support growth and manage risks effectively.

Equity Purchase Agreement

The $100 million equity purchase agreement enhances financial flexibility, enabling the company to invest in growth initiatives and strengthen its market position over the long term.

Negative Factors

Declining Revenue

A significant decline in revenue indicates challenges in market demand or competitive positioning, which could impact long-term growth prospects and necessitate strategic adjustments.

Negative Cash Flow

Negative cash flow highlights liquidity challenges that could constrain operational capabilities and limit strategic investments, affecting the company's ability to sustain growth.

Profitability Concerns

Ongoing profitability issues, as indicated by a negative net profit margin, suggest operational inefficiencies and could hinder the company's ability to generate sustainable earnings.

Linkage Global Inc Business Overview & Revenue Model

Company Description

Linkage Global Inc, through its subsidiaries, operates as a cross-border e-commerce integrated services provider in Japan, Mainland China, and internationally. It provides cross-border product sales; digital marketing services; and e-commerce operation training and software support services. Linkage Global Inc was founded in 2011 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Linkage Global Inc generates revenue through multiple streams, primarily from the sale of its technology solutions and services, including software licenses, hardware sales, and subscription-based models for ongoing support and maintenance. Additionally, the company earns significant revenue from consulting services aimed at helping organizations implement digital transformation strategies. Key partnerships with major telecommunications firms and technology providers enhance LGCB's offerings, allowing it to bundle services and access new markets. Furthermore, LGCB benefits from government contracts and grants aimed at improving infrastructure and connectivity in underserved areas, which contribute to its overall financial performance.

Linkage Global Inc Financial Statement Overview

Summary

Linkage Global Inc. is facing significant financial challenges with declining revenues and profitability issues. While there are improvements in gross profit margin and equity base, the company struggles with negative cash flows and profitability. Continued focus on cost management and revenue growth is essential for financial stability.

Income Statement

Linkage Global Inc. has shown a significant decline in revenue over the past year, with a revenue decrease of 19.2%. The gross profit margin improved from 14.6% to 40.5%, indicating better cost management. However, the company remains unprofitable with a negative net profit margin of -4.3% and negative EBIT and EBITDA margins, reflecting ongoing operational challenges.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.42, indicating manageable leverage. The equity ratio has improved to 55.3%, suggesting a stronger equity base. However, the return on equity remains negative at -6.3%, highlighting profitability concerns.

Cash Flow

Linkage Global Inc. has a negative free cash flow, but there is an improvement in operating cash flow to net income ratio from -5.95 to -3.72, indicating better cash management. The free cash flow to net income ratio is negative, reflecting cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.50M	10.29M	12.73M	22.03M	15.47M
Gross Profit	2.68M	4.17M	1.86M	3.70M	2.54M
EBITDA	-1.11M	235.51K	-431.75K	1.30M	914.37K
Net Income	-3.09M	-439.34K	-652.73K	1.07M	751.67K
Balance Sheet
Total Assets	19.58M	12.69M	10.63M	9.08M	7.58M
Cash, Cash Equivalents and Short-Term Investments	328.08K	2.00M	1.11M	3.69M	1.78M
Total Debt	9.40M	2.94M	3.16M	3.34M	4.24M
Total Liabilities	12.64M	5.67M	7.14M	6.34M	5.86M
Stockholders Equity	6.94M	7.02M	3.50M	2.73M	1.73M
Cash Flow
Free Cash Flow	0.00	-1.64M	-3.90M	687.54K	-1.85M
Operating Cash Flow	-1.74M	-1.64M	-3.88M	1.17M	1.22M
Investing Cash Flow	0.00	-365.43K	1.83M	743.73K	-3.21M
Financing Cash Flow	-3.31K	2.88M	-398.39K	45.74K	2.02M

Linkage Global Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LGCB, the sentiment is Negative. The current price of 1.88 is above the 20-day moving average (MA) of 1.74, below the 50-day MA of 1.89, and below the 200-day MA of 2.10, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 38.73 is Neutral, neither overbought nor oversold. The STOCH value of 14.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LGCB.

Linkage Global Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CGTL	57 Neutral	$86.22M	-46.01	-88.34%	―	-36.13%	-556.93%
TLF	56 Neutral	$22.83M	2.14	20.64%	―	-0.28%	363.27%
SBDS	48 Neutral	$22.03M	-0.17	-58.14%	―	-23.15%	62.52%
LGCB	45 Neutral	$17.64M	-351.11	-37.91%	―	0.62%	33.82%
MOGU	45 Neutral	$15.45M	-1.91	-11.43%	―	-12.53%	-3.24%
TBHC	44 Neutral	$28.53M	-1.16	―	―	-10.64%	37.38%

Linkage Global Inc Corporate Events

Linkage Global Inc Completes $1M Private Placement

Linkage Global Inc, a Cayman Islands exempt company, successfully closed a private placement on December 3, 2025, raising approximately $1,000,000 through the sale of 689,655 Class A ordinary shares at $1.45 per share. The proceeds from this transaction are intended to support general corporate purposes, including working capital and the expansion of the company’s cross-border sales operations, potentially enhancing its market position and operational capabilities.

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

Linkage Global Inc Pursues Acquisition of Cicada Tech

On December 1, 2025, Linkage Global Inc announced a non-binding Letter of Intent to acquire Cicada Tech Limited, a company specializing in tokenizing real-world assets into liquid on-chain yield instruments, for $60 million. This strategic move aims to position Linkage Global in the growing on-chain asset management market and expand its asset base by integrating Cicada Tech’s offerings, potentially creating new revenue streams. The acquisition is subject to due diligence, regulatory approvals, and other conditions, with no guarantee of completion.

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

Linkage Global Inc. Announces $1 Million Private Placement Agreement

On November 14, 2025, Linkage Global Inc., a Cayman Islands exempt company, entered into a Securities Purchase Agreement with an investor to issue and sell 689,655 Class A ordinary shares in a private placement for approximately $1,000,000. The proceeds will be used for working capital and general corporate purposes. The shares are subject to a 180-day lock-up period and were offered under an exemption for non-U.S. persons. Linkage Global Inc. plans to file a registration statement with the SEC for the resale of these shares within 45 days, aiming for effectiveness within 90 to 120 days.

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