Linkage Global Inc (LGCB) AI Stock Analysis

• Market Cap: $23.90M
• Dividend Yield: N/A
• Average Volume (3M): 2.03M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.17
• Revenue Growth: 5.80%
• EPS Growth: 29.50%
• Country: US
• Employees: 86
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.00
• Shares Outstanding: 6,580,022
• 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: 0.61
• Enterprise Value/Revenue: 4.17
• Enterprise Value/Gross Profit: 5.45
• Enterprise Value/Ebitda: -13.11
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: $2.00 ▲(17.65% Upside)

Linkage Global Inc. is currently facing significant financial and operational challenges, with declining revenues and profitability issues being the most significant factors. The technical analysis indicates a bearish trend, and valuation metrics highlight ongoing profitability concerns. Improvements in cost management and revenue growth are essential for future stability.

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 a combination of software licensing fees, subscription models for its logistics management platforms, and consulting services. The company offers tiered subscription plans that provide access to its advanced logistics software, which is designed for various business sizes and needs. Additionally, LGCB earns income from partnerships with major shipping and logistics companies, allowing for integrated solutions that enhance their service offerings. Revenue is also supplemented by consulting fees from organizations seeking to improve their supply chain processes, as well as potential transaction fees for facilitating logistics operations.

Linkage Global Inc Financial Statement Overview

Summary

Linkage Global Inc. faces significant financial challenges with declining revenues and profitability issues. Despite improvements in gross profit margin and equity base, negative cash flows and profitability remain concerns. 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: 1.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 1.7 is below the 20-day moving average (MA) of 1.89, below the 50-day MA of 2.17, and below the 200-day MA of 2.32, indicating a bearish trend. The MACD of -0.13 indicates Negative momentum. The RSI at 40.26 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 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%
LGCB	46 Neutral	$23.90M	―	-38.40%	―	5.80%	29.50%
JWEL	45 Neutral	$3.69M	―	―	―	-16.89%	31.24%
WNW	44 Neutral	$5.92M	0.21	―	―	-98.56%	―
NAAS	43 Neutral	$2.84M	―	―	―	-13.78%	38.11%
YJ	41 Neutral	$9.31M	―	―	―	-35.95%	26.08%
NVVE	38 Underperform	$4.41M	―	―	―	-15.24%	92.60%

Linkage Global Inc Corporate Events

Linkage Global Inc Amends Securities Agreements with Investor

On October 6, 2025, Linkage Global Inc and an accredited investor amended their initial agreements related to a $30 million securities purchase. The amendments adjusted terms concerning conversion prices and registration rights, potentially impacting the company’s financial flexibility and investor relations.

Linkage Global Inc Secures $100 Million Equity Purchase Agreement

On September 26, 2025, Linkage Global Inc entered into an Equity Purchase Facility Agreement with an institutional investor to issue and sell up to $100 million in Class A ordinary shares. This agreement aims to provide the company with working capital and support general corporate purposes. The agreement includes specific conditions and termination clauses, impacting the company’s financial strategy and shareholder engagement. Additionally, a Registration Rights Agreement was established to ensure the registration of these shares with the SEC, highlighting the company’s commitment to regulatory compliance and investor relations.