Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
---|---|---|---|---|
Income Statement | ||||
Total Revenue | 36.54M | 36.60M | 13.07M | 949.34K |
Gross Profit | 9.58M | 7.96M | 3.35M | 475.46K |
EBITDA | 3.57M | 3.13M | 1.92M | -371.60K |
Net Income | 3.12M | 2.82M | 1.61M | -391.08K |
Balance Sheet | ||||
Total Assets | 30.73M | 19.13M | 9.24M | 2.66M |
Cash, Cash Equivalents and Short-Term Investments | 108.75K | 206.19K | 752.01K | 150.32K |
Total Debt | 2.65M | 2.51M | 911.16K | 312.78K |
Total Liabilities | 19.08M | 11.28M | 5.99M | 1.34M |
Stockholders Equity | 11.60M | 7.85M | 3.25M | 1.32M |
Cash Flow | ||||
Free Cash Flow | -1.51M | -1.50M | -1.91M | 181.58K |
Operating Cash Flow | -1.47M | -1.43M | -1.90M | 239.20K |
Investing Cash Flow | -51.66K | -72.13K | -5.26K | -57.62K |
Financing Cash Flow | 1.44M | 969.63K | 2.52M | -88.79K |
On September 9, 2025, Lianhe Sowell International Group Ltd. entered into an Acting-in-Concert Agreement with its shareholders, Patton Holding Group Limited and Lianyue Holding Limited. This agreement outlines that these parties will vote as a unified group on financial, operational, and management matters, with Patton Holding having the authority to direct Lianyue Holding’s vote under certain conditions. This strategic alignment aims to streamline decision-making processes and potentially enhance the company’s governance structure.
Lianhe Sowell International Group Ltd announced its financial results for the fiscal year ending March 31, 2025, showing stable overall revenues at approximately $36.54 million compared to the previous year. The company experienced a strategic shift towards higher-margin software solutions, with software sales increasing by 177% to $14.57 million, while electronic product sales decreased by 30% to $21.97 million. This shift contributed to a 4 percentage point increase in gross margin and a 13% rise in net income to $3.18 million. The company also made significant advancements in its industrial robotics line, particularly in automated precision vision spray painting robots, which received strong market reception. Looking forward, Lianhe Sowell plans to focus on scaling its software and robotics businesses, enhancing R&D investment, and expanding manufacturing capacity to deliver sustainable value to shareholders and customers.