Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2023 | Dec 2023 | Dec 2023 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 147.13M | 119.97M | 154.54M | 154.54M | 154.54M | 154.54M |
Gross Profit | 29.77M | 3.84M | 31.11M | 31.11M | 31.11M | 31.11M |
EBITDA | -5.06M | 4.98M | 1.23M | 1.23M | 1.23M | 1.23M |
Net Income | -5.59M | 10.19M | -4.23M | -4.23M | -4.23M | -4.23M |
Balance Sheet | ||||||
Total Assets | 94.19M | 64.48M | 95.06M | 95.06M | 95.06M | 95.06M |
Cash, Cash Equivalents and Short-Term Investments | 18.00M | 12.78M | 20.15M | 20.15M | 20.15M | 20.15M |
Total Debt | 42.17M | 10.39M | 43.22M | 43.22M | 43.22M | 43.22M |
Total Liabilities | 74.07M | 34.85M | 80.76M | 80.76M | 80.76M | 80.76M |
Stockholders Equity | 21.47M | 29.64M | 15.64M | 15.64M | 15.64M | 15.64M |
Cash Flow | ||||||
Free Cash Flow | -14.94M | 632.50K | -4.08M | -4.08M | -4.08M | -4.08M |
Operating Cash Flow | -13.83M | 1.25M | -3.16M | -3.16M | -3.16M | -3.16M |
Investing Cash Flow | -1.14M | -18.14M | -2.04M | -2.04M | -2.04M | -2.04M |
Financing Cash Flow | 15.50M | 1.51M | 8.00M | 8.00M | 8.00M | 8.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $77.13M | 8.57 | 18.33% | ― | -8.51% | ― | |
49 Neutral | $7.31M | ― | -6.45% | ― | -22.37% | 63.14% | |
47 Neutral | $27.98M | 6.73 | ― | ― | ― | ― | |
44 Neutral | $43.93M | -1.55 | -2272.96% | ― | -25.21% | -631.48% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
On July 28, 2025, Ridgetech, Inc. announced its financial results for the fiscal year ending March 31, 2025. The company reported stable revenue of approximately $120 million despite significant transformations, including the divestiture of its retail pharmacy business and the acquisition of Ridgeline and its subsidiary, Allright. This strategic shift reflects Ridgetech’s focus on the wholesale pharmaceutical sector, aiming to leverage Allright’s growing online and offline distribution network. The company experienced a decrease in offline wholesale revenue but saw new contributions from its online platforms. Ridgetech’s net income improved significantly, reaching $10.20 million, compared to a net loss in the previous year. The company increased its investment in sales and marketing to support its strategic transformation.