4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $34M | $556829 | 17.7% | -3.2% | -$2M | $13M | $5M |
| 2024 | $45M | -$361016 | 25.4% | 1.0% | $4M | $12M | $8M |
| 2023 | $51M | $3M | 21.2% | 7.5% | $2M | — | $8M |
| 2022 | $50M | $3M | 20.6% | 7.7% | -$1M | — | $4M |
How the market has priced LUD against its own fundamentals since 2025-02 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 3 years, Luda Technology Group Ltd's revenue has declined 12.4% per year, and net income declined 43.4% per year. These are computed facts, not advice.
As of FY2025, Luda Technology Group Ltd reported $13M of total debt against $5M of cash; operating income covered interest expense -2.0×.
In FY2025, gross margin was 17.7%, operating margin -3.2%, and net margin 1.7%.
As of Jun '26, Luda Technology Group Ltd traded at a price-to-earnings ratio of about 196.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.