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Stocks · Materials · Steel Pipe & Tubes

Luda Technology Group Ltd

LUD Clue Score34
CIK 0001984124
$3.85 +4.90% Close, 12 Oct 2026
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Price $3.85 −58.82% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 27 Feb 2025. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue49.9Operating income3.8Net income3.1EPS, diluted0.15Fiscal year 2023Revenue51.4 +3.2%Operating income3.9Net income3.0 −1.1%EPS, diluted0.15 +0.0%Fiscal year 2024Revenue44.9 −12.8%Operating income0.5Net income−0.4 −111.9%EPS, diluted−0.02 −113.3%Fiscal year 2025Revenue33.5 −25.3%Operating income−1.1Net income0.6EPS, diluted0.03
FY2022FY2023FY2024FY2025
Revenue 49.9 51.4 44.9 33.5
Growth +3.2% −12.8% −25.3%
Operating income 3.8 3.9 0.5 −1.1
Net income 3.1 3.0 −0.4 0.6
Growth −1.1% −111.9%
EPS, diluted 0.15 0.15 −0.02 0.03
Growth +0.0% −113.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin20.6%Operating margin7.7%Net margin6.2%Free cash flow margin−2.9%Fiscal year 2023Gross margin21.2%Operating margin7.5%Net margin5.9%Free cash flow margin3.1%Fiscal year 2024Gross margin25.4%Operating margin1.0%Net margin−0.8%Free cash flow margin9.8%Fiscal year 2025Gross margin17.7%Operating margin−3.2%Net margin1.7%Free cash flow margin−6.5%
FY2022FY2023FY2024FY2025
Gross margin 20.6% 21.2% 25.4% 17.7%
Operating margin 7.7% 7.5% 1.0% −3.2%
Net margin 6.2% 5.9% −0.8% 1.7%
Free cash flow margin −2.9% 3.1% 9.8% −6.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−1.0Capital expenditure−0.5Free cash flow−1.5Fiscal year 2023Operating cash flow3.3Capital expenditure−1.8Free cash flow1.6Dividends paid−0.6Fiscal year 2024Operating cash flow5.5Capital expenditure−1.1Free cash flow4.4 +178.2%Dividends paid−3.4Fiscal year 2025Operating cash flow−1.7Capital expenditure−0.5Free cash flow−2.2 −149.5%
FY2022FY2023FY2024FY2025
Operating cash flow −1.0 3.3 5.5 −1.7
Capital expenditure −0.5 −1.8 −1.1 −0.5
Free cash flow −1.5 1.6 4.4 −2.2
Growth +178.2% −149.5%
Dividends paid n/a −0.6 −3.4 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2022Cash4.1Shareholders’ equity14.5Fiscal year 2023Cash8.1Shareholders’ equity16.7Fiscal year 2024Cash8.1Total debt0.6Net cash (debt)7.5Shareholders’ equity12.7Debt to equity0.05Fiscal year 2025Cash4.5Total debt1.8Net cash (debt)2.7Shareholders’ equity22.2Debt to equity0.08
FY2022FY2023FY2024FY2025
Cash 4.1 8.1 8.1 4.5
Total debt n/a n/a 0.6 1.8
Net cash (debt) n/a n/a 7.5 2.7
Shareholders’ equity 14.5 16.7 12.7 22.2
Debt to equity n/a n/a 0.05 0.08

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
20.6% 21.2% 25.4% 17.7%
7.7% 7.5% 1.0% −3.2%
7.2% 6.8% −0.2% 3.0%
6.2% 5.9% −0.8% 1.7%
−2.9% 3.1% 9.8% −6.5%
Spending
3.1% 2.7% 3.1% 4.3%
5.6% 5.7% 7.2% 11.1%
0.9% 3.4% 2.4% 1.4%
14.1% 12.8% n/a 43.8%
Returns
21.1% 18.1% −2.9% 2.5%
n/a 6.5% −0.9% 1.1%
Balance and payout
n/a n/a 0.05 0.08
n/a 64.1% 67.8% 54.8%
n/a 20.8% n/a n/a
n/a 40.1% 77.1% n/a