Income Statement Ridgetech, Inc.

Stocks

RDGT

KYG2124G2037

Department Stores

Market Closed - Nasdaq Other stock markets 16:00:00 2026-07-10 EDT			5-day change	1st Jan Change
1.510 ^USD	+11.03%		-1.31%	-99.65%

06-23	Top Premarket Gainers	MT
03-05	Ridgetech, Inc. Reports Earnings Results for the Half Year Ended September 30, 2025	CI

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Published financial data: RIDGETECH, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	133M	164M	149M	155M	120M
Total Revenues	133M	164M	149M	155M	120M
Cost of Goods Sold, Total	104M	128M	115M	123M	116M
Gross Profit	29.24M	36.52M	34.28M	31.11M	3.84M
Selling General & Admin Expenses, Total	37.85M	39.06M	55.21M	34.64M	4.87M
Other Operating Expenses, Total	37.85M	39.06M	55.21M	34.64M	4.87M
Operating Income	-8.61M	-2.55M	-20.93M	-3.53M	-1.04M
Interest Expense, Total	-455K	-262K	-65.85K	-13.6K	-
Interest And Investment Income	708K	402K	884K	517K	92.83K
Net Interest Expenses	253K	140K	818K	503K	92.83K
Other Non Operating Income (Expenses)	241K	456K	1.68M	468K	-8.16K
EBT, Excl. Unusual Items	-8.12M	-1.95M	-18.43M	-2.56M	-951K
Gain (Loss) On Sale Of Investments	-	-	-2.32M	-1.61M	-
Asset Writedown	-229K	-149K	-	-	-
EBT, Incl. Unusual Items	-8.34M	-2.1M	-20.74M	-4.17M	-951K
Income Tax Expense	31.64K	1.1M	395K	62.86K	504K
Earnings From Continuing Operations	-8.38M	-3.2M	-21.14M	-4.23M	-1.45M
Earnings Of Discontinued Operations	-	-	-	-	11.65M
Net Income to Company	-8.38M	-3.2M	-21.14M	-4.23M	10.2M
Minority Interest	256K	6.25K	252	14	-5.38K
Net Income - (IS)	-8.12M	-3.19M	-21.14M	-4.23M	10.19M
Net Income to Common Incl Extra Items	-8.12M	-3.19M	-21.14M	-4.23M	10.19M
Net Income to Common Excl. Extra Items	-8.12M	-3.19M	-21.14M	-4.23M	-1.46M
Per Share Items
Net EPS - Basic	-	-	-	-	275.87
Basic EPS - Continuing Operations	-	-	-	-	-39.5
Basic Weighted Average Shares Outstanding	-	-	-	-	36.95K
Net EPS - Diluted	-	-	-	-	275.87
Diluted EPS - Continuing Operations	-	-	-	-	-39.5
Diluted Weighted Average Shares Outstanding	-	-	-	-	36.95K
Normalized Basic EPS	-	-	-	-	-16.22
Normalized Diluted EPS	-	-	-	-	-16.22
Supplemental Items
EBITDA	-6.91M	-1.34M	-20.23M	-2.76M	102K
EBITA	-8.31M	-2.44M	-20.83M	-3.44M	-981K
EBIT	-8.61M	-2.55M	-20.93M	-3.53M	-1.04M
EBITDAR	-517K	4.95M	-12.13M	4.74M	-
Effective Tax Rate - (Ratio)	-0.38	-52.4	-1.9	-1.51	-52.97
Total Current Taxes	-	-	-	-	-
Normalized Net Income	-4.82M	-1.21M	-11.52M	-1.6M	-600K
Supplemental Operating Expense Items
Advertising Expense	309K	355K	492K	304K	376
Selling and Marketing Expenses	20.61M	24.64M	21.1M	19.9M	1.53M
General and Administrative Expenses	10.9M	8.19M	26.03M	7.26M	3.34M
Net Rental Expense, Total	6.39M	6.29M	8.09M	7.51M	-
Imputed Operating Lease Interest Expense	456K	277K	93.9K	19.04K	-
Imputed Operating Lease Depreciation	5.94M	6.02M	8M	7.49M	-
Stock-Based Comp., G&A Exp. (Total)	3.94M	-	10.36M	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	3.94M	-	10.36M	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	22.05M	18.46M	18.81M	20.15M	12.78M
Short Term Investments	91.47K	94.65K	-	-	-
Total Cash And Short Term Investments	22.14M	18.55M	18.81M	20.15M	12.78M
Accounts Receivable, Total	13.46M	16.74M	14.12M	15.82M	27.81M
Other Receivables	5.05M	5.76M	2.73M	2.94M	2.42M
Total Receivables	18.52M	22.5M	16.84M	18.76M	30.23M
Inventory	17.39M	16.59M	15.45M	17.16M	10.19M
Prepaid Expenses	1.56M	925K	616K	570K	-
Restricted Cash	12.63M	16.88M	12.76M	12.72M	5.76M
Other Current Assets, Total	-	-	-	313K	745K
Total Current Assets	72.23M	75.45M	64.48M	69.68M	59.71M
Gross Property Plant And Equipment	38.54M	36.55M	-	29.09M	91.6K
Accumulated Depreciation	-15.21M	-16.89M	-	-10.36M	-82.66K
Net Property Plant And Equipment	23.33M	19.66M	19.03M	18.73M	8.93K
Long-term Investments	3.98M	4.42M	1.77M	1.2M	-
Goodwill	-	-	-	-	1.46M
Other Intangibles, Total	4.31M	4.32M	3.89M	3.65M	3.3M
Other Long-Term Assets, Total	2.45M	2.54M	1.8M	1.8M	-
Total Assets	106M	106M	90.97M	95.06M	64.48M
Liabilities
Accounts Payable, Total	29.9M	27.33M	26.99M	31.63M	19.67M
Accrued Expenses, Total	501K	2.12M	1.44M	1.97M	196K
Short-term Borrowings	26.87M	34.19M	29.26M	32.21M	10.39M
Current Portion of Long-Term Debt	2.56M	1.96M	-	-	-
Current Portion of Leases	788K	3.33M	5.13M	4.86M	-
Current Income Taxes Payable	198K	1.38M	1.71M	682K	1.52M
Other Current Liabilities	4.09M	4.14M	2.01M	3.01M	2.58M
Total Current Liabilities	64.9M	74.45M	66.54M	74.36M	34.36M
Long-Term Debt	1.89M	-	-	-	-
Long-Term Leases	15.12M	9.2M	7.77M	6.4M	-
Deferred Tax Liability Non Current	-	-	-	-	492K
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	81.91M	83.65M	74.3M	80.76M	34.85M
Common Stock, Total	41.75K	41.75K	284K	418K	1.41M
Additional Paid In Capital	66.52M	66.52M	83.96M	86.41M	91.74M
Retained Earnings	-43.63M	-46.83M	-67.96M	-72.2M	-63.31M
Comprehensive Income and Other	2.82M	4.35M	1.74M	1.01M	-199K
Total Common Equity	25.74M	24.09M	18.01M	15.64M	29.64M
Minority Interest	-1.34M	-1.35M	-1.35M	-1.35M	-
Total Equity	24.4M	22.74M	16.67M	14.29M	29.64M
Total Liabilities And Equity	106M	106M	90.97M	95.06M	64.48M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	-	11.62K	39.03K
ECS Total Common Shares Outstanding	-	-	-	11.62K	39.03K
Book Value / Share	-	-	-	1.35K	759.25
Tangible Book Value	21.43M	19.77M	14.13M	11.99M	24.87M
Tangible Book Value Per Share	-	-	-	1.03K	637.13
Total Debt	47.23M	48.67M	42.16M	43.47M	10.39M
Net Debt	25.09M	30.12M	23.35M	23.32M	-2.39M
Debt Equivalent Oper. Leases	51.14M	50.35M	64.76M	60.05M	-
Minority Interest, Total (Incl. Fin. Div)	-1.34M	-1.35M	-1.35M	-1.35M	-
Equity Method Investments, Total	3.98M	4.42M	1.68M	4.16K	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	16.97M	16.02M	15.31M	16.25M	9.76M
Buildings, Total	6.36M	6.58M	-	5.62M	-
Machinery, Total	6.38M	6.68M	-	6.15M	91.6K
Full Time Employees	1K	911	885	939	61
Part Time Employees	46	68	53	64	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.88M	2.48M	2.31M	924K	110K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-8.12M	-3.19M	-21.14M	-4.23M	10.19M
Depreciation & Amortization - CF	1.4M	1.09M	606K	5.27M	5.96M
Amortization of Goodwill and Intangible Assets - (CF)	296K	108K	92.26K	96.91K	54.79K
Depreciation & Amortization, Total	1.7M	1.2M	699K	5.37M	6.02M
Amortization of Deferred Charges, Total - (CF)	52.07K	54.95K	19.33K	18.48K	-
(Gain) Loss From Sale Of Asset	-	-	-	107K	-15.76M
(Gain) Loss on Sale of Investments - (CF)	-	-	2.32M	1.61M	-
Asset Writedown & Restructuring Costs	229K	149K	-	-	-
Stock-Based Compensation (CF)	3.94M	-	10.36M	-	-
Provision and Write-off of Bad Debts	-707K	940K	7.58M	-249K	85.64K
Other Operating Activities, Total	-320K	-6.25K	-252	-14	-24.44K
Change In Accounts Receivable	-3.31M	-2.66M	-2.53M	-1.8M	10.04M
Change In Inventories	-1.72M	1.35M	-321K	-2.54M	64.12K
Change In Accounts Payable	6.38M	-3.56M	1.77M	6M	-21.13M
Change In Income Taxes	66.65K	1.16M	433K	-948K	1.31M
Change in Other Net Operating Assets	1.75M	-831K	-2.47M	-6.48M	10.44M
Cash from Operations	-62.29K	-5.39M	-3.28M	-3.16M	1.25M
Capital Expenditure	-506K	-299K	-299K	-857K	-615K
Cash Acquisitions	-	-	-	-	4.83M
Divestitures	-	-	-	-	-22.35M
Sale (Purchase) of Intangible assets	-97.8K	-7.01K	-12.77K	-66.97K	-
Investment in Marketable and Equity Securities, Total	-1.39M	-	-4.38K	-1.12M	-
Cash from Investing	-2M	-306K	-316K	-2.04M	-18.14M
Short Term Debt Issued, Total	49.03M	65.37M	57.97M	57.99M	51.69M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	49.03M	65.37M	57.97M	57.99M	51.69M
Short Term Debt Repaid, Total	-52.77M	-58.61M	-60.27M	-53.83M	-56.64M
Long-Term Debt Repaid, Total	-2.47M	-2.61M	-1.81M	-	-
Total Debt Repaid	-55.24M	-61.22M	-62.09M	-53.83M	-56.64M
Issuance of Common Stock	9.36M	-	7.32M	2.59M	7.63M
Other Financing Activities, Total	-73.43K	689K	-839K	1.26M	-1.17M
Cash from Financing	3.08M	4.84M	2.37M	8M	1.51M
Foreign Exchange Rate Adjustments	2.67M	1.52M	-2.54M	-1.51M	1.05M
Miscellaneous Cash Flow Adjustments	-	-1	-	-	-
Net Change in Cash	3.69M	667K	-3.77M	1.3M	-14.33M
Supplemental Items
Cash Interest Paid	455K	262K	64.94K	13.6K	6.29K
Cash Income Tax Paid (Refund)	37.74K	3.96K	63.67K	149K	137K
Levered Free Cash Flow	3M	-7.76M	6.05M	3.53M	-18.59M
Unlevered Free Cash Flow	3.28M	-7.6M	6.09M	3.54M	-18.59M
Change In Net Working Capital	-3.57M	6.96M	-8.4M	-1.28M	23.34M
Net Debt Issued / Repaid	-6.21M	4.15M	-4.12M	4.16M	-4.95M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-5.23	-1.5	-13.25	-2.38	-0.81
Return on Total Capital	-7.4	-2.23	-20.08	-3.79	-1.92
Return On Equity %	-38.79	-13.57	-107.29	-27.35	-6.62
Return on Common Equity	-35.05	-12.81	-100.42	-25.16	-6.45
Margin Analysis
Gross Profit Margin %	21.97	22.21	23.04	20.13	3.2
SG&A Margin	28.43	23.76	37.1	22.42	4.06
EBITDA Margin %	-5.19	-0.82	-13.59	-1.79	0.08
EBITA Margin %	-6.24	-1.48	-14	-2.22	-0.82
EBIT Margin %	-6.47	-1.55	-14.06	-2.29	-0.86
Income From Continuing Operations Margin %	-6.29	-1.95	-14.2	-2.74	-1.21
Net Income Margin %	-6.1	-1.94	-14.2	-2.74	8.5
Net Avail. For Common Margin %	-6.1	-1.94	-14.2	-2.74	-1.22
Normalized Net Income Margin	-3.62	-0.74	-7.74	-1.04	-0.5
Levered Free Cash Flow Margin	2.25	-4.72	4.06	2.28	-15.49
Unlevered Free Cash Flow Margin	2.47	-4.62	4.09	2.29	-15.49
Asset Turnover
Asset Turnover	1.29	1.55	1.51	1.66	1.5
Fixed Assets Turnover	5.06	7.65	7.69	8.19	13.86K
Receivables Turnover (Average Receivables)	11.43	10.89	9.65	10.32	7.09
Inventory Turnover (Average Inventory)	6.74	7.52	7.15	7.57	11.94
Short Term Liquidity
Current Ratio	1.11	1.01	0.97	0.94	1.74
Quick Ratio	0.63	0.55	0.54	0.52	1.25
Operating Cash Flow to Current Liabilities	-0	-0.07	-0.05	-0.04	0.04
Days Sales Outstanding (Average Receivables)	31.93	33.53	37.84	35.46	51.46
Days Outstanding Inventory (Average Inventory)	54.13	48.51	51.06	48.35	30.57
Average Days Payable Outstanding	87.06	82.19	87.43	85.72	78.33
Cash Conversion Cycle (Average Days)	-1	-0.16	1.47	-1.91	3.69
Long Term Solvency
Total Debt/Equity	193.54	214.06	252.92	304.16	35.05
Total Debt / Total Capital	65.93	68.16	71.67	75.26	25.96
LT Debt/Equity	69.71	40.45	46.61	44.8	-
Long-Term Debt / Total Capital	23.75	12.88	13.21	11.09	-
Total Liabilities / Total Assets	77.05	78.63	81.68	84.96	54.04
EBIT / Interest Expense	-18.91	-9.71	-317.75	-259.82	-
EBITDA / Interest Expense	-1.14	18.88	-184.22	348.67	-
(EBITDA - Capex) / Interest Expense	-2.25	17.74	-188.76	285.7	-
Total Debt / EBITDA	-91.32	9.83	-3.47	9.17	2.09
Net Debt / EBITDA	-48.51	6.08	-1.92	4.92	-0.48
Total Debt / (EBITDA - Capex)	-46.14	10.47	-3.39	11.19	2.38
Net Debt / (EBITDA - Capex)	-24.51	6.48	-1.88	6	-0.55
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.47	23.48	-9.48	3.85	-3.24
Gross Profit, 1 Yr. Growth %	14.56	24.88	-6.13	-9.25	-21.31
EBITDA, 1 Yr. Growth %	59.96	-80.56	1.41K	-86.34	-92.65
EBITA, 1 Yr. Growth %	35.79	-70.68	754.94	-83.5	-250.57
EBIT, 1 Yr. Growth %	35.03	-70.44	722.18	-83.11	-273.69
Earnings From Cont. Operations, 1 Yr. Growth %	29.7	-61.81	560.92	-79.97	85.08
Net Income, 1 Yr. Growth %	39.68	-60.69	562.21	-79.97	-340.76
Normalized Net Income, 1 Yr. Growth %	61.14	-74.83	849.91	-86.09	-222.91
Accounts Receivable, 1 Yr. Growth %	36.99	24.31	-15.64	12.07	362.41
Inventory, 1 Yr. Growth %	29.6	-4.62	-6.87	11.08	10.07
Net Property, Plant and Equip., 1 Yr. Growth %	-20.51	-15.72	-3.23	-1.53	6.61
Total Assets, 1 Yr. Growth %	6.83	0.07	-14.49	4.49	-32.16
Tangible Book Value, 1 Yr. Growth %	32.26	-7.75	-28.54	-15.12	73.15
Common Equity, 1 Yr. Growth %	25.02	-6.44	-25.21	-13.18	89.49
Cash From Operations, 1 Yr. Growth %	-99.1	8.55K	-39.04	-3.9	-139.54
Capital Expenditures, 1 Yr. Growth %	-64.16	-40.93	-0.06	186.56	-28.18
Levered Free Cash Flow, 1 Yr. Growth %	-156.1	-325.37	-177.92	-41.65	-199.19
Unlevered Free Cash Flow, 1 Yr. Growth %	-166.88	-303.77	-180.14	-41.91	-199.19
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	11.26	18.37	5.72	-3.04	-0.09
Gross Profit, 2 Yr. CAGR %	7.92	19.61	8.27	-7.7	3.24
EBITDA, 2 Yr. CAGR %	193.84	-44.23	71.74	46.42	-90.95
EBITA, 2 Yr. CAGR %	258.13	-36.91	55.56	16.22	-72.71
EBIT, 2 Yr. CAGR %	213.46	-36.82	55.91	17.85	-71.95
Earnings From Cont. Operations, 2 Yr. CAGR %	152.11	-29.62	58.87	15.06	-69.7
Net Income, 2 Yr. CAGR %	196.08	-25.9	61.35	15.17	-30.55
Normalized Net Income, 2 Yr. CAGR %	272.09	-36.31	54.63	14.96	-72.88
Accounts Receivable, 2 Yr. CAGR %	23.2	30.5	2.41	-2.76	40.35
Inventory, 2 Yr. CAGR %	4.58	11.18	-5.75	1.71	-18.79
Net Property, Plant and Equip., 2 Yr. CAGR %	63.49	-18.15	-9.69	-2.38	-97.83
Total Assets, 2 Yr. CAGR %	20.9	3.39	-7.5	-5.47	-15.81
Tangible Book Value, 2 Yr. CAGR %	26.15	10.45	-18.81	-22.12	32.68
Common Equity, 2 Yr. CAGR %	19.04	8.15	-16.35	-19.42	28.26
Cash From Operations, 2 Yr. CAGR %	-89.46	-11.7	626.03	-23.46	-38.36
Capital Expenditures, 2 Yr. CAGR %	-73.62	-53.99	-23.17	69.23	43.46
Levered Free Cash Flow, 2 Yr. CAGR %	-49.99	20.5	32.52	-32.57	30.34
Unlevered Free Cash Flow, 2 Yr. CAGR %	-47.67	24.41	27.79	-31.77	30.34
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.47	15.19	8.25	5.1	-9.97
Gross Profit, 3 Yr. CAGR %	13.27	13.3	10.33	2.08	-52.81
EBITDA, 3 Yr. CAGR %	-22.86	18.85	67.3	-26.15	-57.08
EBITA, 3 Yr. CAGR %	-20.14	55.5	50.42	-26.36	-27.24
EBIT, 3 Yr. CAGR %	-19.39	42.68	48.61	-25.68	-25.9
Earnings From Cont. Operations, 3 Yr. CAGR %	-21.11	34.39	48.48	-20.34	-23.11
Net Income, 3 Yr. CAGR %	-21.92	51.05	53.77	-19.51	47.26
Normalized Net Income, 3 Yr. CAGR %	-20.61	51.61	56.77	-30.71	-20.92
Accounts Receivable, 3 Yr. CAGR %	16.11	23.57	12.84	5.53	18.45
Inventory, 3 Yr. CAGR %	1.01	1.42	4.81	-0.45	-15
Net Property, Plant and Equip., 3 Yr. CAGR %	101.68	31.09	-13.45	-7.05	-92.31
Total Assets, 3 Yr. CAGR %	12.93	13.52	-2.95	-3.66	-15.37
Tangible Book Value, 3 Yr. CAGR %	16.45	13.65	-4.47	-17.6	7.95
Common Equity, 3 Yr. CAGR %	10.92	9.86	-4.36	-15.3	7.16
Cash From Operations, 3 Yr. CAGR %	-68.9	-1.31	-21.96	270.01	-38.58
Capital Expenditures, 3 Yr. CAGR %	-34.01	-65.49	-40.41	19.16	27.18
Levered Free Cash Flow, 3 Yr. CAGR %	-20.14	-13.49	4.2	0.81	33.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	-17.69	-14.1	7.45	-1.74	34.75
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.37	15.07	9.14	7.52	0.45
Gross Profit, 5 Yr. CAGR %	10.8	17.04	11.24	4.38	-31.54
EBITDA, 5 Yr. CAGR %	37.01	-12.8	6.08	28.12	-52.73
EBITA, 5 Yr. CAGR %	331.2	-9.22	5	39.61	-30.67
EBIT, 5 Yr. CAGR %	222.27	-8.56	4.95	32.18	-30.48
Earnings From Cont. Operations, 5 Yr. CAGR %	79.68	-10.74	4.38	26.3	-25.78
Net Income, 5 Yr. CAGR %	78.57	-10.77	4.38	35.52	11.89
Normalized Net Income, 5 Yr. CAGR %	69.93	-10.84	3.65	35.73	-27.48
Accounts Receivable, 5 Yr. CAGR %	10.78	13.68	10.42	12.27	23.13
Inventory, 5 Yr. CAGR %	10	1.47	-1.75	1.53	-5.36
Net Property, Plant and Equip., 5 Yr. CAGR %	33.3	35.76	46.25	16.51	-80.2
Total Assets, 5 Yr. CAGR %	11.36	9.63	4.27	5.5	-8.31
Tangible Book Value, 5 Yr. CAGR %	9.21	-2.79	0.81	-2.29	8.95
Common Equity, 5 Yr. CAGR %	5.91	-2.01	-0.92	-2.95	7.55
Cash From Operations, 5 Yr. CAGR %	-52.54	28.13	9.67	-10.85	-28.98
Capital Expenditures, 5 Yr. CAGR %	15.13	-6.17	-29.87	-34.82	-15.32
Levered Free Cash Flow, 5 Yr. CAGR %	10.67	0.23	0.54	-21.7	28.31
Unlevered Free Cash Flow, 5 Yr. CAGR %	13.95	-0.2	0.68	-21.66	30.51