Income Statement Ridgetech, Inc.

Stocks

RDGT

KYG2124G2037

Department Stores

Market Closed - Nasdaq 16:00:00 2026-08-20 EDT			5-day change	1st Jan Change
0.8057 ^USD	-0.69%		-8.23%	-99.81%

07-31	Ridgetech, Inc. Reports Earnings Results for the Full Year Ended March 31, 2026	CI
07-21	Top Premarket Gainers	MT

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Published financial data: RIDGETECH, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	164M	149M	155M	120M	132M
Total Revenues	164M	149M	155M	120M	132M
Cost of Goods Sold, Total	128M	115M	123M	116M	127M
Gross Profit	36.52M	34.28M	31.11M	3.84M	4.75M
Selling General & Admin Expenses, Total	39.06M	55.21M	34.64M	4.87M	6.62M
Other Operating Expenses, Total	39.06M	55.21M	34.64M	4.87M	6.62M
Operating Income	-2.55M	-20.93M	-3.53M	-1.04M	-1.87M
Interest Expense, Total	-262K	-65.85K	-13.6K	-	-67.07K
Interest And Investment Income	402K	884K	517K	92.83K	685K
Net Interest Expenses	140K	818K	503K	92.83K	618K
Other Non Operating Income (Expenses)	456K	1.68M	468K	-8.16K	-101K
EBT, Excl. Unusual Items	-1.95M	-18.43M	-2.56M	-951K	-1.35M
Gain (Loss) On Sale Of Investments	-	-2.32M	-1.61M	-	-
Asset Writedown	-149K	-	-	-	-
EBT, Incl. Unusual Items	-2.1M	-20.74M	-4.17M	-951K	-1.35M
Income Tax Expense	1.1M	395K	62.86K	504K	-99.1K
Earnings From Continuing Operations	-3.2M	-21.14M	-4.23M	-1.45M	-1.25M
Earnings Of Discontinued Operations	-	-	-	11.65M	-
Net Income to Company	-3.2M	-21.14M	-4.23M	10.2M	-1.25M
Minority Interest	6.25K	252	14	-5.38K	-
Net Income - (IS)	-3.19M	-21.14M	-4.23M	10.19M	-1.25M
Net Income to Common Incl Extra Items	-3.19M	-21.14M	-4.23M	10.19M	-1.25M
Net Income to Common Excl. Extra Items	-3.19M	-21.14M	-4.23M	-1.46M	-1.25M
Per Share Items
Net EPS - Basic	-	-	-	275.87	-17.21
Basic EPS - Continuing Operations	-	-	-	-39.5	-17.21
Basic Weighted Average Shares Outstanding	-	-	-	36.95K	72.67K
Net EPS - Diluted	-	-	-	275.87	-17.21
Diluted EPS - Continuing Operations	-	-	-	-39.5	-17.21
Diluted Weighted Average Shares Outstanding	-	-	-	36.95K	72.67K
Normalized Basic EPS	-	-	-	-16.22	-11.61
Normalized Diluted EPS	-	-	-	-16.22	-11.61
Supplemental Items
EBITDA	-1.34M	-20.23M	-2.76M	102K	-1.5M
EBITA	-2.44M	-20.83M	-3.44M	-981K	-1.51M
EBIT	-2.55M	-20.93M	-3.53M	-1.04M	-1.87M
EBITDAR	4.95M	-12.13M	4.74M	-	-
Effective Tax Rate - (Ratio)	-52.4	-1.9	-1.51	-52.97	7.34
Total Current Taxes	-	-	-	-	-
Normalized Net Income	-1.21M	-11.52M	-1.6M	-600K	-843K
Supplemental Operating Expense Items
Advertising Expense	355K	492K	304K	376	799K
Selling and Marketing Expenses	24.64M	21.1M	19.9M	1.53M	3.04M
General and Administrative Expenses	8.19M	26.03M	7.26M	3.34M	3.58M
Net Rental Expense, Total	6.29M	8.09M	7.51M	-	-
Imputed Operating Lease Interest Expense	277K	93.9K	19.04K	-	-
Imputed Operating Lease Depreciation	6.02M	8M	7.49M	-	-
Stock-Based Comp., G&A Exp. (Total)	-	10.36M	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	10.36M	-	-	-

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	18.46M	18.81M	20.15M	12.78M	17.91M
Short Term Investments	94.65K	-	-	-	-
Total Cash And Short Term Investments	18.55M	18.81M	20.15M	12.78M	17.91M
Accounts Receivable, Total	16.74M	14.12M	15.82M	27.81M	32.47M
Other Receivables	5.76M	2.73M	2.94M	2.42M	5.2M
Total Receivables	22.5M	16.84M	18.76M	30.23M	37.66M
Inventory	16.59M	15.45M	17.16M	10.19M	8.36M
Prepaid Expenses	925K	616K	570K	-	-
Restricted Cash	16.88M	12.76M	12.72M	5.76M	8.52K
Other Current Assets, Total	-	-	313K	745K	622K
Total Current Assets	75.45M	64.48M	69.68M	59.71M	64.56M
Gross Property Plant And Equipment	36.55M	-	29.09M	91.6K	51.31K
Accumulated Depreciation	-16.89M	-	-10.36M	-82.66K	-45.59K
Net Property Plant And Equipment	19.66M	19.03M	18.73M	8.93K	5.72K
Long-term Investments	4.42M	1.77M	1.2M	-	-
Goodwill	-	-	-	1.46M	1.46M
Other Intangibles, Total	4.32M	3.89M	3.65M	3.3M	3M
Other Long-Term Assets, Total	2.54M	1.8M	1.8M	-	-
Total Assets	106M	90.97M	95.06M	64.48M	69.03M
Liabilities
Accounts Payable, Total	27.33M	26.99M	31.63M	19.67M	22.76M
Accrued Expenses, Total	2.12M	1.44M	1.97M	196K	207K
Short-term Borrowings	34.19M	29.26M	32.21M	10.39M	22.67K
Current Portion of Long-Term Debt	1.96M	-	-	-	-
Current Portion of Leases	3.33M	5.13M	4.86M	-	-
Current Income Taxes Payable	1.38M	1.71M	682K	1.52M	1.79M
Other Current Liabilities	4.14M	2.01M	3.01M	2.58M	3.12M
Total Current Liabilities	74.45M	66.54M	74.36M	34.36M	27.89M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	9.2M	7.77M	6.4M	-	-
Deferred Tax Liability Non Current	-	-	-	492K	356K
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	83.65M	74.3M	80.76M	34.85M	28.25M
Common Stock, Total	41.75K	284K	418K	1.41M	133K
Additional Paid In Capital	66.52M	83.96M	86.41M	91.74M	104M
Retained Earnings	-46.83M	-67.96M	-72.2M	-63.31M	-64.56M
Comprehensive Income and Other	4.35M	1.74M	1.01M	-199K	1.31M
Total Common Equity	24.09M	18.01M	15.64M	29.64M	40.78M
Minority Interest	-1.35M	-1.35M	-1.35M	-	-
Total Equity	22.74M	16.67M	14.29M	29.64M	40.78M
Total Liabilities And Equity	106M	90.97M	95.06M	64.48M	69.03M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	11.62K	39.03K	3.63M
ECS Total Common Shares Outstanding	-	-	11.62K	39.03K	887K
Book Value / Share	-	-	1.35K	759.25	45.96
Tangible Book Value	19.77M	14.13M	11.99M	24.87M	36.31M
Tangible Book Value Per Share	-	-	1.03K	637.13	40.92
Total Debt	48.67M	42.16M	43.47M	10.39M	22.67K
Net Debt	30.12M	23.35M	23.32M	-2.39M	-17.88M
Debt Equivalent Oper. Leases	50.35M	64.76M	60.05M	-	-
Minority Interest, Total (Incl. Fin. Div)	-1.35M	-1.35M	-1.35M	-	-
Equity Method Investments, Total	4.42M	1.68M	4.16K	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	16.02M	15.31M	16.25M	9.76M	8.26M
Buildings, Total	6.58M	-	5.62M	-	-
Machinery, Total	6.68M	-	6.15M	91.6K	51.31K
Full Time Employees	911	885	939	61	64
Part Time Employees	68	53	64	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.48M	2.31M	924K	110K	441K

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-3.19M	-21.14M	-4.23M	10.19M	-1.25M
Depreciation & Amortization - CF	1.09M	606K	5.27M	5.96M	4.02K
Amortization of Goodwill and Intangible Assets - (CF)	108K	92.26K	96.91K	54.79K	360K
Depreciation & Amortization, Total	1.2M	699K	5.37M	6.02M	364K
Amortization of Deferred Charges, Total - (CF)	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	149K	-	-	-	-
Stock-Based Compensation (CF)	-	10.36M	-	-	-
Provision and Write-off of Bad Debts	940K	7.58M	-249K	85.64K	-428K
Other Operating Activities, Total	-6.25K	-252	-14	-24.44K	-79.69K
Change In Accounts Receivable	-2.66M	-2.53M	-1.8M	10.04M	-3.46M
Change In Inventories	1.35M	-321K	-2.54M	64.12K	2.4M
Change In Accounts Payable	-3.56M	1.77M	6M	-21.13M	2.01M
Change In Income Taxes	1.16M	433K	-948K	1.31M	185K
Change in Other Net Operating Assets	-831K	-2.47M	-6.48M	10.44M	-1.13M
Cash from Operations	-5.39M	-3.28M	-3.16M	1.25M	-1.39M
Capital Expenditure	-299K	-299K	-857K	-615K	-449
Cash Acquisitions	-	-	-	4.83M	-
Divestitures	-	-	-	-22.35M	-
Sale (Purchase) of Intangible assets	-7.01K	-12.77K	-66.97K	-	-
Investment in Marketable and Equity Securities, Total	-	-4.38K	-1.12M	-	-
Cash from Investing	-306K	-316K	-2.04M	-18.14M	-449
Short Term Debt Issued, Total	65.37M	57.97M	57.99M	51.69M	14.35M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	65.37M	57.97M	57.99M	51.69M	14.35M
Short Term Debt Repaid, Total	-58.61M	-60.27M	-53.83M	-56.64M	-24.94M
Long-Term Debt Repaid, Total	-2.61M	-1.81M	-	-	-
Total Debt Repaid	-61.22M	-62.09M	-53.83M	-56.64M	-24.94M
Issuance of Common Stock	-	7.32M	2.59M	7.63M	10.88M
Other Financing Activities, Total	689K	-839K	1.26M	-1.17M	-322K
Cash from Financing	4.84M	2.37M	8M	1.51M	-29.71K
Foreign Exchange Rate Adjustments	1.52M	-2.54M	-1.51M	1.05M	797K
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-
Net Change in Cash	667K	-3.77M	1.3M	-14.33M	-627K
Supplemental Items
Cash Interest Paid	262K	64.94K	13.6K	6.29K	67.07K
Cash Income Tax Paid (Refund)	3.96K	63.67K	149K	137K	55.35K
Levered Free Cash Flow	-7.76M	6.05M	3.53M	-18.59M	3.34M
Unlevered Free Cash Flow	-7.6M	6.09M	3.54M	-18.59M	3.38M
Change In Net Working Capital	6.96M	-8.4M	-1.28M	23.34M	-4.18M
Net Debt Issued / Repaid	4.15M	-4.12M	4.16M	-4.95M	-10.59M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	-1.5	-13.25	-2.38	-0.81	-1.75
Return on Total Capital	-2.23	-20.08	-3.79	-1.92	-2.89
Return On Equity %	-13.57	-107.29	-27.35	-6.62	-3.55
Return on Common Equity	-12.81	-100.42	-25.16	-6.45	-3.55
Margin Analysis
Gross Profit Margin %	22.21	23.04	20.13	3.2	3.6
SG&A Margin	23.76	37.1	22.42	4.06	5.01
EBITDA Margin %	-0.82	-13.59	-1.79	0.08	-1.14
EBITA Margin %	-1.48	-14	-2.22	-0.82	-1.14
EBIT Margin %	-1.55	-14.06	-2.29	-0.86	-1.41
Income From Continuing Operations Margin %	-1.95	-14.2	-2.74	-1.21	-0.95
Net Income Margin %	-1.94	-14.2	-2.74	8.5	-0.95
Net Avail. For Common Margin %	-1.94	-14.2	-2.74	-1.22	-0.95
Normalized Net Income Margin	-0.74	-7.74	-1.04	-0.5	-0.64
Levered Free Cash Flow Margin	-4.72	4.06	2.28	-15.49	2.53
Unlevered Free Cash Flow Margin	-4.62	4.09	2.29	-15.49	2.56
Asset Turnover
Asset Turnover	1.55	1.51	1.66	1.5	1.98
Fixed Assets Turnover	7.65	7.69	8.19	13.86K	18.04K
Receivables Turnover (Average Receivables)	10.89	9.65	10.32	7.09	4.39
Inventory Turnover (Average Inventory)	7.52	7.15	7.57	11.94	13.74
Short Term Liquidity
Current Ratio	1.01	0.97	0.94	1.74	2.31
Quick Ratio	0.55	0.54	0.52	1.25	1.99
Operating Cash Flow to Current Liabilities	-0.07	-0.05	-0.04	0.04	-0.05
Days Sales Outstanding (Average Receivables)	33.53	37.84	35.46	51.46	83.24
Days Outstanding Inventory (Average Inventory)	48.51	51.06	48.35	30.57	26.57
Average Days Payable Outstanding	82.19	87.43	85.72	78.33	61.66
Cash Conversion Cycle (Average Days)	-0.16	1.47	-1.91	3.69	48.15
Long Term Solvency
Total Debt/Equity	214.06	252.92	304.16	35.05	0.06
Total Debt / Total Capital	68.16	71.67	75.26	25.96	0.06
LT Debt/Equity	40.45	46.61	44.8	-	-
Long-Term Debt / Total Capital	12.88	13.21	11.09	-	-
Total Liabilities / Total Assets	78.63	81.68	84.96	54.04	40.93
EBIT / Interest Expense	-9.71	-317.75	-259.82	-	-27.82
EBITDA / Interest Expense	18.88	-184.22	348.67	-	-22.4
(EBITDA - Capex) / Interest Expense	17.74	-188.76	285.7	-	-22.41
Total Debt / EBITDA	9.83	-3.47	9.17	2.09	-0.02
Net Debt / EBITDA	6.08	-1.92	4.92	-0.48	11.9
Total Debt / (EBITDA - Capex)	10.47	-3.39	11.19	2.38	-0.02
Net Debt / (EBITDA - Capex)	6.48	-1.88	6	-0.55	11.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.48	-9.48	3.85	-3.24	10.16
Gross Profit, 1 Yr. Growth %	24.88	-6.13	-9.25	-21.31	23.84
EBITDA, 1 Yr. Growth %	-80.56	1.41K	-86.34	-92.65	-1.57K
EBITA, 1 Yr. Growth %	-70.68	754.94	-83.5	-250.57	53.62
EBIT, 1 Yr. Growth %	-70.44	722.18	-83.11	-273.69	80.23
Earnings From Cont. Operations, 1 Yr. Growth %	-61.81	560.92	-79.97	85.08	-14.01
Net Income, 1 Yr. Growth %	-60.69	562.21	-79.97	-340.76	-112.27
Normalized Net Income, 1 Yr. Growth %	-74.83	849.91	-86.09	-222.91	40.68
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	-	-56.43
Accounts Receivable, 1 Yr. Growth %	24.31	-15.64	12.07	362.41	16.74
Inventory, 1 Yr. Growth %	-4.62	-6.87	11.08	10.07	-17.99
Net Property, Plant and Equip., 1 Yr. Growth %	-15.72	-3.23	-1.53	6.61	-35.92
Total Assets, 1 Yr. Growth %	0.07	-14.49	4.49	-32.16	7.04
Tangible Book Value, 1 Yr. Growth %	-7.75	-28.54	-15.12	73.15	46
Common Equity, 1 Yr. Growth %	-6.44	-25.21	-13.18	89.49	37.59
Cash From Operations, 1 Yr. Growth %	8.55K	-39.04	-3.9	-139.54	-211.71
Capital Expenditures, 1 Yr. Growth %	-40.93	-0.06	186.56	-28.18	-99.93
Levered Free Cash Flow, 1 Yr. Growth %	-325.37	-177.92	-41.65	-199.19	-117.96
Unlevered Free Cash Flow, 1 Yr. Growth %	-303.77	-180.14	-41.91	-199.19	-118.18
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	18.37	5.72	-3.04	-0.09	3.24
Gross Profit, 2 Yr. CAGR %	19.61	8.27	-7.7	3.24	-1.28
EBITDA, 2 Yr. CAGR %	-44.23	71.74	46.42	-90.95	4.09
EBITA, 2 Yr. CAGR %	-36.91	55.56	16.22	-72.71	58.97
EBIT, 2 Yr. CAGR %	-36.82	55.91	17.85	-71.95	76.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-29.62	58.87	15.06	-69.7	26.15
Net Income, 2 Yr. CAGR %	-25.9	61.35	15.17	-30.55	-45.66
Normalized Net Income, 2 Yr. CAGR %	-36.31	54.63	14.96	-72.88	31.49
Accounts Receivable, 2 Yr. CAGR %	30.5	2.41	-2.76	40.35	132.34
Inventory, 2 Yr. CAGR %	11.18	-5.75	1.71	-18.79	-4.99
Net Property, Plant and Equip., 2 Yr. CAGR %	-18.15	-9.69	-2.38	-97.83	-17.35
Total Assets, 2 Yr. CAGR %	3.39	-7.5	-5.47	-15.81	-14.78
Tangible Book Value, 2 Yr. CAGR %	10.45	-18.81	-22.12	32.68	59
Common Equity, 2 Yr. CAGR %	8.15	-16.35	-19.42	28.26	61.47
Cash From Operations, 2 Yr. CAGR %	-11.7	626.03	-23.46	-38.36	-33.54
Capital Expenditures, 2 Yr. CAGR %	-53.99	-23.17	69.23	43.46	-97.71
Levered Free Cash Flow, 2 Yr. CAGR %	20.5	32.52	-32.57	30.34	-57.79
Unlevered Free Cash Flow, 2 Yr. CAGR %	24.41	27.79	-31.77	30.34	-57.53
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.19	8.25	5.1	-9.97	3.21
Gross Profit, 3 Yr. CAGR %	13.3	10.33	2.08	-52.81	9.7
EBITDA, 3 Yr. CAGR %	18.85	67.3	-26.15	-57.08	-50.58
EBITA, 3 Yr. CAGR %	55.5	50.42	-26.36	-27.24	-51.45
EBIT, 3 Yr. CAGR %	42.68	48.61	-25.68	-25.9	-47.86
Earnings From Cont. Operations, 3 Yr. CAGR %	34.39	48.48	-20.34	-23.11	-57.1
Net Income, 3 Yr. CAGR %	51.05	53.77	-19.51	47.26	-61.04
Normalized Net Income, 3 Yr. CAGR %	51.61	56.77	-30.71	-20.92	-53.05
Accounts Receivable, 3 Yr. CAGR %	23.57	12.84	5.53	18.45	31.99
Inventory, 3 Yr. CAGR %	1.42	4.81	-0.45	-15	-18.52
Net Property, Plant and Equip., 3 Yr. CAGR %	31.09	-13.45	-7.05	-92.31	-93.31
Total Assets, 3 Yr. CAGR %	13.52	-2.95	-3.66	-15.37	-8.79
Tangible Book Value, 3 Yr. CAGR %	13.65	-4.47	-17.6	7.95	36.98
Common Equity, 3 Yr. CAGR %	9.86	-4.36	-15.3	7.16	31.3
Cash From Operations, 3 Yr. CAGR %	-1.31	-21.96	270.01	-38.58	-24.84
Capital Expenditures, 3 Yr. CAGR %	-65.49	-40.41	19.16	27.18	-88.55
Levered Free Cash Flow, 3 Yr. CAGR %	-13.49	4.2	0.81	33.8	-32.68
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.1	7.45	-1.74	34.75	-32.4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.07	9.14	7.52	0.45	-0.15
Gross Profit, 5 Yr. CAGR %	17.04	11.24	4.38	-31.54	-30.46
EBITDA, 5 Yr. CAGR %	-12.8	6.08	28.12	-52.73	-26.19
EBITA, 5 Yr. CAGR %	-9.22	5	39.61	-30.67	-29.43
EBIT, 5 Yr. CAGR %	-8.56	4.95	32.18	-30.48	-26.35
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.74	4.38	26.3	-25.78	-31.64
Net Income, 5 Yr. CAGR %	-10.77	4.38	35.52	11.89	-31.21
Normalized Net Income, 5 Yr. CAGR %	-10.84	3.65	35.73	-27.48	-29.42
Accounts Receivable, 5 Yr. CAGR %	13.68	10.42	12.27	23.13	19.25
Inventory, 5 Yr. CAGR %	1.47	-1.75	1.53	-5.36	-13.64
Net Property, Plant and Equip., 5 Yr. CAGR %	35.76	46.25	16.51	-80.2	-81.04
Total Assets, 5 Yr. CAGR %	9.63	4.27	5.5	-8.31	-8.27
Tangible Book Value, 5 Yr. CAGR %	-2.79	0.81	-2.29	8.95	11.12
Common Equity, 5 Yr. CAGR %	-2.01	-0.92	-2.95	7.55	9.64
Cash From Operations, 5 Yr. CAGR %	28.13	9.67	-10.85	-28.98	86.19
Capital Expenditures, 5 Yr. CAGR %	-6.17	-29.87	-34.82	-15.32	-75.48
Levered Free Cash Flow, 5 Yr. CAGR %	0.23	0.54	-21.7	28.31	-0.62
Unlevered Free Cash Flow, 5 Yr. CAGR %	-0.2	0.68	-21.66	30.51	-1.94