Luda Technology Group Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Luda Technology Group has an operating margin of 1.0%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 5/100, suggesting thin profitability after operating expenses. This is down from 7.5% the prior year.
Luda Technology Group's revenue declined 12.8% year-over-year, from $51.4M to $44.9M. This contraction results in a growth score of 0/100.
Luda Technology Group has a moderate D/E ratio of 2.10. This balance of debt and equity financing earns a leverage score of 33/100.
Luda Technology Group's current ratio of 1.23 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 29/100, which could limit financial flexibility.
Luda Technology Group has a free cash flow margin of 9.8%, earning a moderate score of 49/100. The company generates positive cash flow after capital investments, but with room for improvement.
Luda Technology Group scores 5.05, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($145.9M) relative to total liabilities ($26.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Luda Technology Group passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Luda Technology Group generates $-15.12 in operating cash flow ($5.5M OCF vs -$361K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Luda Technology Group earns $0.9 in operating income for every $1 of interest expense ($456K vs $530K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Luda Technology Group (LUD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Luda Technology Group generated $44.9M in revenue in fiscal year 2024. This represents a decrease of 12.8% from the prior year.
Luda Technology Group's EBITDA was $594K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 85.0% from the prior year.
Luda Technology Group generated $4.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 178.2% from the prior year.
Luda Technology Group reported -$361K in net income in fiscal year 2024. This represents a decrease of 111.9% from the prior year.
Luda Technology Group earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 113.3% from the prior year.
Luda Technology Group held $8.1M in cash against $0 in long-term debt as of fiscal year 2024.
Luda Technology Group had 20M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Luda Technology Group's gross margin was 25.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 4.2 percentage points from the prior year.
Luda Technology Group's operating margin was 1.0% in fiscal year 2024, reflecting core business profitability. This is down 6.5 percentage points from the prior year.
Luda Technology Group's net profit margin was -0.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 6.7 percentage points from the prior year.
Luda Technology Group invested $1.4M in research and development in fiscal year 2024. This represents an increase of 1.4% from the prior year.
Luda Technology Group invested $1.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 38.7% from the prior year.
LUD Income Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
LUD Balance Sheet
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Total Assets | $39.3M-15.8% | $46.7M |
| Current Assets | $31.9M-19.4% | $39.5M |
| Cash & Equivalents | $8.1M+0.6% | $8.1M |
| Inventory | $4.9M-12.7% | $5.6M |
| Accounts Receivable | $13.2M-20.7% | $16.6M |
| Goodwill | N/A | N/A |
| Total Liabilities | $26.6M-11.0% | $30.0M |
| Current Liabilities | $25.9M-10.1% | $28.7M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $12.7M-24.4% | $16.7M |
| Retained Earnings | $11.4M-25.4% | $15.2M |
LUD Cash Flow Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
LUD Financial Ratios
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 1.23-0.1 | 1.37 |
| Debt-to-Equity | 2.10+0.3 | 1.79 |
| FCF Margin | N/A | N/A |
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Frequently Asked Questions
What is Luda Technology Group's annual revenue?
Luda Technology Group (LUD) reported $44.9M in total revenue for fiscal year 2024. This represents a -12.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Luda Technology Group's revenue growing?
Luda Technology Group (LUD) revenue declined by 12.8% year-over-year, from $51.4M to $44.9M in fiscal year 2024.
Is Luda Technology Group profitable?
No, Luda Technology Group (LUD) reported a net income of -$361K in fiscal year 2024, with a net profit margin of -0.8%.
What is Luda Technology Group's earnings per share (EPS)?
Luda Technology Group (LUD) reported diluted earnings per share of $-0.02 for fiscal year 2024. This represents a -113.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Luda Technology Group's EBITDA?
Luda Technology Group (LUD) had EBITDA of $594K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Luda Technology Group's gross margin?
Luda Technology Group (LUD) had a gross margin of 25.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Luda Technology Group's operating margin?
Luda Technology Group (LUD) had an operating margin of 1.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Luda Technology Group's net profit margin?
Luda Technology Group (LUD) had a net profit margin of -0.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Luda Technology Group's free cash flow?
Luda Technology Group (LUD) generated $4.4M in free cash flow during fiscal year 2024. This represents a 178.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Luda Technology Group's operating cash flow?
Luda Technology Group (LUD) generated $5.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Luda Technology Group's total assets?
Luda Technology Group (LUD) had $39.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Luda Technology Group's capital expenditures?
Luda Technology Group (LUD) invested $1.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Luda Technology Group spend on research and development?
Luda Technology Group (LUD) invested $1.4M in research and development during fiscal year 2024.
How many shares does Luda Technology Group have outstanding?
Luda Technology Group (LUD) had 20M shares outstanding as of fiscal year 2024.
What is Luda Technology Group's current ratio?
Luda Technology Group (LUD) had a current ratio of 1.23 as of fiscal year 2024, which is considered adequate.
What is Luda Technology Group's debt-to-equity ratio?
Luda Technology Group (LUD) had a debt-to-equity ratio of 2.10 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Luda Technology Group's return on assets (ROA)?
Luda Technology Group (LUD) had a return on assets of -0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Luda Technology Group's Altman Z-Score?
Luda Technology Group (LUD) has an Altman Z-Score of 5.05, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Luda Technology Group's Piotroski F-Score?
Luda Technology Group (LUD) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Luda Technology Group's earnings high quality?
Luda Technology Group (LUD) has an earnings quality ratio of -15.12x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Luda Technology Group cover its interest payments?
Luda Technology Group (LUD) has an interest coverage ratio of 0.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Luda Technology Group?
Luda Technology Group (LUD) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.