Ridgetech (RDGT) Financials
Ticker history: CJJD became RDGT (Ridgetech, Inc.) on . Earlier news and filings retain their original names and dates. View CJJD history.
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 4, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RDGT SEC filings page.
Ridgetech, Inc. (RDGT) reported $132.2M in revenue for fiscal year 2026, up 10.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 (20-F and 6-K reports).
FY2026 revenue recovery still produced losses because thin margins leave little operating profit after costs.
The FY2025 net profit of$10.2M produced operating cash flow of only$1.2M , exposing a wide gap between accounting earnings and cash realized. That earnings-quality test did not persist: FY2026 swung to an operating cash outflow of$1.4M alongside a net loss of$1.3M .
Balance-sheet structure improved: liabilities fell
FY2026 revenue grew
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ridgetech, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ridgetech, Inc. held $17.9M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $1.4M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Ridgetech, Inc. scores 96/100 among other emerging companies.
Ridgetech, Inc. had 133M shares outstanding at the end of fiscal year 2026. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Ridgetech, Inc. scores 1/100 among other emerging companies.
Not available for Ridgetech, Inc., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Ridgetech, Inc. reported revenue of $132.2M in fiscal year 2026, against $120.0M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Ridgetech, Inc. scores 47/100 among other emerging companies.
Ridgetech, Inc.'s operations used $1.4M of cash in fiscal year 2026, against $1.2M generated in fiscal year 2025. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Ridgetech, Inc. scores 77/100 among other emerging companies.
Ridgetech, Inc.'s cash, cash equivalents and investments came to $17.9M at the end of fiscal year 2026, against $28.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Ridgetech, Inc. scores 49/100 among other emerging companies.
Ridgetech, Inc. scores 1.21, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $64.6M against total assets of $69.0M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ridgetech, Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Ridgetech, Inc. reported a net loss of $1.3M while operations used $1.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Ridgetech, Inc. reported an operating loss of $1.9M against $67K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Ridgetech, Inc. generated $132.2M in revenue in fiscal year 2026. This represents an increase of 10.2% from the prior year.
Ridgetech, Inc.'s EBITDA was -$1.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1574.3% from the prior year.
Ridgetech, Inc. reported a net loss of $1.3M in fiscal year 2026. This represents a decrease of 112.3% from the prior year.
Cash & Balance Sheet
Ridgetech, Inc. recorded an outflow of $1.4M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents a decrease of 227.6% from the prior year.
Ridgetech, Inc. held $17.9M in cash as of fiscal year 2026; no long-term debt figure is on record for that period.
Not reported for fiscal year 2026.
Margins & Returns
Ridgetech, Inc.'s gross margin was 3.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.
Ridgetech, Inc.'s operating margin was -1.4% in fiscal year 2026, reflecting core business profitability. This is down 0.5 percentage points from the prior year.
Ridgetech, Inc.'s net profit margin was -0.9% in fiscal year 2026, showing the share of revenue converted to profit. This is down 9.4 percentage points from the prior year.
Ridgetech, Inc.'s ROE was -3.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 37.5 percentage points from the prior year.
Capital Allocation
Ridgetech, Inc. invested $449 in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 99.7% from the prior year.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
RDGT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|---|
| Revenue | $132.2M+10.2% | $120.0M-3.2% | $124.0M+3.2% | $120.2M-26.9% | $164.4M+23.5% | $133.1M+13.5% | $117.3M |
| Cost of Revenue | $127.4M+9.7% | $116.1M-2.5% | $119.1M+2.2% | $116.6M-8.8% | $127.9M+23.1% | $103.9M+13.2% | $91.8M |
| Gross Profit | $4.8M+23.8% | $3.8M-21.3% | $4.9M+35.5% | $3.6M-90.1% | $36.5M+24.9% | $29.2M+14.6% | $25.5M |
| SG&A Expenses | $6.6M+35.8% | $4.9M+13.8% | $4.3M-33.1% | $6.4M-83.6% | $39.1M+15.2% | $33.9M+6.3% | $31.9M |
| Operating Income | -$1.9Mn/m | -$1.0M-273.7% | $596Kn/m | -$13.2Mn/m | -$2.7Mn/m | -$8.8Mn/m | -$7.0M |
| EBITDA | -$1.5M-1574.3% | $102K-92.7% | $1.4Mn/m | -$12.4Mn/m | -$1.4Mn/m | -$7.1Mn/m | -$4.9M |
| Interest Expense | $67Kn/m | -$93Kn/m | -$198Kn/m | -$32K-112.0% | $262K-42.4% | $455K-34.8% | $699K |
| Income Tax | -$99K-119.7% | $504Kn/m | -$41K-110.5% | $395K-64.1% | $1.1M+3376.0% | $32K+94.6% | $16K |
| Net Income | -$1.3M-112.3% | $10.2Mn/m | -$4.2Mn/m | -$21.1Mn/m | -$3.2Mn/m | -$8.1Mn/m | -$5.8M |
| EPS (Basic) | -$17.21 | $275.87 | -$439.78 | -$41.46 | -$18.35 | -$2.39n/m | -$2.16 |
| EPS (Diluted) | -$17.21 | $275.87 | -$439.78 | -$41.46 | -$18.35 | -$2.39n/m | -$2.16 |
| Diluted Shares (Avg) | 72,668 | 36,954 | 9,628 | 509,828 | 173,966 | 3M+24.3% | 3M |
Not reported in any period shown, so not listed: R&D Expenses.
RDGT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|---|
| Total Assets | $69.0M+7.0% | $64.5M-32.2% | $95.1M+4.5% | $91.0M-14.5% | $106.4M+0.1% | $106.3M | N/A |
| Current Assets | $64.6M+8.1% | $59.7M-14.3% | $69.7M+8.1% | $64.5M-14.4% | $75.4M+4.3% | $72.2M | N/A |
| Cash & Equivalents | $17.9M+40.1% | $12.8M+456.3% | $2.3M-87.8% | $18.8M+1.9% | $18.5M-16.3% | $22.0M-28.8% | $31.0M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | $8.3M-15.4% | $9.8M+7.5% | $9.1M-40.7% | $15.3M-4.4% | $16.0M-5.6% | $17.0M | N/A |
| Accounts Receivable | $32.5M+16.7% | $27.8M+362.4% | $6.0M-57.4% | $14.1M-15.6% | $16.7M+24.7% | $13.4M | N/A |
| Long-Term Investments | $0n/m | $0-100.0% | $1.2M-32.6% | $1.8M-60.8% | $4.5M+13.4% | $4.0Mn/m | $0 |
| Goodwill | $1.5M0.0% | $1.5M | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $28.3M-18.9% | $34.8M-56.9% | $80.8M+8.7% | $74.3M-11.2% | $83.6M+2.1% | $81.9M | N/A |
| Current Liabilities | $27.9M-18.8% | $34.4M-53.8% | $74.4M+11.8% | $66.5M-10.6% | $74.4M+14.7% | $64.9M | N/A |
| Non-Current Liabilities | $356K-27.6% | $492K-92.3% | $6.4M-17.6% | $7.8M-15.5% | $9.2M-45.9% | $17.0M | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $1.9M | N/A |
| Total Equity | $40.8M+37.6% | $29.6M+89.5% | $15.6M-13.2% | $18.0M-25.2% | $24.1M-6.4% | $25.7M | N/A |
| Retained Earnings | -$64.6Mn/m | -$63.3Mn/m | -$73.5Mn/m | -$69.3Mn/m | -$48.1Mn/m | -$44.9M | N/A |
RDGT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4M-211.7% | $1.2Mn/m | -$3.2Mn/m | -$3.3Mn/m | -$5.4Mn/m | -$62Kn/m | -$6.9M |
| Depreciation & Amortization | $364K-68.0% | $1.1M+43.9% | $790K+10.1% | $718K-42.9% | $1.3M-28.2% | $1.8M-15.9% | $2.1M |
| Stock-Based Compensation | N/A | N/A | N/A | $10.4M | N/A | $3.9M+11305.1% | $35K |
| Capital Expenditures | $449-99.7% | $155K-53.0% | $331K+179.6% | $118K+31.5% | $90K-29.0% | $127K-80.7% | $656K |
| Free Cash Flow | -$1.4M-227.6% | $1.1Mn/m | -$3.5Mn/m | -$3.4Mn/m | -$5.5Mn/m | -$189Kn/m | -$7.6M |
| Investing Cash Flow | -$449n/m | -$18.1Mn/m | -$2.0Mn/m | -$316Kn/m | -$306Kn/m | -$2.0Mn/m | -$4.8M |
| Financing Cash Flow | -$30K-102.0% | $1.5M-81.2% | $8.0M+238.3% | $2.4M-51.1% | $4.8M+57.0% | $3.1M-83.8% | $19.0M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
RDGT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F |
|---|---|---|---|---|---|---|---|
| Gross Margin | 3.6%+0.4pp | 3.2%-0.7pp | 3.9%+0.9pp | 3.0%-19.2pp | 22.2%+0.2pp | 22.0%+0.2pp | 21.8% |
| Operating Margin | -1.4%-0.5pp | -0.9%-1.3pp | 0.5%+11.4pp | -10.9%-9.3pp | -1.6%+5.0pp | -6.6%-0.7pp | -6.0% |
| Net Margin | -0.9%-9.4pp | 8.5%+11.9pp | -3.4%+14.2pp | -17.6%-15.7pp | -1.9%+4.2pp | -6.1%-1.1pp | -5.0% |
| Return on Equity | -3.1%-37.5pp | 34.4%+61.5pp | -27.1%+90.3pp | -117.3%-104.1pp | -13.3%+18.3pp | -31.5% | N/A |
| Return on Assets | -1.8%-17.6pp | 15.8%+20.3pp | -4.5%+18.8pp | -23.2%-20.2pp | -3.0%+4.6pp | -7.6% | N/A |
| Current Ratio | 2.31+0.6x | 1.74+0.8x | 0.940.0x | 0.970.0x | 1.01-0.1x | 1.11 | N/A |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | 0.07 | N/A |
| Liabilities-to-Equity | 0.69-0.5x | 1.18-4.0x | 5.16+1.0x | 4.12+0.7x | 3.47+0.3x | 3.18 | N/A |
| Asset Turnover | 1.91+0.1x | 1.86+0.6x | 1.300.0x | 1.32-0.2x | 1.55+0.3x | 1.25 | N/A |
| FCF Margin | -1.1%-2.0pp | 0.9%+3.7pp | -2.8%0.0pp | -2.8%+0.5pp | -3.3%-3.2pp | -0.1%+6.3pp | -6.5% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ridgetech, Inc. RDGT | FY2026 | $132.2M | -$1.3M | -0.9% | $2.8M | 54/100 |
| Pomdoctor Limited POM | FY2025 | $57.2M | -$18.7M | -32.7% | $4.3M | 19/100 |
| Scienture Holdings, Inc. SCNX | FY2025 | $432K | -$41.5M | N/A | $5.6M | — |
| PetMed Express, Inc. PETS | FY2026 | $179.0M | -$57.3M | -32.0% | $26.9M | 43/100 |
| High Tide Inc. HITI | FY2025 | $424.0M | -$36.2M | -8.5% | $250.5M | 49/100 |
| Silo Pharma, Inc. SILO | FY2025 | $72K | -$4.2M | N/A | $2.9M | — |
Where Ridgetech, Inc. Ranks
Frequently Asked Questions
Ridgetech, Inc. (RDGT) reported $132.2M in total revenue for fiscal year 2026. This represents a 10.2% 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.
Ridgetech, Inc. (RDGT) revenue grew by 10.2% year-over-year, from $120.0M to $132.2M in fiscal year 2026.
No, Ridgetech, Inc. (RDGT) reported a net loss of $1.3M in fiscal year 2026, with a net profit margin of -0.9%.
Ridgetech, Inc. (RDGT) had EBITDA of -$1.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
Ridgetech, Inc. (RDGT) had a gross margin of 3.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
Ridgetech, Inc. (RDGT) had an operating margin of -1.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
Ridgetech, Inc. (RDGT) had a net profit margin of -0.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Ridgetech, Inc. (RDGT) has a return on equity of -3.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
Ridgetech, Inc. (RDGT) recorded an outflow of $1.4M in free cash flow during fiscal year 2026. This represents a -227.6% 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.
Ridgetech, Inc. (RDGT) recorded an outflow of $1.4M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
Ridgetech, Inc. (RDGT) had $69.0M in total assets as of fiscal year 2026, including both current and long-term assets.
Ridgetech, Inc. (RDGT) invested $449 in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
Ridgetech, Inc. (RDGT) had a current ratio of 2.31 as of fiscal year 2026, which is generally considered healthy.
Ridgetech, Inc. (RDGT) had a liabilities-to-equity ratio of 0.69 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
Ridgetech, Inc. (RDGT) had a return on assets of -1.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Ridgetech, Inc. (RDGT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $2.8M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Ridgetech, Inc. (RDGT) trades at 0.0x sales, its market capitalization divided by $132.2M revenue, FY2026. The market capitalization is $2.8M as of Nov 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Ridgetech, Inc. (RDGT) has an Altman Z-Score of 1.21, placing it in the Distress Zone (elevated 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.
Ridgetech, Inc. (RDGT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Ridgetech, Inc. (RDGT) reported a net loss of $1.3M while operations used $1.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Ridgetech, Inc. (RDGT) reported an operating loss of $1.9M against $67K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.
Ridgetech, Inc. (RDGT) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Ridgetech, Inc. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.