Ludwig Enterprises Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	-	0	-	-	-	-
Revenue	-	0	-	-	-	-
Gross Profit	-	0	-	-	-	-
Selling, General & Admin	1.48	1.13	0.96	0.45	0.05	0.03
Research & Development	0.28	0.17	0.41	0.11	-	-
Operating Expenses	1.76	1.3	1.38	0.56	0.05	0.03
Operating Income	-1.76	-1.3	-1.38	-0.56	-0.05	-0.03
Interest Expense	-	-0.07	-0.49	-0.45	-0.09	-0.02
Interest & Investment Income	0.29	-	-	-	-	-
Other Non Operating Income (Expenses)	0.13	-0.68	-	-	-	-
EBT Excluding Unusual Items	-1.34	-2.05	-1.86	-1.01	-0.14	-0.05
Other Unusual Items	-0.22	-1	-0.52	0.04	-	-
Pretax Income	-1.56	-3.05	-2.38	-0.97	-0.14	-0.05
Earnings From Continuing Operations	-1.56	-3.05	-2.38	-0.97	-0.14	-0.05
Earnings From Discontinued Operations	0.25	0.03	-0.08	-	-	-
Net Income	-1.32	-3.02	-2.46	-0.97	-0.14	-0.05
Net Income to Common	-1.32	-3.02	-2.46	-0.97	-0.14	-0.05
Shares Outstanding (Basic)	161	159	287	314	331	336
Shares Outstanding (Diluted)	161	159	287	314	331	336
Shares Change (YoY)	-14.64%	-44.65%	-8.66%	-5.28%	-1.37%	-
EPS (Basic)	-0.01	-0.02	-0.01	-0.00	-0.00	-0.00
EPS (Diluted)	-0.01	-0.02	-0.01	-0.00	-0.00	-0.00
Gross Margin	-	100.00%	-	-	-	-
Operating Margin	-	-598243.78%	-	-	-	-
Profit Margin	-	-1390269.12%	-	-	-	-
EBIT	-1.76	-1.3	-1.38	-0.56	-0.05	-0.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.