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	2015 - 2019
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	2015 - 2019
Operating Revenue	-	0	-	-	-	-	Upgrade
Revenue	-	0	-	-	-	-	Upgrade
Gross Profit	-	0	-	-	-	-	Upgrade
Selling, General & Admin	1.48	1.13	0.96	0.45	0.05	0.03	Upgrade
Research & Development	0.28	0.17	0.41	0.11	-	-	Upgrade
Operating Expenses	1.76	1.3	1.38	0.56	0.05	0.03	Upgrade
Operating Income	-1.76	-1.3	-1.38	-0.56	-0.05	-0.03	Upgrade
Interest Expense	-	-0.07	-0.49	-0.45	-0.09	-0.02	Upgrade
Interest & Investment Income	0.29	-	-	-	-	-	Upgrade
Other Non Operating Income (Expenses)	0.13	-0.68	-	-	-	-	Upgrade
EBT Excluding Unusual Items	-1.34	-2.05	-1.86	-1.01	-0.14	-0.05	Upgrade
Other Unusual Items	-0.22	-1	-0.52	0.04	-	-	Upgrade
Pretax Income	-1.56	-3.05	-2.38	-0.97	-0.14	-0.05	Upgrade
Earnings From Continuing Operations	-1.56	-3.05	-2.38	-0.97	-0.14	-0.05	Upgrade
Earnings From Discontinued Operations	0.25	0.03	-0.08	-	-	-	Upgrade
Net Income	-1.32	-3.02	-2.46	-0.97	-0.14	-0.05	Upgrade
Net Income to Common	-1.32	-3.02	-2.46	-0.97	-0.14	-0.05	Upgrade
Shares Outstanding (Basic)	161	159	287	314	331	336	Upgrade
Shares Outstanding (Diluted)	161	159	287	314	331	336	Upgrade
Shares Change (YoY)	-14.64%	-44.65%	-8.66%	-5.28%	-1.37%	-	Upgrade
EPS (Basic)	-0.01	-0.02	-0.01	-0.00	-0.00	-0.00	Upgrade
EPS (Diluted)	-0.01	-0.02	-0.01	-0.00	-0.00	-0.00	Upgrade
Gross Margin	-	100.00%	-	-	-	-	Upgrade
Operating Margin	-	-598243.78%	-	-	-	-	Upgrade
Profit Margin	-	-1390269.12%	-	-	-	-	Upgrade
EBIT	-1.76	-1.3	-1.38	-0.56	-0.05	-0.03	Upgrade

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