Ludwig Enterprises Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	-	0	-	-	-
Revenue	-	0	-	-	-
Gross Profit	-	0	-	-	-
Selling, General & Admin	1.54	1.13	0.96	0.45	0.05
Research & Development	0.23	0.17	0.41	0.11	-
Operating Expenses	1.77	1.3	1.38	0.56	0.05
Operating Income	-1.77	-1.3	-1.38	-0.56	-0.05
Interest Expense	-0.89	-0.07	-0.49	-0.45	-0.09
Interest & Investment Income	0.01	-	-	-	-
Other Non Operating Income (Expenses)	0.54	-0.68	-	-	-
EBT Excluding Unusual Items	-2.12	-2.05	-1.86	-1.01	-0.14
Other Unusual Items	-0.12	-1	-0.52	0.04	-
Pretax Income	-2.24	-3.05	-2.38	-0.97	-0.14
Earnings From Continuing Operations	-2.24	-3.05	-2.38	-0.97	-0.14
Earnings From Discontinued Operations	-	0.03	-0.08	-	-
Net Income	-2.24	-3.02	-2.46	-0.97	-0.14
Net Income to Common	-2.24	-3.02	-2.46	-0.97	-0.14
Shares Outstanding (Basic)	162	159	287	314	331
Shares Outstanding (Diluted)	162	159	287	314	331
Shares Change (YoY)	2.03%	-44.65%	-8.66%	-5.28%	-1.37%
EPS (Basic)	-0.01	-0.02	-0.01	-0.00	-0.00
EPS (Diluted)	-0.01	-0.02	-0.01	-0.00	-0.00
Gross Margin	-	100.00%	-	-	-
Operating Margin	-	-598243.78%	-	-	-
Profit Margin	-	-1390269.12%	-	-	-
EBIT	-1.77	-1.3	-1.38	-0.56	-0.05

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