Luda Technology Group Limited (LUD)

Luda Technology Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	44.86	51.43	49.85	34.14
Revenue Growth (YoY)	-12.77%	3.16%	46.01%	-
Cost of Revenue	33.46	40.53	39.57	27.01
Gross Profit	11.41	10.89	10.29	7.13
Selling, General & Admin	9.47	5.58	4.74	3.72
Research & Development	1.38	1.36	1.55	1.01
Other Operating Expenses	0.09	0.08	0.18	-
Operating Expenses	10.95	7.02	6.46	4.73
Operating Income	0.46	3.87	3.82	2.41
Interest Expense	-0.56	-0.41	-0.34	-0.29
Other Non Operating Income (Expenses)	0.39	0.03	0.09	0.02
EBT Excluding Unusual Items	0.29	3.49	3.57	2.13
Gain (Loss) on Sale of Investments	-0.4	0	-0	-
Gain (Loss) on Sale of Assets	0.01	-0.01	-	-
Other Unusual Items	-	-	-	4.01
Pretax Income	-0.1	3.48	3.57	6.14
Income Tax Expense	0.26	0.45	0.5	1.2
Net Income	-0.36	3.03	3.07	4.94
Net Income to Common	-0.36	3.03	3.07	4.94
Net Income Growth	-	-1.13%	-37.92%	-
Shares Outstanding (Basic)	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20
EPS (Basic)	-0.02	0.15	0.15	0.25
EPS (Diluted)	-0.02	0.15	0.15	0.25
EPS Growth	-	-1.13%	-37.92%	-
Free Cash Flow	4.38	1.57	-1.46	0.85
Free Cash Flow Per Share	0.22	0.08	-0.07	0.04
Gross Margin	25.42%	21.19%	20.63%	20.90%
Operating Margin	1.02%	7.53%	7.67%	7.05%
Profit Margin	-0.80%	5.90%	6.15%	14.47%
Free Cash Flow Margin	9.76%	3.06%	-2.94%	2.49%
EBITDA	0.94	4.34	4.26	2.89
EBITDA Margin	2.09%	8.44%	8.54%	8.45%
D&A For EBITDA	0.48	0.47	0.43	0.48
EBIT	0.46	3.87	3.82	2.41
EBIT Margin	1.02%	7.53%	7.67%	7.05%
Effective Tax Rate	-	12.84%	14.05%	19.59%

Updated Dec 6, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q