Luda Technology Group Limited (LUD)

Luda Technology Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	51.26	51.43	49.85	34.14
Revenue Growth (YoY)	-3.08%	3.16%	46.01%	-
Cost of Revenue	39.11	40.53	39.57	27.01
Gross Profit	12.16	10.89	10.29	7.13
Selling, General & Admin	8.44	5.58	4.74	3.72
Research & Development	1.43	1.36	1.55	1.01
Other Operating Expenses	0.08	0.08	0.18	-
Operating Expenses	9.95	7.02	6.46	4.73
Operating Income	2.21	3.87	3.82	2.41
Interest Expense	-0.49	-0.41	-0.34	-0.29
Other Non Operating Income (Expenses)	0.3	0.02	0.09	0.02
EBT Excluding Unusual Items	2.02	3.48	3.57	2.13
Other Unusual Items	0.02	-	-	4.01
Pretax Income	2.03	3.48	3.57	6.14
Income Tax Expense	0.21	0.45	0.5	1.2
Net Income	1.83	3.03	3.07	4.94
Net Income to Common	1.83	3.03	3.07	4.94
Net Income Growth	-55.10%	-1.13%	-37.92%	-
Shares Outstanding (Basic)	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20
EPS (Basic)	0.09	0.15	0.15	0.25
EPS (Diluted)	0.09	0.15	0.15	0.25
EPS Growth	-55.10%	-1.13%	-37.92%	-
Free Cash Flow	2.12	1.57	-1.46	0.85
Free Cash Flow Per Share	0.11	0.08	-0.07	0.04
Gross Margin	23.71%	21.19%	20.63%	20.90%
Operating Margin	4.30%	7.53%	7.67%	7.05%
Profit Margin	3.56%	5.90%	6.15%	14.47%
Free Cash Flow Margin	4.14%	3.06%	-2.94%	2.49%
EBITDA	2.69	4.34	4.26	2.89
EBITDA Margin	5.24%	8.44%	8.54%	8.45%
D&A For EBITDA	0.48	0.47	0.43	0.48
EBIT	2.21	3.87	3.82	2.41
EBIT Margin	4.30%	7.53%	7.67%	7.05%
Effective Tax Rate	10.16%	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