Luda Technology Group Balance Sheet

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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6.16	8.13	8.08	4.12	5.45
Short-Term Investments	10.84	1.68	0.28	0.64	0.08
Cash & Short-Term Investments	17.01	9.81	8.36	4.76	5.53
Cash Growth	127.38%	17.39%	75.56%	-13.94%	-
Accounts Receivable	17.61	15.14	22.32	22.27	15.24
Other Receivables	-	0.12	0.12	0.03	0.03
Receivables	17.61	15.26	22.44	22.3	15.27
Inventory	3.95	4.87	5.58	5.59	4.63
Prepaid Expenses	0.5	0.07	0.03	0.04	0.06
Restricted Cash	0.19	0.2	0.31	0.16	0.17
Other Current Assets	0.64	1.65	2.79	1	0.29
Total Current Assets	39.9	31.85	39.51	33.85	25.95
Property, Plant & Equipment	5.12	5.12	4.66	3.47	3.72
Other Intangible Assets	0.7	0.7	0.74	0.78	0.87
Long-Term Accounts Receivable	0.44	0.67	0.93	1.03	0.46
Long-Term Deferred Tax Assets	0.63	0.55	0.56	0.35	0.26
Other Long-Term Assets	0.28	0.41	0.29	0.14	0.59
Total Assets	47.07	39.31	46.7	39.63	31.86
Accounts Payable	10.07	8.67	12.22	11.87	6.26
Accrued Expenses	-	3.76	2.61	2.73	3
Short-Term Debt	12.25	11.52	9.87	5.75	6.28
Current Portion of Long-Term Debt	-	0.16	1.31	0.25	0.22
Current Income Taxes Payable	0	0	0	0.38	0.65
Current Unearned Revenue	0.2	0.22	0.23	0.22	0.4
Other Current Liabilities	2.97	1.52	2.51	1.39	0.37
Total Current Liabilities	25.49	25.85	28.75	22.6	17.17
Long-Term Debt	0.57	0.61	0.76	2.1	1.32
Long-Term Deferred Tax Liabilities	0.18	0.18	0.44	0.41	0.25
Total Liabilities	26.24	26.64	29.95	25.1	18.74
Common Stock	0.73	0.64	0.64	0.64	0.64
Retained Earnings	13.2	13.63	17.36	14.58	11.87
Comprehensive Income & Other	-1.39	-1.6	-1.26	-0.69	0.6
Shareholders' Equity	20.83	12.66	16.75	14.53	13.12
Total Liabilities & Equity	47.07	39.31	46.7	39.63	31.86
Total Debt	12.82	12.29	11.94	8.1	7.81
Net Cash (Debt)	4.19	-2.48	-3.58	-3.34	-2.28
Net Cash Per Share	0.20	-0.12	-0.18	-0.17	-0.11
Filing Date Shares Outstanding	22.69	22.69	22.5	20	20
Total Common Shares Outstanding	22.69	20	20	20	20
Working Capital	14.41	6	10.76	11.25	8.78
Book Value Per Share	0.92	0.63	0.84	0.73	0.66
Tangible Book Value	20.13	11.96	16.01	13.74	12.24
Tangible Book Value Per Share	0.89	0.60	0.80	0.69	0.61
Buildings	-	2.65	2.62	3.15	3.18
Machinery	-	6.33	5.11	4.33	4.42
Construction In Progress	-	0.7	1.22	-	-
Leasehold Improvements	-	-	-	-	0.11

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q