Luda Technology Group Limited (LUD)

Luda Technology Group Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4.52	8.13	8.08	4.12	5.45
Short-Term Investments	5.73	1.39	0.28	0.64	0.08
Cash & Short-Term Investments	10.25	9.52	8.36	4.76	5.53
Cash Growth	7.62%	13.92%	75.56%	-13.94%	-
Accounts Receivable	15.67	15.14	22.32	22.27	15.24
Other Receivables	8.22	-	0.12	0.03	0.03
Receivables	23.89	15.14	22.44	22.3	15.27
Inventory	4.7	4.87	5.58	5.59	4.63
Prepaid Expenses	0.44	0.48	0.03	0.04	0.06
Restricted Cash	0.08	0.2	0.31	0.16	0.17
Other Current Assets	0.63	1.64	2.79	1	0.29
Total Current Assets	39.99	31.85	39.51	33.85	25.95
Property, Plant & Equipment	5.46	5.12	4.66	3.47	3.72
Other Intangible Assets	0.71	0.7	0.74	0.78	0.87
Long-Term Accounts Receivable	1.83	0.67	0.93	1.03	0.46
Long-Term Deferred Tax Assets	0.62	0.55	0.56	0.35	0.26
Other Long-Term Assets	0.5	0.41	0.29	0.14	0.59
Total Assets	49.13	39.31	46.7	39.63	31.86

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	10.57	8.67	12.22	11.87	6.26
Accrued Expenses	1.93	3.76	2.61	2.73	3
Short-Term Debt	9.24	11.52	9.87	5.75	6.28
Current Portion of Long-Term Debt	1.66	0.16	1.31	0.25	0.22
Current Portion of Leases	0.29	-	-	-	-
Current Income Taxes Payable	0	0	0	0.38	0.65
Current Unearned Revenue	0.13	0.22	0.23	0.22	0.4
Other Current Liabilities	0.72	1.52	2.51	1.39	0.37
Total Current Liabilities	24.54	25.85	28.75	22.6	17.17
Long-Term Debt	1.77	0.61	0.76	2.1	1.32
Long-Term Leases	0.23	-	-	-	-
Long-Term Deferred Tax Liabilities	0.37	0.18	0.44	0.41	0.25
Total Liabilities	26.92	26.64	29.95	25.1	18.74

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.73	0.64	0.64	0.64	0.64
Additional Paid-In Capital	8.3	-	-	-	-
Retained Earnings	14.18	13.63	17.36	14.58	11.87
Comprehensive Income & Other	-1	-1.6	-1.26	-0.69	0.6
Shareholders' Equity	22.21	12.66	16.75	14.53	13.12
Total Liabilities & Equity	49.13	39.31	46.7	39.63	31.86

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	13.2	12.29	11.94	8.1	7.81
Net Cash (Debt)	-2.95	-2.77	-3.58	-3.34	-2.28
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-0.13	-0.14	-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	15.46	6	10.76	11.25	8.78
Book Value Per Share	0.98	0.63	0.84	0.73	0.66
Tangible Book Value	21.5	11.96	16.01	13.74	12.24
Tangible Book Value Per Share	0.95	0.60	0.80	0.69	0.61
Buildings	2.77	2.65	2.62	3.15	3.18
Machinery	6.7	6.33	5.11	4.33	4.42
Construction In Progress	0.7	0.7	1.22	-	-
Leasehold Improvements	-	-	-	-	0.11

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 20, 2026

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