Ridgetech Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	12.78	2.3	18.81	18.46	22.05
Short-Term Investments	-	-	-	-	0.09
Cash & Short-Term Investments	12.78	2.3	18.81	18.46	22.14
Cash Growth	456.31%	-87.79%	1.89%	-16.62%	35.53%
Accounts Receivable	27.81	6.01	14.12	16.74	13.46
Other Receivables	2.42	0.22	2.73	5.76	5.05
Receivables	30.23	6.23	16.84	22.5	18.52
Inventory	10.19	9.26	15.45	16.59	17.39
Prepaid Expenses	-	-	0.62	0.92	1.56
Restricted Cash	5.76	1.99	12.76	16.88	12.63
Other Current Assets	0.75	49.9	-	-	-
Total Current Assets	59.71	69.68	64.48	75.36	72.23
Property, Plant & Equipment	0.01	0.01	19.03	19.66	23.33
Long-Term Investments	-	-	1.77	4.51	3.98
Goodwill	1.46	-	-	-	-
Other Intangible Assets	3.3	1.28	3.89	4.32	4.31
Other Long-Term Assets	-	24.09	1.8	2.54	2.45
Total Assets	64.48	95.06	90.97	106.38	106.31
Accounts Payable	19.67	30.58	26.99	27.33	29.9
Accrued Expenses	0.2	0.2	1.44	2.12	0.95
Short-Term Debt	10.39	6.6	29.26	34.19	26.43
Current Portion of Long-Term Debt	-	-	-	1.96	2.56
Current Portion of Leases	-	-	5.13	3.33	0.79
Current Income Taxes Payable	1.52	0.54	1.71	1.38	0.2
Other Current Liabilities	2.58	36.45	2.01	4.14	4.09
Total Current Liabilities	34.36	74.36	66.54	74.45	64.9
Long-Term Debt	-	-	-	-	1.89
Long-Term Leases	-	6.4	7.77	9.2	15.12
Long-Term Deferred Tax Liabilities	0.49	-	-	-	-
Total Liabilities	34.85	80.76	74.3	83.65	81.91
Common Stock	1.41	0.42	0.28	0.04	0.04
Additional Paid-In Capital	91.74	86.41	83.96	66.52	66.52
Retained Earnings	-63.31	-72.2	-67.96	-46.83	-43.63
Comprehensive Income & Other	-0.2	1.01	1.74	4.35	2.82
Total Common Equity	29.64	15.64	18.01	24.09	25.74
Minority Interest	-	-1.35	-1.35	-1.35	-1.34
Shareholders' Equity	29.64	14.29	16.67	22.74	24.4
Total Liabilities & Equity	64.48	95.06	90.97	106.38	106.31
Total Debt	10.39	13	42.16	48.67	46.78
Net Cash (Debt)	2.39	-10.7	-23.35	-30.22	-24.64
Net Cash Per Share	0.43	-7.41	-45.79	-173.68	-145.04
Filing Date Shares Outstanding	5.86	1.74	1.18	0.22	0.17
Total Common Shares Outstanding	5.86	1.74	1.18	0.17	0.17
Working Capital	25.35	-4.68	-2.05	0.91	7.34
Book Value Per Share	5.06	8.97	15.20	138.45	147.98
Tangible Book Value	24.87	14.36	14.13	19.77	21.43
Tangible Book Value Per Share	4.25	8.24	11.92	113.63	123.18
Buildings	-	-	6.07	6.58	6.36
Machinery	0.09	0.07	6.17	6.68	6.38
Leasehold Improvements	-	-	3.13	10.14	9.6

Updated Jul 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.