TruGolf Holdings, Inc. (TRUG)

TruGolf Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2009
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2009
Revenue	22.67	21.86	20.58	20.23	21.25	2.99
Revenue Growth (YoY)	18.64%	6.19%	1.76%	-4.79%	611.37%	-47.78%
Cost of Revenue	8.65	7.98	8.54	7.57	5.78	-
Gross Profit	14.02	13.88	12.05	12.66	15.47	2.75
Selling, General & Admin	17.5	15.98	20.71	11.93	9.16	-
Operating Expenses	17.5	15.98	20.71	11.93	9.16	-
Operating Income	-3.48	-2.1	-8.66	0.73	6.31	-
Interest Expense	-8.73	-6.93	-1.73	-1.59	-0.85	-
Interest & Investment Income	0.16	0.11	0.11	-	-	-
EBT Excluding Unusual Items	-12.05	-8.93	-10.28	-0.86	5.45	-
Gain (Loss) on Sale of Investments	0.41	0.4	-	-0.1	-	-
Other Unusual Items	-0.27	-0.27	-	-	0.74	-
Pretax Income	-11.92	-8.8	-10.28	-0.96	6.19	-
Earnings From Continuing Operations	-	-8.8	-10.28	-0.96	6.19	-
Net Income	-11.92	-8.8	-10.28	-0.96	6.19	0.27
Net Income to Common	-11.92	-8.8	-10.28	-0.96	6.19	-
Net Income Growth	-	-	-	-	2204.34%	-2.08%
Shares Outstanding (Basic)	0	0	0	7	-	-
Shares Outstanding (Diluted)	0	0	0	7	-	-
Shares Change (YoY)	74.89%	38.41%	-97.46%	-	-	-
EPS (Basic)	-25.70	-37.80	-61.17	-0.14	-	-
EPS (Diluted)	-25.70	-37.80	-61.17	-0.14	-	-
Free Cash Flow	-8.05	-4.03	-6.26	0.75	4.5	-
Free Cash Flow Per Share	-17.36	-17.33	-37.24	0.11	-	-
Gross Margin	61.83%	63.50%	58.53%	62.58%	72.80%	92.12%
Operating Margin	-15.34%	-9.62%	-42.07%	3.62%	29.70%	-
Profit Margin	-52.55%	-40.24%	-49.96%	-4.73%	29.14%	-
Free Cash Flow Margin	-35.50%	-18.45%	-30.41%	3.71%	21.16%	-
EBITDA	-2.94	-1.8	-8.6	0.79	6.38	-
EBITDA Margin	-12.95%	-8.24%	-41.79%	3.92%	30.03%	-
D&A For EBITDA	0.54	0.3	0.06	0.06	0.07	-
EBIT	-3.48	-2.1	-8.66	0.73	6.31	-
EBIT Margin	-15.34%	-9.62%	-42.07%	3.62%	29.70%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q