Luda Technology Group Limited LUD

Annual Quarterly

FY2025 · ended Dec 31, 2025 · Revenue $33.54M, -25.3% YoY · Filed May 15, 2026

Luda Technology Group Limited (LUD) files with the SEC under industry code 3317, Steel Pipe & Tubes. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $33.5 million and net income of $556,829. Free cash flow was -$2.2 million. As of Dec 31, 2025 it held $4.5 million in cash and investments and $13.2 million in total debt.

Revenue
$33.54M
-25.3% vs prior year
Net income
$556,829
+254.2% vs prior year
Operating cash flow
$-1.71M
-131.3% vs prior year
Free cash flow
$-2.17M
-149.5% vs prior year
EPS
$0.03
+250.0% vs prior year
Dividend per share
None
Shares outstanding
22.69M
+13.5% vs prior year
Net cash
$-8.68M
FY 2025
Operating margin
-3.2%
FY 2025

Company profile

Industry
Steel Pipe & Tubes (SIC 3317)
Listed as
LUD (NYSE)
Headquarters
Wanchai
SEC filer status
Non-accelerated filer, Emerging growth company
SEC CIK
1984124

Other Steel Pipe & Tubes companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
Revenue
$33.5M
$44.9M
Operating income
-$1.1M
$455,908
Net income
$556,829
-$361,016
Diluted EPS
$0.03
-$0.02
Operating cash flow
-$1.7M
$5.5M
Free cash flow
-$2.2M
$4.4M
Total assets
$49.1M
$39.3M
Total liabilities
$26.9M
$26.6M
Stockholders' equity
$22.2M
$12.7M
Cash and investments
$4.5M
$8.1M
Total debt
$13.2M
$11.7M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Nov 3, 2026 Nov 3, 2026
6-K Current report (foreign issuer) Oct 30, 2026 Oct 30, 2026
6-K Current report (foreign issuer) Oct 30, 2026 Oct 30, 2026
6-K Current report (foreign issuer) Oct 21, 2026 Oct 21, 2026
6-K Current report (foreign issuer) Oct 13, 2026 Oct 13, 2026
6-K Current report (foreign issuer) Oct 7, 2026 Oct 7, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.