Luda Technology Group Limited income statement LUD

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Luda Technology Group Limited reported revenue of $33.5 million, down 25.3% from the year before. Net income was $556,829, a profit margin of 1.7%. The operating loss came to $1.1 million, an operating margin of -3.2%. Diluted earnings per share were $0.03.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
Revenue
34
-25.3%
45
Cost of revenue
28
-17.5%
33
Gross profit
6
-48.1%
11
Research and development
1
+4.9%
1
Selling, general and administrative
6
-42.2%
10
Operating expenses
7
-36.3%
11
Operating income
-1
-332.3%
0
Interest expense
1
-6.3%
1
Other non-operating income (expense)
3
+74363.3%
0
Pretax income
1
+1124.0%
-0
Income tax
0
+64.4%
0
Net income
1
+254.2%
-0
Basic EPS
0.03
+250.0%
-0.02
Diluted EPS
0.03
+250.0%
-0.02
Weighted average shares, basic
22
+11.2%
20
Weighted average shares, diluted
22
+11.2%
20
Other measures
Depreciation and amortization
1
+26.3%
0
EBITDA
-0
-152.1%
1
Interest coverage
-2.03x
0.82x
Margins
Gross margin
17.65%
25.42%
Operating margin
-3.16%
1.02%
Pretax margin
2.96%
-0.22%
Profit margin
1.66%
-0.80%
EBITDA margin
-1.42%
2.04%
Effective tax rate
43.82%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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

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