Ridgetech, Inc. Reports Fiscal Year 2026 Financial Results
Ridgetech reported fiscal 2026 revenue of $132.16 million, a 10.2% increase from the prior year, driven by the full-year contribution from the acquired online platform Allright. While gross profit rose 23.8% and margins expanded to 3.6%, operating losses widened to $1.87 million due to increased sales and marketing expenses related to the business transition.
Key figures
- Revenue
- 132160000
- Revenue Yoy
- 10.2%
- Net loss
- 1250000
- Gross margin
- 3.6%
- Gross profit
- 4750000
- Online revenue
- 14290000
- Operating loss
- 1870000
- Offline revenue
- 117870000
- Reverse split ratio
- 1-for-150
- Cash and equivalents
- 17910000
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