Luda Technology Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8.13	8.08	4.12	5.45
Short-Term Investments	1.68	0.28	0.64	0.08
Cash & Short-Term Investments	9.81	8.36	4.76	5.53
Cash Growth	17.39%	75.56%	-13.94%	-
Accounts Receivable	15.14	22.32	22.27	15.24
Other Receivables	0.12	0.12	0.03	0.03
Receivables	15.26	22.44	22.3	15.27
Inventory	4.87	5.58	5.59	4.63
Prepaid Expenses	0.07	0.03	0.04	0.06
Restricted Cash	0.2	0.31	0.16	0.17
Other Current Assets	1.65	2.79	1	0.29
Total Current Assets	31.85	39.51	33.85	25.95
Property, Plant & Equipment	5.12	4.66	3.47	3.72
Other Intangible Assets	0.7	0.74	0.78	0.87
Long-Term Accounts Receivable	0.67	0.93	1.03	0.46
Long-Term Deferred Tax Assets	0.55	0.56	0.35	0.26
Other Long-Term Assets	0.41	0.29	0.14	0.59
Total Assets	39.31	46.7	39.63	31.86
Accounts Payable	8.67	12.22	11.87	6.26
Accrued Expenses	3.76	2.61	2.73	3
Short-Term Debt	11.52	9.87	5.75	6.28
Current Portion of Long-Term Debt	0.16	1.31	0.25	0.22
Current Income Taxes Payable	0	0	0.38	0.65
Current Unearned Revenue	0.22	0.23	0.22	0.4
Other Current Liabilities	1.52	2.51	1.39	0.37
Total Current Liabilities	25.85	28.75	22.6	17.17
Long-Term Debt	0.61	0.76	2.1	1.32
Long-Term Deferred Tax Liabilities	0.18	0.44	0.41	0.25
Total Liabilities	26.64	29.95	25.1	18.74
Common Stock	0.64	0.64	0.64	0.64
Retained Earnings	13.63	17.36	14.58	11.87
Comprehensive Income & Other	-1.6	-1.26	-0.69	0.6
Shareholders' Equity	12.66	16.75	14.53	13.12
Total Liabilities & Equity	39.31	46.7	39.63	31.86
Total Debt	12.29	11.94	8.1	7.81
Net Cash (Debt)	-2.48	-3.58	-3.34	-2.28
Net Cash Per Share	-0.12	-0.18	-0.17	-0.11
Filing Date Shares Outstanding	22.69	22.5	20	20
Total Common Shares Outstanding	20	20	20	20
Working Capital	6	10.76	11.25	8.78
Book Value Per Share	0.63	0.84	0.73	0.66
Tangible Book Value	11.96	16.01	13.74	12.24
Tangible Book Value Per Share	0.60	0.80	0.69	0.61
Buildings	2.65	2.62	3.15	3.18
Machinery	6.33	5.11	4.33	4.42
Construction In Progress	0.7	1.22	-	-
Leasehold Improvements	-	-	-	0.11

Source: S&P Capital IQ. Standard template. Financial Sources.