RDGTNasdaqRetail-Drug Stores and Proprietary StoresFiscal year ends March 31
Ridgetech Inc.
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on Jul 31, 2026
$0.83−0.01 (-0.77%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2026
Gross margin
3.6%−18.4 pts over 5 years
Operating margin
-1.4%+5.2 pts over 5 years
Net margin
-0.9%+5.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.2% | +3.2% | -0.1% | – | |
| Gross profit | +23.8% | +9.7% | -30.5% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | – | |
| Return on assets | – | – | -1.9% | |
| Current ratio | – | 1.11 | 2.31 | |
| Interest coverage | – | -19.4× | -27.8× | |
| Inventory turnover | – | – | 14.1× | |
| Capex to revenue | – | 0.1% | 0.0% | |
| Diluted shares | – | 0M | 0M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Ridgetech generated $14.47M from operations and spent $694.72K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$14.47M
Used
$694.72K
Capital expenditure$694.72K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.5%
×Asset turnover1.50×
×Equity multiplier3.52×
=Return on equity, FY202545.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 8.5% | 1.50× | 3.52× | 45.0% |
| FY2024 | -3.4% | 1.33× | 5.53× | -25.2% |
| FY2023 | -17.6% | 1.22× | 4.69× | -100.4% |
| FY2022 | -1.9% | 1.55× | 4.27× | -12.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$1.25M
- Cash generatingOperating cash flow above zero-$1.39M
- Return on assets improvedROA up on the prior year10.7% → -1.9%
- Earnings backed by cashOperating cash flow above net income-$1.39M vs -$1.25M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.74 → 2.31
- No dilutionShare count did not rise0M → 0M
- Gross margin improvedGross margin up on the prior year3.20% → 3.60%
- More efficientAsset turnover rose1.26 → 2.05