• Income Statement
• Balance Sheet
• Cash Flow
• Ratios
• Market Data
• Valuation

	LUDWIG ENTERPRISES, INC. (LUDG)
	Q2-CY2026	Q1-CY2026	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014
Balance Sheet Date		2026-Mar-31	2025-Dec-31	2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31	2023-Dec-31
Fiscal Period		Q1-FY2026	Q4-FY2025	Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024	Q4-FY2023
Total Revenue							0$	207$	0$	10$
QoQ%							(100.00%)	.00%	(100.00%)
YoY%
Cost Of Revenue							106,800$	377,774$	0$	0$	228,437$	186,160$
Gross Profit							(106,800$)	(377,567$)	0$	10$	(228,437$)	(186,160$)
Gross Margin							919.21%	(182,399.52%)		100.00%
Operating Expenses		564,979$	292,773$	371,364$	585,622$	524,921$	276,722$	354,747$	301,348$	365,589$	(126,712$)	9,410$	273,752$
Operating Income		(564,979$)	(292,773$)	(371,364$)	(585,622$)	(524,921$)	(276,722$)	(354,540$)	(301,348$)	(365,579$)	(101,725$)	(195,570$)	(257,946$)	820,520$
Operating Margin							402.22%	(171,275.36%)		(3,655,790.00%)
Interest Income			0$	2,000$	2,000$	2,000$
Interest Expenses								16,815$	14,162$	7,635$	6,539$	4,003$	2,600$	2,572$
Income Before Tax		218,847$	(1,077,298$)	31,252$	(649,444$)	(540,943$)	(401,704$)	(749,129$)	(322,510$)	(1,578,344$)	(371,701$)	(447,466$)	(583,447$)	(975,829$)
Tax Expenses
Net Income		218,847$	(1,077,298$)	31,252$	(649,444$)	(540,943$)	(155,871$)	(885,942$)	(364,191$)	(1,610,880$)	(449,808$)	(447,466$)	(583,447$)	(975,829$)
Profit Margin							1,195.61%	(427,991.30%)		(16,108,800.00%)
TTM							(1,390,269.12%)
Earnings to Minority								(136,813$)
Earnings to Common Shareholders		218,847$	(1,077,298$)	31,252$	(649,444$)	(540,943$)	(155,871$)	(749,129$)	(364,191$)	(1,610,880$)	(449,808$)	(447,466$)	(583,447$)	(975,829$)
QoQ%		120.31%	(3,547.13%)	104.81%	(20.06%)	(247.05%)	79.19%	(105.70%)	77.39%	(258.13%)	(.52%)	23.31%	40.21%
YoY%		140.46%	(591.15%)	104.17%	(78.33%)	66.42%	65.35%	(67.42%)	37.58%	(65.08%)
Earnings Per Share, Basic		0.00$	(0.01$)	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	(0.01$)		0.00$	0.00$
Earnings Per Share, Diluted		0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	(0.01$)		0.00$	0.00$
Unlevered FCF Per Share, Basic		0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$		0.00$	0.00$
Unlevered FCF Per Share, Diluted		0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$	0.00$		0.00$	0.00$
Average Shares, Basic		163,591,383	162,586,554	161,961,111	161,569,807	161,182,240	160,594,189	159,364,580	159,003,599	155,464,808		315,188,929	319,362,458
Average Shares, Diluted		864,591,383	-537,413,446	861,961,111	161,569,807	161,182,240	160,594,189	159,364,580	159,003,599	155,464,808		315,188,929	319,362,458
EBIT		218,847$	(1,077,298$)	31,252$	(649,444$)	(540,943$)	(401,704$)	(732,314$)	(308,348$)	(1,570,709$)	(365,162$)	(443,463$)	(580,847$)	(973,257$)
EBITDA		218,847$	(1,077,298$)	31,252$	(649,444$)	(540,943$)	(401,704$)	(732,314$)	(308,348$)	(1,570,709$)	(365,162$)	(443,463$)	(580,847$)	(973,257$)

Copy Table ✓