Lucide Ledger

A filing-first public record from Lucide House.

Issue 002 | U.S. Pilot | US

RDGT

Ridgetech Inc.

Screen state: Needs Review Source state: Stale Filing 20-F | 2025-07-28 Filing currency: USD
Open Filing Back to Register Report a correction
Internal NCAV Discount 66.8%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets
59,709,247USD
Total Liabilities
34,848,490USD
NCAV
24,860,757USD
Cash
12,779,781USD
NCAV per share
4.29USD/share
Evidence
4 annual | 7 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Not captured in this issue’s Mary run.

This archived issue is not backfilled with observations from a later screening run.

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Share Count & Per-Share Comparability

Data Vault has not published the normalized share-count artifact for this company.

Known Unknowns

Only 7 quarterly periods available from Data Vault for this company.

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Medium | Filing

Some rows are based on older filing data and require manual freshness review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-03-31
20-F
USD
2024-03-31
20-F
USD
2023-03-31
20-F
USD
2022-03-31
20-F
USD
Revenue 119,971,638 154,541,077 148,811,976 164,392,555
Operating Income -1,035,339 -3,534,563 -20,925,383 -2,693,890
Net Income 10,194,467 -4,234,228 -21,138,525 -3,192,119
Cash From Operations 1,247,770 -3,155,439 -3,283,513 -5,385,972
Capex -155,360 -330,677 -118,272 -89,960
Free Cash Flow 1,092,410 -3,486,116 -3,401,785 -5,475,932
Cash And Equivalents 12,779,781 20,149,806 18,807,936 18,458,575
Accounts Receivable 27,811,813 15,824,103 14,119,606 16,736,495
Inventory 9,758,071 16,248,373 15,309,100 16,020,140
Total Current Assets 59,709,247 69,682,362 64,482,790 75,451,894
Total Assets 64,484,872 95,057,090 90,970,602 106,384,209
Total Current Liabilities 34,356,369 74,360,095 66,535,234 74,448,396
Total Liabilities 34,848,490 80,763,953 74,303,450 83,645,423
Shareholders Equity 29,636,382 15,640,010 18,014,011 24,085,393
Shares Outstanding 5,855,009 1,743,362 23,697,210 3,479,316
Shares Outstanding Diluted n/a n/a n/a n/a
Weighted Avg Shares Diluted 5,543,118 1,444,263 10,196,552 3,479,316
Weighted Avg Shares Basic 5,543,118 1,444,263 10,196,552 3,479,316
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Only 7 quarterly periods available from Data Vault for this company.

Metric
2025-09-30
6-K
USD
2025-03-31
6-K
USD
2024-09-30
6-K
USD
2024-03-31
6-K
USD
2023-09-30
6-K
USD
2023-03-31
6-K
USD
2022-09-30
6-K
USD
Revenue 62,805,015 119,971,638 62,841,121 154,541,077 78,574,409 148,811,976 72,722,085
Operating Income -74,293 -1,035,339 422,416 -3,534,563 255,982 -20,925,383 -1,244,684
Net Income -60,167 10,194,467 -2,277,092 -4,234,228 -924,275 -21,138,525 -594,781
Cash From Operations 5,346,634 1,247,770 -9,954,817 -3,155,439 722,702 -3,283,513 1,057,742
Capex n/a -155,360 -154,473 -330,677 -9,294 -118,272 -25,633
Free Cash Flow n/a 1,092,410 -10,109,290 -3,486,116 713,408 -3,401,785 1,032,109
Cash And Equivalents 13,935,407 12,779,781 18,001,171 20,149,806 18,649,931 18,807,936 n/a
Total Current Assets 56,737,359 59,709,247 71,081,644 69,682,362 69,821,187 64,482,790 n/a
Total Liabilities 31,605,549 34,848,490 74,070,337 80,763,953 77,229,581 74,303,450 n/a
Shares Outstanding 5,855,009 5,855,009 6,654,077 1,743,362 1,682,861 1,184,861 n/a
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 5,855,009 5,543,118 5,378,226 1,444,263 1,195,746 10,196,552 226,702
Weighted Avg Shares Basic 5,855,009 5,543,118 5,378,226 1,444,263 1,195,746 10,196,552 226,702
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 56,737,359USD us-gaap:AssetsCurrent 2025-09-30 1.00 Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Total Liabilities 31,605,549USD us-gaap:Liabilities 2025-09-30 1.00 Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Cash 13,935,407USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-09-30 1.00 Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Shares Outstanding 5,855,009 us-gaap:CommonStockSharesOutstanding 2025-09-30 1.00 Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
NCAV 25,131,810USD derived 2025-09-30 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 4.29USD derived 2025-09-30 n/a company-evidence-v1 | NCAV / shares_outstanding
Internal NCAV Discount 66.8% derived 2025-09-30 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
Local evidence | The Data Vault
CIK
0001856084
Company ID
n/a
Selected Annual Source
Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Selected Quarterly Source
Data Vault | sec/companyfacts/cik=0001856084/companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
7
Imported At
2026-08-15T12:52:42+00:00
Rendered At
2026-08-16T03:29:43+00:00

Run Audit

Mary Run
f75c5d221f074da8a489fba328e8ef51
Mary As Of
2026-07-18
Accession
0001213900-25-067924
CIK
0001856084
Mary Filing Date
2025-07-28
Filing Currency
USD
Internal Discount
66.8%
Source State
Stale Filing
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=f75c5d221f074da8a489fba328e8ef51; mary_as_of=2026-07-18; mary_filing_date=2025-07-28; mary_accession=0001213900-25-067924; mary_cik=0001856084; gnni_supporting_filing_date=2025-07-28; internal_discount=0.667928; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.; source requires review

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