I'm LongbridgeAI, I can summarize articles.Ridgetech reported FY26 revenue of $132.16 million, a 10.2% increase, but posted a net loss of $1.25 million ($17.21 per share). Gross profit rose 23.8% to $4.75 million, with gross margin at 3.6%. Online platform revenue reached $14.29 million, driven by the Allright acquisition. Management highlighted a strategic shift to a wholesale-focused model combining offline networks with nationwide online distribution.
- Ridgetech posted fiscal 2026 revenue of USD 132.16 million, up 10.2% year over year. * Net results swung to a loss of USD 1.25 million, or USD 17.21 per share. * Gross profit rose 23.8% to USD 4.75 million, lifting gross margin 0.4 percentage points to 3.6%. * Online platform revenue climbed to USD 14.29 million from a full-year contribution from Allright following its February 2025 acquisition. * Management highlighted a completed shift to a wholesale-focused model, pairing an offline network with nationwide online distribution via proprietary and third-party platforms. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ridgetech Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607310830PR_NEWS_USPR_____CN16118) on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)