Security
Ridgetech, Inc. Ordinary Shares · RDGT
RDGTNASDAQCommon stockCurrentCIK 1856084Updated Oct 6, 2026
Name history
China Jo-Jo Drugstores, Inc. · through Feb 5, 2025China Jo-Jo Drugstores Holdings, Inc. · through Jun 16, 2023
RDGT price & chart
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NASDAQ:RDGT on TradingView ↗About the company
Ridgetech, Inc. (“Ridgetech” or the “Company”) is a growing online and offline wholesale distributor of pharmaceutical and other healthcare products in China. Ridgetech actively trades on popular online distribution platforms nationwide and has its own online distribution platform. The Company believes that trading on these platforms offers greater opportunities to distribute pharmaceutical products nationwide. For more information about the Company, please visit www.ridgetch.com. The Company routinely posts important information on its website.
In the news
Ridgetech, Inc. Reports Fiscal Year 2025 Financial Results News provided by Ridgetech, Inc. Jul 28, 2025, 09:00 ET Share this article Share to X Share this article Share to X HANGZHOU, China , July 28, 2025 /PRNewswire/ -- Ridgetech, Inc. (Nasdaq: RDGT ) ("Ridgetech" or the "Company"), a wholesale ↗
Seeking Alpha
Most shorted consumer staple small caps dominated by Ridgetech, Beyond Meat ↗
Ridgetech announces 1-for-150 reverse share split ↗
SEC disclosures
Ridgetech Inc. files prospectus supplement (424B5) ↗
Recent filings
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Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | Q2 2026 | Q2 2025 | Q2 2024 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| AssetsUSD | 61,385,142Source | 94,191,489Source | 94,767,530Source | 69,027,701Source | 64,484,872Source | 95,057,090Source | 90,970,602Source |
| Property, Plant and Equipment, NetUSD | 7,087Source | 5,011,986Source | — | 5,723Source | 8,931Source | 4,906,589Source | 5,100,264Source |
| GoodwillUSD | 1,463,733Source | — | — | 1,463,733Source | 1,463,733Source | — | — |
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 13,935,407Source | 18,001,171Source | 18,649,931Source | 17,905,262Source | 12,779,781Source | 20,149,806Source | 18,807,936Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 26,452,390Source | 16,920,749Source | 17,512,742Source | 32,466,688Source | 27,811,813Source | 15,824,103Source | 14,119,606Source |
| Inventory, NetUSD | 9,180,785Source | 18,774,831Source | 19,591,140Source | 8,259,002Source | 9,758,071Source | 16,248,373Source | 15,309,100Source |
| Assets, CurrentUSD | 56,737,359Source | 71,081,644Source | 69,821,187Source | 64,556,192Source | 59,709,247Source | 69,682,362Source | 64,482,790Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | — | — | — | 56,374Source | 85,397Source |
| Operating Lease, Right-of-Use AssetUSD | — | 11,420,641Source | 13,683,765Source | — | — | 13,827,360Source | 13,924,826Source |
| Other Assets, NoncurrentUSD | — | 696,720Source | 725,111Source | — | — | 682,437Source | 790,056Source |
| LIABILITIES AND EQUITY | |||||||
| LiabilitiesUSD | 31,605,549Source | 74,070,337Source | 77,229,581Source | 28,251,063Source | 34,848,490Source | 80,763,953Source | 74,303,450Source |
| Stockholders’ equity: | |||||||
| Common Stock, Value, IssuedUSD | 5,855Source | 1,596,979Source | 403,887Source | 133,091Source | 1,405,202Source | 418,407Source | 284,367Source |
| Additional Paid in CapitalUSD | 93,142,510Source | 92,868,406Source | 86,428,498Source | 103,898,531Source | 91,743,163Source | 86,413,978Source | 83,958,418Source |
| Retained Earnings (Accumulated Deficit)USD | -63,372,946Source | -75,784,338Source | -70,197,265Source | -64,563,201Source | -63,312,779Source | -73,507,246Source | -69,273,018Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 4,174Source | 1,477,869Source | 940,593Source | 1,308,217Source | -199,204Source | 1,005,762Source | 1,735,135Source |
| Stockholders' Equity Attributable to ParentUSD | — | 21,468,025Source | 18,884,822Source | — | 29,636,382Source | 15,640,010Source | 18,014,011Source |
| Liabilities and EquityUSD | 61,385,142Source | 94,191,489Source | 94,767,530Source | 69,027,701Source | 64,484,872Source | 95,057,090Source | 90,970,602Source |
| Current liabilities: | |||||||
| Liabilities, CurrentUSD | 31,120,765Source | 67,537,401Source | 69,784,281Source | 27,894,710Source | 34,356,369Source | 74,360,095Source | 66,535,234Source |
| Operating Lease, Liability, CurrentUSD | — | 2,659,985Source | 5,043,017Source | — | — | 4,862,766Source | 5,131,373Source |
| Accounts Payable, CurrentUSD | 21,847,084Source | 27,241,130Source | — | 22,757,939Source | 19,666,664Source | 31,630,131Source | — |
| Operating Lease, Liability, NoncurrentUSD | — | 6,532,936Source | 7,445,300Source | — | — | 6,403,858Source | 7,768,216Source |
| Deferred Income Tax Liabilities, NetUSD | 484,784Source | — | — | 356,353Source | 492,121Source | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | -1,346,873Source | -1,346,873Source | — | — | -1,346,873Source | -1,346,859Source |
| Additional Financial Items | |||||||
| Accrued Liabilities, CurrentUSD | 3,434Source | 399,728Source | 378,222Source | 206,502Source | 196,210Source | 386,395Source | 756,516Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 356,353Source | 492,121Source | — | — |
cash flow · annual statements
| Line item | Q2 2026 | Q2 2025 | Q2 2024 | Q2 2023 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | -1,250,422Source | 10,199,851Source | -4,234,242Source | -21,138,777Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | 363,686Source | 1,137,240Source | 790,449Source | 718,002Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | — | 10,360,000Source |
| Changes in operating assets and liabilities: | ||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | 3,461,596Source | -10,040,414Source | 1,804,440Source | 2,531,755Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | -1,948,887Source | -405,822Source | 1,699,621Source | 522,550Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | -79,692Source | -29,822Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | -1,393,945Source | 1,247,770Source | -3,155,439Source | -3,283,513Source |
| Cash flows from investing activities: | ||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | -4,833,439Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | -449Source | -18,135,078Source | -2,039,850Source | -316,097Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | 449Source | 155,360Source | 330,677Source | 118,272Source |
| Cash flows from financing activities: | ||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | -29,714Source | 1,505,592Source | 8,004,291Source | 2,366,156Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | -627,294Source | -14,333,096Source | 1,303,527Source | -3,768,933Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 18,045,360Source | 31,092,907Source | 29,600,320Source | 29,452,060Source | 17,913,781Source | 18,541,075Source | 32,874,171Source | 31,570,644Source |
| Supplemental disclosure of cash flow information: | ||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | 67,069Source | 6,289Source | 13,604Source | 64,943Source |
| Income Taxes Paid, NetUSD | — | — | — | — | 55,348Source | 137,456Source | 149,023Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | 796,814Source | 1,048,620Source | -1,505,475Source | -2,535,479Source |
| Additional Financial Items | ||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | 359,670Source | 54,787Source | 96,912Source | 92,263Source |
| DepreciationUSD | — | — | — | — | 4,016Source | — | — | 625,739Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | -1,607,537Source | -2,316,994Source |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | — | — | — | 15,757,753Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | -107,251Source | — |
| General and Administrative ExpenseUSD | — | — | — | — | 3,580,025Source | 3,339,954Source | 7,257,524Source | 15,668,684Source |
| GoodwillUSD | 1,463,733Source | — | — | — | 1,463,733Source | 1,463,733Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | — | — | — | — | 21,100,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | -1,250,422Source | -1,454,184Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | 11,648,651Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | — | — | 11,654,035Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | — | — | -99,098Source | 503,524Source | 62,862Source | 394,541Source |
| InterestExpenseNonoperatingUSD | — | — | — | — | 67,069Source | -92,834Source | — | — |
| Investment Income, InterestUSD | — | — | — | — | 455,061Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | -1,250,422Source | 10,194,467Source | -4,234,228Source | -21,138,525Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | — | — | 5,384Source | -14Source | -252Source |
| Nonoperating Income (Expense)USD | — | — | — | — | 516,495Source | — | — | — |
| Operating ExpensesUSD | — | — | — | — | 6,620,161Source | 4,874,154Source | 34,643,111Source | 55,205,847Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | -101,154Source | -8,155Source | 467,687Source | 1,680,087Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | 10,883,257Source | 7,633,000Source | 2,589,600Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | — | — | — | 154,541,077Source | 148,811,976Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 132,163,734Source | 119,971,638Source | 154,541,077Source | 148,811,976Source |
| Cost of RevenueUSD | 127,409,588Source | 116,132,823Source | 123,432,529Source | 114,531,512Source |
| Operating Income (Loss)USD | -1,866,015Source | -1,035,339Source | -3,534,563Source | -20,925,383Source |
| Other Nonoperating Income (Expense)USD | -101,154Source | -8,155Source | 467,687Source | 1,680,087Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,349,520Source | -950,660Source | -4,171,380Source | -20,744,236Source |
| Income Tax Expense (Benefit)USD | -99,098Source | 503,524Source | 62,862Source | 394,541Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 5,384Source | -14Source | -252Source |
| Net Income (Loss) Attributable to ParentUSD | -1,250,422Source | 10,194,467Source | -4,234,228Source | -21,138,525Source |
| Earnings Per Share, BasicUSD per share | -17.21Source | 1.84Source | -2.93Source | -2.07Source |
| Earnings Per Share, DilutedUSD per share | -17.21Source | 1.84Source | -2.93Source | -2.07Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 72,668Source | 5,543,118Source | 1,444,263Source | 10,196,552Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 72,668Source | 5,543,118Source | 1,444,263Source | 10,196,552Source |
| Interest Expense (non-operating)USD | 67,069Source | -92,834Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 359,670Source | 54,787Source | 96,912Source | 92,263Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 363,686Source | 57,516Source | 790,449Source | 718,002Source |
| Gain (Loss) on InvestmentsUSD | — | — | -1,607,537Source | -2,316,994Source |
| General and Administrative ExpenseUSD | 3,580,025Source | 3,339,954Source | 7,257,524Source | 15,668,684Source |
| Gross ProfitUSD | 4,754,146Source | 3,838,815Source | 31,108,548Source | 34,280,464Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | 21,100,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -1,250,422Source | -1,454,184Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 11,648,651Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 11,654,035Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 516,637Source | 883,908Source |
| Investment Income, InterestUSD | 455,061Source | — | — | — |
| Investment Income, NetUSD | — | — | — | -2,316,994Source |
| Marketing and Advertising ExpenseUSD | 799,268Source | 376Source | 304,075Source | 491,684Source |
| Nonoperating Income (Expense)USD | 516,495Source | — | — | — |
| Operating ExpensesUSD | 6,620,161Source | 4,874,154Source | 34,643,111Source | 55,205,847Source |
| Other General and Administrative ExpenseUSD | — | — | — | 15,668,684Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 154,541,077Source | 148,811,976Source |
| Selling ExpenseUSD | 3,040,136Source | 1,534,200Source | 27,385,587Source | 29,177,163Source |
Filing attachments
ea030068001ex99-1.htm · 6-K · 2026-08-05
Exhibit 99.1 RIDGETECH, INC. 5th Floor, Building 6, No. 100, 18th Street, Baiyang Sub-district Qiantang District, Hangzhou City, Zhejiang Province, P. R. China, 310018 Telephone: +86-571-88219579 NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON AUGUST 25, 2026 (or any adjournment or postponement thereof) TO THE SHAREHOLDERS OF RIDGETECH, INC.: Notice is hereby given that an Annual General Meeting of the shareholders of Ridgetech, Inc., a Cayman Islands exempted company (the “C…
Read attachment ↗ea030068001ex99-2.htm · 6-K · 2026-08-05
Exhibit 99.2 RIDGETECH, INC THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS ANNUAL GENERAL MEETING OF SHAREHOLDERS - AUGUST 25, 2026 AT 9:00 P.M. E.T. RIDGETECH CONTROL ID: REQUEST ID: The undersigned shareholder of ordinary shares and/or Series A Preferred Shares of Ridgetech, Inc (the "Company"), hereby acknowledges receipt of the Notice of Annual General Meeting of Shareholders and Proxy Statement of the Company, each dated on or around August 5, 2026, and hereby appoints Ming Zh…
Read attachment ↗ea029980401ex99-1.htm · 6-K · 2026-07-31
Exhibit 99.1 Ridgetech, Inc. Reports Fiscal Year 2026 Financial Results HANGZHOU, China, July 31, 2026 /PRNewswire/ -- Ridgetech, Inc. (Nasdaq: RDGT) (“Ridgetech” or the “Company”), a wholesale distributor of pharmaceutical and other healthcare products in China, today announced its financial results for the fiscal year ended March 31, 2026. Mr. Frank Zhao, Interim Chief Executive Officer and Chief Financial Officer of Ridgetech, commented, “Fiscal year 2026 marked a transformative year for R…
Read attachment ↗ea029930501ex4-1.htm · 6-K · 2026-07-28
Exhibit 4.1 RIDGETECH, INC. ORDINARY SHARES (par value $0.15 per share) SALES AGREEMENT July 28, 2026 Pacific Century Securities, LLC 747 3rd Ave, Suite 2101, New York, New York 10017 Ladies and Gentlemen: Ridgetech, Inc., an exempted company incorporated under the laws of the Cayman Islands (collectively with its subsidiaries and affiliates, including, without limitation, all entities disclosed or described in the Registration Statement (as defined below) as being subsidiaries or affi…
Read attachment ↗ea029830001ex4-1.htm · 6-K · 2026-07-21
Exhibit 4.1 SUBSCRIPTION AGREEMENT This Subscription Agreement (this “Agreement”) is dated 16 July 2026 and is entered into by and between Ridgetech, Inc., an exempted company incorporated in the Cayman Islands (the “Company”), and Mr. Lingtao Kong (the “Subscriber”). WHEREAS, the Company proposes to issue preferred shares designated as the Series A Preferred Shares, with the rights, preferences, privileges, restrictions and conditions set forth in the Statement of Rights attached hereto as S…
Read attachment ↗ea029830001ex99-1.htm · 6-K · 2026-07-21
Exhibit 99.1 CONYERS DILL & PEARMAN LLP SIX, 2nd Floor, Cricket Square PO Box 2681, Grand Cayman KY1-1111 Cayman Islands T +1 345 945 3901 conyers.com 29 June 2026 Matter No.: 714046 The Nasdaq Stock Market, Inc. Listing Qualifications 805 King Farm Blvd Rockville MD 20850 USA Dear Sir/ Madam Re: Ridgetech, Inc. Nasdaq Listing Rules 5600 Series We have acted as special Cayman Islands legal counsel to Ridgetech, Inc., formerly known as “China Jo-Jo Drugsto…
Read attachment ↗