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 and business mix
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.