TRUGOLF HOLDINGS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $18.9M | $21.9M | $20.6M |
| Cost of Revenue | $9.4M | $7.4M | $7.8M |
| Gross Profit | $9.5M | $13.9M | $12.8M |
| Gross Margin | 50.4% | 63.5% | 62.0% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $11.0M | $6.7M | $11.0M |
| Operating Income | $-6.1M | $-2.1M | $-8.7M |
| Operating Margin | -32.3% | -9.6% | -42.1% |
| Interest Expense | $663.0K | $545.3K | $601.1K |
| Pretax Income | — | — | $274.1K |
| Income Tax Expense | — | — | $57.6K |
| Net Income | $-15.2M | $-8.8M | $-10.3M |
| Net Margin | -80.7% | -40.2% | -50.0% |
| EPS (Basic) | $-51.39 | $-377.98 | $-0.88 |
| EPS (Diluted) | $-51.39 | $-377.98 | $-0.88 |
| Shares Outstanding (Basic) | 296.3K | 11.6M | 11.6M |
| Shares Outstanding (Diluted) | 296.3K | 11.6M | 11.6M |
| Dividends Per Share | — | — | — |