LUDG

LUDWIG ENTERPRISES, INC.
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Company Information

Company Name
LUDWIG ENTERPRISES, INC.
CIK
CIK0001960262
Category
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
Ticker: Exchange
LUDG: OTC
Fiscal Year End
December 31
Owner Organization
08 Industrial Applications and Services
SIC
8071
SIC Description
Services-Medical Laboratories
Ticker
LUDG

SEC filing data through

Insider Sentiment

Last purchase
—
Last sale
2026-04-29
Shares purchased (TTM)
0
Shares sold (TTM)
500,000
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
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Institutional shares owned
—
Shares outstanding
—
Ownership
—

Earnings Market Reaction

Filing date
2026-05-29
Price on filing date
—
1-month reaction
-42.86%
3-month reaction
…
Drift continued6/9 (67%)
Faded / reversed3/9 (33%)

Balance Sheet

Values in millions ($)
Line item2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Related Party00-0-000-----
Cash-0--0000000
Assets Current
Cash And Cash Equivalents At Carrying Value0-000000---
Inventory Net000000-----
Prepaid Expense Current00000000000
Assets Of Disposal Group Including Discontinued Operation Current---------0-
Accounts And Other Receivables Net Current-----0-----
Deferred Offering Costs0000000----
Notes And Loans Receivable Net Current000000-----
Assets Current00000000000
Other Long Term Investments1----------
Intangible Assets Net Excluding Goodwill0000-------
Assets10000000000
Liabilities Current
Other Liabilities Current-----0-----
Bank Overdrafts-0---------
Accounts Payable And Accrued Liabilities Current21111010000
Other Notes Payable Current11111111111
Convertible Notes Payable Current11101110001
Customer Advances Current------000--
Warrants And Rights Outstanding0----------
Derivative Liabilities Current0101-------
Liabilities Current55443322221
Liabilities5544332222-
Stockholders Equity
Preferred Stock Value00000000000
Common Stock Value00000000000
Additional Paid In Capital55555554332
Retained Earnings Accumulated Deficit-9-9-8-8-8-7-7-6-6-4-4
Stockholders Equity-4-4-3-3-3-2-2-2-2-1-1
Liabilities And Stockholders Equity10000000000
Preferred Stock Shares Authorized77777777777
Preferred Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Issued77777777777
Preferred Stock Shares Outstanding77777777777
Common Stock Shares Authorized1,2501,2501,2501,2501,2501,2501,2501,2501,2501,2501,250
Common Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.000.000.00
Common Stock Shares Issued167163163162162161160159155155324
Shares Outstanding167163163162162161160159155155324

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Recent filings

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LUDWIG ENTERPRISES, INC. (LUDG) — SEC Financial Statements & Analysis

LUDWIG ENTERPRISES, INC. (LUDG) is a services-medical laboratories company, incorporated in NV. LUDWIG ENTERPRISES, INC. trades on OTC as: LUDG. LUDWIG ENTERPRISES, INC. (LUDG)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-05-29. Based on that filing, LUDWIG ENTERPRISES, INC. carries a market cap of $7.36M, a P/E ratio of -4.99x, a P/B ratio of -1.83x, a P/S ratio of 74150.39x, an enterprise value of $8.73M, and an EV/EBITDA multiple of -4.81x. On profitability, it posts an operating margin of -841451.69%, a net margin of -1078357.49%, a Return on Equity (ROE) of 43.55%, and a Return on Assets (ROA) of -194.61%. Per share, it reports EPS of $-0.01, diluted EPS of $-0.00, free cash flow per share of $-0.00, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -100.00% year-over-year, net income growth of -24.16% year-over-year, and EPS growth of -25.27% year-over-year. On the balance sheet, it maintains a current ratio of 0.05x, a quick ratio of 0.05x, working capital of $-5.04M, a debt-to-equity ratio of -1.31x, a debt ratio of 4.19, an interest coverage ratio of -11.13x, free cash flow of $-717.73K (TTM), and net debt of $1.37M. Figures sourced from SEC EDGAR.

Market Cap
$7.36M
P/E TTM
-4.99x
EPS TTM
$-0.01
P/B TTM
-1.83x
ROE TTM
43.55%
ROA TTM
-194.61%
Debt To Equity
-1.31x
Free Cash Flow TTM
$-717.73K
Net Revenue TTM Growth 1Y
-100.00%

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is LUDWIG ENTERPRISES, INC. in?

LUDWIG ENTERPRISES, INC. (LUDG) operates in the Services-Medical Laboratories industry.

What exchange does LUDG trade on?

LUDWIG ENTERPRISES, INC. (LUDG) trades on the OTC.

Where is LUDWIG ENTERPRISES, INC. incorporated?

LUDWIG ENTERPRISES, INC. is incorporated in NV.

When was LUDWIG ENTERPRISES, INC. (LUDG)'s most recent SEC filing?

LUDWIG ENTERPRISES, INC. (LUDG)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-05-29.

What is LUDG's market cap?

LUDWIG ENTERPRISES, INC. (LUDG) has a market capitalization of $7.36M as of 2026-03-31.

What is LUDG's EPS (earnings per share)?

LUDWIG ENTERPRISES, INC. (LUDG)'s trailing twelve month EPS is $-0.01 as of 2026-03-31.

What is LUDG's ROE (return on equity)?

LUDWIG ENTERPRISES, INC. (LUDG)'s trailing twelve month Return on Equity (ROE) is 43.55% as of 2026-03-31.

What is LUDG's ROA (return on assets)?

LUDWIG ENTERPRISES, INC. (LUDG)'s trailing twelve month Return on Assets (ROA) is -194.61% as of 2026-03-31.

What is LUDG's EV/EBITDA?

LUDWIG ENTERPRISES, INC. (LUDG)'s trailing twelve month EV/EBITDA is -4.81x as of 2026-03-31.

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