TruGolf Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 06/30/24 | FY 12/31/23 | FY 03/31/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $18.9M | $21.3M | — | $20.6M | — |
| Cost of revenue | $9.4M | $7.4M | — | $7.8M | — |
| Gross profit | $9.5M | $13.9M | — | $12.8M | — |
| Selling, general & administrative | $11.0M | $6.7M | — | $11.0M | — |
| Operating expenses | $15.6M | $16.0M | — | $21.4M | $2.2M |
| Operating income | -$6.1M | -$2.1M | — | -$8.7M | — |
| Interest expense | $663,014 | $545,268 | — | $601,064 | — |
| Pretax income | — | — | — | — | $274,139 |
| Income tax expense | — | — | — | — | $57,569 |
| Net income | -$15.2M | -$8.8M | — | -$10.3M | -$400,232 |
| Balance Sheet | |||||
| Cash and equivalents | $10.5M | $8.8M | — | $3.3M | — |
| Current assets | $15.5M | $14.8M | — | $12.7M | $9.8M |
| Total assets | $20.2M | $17.1M | — | $15.8M | $9.8M |
| Current liabilities | $14.4M | $15.8M | — | $10.7M | $2.8M |
| Total liabilities | $15.9M | $21.8M | — | $19.7M | $7.2M |
| Stockholders' equity | $4.3M | -$4.6M | $10.5M | -$3.9M | -$6.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$1.7M | -$4.0M | — | -$6.1M | -$1.0M |
| Depreciation and amortization | $38,470 | $76,794 | — | $58,641 | — |
| Stock-based compensation | $11,139 | $538,323 | — | — | — |
| Capital expenditure | $205,443 | $36,339 | — | $127,413 | — |
| Free cash flow | -$1.9M | -$4.0M | — | -$6.3M | — |
Shares outstanding 1.1M · Free float 87.1%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.