Ridgetech Inc.

Analysis for Ticker: RDGT

Ridgetech Inc operates physical pharmacies, online medical platforms, and wholesale distribution channels for drugs and traditional medicinal herbs across the People's Republic of China. The business is a mathematical illusion because it costs the company 0,96$ to earn 1$ of revenue, leaving only a microscopic 3,9% profit margin before they even pay for their offices or staff. This is a disaster because the company has accumulated a deficit of over 63$ million. To hide this, they have performed a share compression trick that turned 150 old shares into 1 new share, making a failing stock look expensive to people who cannot see the math beneath the surface.