Thu, May 15, 6:14 PM (34 days ago)
**Ludwig Enterprises, Inc. (LUDG) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $0 for Q1 2025, down from $10 in Q1 2024. - **Net Loss:** $540,943 for Q1 2025, improved from $1,610,880 in Q1 2024. - **Operating Expenses:** $524,921 for Q1 2025, up from $365,589 in Q1 2024. - **Cash Flow:** Net cash used in operations was $89,562 for Q1 2025, down from $102,865 in Q1 2024. - **Profit Margins:** Negative, with significant operating losses. - **Cash Position:** $16,571 at the end of Q1 2025, up from $6,741 at the end of 2024. **Key Metrics and Trends:** - **Working Capital Deficit:** $2,752,716 at Q1 2025, up from $2,378,145 at the end of 2024. - **Accumulated Deficit:** $7,800,309 at Q1 2025, up from $7,259,366 at the end of 2024. - **Stockholders' Deficit:** $2,752,716 at Q1 2025, up from $2,378,145 at the end of 2024. - **Going Concern:** Significant doubt about the company's ability to continue as a going concern within the next 12 months. **Future Operations and Uncertainties:** - **Strategic Plans:** Execute business operations, seek strategic acquisitions, and explore partnership opportunities. - **Funding:** May seek to raise debt or equity-based capital at favorable terms, though such terms are not certain. - **Revenue Expectations:** Anticipates beginning revenues from sales of planned products in Q3 2025. - **Operating Expenses:** Expects operating expenses for all of 2025 to exceed those incurred in 2024, depending on capital availability. **Impact on Future Operations:** - **Capital Requirements:** Needs additional funds to implement full business plans and cover operating expenses. - **Market Risks:** Volatility or decline in stock price, potential fluctuation in quarterly results, and rapid changes in markets. - **Legal and Regulatory:** No pending legal proceedings, but potential risks associated with raising capital and market conditions. **Conclusion:** Ludwig Enterprises, Inc. faces significant financial challenges, including a working capital deficit and substantial accumulated losses. The company's strategic plans involve expanding operations, seeking acquisitions, and exploring partnerships. However, the ability to secure necessary funding and achieve revenue growth remains uncertain. Investors should closely monitor the company's efforts to raise capital and execute its strategic initiatives.