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NASDAQ · SPORTING & ATHLETIC GOODS, NEC

TruGolf Holdings, Inc. TRUG

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$18.9M
▼ 11.3% YoY
$-15.2M
$-1.9M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

General TruGolf is a golf technology company focused on indoor golf simulation hardware, software, and related services. TruGolf Nevada, was formed in 1995, and was a subsidiary of Access Software. Today, we offer a portfolio of golf technology products designed to help users play, improve, and enjoy golf in indoor environments. Our hardware offerings include launch monitors such as APOGEE and LaunchBox, simulator systems ranging from compact and portable configurations to premium and custom installations, and related components and services.

Written from the business description in TruGolf Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth

USD 18.9M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 18.9 · Net income -15.2
10M20M-10M-20M
202120242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−81 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -32.3% · Net -80.7%
-50%
202120232025
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -171%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -1.9
-2.5M-5.0M
202120232025

Total assetsUSD 20.2M
EquityUSD 4.3M
CashUSD 10.5M
Gross debtUSD 2.8M
Net debtUSD -7.6M
Current ratio1.07×

The company holds more cash than debt.

The 5-year record

5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
TRUG, 5-year financial record
Metric 20252024202320222021
Revenue $B0.00.00.0◌◌
Operating income $B−0.0−0.0−0.00.0◌
EBITDA $B−0.0−0.0−0.0◌◌
Income tax $B◌◌◌0.0◌
Net income $B−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0◌◌
EPS, diluted $−51.39−377.98−857.35◌◌
Dividend / sh $◌◌◌◌◌
Payout % — not applicable: no dividend—————
ROE % — not applicable: negative equity—————

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 21 reconciliationsAUDITED

Reconciled in 5 of the 5 fiscal years we could check. 28 checks were skipped: the balance sheet is not tagged before 2021. 16 checks were skipped: the share count is not tagged before 2023. 16 checks were skipped: revenue is not tagged before 2023.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySporting & Athletic Goods, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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