Technology · Software - Application
Price
$0.41
Market Cap
$4.6M
Employees
46
Beta
-0.56
Avg Volume
192,785
CEO
Yang Wang
Business Description
Linkage Global, Inc. is a holding company, which engages in providing cross-border e-commerce integrated services. Through its operating entities, it developed a comprehensive service system comprised of two lines of business complementary to each other, including cross-border sales and integrated e-commerce services. It operates through the Extend and Other Subsidiaries segments. The company was founded on March 24, 2022 and is headquartered in Tokyo, Japan.
Business History
Price Overview
Last updated: Jun 27, 2026 10:04am (just now)$0.41
+0.03 (+8.52%)
Day Range
$0.38 – $0.43
52-Week Range
$0.28 – $3.10
50-Day MA
$1.09
200-Day MA
$1.73
Volume
408,472.00
Share Structure
Outstanding
11,112,739.00
Float
1,930,112.00
Free Float
17.4%
Low free float
— 17.4% of shares trade freely, ~82.6% held by insiders/institutions
Below average liquidity. Large orders can move the price significantly. Insiders or strategic holders control the majority — watch for lockup expirations or secondary offerings.
Small absolute float (1.9M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-48.71
Stock Price: $0.41
EPS (Diluted): -0.01
EPS (Diluted): -0.01
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
103.71
Stock Price: $0.41
Total Equity: $110,614
Shares: 5,793,575
Total Equity: $110,614
Shares: 5,793,575
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-402.75
Market Cap: $4.60M
Total Debt: $24,823
Cash: $4,974
EBITDA: -$28,536
Total Debt: $24,823
Cash: $4,974
EBITDA: -$28,536
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$11.5M
Market Cap: $4.60M
Total Debt: $24,823
Cash: $4,974
Total Debt: $24,823
Cash: $4,974
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
335.60
Stock Price: $0.41
Revenue: $34,181
Shares: 5,793,575
Revenue: $34,181
Shares: 5,793,575
EV/Sales (Total value vs revenue — works when P/E can't)
API336.24
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
71.7%
Gross Profit: $24,491
Revenue: $34,181
Revenue: $34,181
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-90.4%
Operating Income: -$30,910
Revenue: $34,181
Revenue: $34,181
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-144.5%
Net Income: -$49,400
Revenue: $34,181
Revenue: $34,181
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
-44.7%
Net Income: -$49,400
Total Equity: $110,614
Total Equity: $110,614
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
-25.1%
Operating Income: -$30,910
Tax Rate: -5.8%
Equity: $110,614
Total Debt: $24,823
Cash: $4,974
Tax Rate: -5.8%
Equity: $110,614
Total Debt: $24,823
Cash: $4,974
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
5.08
Current Assets: $140,321
Current Liabilities: $27,638
Current Liabilities: $27,638
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.22
Short-Term Debt: $18,501
Long-Term Debt: $6,322
Total Debt: $24,823
Total Equity: $110,614
Long-Term Debt: $6,322
Total Debt: $24,823
Total Equity: $110,614
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$0.01
Revenue: $34,181
Shares: 5,793,575
Shares: 5,793,575
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.02
Total Equity: $110,614
Shares: 5,793,575
Shares: 5,793,575
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.01
Operating CF: -$31,408
CapEx: -$1,151
Shares: 5,793,575
CapEx: -$1,151
Shares: 5,793,575
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $0.41
Stock Price: $0.41
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$49,400
Net Income: -$49,400
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares LGCB against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 22, 2026 6:28am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $15.5M | $22.0M | $12.7M | $10.3M | $34,181 |
| Cost of Revenue | $12.9M | $18.3M | $10.9M | $6.1M | $9,690 |
| Gross Profit | $2.5M | $3.7M | $1.9M | $4.2M | $24,491 |
| Operating Expenses | $1.7M | $2.5M | $2.6M | $4.2M | $55,401 |
| Operating Income | $881,000 | $1.4M | $-696,750 | $-76,555 | $-30,910 |
| Net Income | $751,666 | $1.1M | $-652,728 | $-439,336 | $-49,400 |
| EBITDA | $914,371 | $1.3M | $-431,748 | $235,508 | $-28,536 |
| EPS | $0.04 | $0.05 | $-0.03 | $-0.02 | $-0.01 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 6:28am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.8M | $3.7M | $1.1M | $2.0M | $4,974 |
| Total Current Assets | $4.2M | $7.1M | $8.6M | $12.0M | $140,321 |
| Total Assets | $7.6M | $9.1M | $10.6M | $12.7M | $144,575 |
| Current Liabilities | $2.4M | $3.7M | $4.7M | $4.4M | $27,638 |
| Long-Term Debt | $3.4M | $2.7M | $2.0M | $839,560 | $6,322 |
| Total Liabilities | $5.9M | $6.3M | $7.1M | $5.7M | $33,960 |
| Total Equity | $1.7M | $2.7M | $3.5M | $7.0M | $110,614 |
| Retained Earnings | $1.7M | $2.7M | $2.1M | $1.6M | $-38,967 |
Cash Flow (Annual)
Last updated: Jun 22, 2026 6:28am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.2M | $1.2M | -$3.9M | -$1.6M | $-31,408 |
| Capital Expenditure | -$3.1M | $-481,391 | $-12,137 | $-5 | $-1,151 |
| Free Cash Flow | -$1.8M | $687,537 | -$3.9M | -$1.6M | $-32,560 |
| Acquisitions (net) | $-139,393 | $-40,098 | $1.7M | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $25,258 | $1.9M | -$2.6M | $893,252 | $-9,012 |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 6:28am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +42.4% | -42.2% | -19.2% | -99.7% |
| Gross Profit Growth | +46.0% | -49.8% | +123.9% | -99.4% |
| Operating Income Growth | +60.0% | -149.4% | +89.0% | +59.6% |
| Net Income Growth | +41.9% | -161.2% | +32.7% | +88.8% |
| EBITDA Growth | +42.3% | -133.2% | +154.5% | -112.1% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-02-03 | Zhihua Wu | 0.00 | $0.00 | $0 | |
| 2026-02-03 | Zhihua Wu | 0.00 | $0.00 | $0 | |
| 2026-02-03 | Fuyunishiki Ryo | 0.00 | $0.00 | $0 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for LGCB — it's generated by the pipeline (
market-narrative step).
No community reviews yet for LGCB.
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30