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TRUG

TruGolf Holdings, Inc.

Price Chart
Latest Quote

$1.17

-0.03 (-2.50%)
Current Price
Previous Close $1.20
Open $1.21
Day High $1.21
Day Low $1.15
Volume 94,350
Fetched: 2026-07-17T04:01:15
Stock Information
Shares Outstanding 1.09M
Total Debt $4.18M
Cash Equivalents $8.84M
Revenue $18.66M
Net Income $-14.00M
Sector Consumer Cyclical
Industry Leisure
Market Cap $1.33M
EPS (TTM) $-9.90
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$-3.33M
Sales$18.66M
Income$-14.00M
Book/sh$3.79
Cash/sh$8.08
Employees67
Financial Ratios
Quick Ratio0.65
Current Ratio0.92
Debt/Eq166.59
Returns & Margins
ROA-19.11%
Gross Margin46.97%
Operating Margin-25.79%
Profit Margin-75.05%
Ownership
Insider Ownership2.02%
Institutional Ownership2.49%
Insider & Institutional transactions data not available
Valuation Ratios
P/S0.07
P/B0.31
Analyst Data
Recommendationnone
Target Price$6.00
Technical Indicators
SMA20$1.31
SMA50$1.51
SMA200$8.26
RSI41.46
ATR0.1689
Shares Float1.07M
Short Float6.80%
Short Ratio0.53
Volatility-1.10
Rel Volume15.61
Performance History
Week-7.75%
Month-11.85%
Quarter-55.76%
6 Months-85.03%
YTD-82.80%
Year-97.92%
3 Years-99.98%
10 Years-99.98%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-07-17 $1.19 14,261,200
2026-07-16 $1.17 176,800
2026-07-15 $1.20 172,200
2026-07-14 $1.26 351,000
2026-07-13 $1.22 127,900
2026-07-10 $1.29 71,800
2026-07-09 $1.35 184,900
2026-07-08 $1.34 102,300
2026-07-07 $1.41 168,700
2026-07-06 $1.51 1,045,700
2026-07-02 $1.33 231,700
2026-07-01 $1.32 56,700
2026-06-30 $1.29 58,400
2026-06-29 $1.38 194,800
2026-06-26 $1.33 435,000
2026-06-25 $1.25 164,400
2026-06-24 $1.35 150,000
2026-06-23 $1.29 64,000
2026-06-22 $1.34 173,700
2026-06-18 $1.35 75,100
About TruGolf Holdings, Inc.

TruGolf Holdings, Inc., through its subsidiary, engages in the design, development, manufacture, and sale of golf simulators for residential and commercial applications in the United States. The company offers portable, professional, commercial, and custom simulators. It also provides E6 Connect and E6 Apex software, as well as other gaming software. In addition, the company offers multi-sport gaming applications. TruGolf Holdings, Inc. was founded in 1982 and is headquartered in Centerville, Utah.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $9,359,380 $7,401,511 $7,825,768 $7,018,378
Cost Of Revenue $9,359,380 $7,401,511 $7,825,768 $7,018,378
Total Revenue $18,878,997 $21,282,649 $20,583,851 $20,227,331
Operating Revenue $18,878,997 $21,282,649 $20,583,851 $20,227,331
Expenses
Interest Expense $3,256,687 $6,932,618 $1,730,908 $1,589,223
Total Expenses $24,981,351 $23,385,610 $29,244,063 $19,137,416
Other Income Expense $-6,134,560 $133,760 - $-100,000
Other Non Operating Income Expenses $600 - - -
Net Non Operating Interest Income Expense $-2,990,979 $-6,826,218 $-1,622,897 $-1,946,756
Interest Expense Non Operating $3,256,687 $6,932,618 $1,730,908 $1,589,223
Operating Expense $15,621,971 $15,984,099 $21,418,295 $12,119,038
General And Administrative Expense $15,621,971 $15,984,099 $20,708,655 $11,568,075
Other Operating Expenses - $706,214 $709,640 $550,963
Total Other Finance Cost - - - $357,533
Selling And Marketing Expense - - - $956,194
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Net Interest Income $-2,990,979 $-6,826,218 $-1,622,897 $-1,946,756
Interest Income $265,708 $106,400 $108,011 -
Normalized Income $-9,092,733 $-8,929,179 $-10,283,109 $-856,841
Net Income From Continuing And Discontinued Operation $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Total Operating Income As Reported $-6,102,354 $-2,102,961 $-8,660,212 $732,382
Net Income Common Stockholders $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Net Income $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Net Income Including Noncontrolling Interests $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Net Income Continuous Operations $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Pretax Income $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Special Income Charges $-6,135,160 $-270,594 $0 $0
Interest Income Non Operating $265,708 $106,400 $108,011 -
Operating Income $-6,102,354 $-2,102,961 $-8,660,212 $1,089,915
Gross Profit $9,519,617 $13,881,138 $12,758,083 $13,208,953
Earnings From Equity Interest - - - $-100,000
Per Share
Diluted EPS $-51.39 $-377.98 $-387.90 $-36.09
Basic EPS $-51.39 $-377.98 $-387.90 $-36.09
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-4,331,345 $-1,356,725 $-8,195,352 $958,584
Total Unusual Items $-6,135,160 $133,760 $0 $-100,000
Total Unusual Items Excluding Goodwill $-6,135,160 $133,760 $0 $-100,000
Reconciled Depreciation $1,504,701 $639,836 $356,849 $226,202
EBITDA (Bullshit earnings) $-10,466,505 $-1,222,965 $-8,195,352 $858,584
EBIT $-11,971,206 $-1,862,801 $-8,552,201 $632,382
Diluted Average Shares $296,313 $23,270 $26,510 $26,510
Basic Average Shares $296,313 $23,270 $26,510 $26,510
Diluted NI Availto Com Stockholders $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Tax Provision $0 $0 $0 $0
Other Special Charges $6,135,160 $270,594 - -
Selling General And Administration $15,621,971 $15,984,099 $20,708,655 $11,568,075
Other Gand A $11,006,020 $6,669,684 $11,027,332 $4,594,848
Salaries And Wages $4,615,951 $9,314,415 $9,681,323 $6,973,227
Gain On Sale Of Security - $404,354 - $-100,000
Write Off - - - $0
Fetched: 2026-07-15
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $666,722 $-6,180,902 $-3,917,728 $-3,430,759
Total Assets $20,181,136 $17,142,196 $15,769,560 $14,586,384
Total Non Current Assets $4,702,831 $2,349,265 $3,112,954 $898,413
Other Non Current Assets $31,023 $31,023 $1,875,000 -
Goodwill And Other Intangible Assets $3,633,661 $1,540,121 $0 -
Other Intangible Assets $3,633,661 $1,540,121 - -
Current Assets $15,478,305 $14,792,931 $12,656,606 $13,687,971
Other Current Assets $985,076 $162,356 $262,133 $165,588
Restricted Cash $2,100,000 $2,100,000 $2,100,000 -
Inventory $863,257 $2,349,345 $2,119,084 $2,121,480
Receivables $1,060,709 $1,399,153 $2,398,872 $1,744,637
Accounts Receivable $1,060,709 $1,399,153 $2,398,872 $1,744,637
Allowance For Doubtful Accounts Receivable $-1,553,000 $-1,470,868 $-1,227,136 $-527,136
Gross Accounts Receivable $2,613,709 $2,870,021 $3,626,008 $2,271,773
Cash Cash Equivalents And Short Term Investments $10,469,263 $8,782,077 $5,776,517 $9,656,266
Cash And Cash Equivalents $10,469,263 $8,782,077 $3,297,564 $9,656,266
Prepaid Assets - - - $147,748
Debt
Total Debt $4,330,941 $9,120,651 $9,250,988 $4,337,274
Long Term Debt And Capital Lease Obligation $478,944 $5,007,810 $3,932,011 $1,946,796
Long Term Debt $287,000 $4,702,685 $3,263,783 $1,436,618
Current Debt And Capital Lease Obligation $3,851,997 $4,112,841 $5,318,977 $2,390,478
Current Debt $3,349,471 $3,749,739 $4,984,722 $2,166,319
Other Current Borrowings $2,546,733 $2,947,001 $2,201,047 $1,620,694
Net Debt - - $4,950,941 -
Liabilities
Total Liabilities Net Minority Interest $15,880,753 $21,782,977 $19,687,288 $18,017,143
Total Non Current Liabilities Net Minority Interest $1,478,944 $6,007,810 $9,018,949 $10,607,580
Tradeand Other Payables Non Current $1,000,000 $1,000,000 $5,023,923 $8,660,784
Current Liabilities $14,401,809 $15,775,167 $10,668,339 $7,409,563
Current Deferred Liabilities $5,560,725 $3,113,010 $1,704,224 $2,712,520
Payables And Accrued Expenses $4,849,087 $8,409,316 $3,505,138 $2,066,243
Interest Payable $594,590 $661,376 $459,872 $92,552
Payables $2,885,747 $6,949,188 $2,103,662 $1,503,882
Dividends Payable $118,362 $4,023,923 $0 -
Total Tax Payable $0 $105,563 $43,891 $40,545
Accounts Payable $2,767,385 $2,819,702 $2,059,771 $1,463,337
Other Non Current Liabilities - $-1 $63,015 -
Other Current Liabilities - - - $100,322
Equity
Common Stock Equity $4,300,382 $-4,640,781 $-3,917,728 $-3,430,759
Preferred Stock Equity $1 - - -
Total Equity Gross Minority Interest $4,300,383 $-4,640,781 $-3,917,728 $-3,430,759
Stockholders Equity $4,300,383 $-4,640,781 $-3,917,728 $-3,430,759
Retained Earnings $-41,076,500 $-21,155,496 $-12,358,924 $-2,075,815
Gains Losses Not Affecting Retained Earnings - $0 $-1,662 -
Other Equity Adjustments - - $-1,662 -
Other
Treasury Shares Number $9 $9 - -
Ordinary Shares Number $442,889 $55,665 $26,510 $26,510
Share Issued $442,898 $55,674 $26,510 $26,510
Tangible Book Value $666,721 $-6,180,902 $-3,917,728 $-3,430,759
Invested Capital $7,936,853 $3,811,643 $4,330,777 $172,178
Working Capital $1,076,496 $-982,236 $1,988,267 $6,278,408
Capital Lease Obligations $694,470 $668,227 $1,002,483 $734,337
Total Capitalization $4,587,383 $61,904 $-653,945 $-1,994,141
Treasury Stock $2,037,000 $2,037,000 $2,037,000 $2,037,000
Additional Paid In Capital $47,413,839 $18,551,710 $10,479,738 $681,956
Capital Stock $44 $5 $120 $100
Common Stock $43 $5 $120 $100
Preferred Stock $1 $0 $0 $0
Long Term Capital Lease Obligation $191,944 $305,125 $668,228 $510,178
Current Deferred Revenue $5,560,725 $3,113,010 $1,704,224 $2,712,520
Current Capital Lease Obligation $502,526 $363,102 $334,255 $224,159
Line Of Credit $802,738 $802,738 $2,783,675 $545,625
Current Provisions $140,000 $140,000 $140,000 $140,000
Current Accrued Expenses $1,963,340 $1,460,128 $1,401,476 $562,361
Net PPE $1,038,147 $778,121 $1,237,954 $898,413
Accumulated Depreciation $-951,614 $-957,818 $-881,024 $-822,385
Gross PPE $1,989,761 $1,735,939 $2,118,978 $1,720,798
Other Properties $698,521 $650,142 $988,536 $748,750
Machinery Furniture Equipment $1,291,240 $1,085,797 $1,099,459 $972,048
Raw Materials $863,257 $2,349,345 $2,119,084 $2,121,480
Construction In Progress - $31,023 $30,983 -
Other Short Term Investments - $0 $2,478,953 -
Fetched: 2026-07-15
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-5,135,314 $-5,733,416 $-6,260,634 $750,449
Operating Activities
Operating Cash Flow $-1,698,381 $-3,995,606 $-6,133,221 $791,879
Cash Flow From Continuing Operating Activities $-1,698,381 $-3,995,606 $-6,133,221 $791,879
Operating Gains Losses $6,135,160 $128,275 $93,530 $545,032
Investing Activities
Capital Expenditure $-3,436,933 $-1,737,810 $-127,413 $-41,430
Investing Cash Flow $-3,436,933 $741,143 $-2,620,558 $-41,430
Cash Flow From Continuing Investing Activities $-3,436,933 $741,143 $-2,620,558 $-41,430
Capital Expenditure Reported $-3,231,490 $-1,701,471 $0 -
Financing Activities
Financing Cash Flow $6,822,500 $8,738,976 $4,495,077 $-1,802,860
Cash Flow From Continuing Financing Activities $6,822,500 $8,738,976 $4,495,077 $-1,802,860
Net Other Financing Charges - $361,378 $40,150 -
Repurchase Of Capital Stock - - - $0
Cash Dividends Paid - - - $-1,965,706
Common Stock Dividend Paid - - - $-1,965,706
Net Common Stock Issuance - - - $0
Other
Repayment Of Debt $-697,000 $-2,525,083 $-144,569 $-412,511
Issuance Of Debt $2,520,000 $10,902,681 $4,599,496 $575,357
Interest Paid Supplemental Data $108,993 $923,975 $1,115,332 $602,255
Income Tax Paid Supplemental Data $0 $0 $0 -
End Cash Position $12,569,263 $10,882,077 $5,397,564 $9,656,266
Beginning Cash Position $10,882,077 $5,397,564 $9,656,266 $10,708,677
Changes In Cash $1,687,186 $5,484,513 $-4,258,702 $-1,052,411
Proceeds From Stock Option Exercised $4,999,500 $0 - -
Net Issuance Payments Of Debt $1,823,000 $8,377,598 $4,454,927 $162,846
Net Short Term Debt Issuance $0 $-1,980,937 $2,166,437 $575,357
Short Term Debt Payments $0 $-1,980,937 $0 $0
Net Long Term Debt Issuance $1,823,000 $10,358,535 $2,288,490 $-412,511
Long Term Debt Payments $-697,000 $-544,146 $-144,569 $-412,511
Long Term Debt Issuance $2,520,000 $10,902,681 $2,433,059 $0
Net Investment Purchase And Sale $0 $2,478,953 $-2,493,145 -
Sale Of Investment $0 $2,478,953 $0 -
Net PPE Purchase And Sale $-205,443 $-36,339 $-127,413 $-41,430
Purchase Of PPE $-205,443 $-36,339 $-127,413 $-41,430
Change In Working Capital $3,267,631 $1,116,452 $-2,951,610 $737,438
Change In Other Working Capital $2,447,715 $1,408,786 $-1,008,296 $118,172
Change In Other Current Liabilities $-445,092 $-397,271 $-206,833 $-168,110
Change In Other Current Assets $45,737 $4,264 $-1,875,613 $-140
Change In Payables And Accrued Expense $345,328 $11,908 $1,586,835 $1,087,151
Change In Accrued Expense $397,646 $-433,053 $990,401 $301,067
Change In Interest Payable $-66,786 $201,504 $615,582 $92,552
Change In Payable $-52,318 $444,961 $596,434 $786,084
Change In Account Payable $-52,318 $444,961 $596,434 $786,084
Change In Prepaid Assets $-868,457 $145,514 $-114,385 $210,335
Change In Inventory $1,486,088 $-230,261 $2,396 $-265,615
Change In Receivables $256,312 $173,512 $-1,335,714 $-244,355
Changes In Account Receivables $256,312 $173,512 $-1,335,714 $-244,355
Other Non Cash Items $2,528,744 $1,550,720 $5,969,640 $240,048
Stock Based Compensation $11,139 $538,323 $0 -
Asset Impairment Charge $82,137 $826,207 $681,479 $0
Depreciation Amortization Depletion $1,504,701 $639,836 $356,849 $226,202
Depreciation And Amortization $1,504,701 $639,836 $356,849 $226,202
Depreciation $1,504,701 $639,836 $356,849 $226,202
Net Income From Continuing Operations $-15,227,893 $-8,795,419 $-10,283,109 $-956,841
Short Term Debt Issuance - $0 $2,166,437 $575,357
Purchase Of Investment - $0 $-2,493,145 -
Gain Loss On Investment Securities - $-142,319 $93,530 $445,032
Common Stock Payments - - - $0
Earnings Losses From Equity Investments - - - $100,000
Fetched: 2026-07-15