Linkage Global Inc (UZX) AI Stock Analysis
UZX AI stock analysis summary
AI ResearchLinkage Global Inc (UZX) is a Tokyo-based provider of integrated cross-border e-commerce services operating across Japan, Hong Kong, and Mainland China. Over three fiscal years from FY2022 to FY2025, revenue generated a 3-year compound annual growth rate of -38.6%, ending at $5.1M and producing an annual net loss of -$7.4M in FY2025. The company's stock fell 97.4% over the trailing one-year period, closing at $1.16 on October 16, 2026.
- Market cap
- $4.1M
- Revenue (TTM)
- $4.2M
- P/E
- —
- 1Y return
- -97.4% S&P 500 16.8%
- Avg. target
- —
Bull case
- Gross margin improved from 16.8% in FY2022 to 72.6% in FY2025.
- Short-term liquidity is supported by a current ratio of 4.47 as of March 31, 2026.
- The stock trades at a price-to-book ratio of 0.3x relative to shareholders' equity of $16.2M.
Bear case
- Top-line performance has contracted, showing a 3-year revenue compound annual growth rate of -38.6% between FY2022 and FY2025.
- Free cash flow was -$4.9M in FY2025, leaving cash and short-term investments at $533,405 as of March 31, 2026.
- The share price declined 97.4% over the past year and remains 93.4% below its 200-day moving average.
What Linkage Global does
Linkage Global Inc, founded in 2011 and headquartered in Tokyo, Japan, provides cross-border e-commerce integrated services in Japan, Hong Kong, and the People's Republic of China. The company operates through two segments: EXTEND and Other Subsidiaries. Its offerings include cross-border sales operation, digital marketing services, and e-commerce operation training alongside software support services. Additionally, Linkage Global provides agent services, cross border talent incubation, cross border trade, cross-global select supply chain services, and software assist services. The company reported 46 employees and an IPO year of 2026.
Growth and profitability
Annual revenue decreased from $22.0M in FY2022 to $12.7M in FY2023, $10.3M in FY2024, and $5.1M in FY2025, reflecting a 3-year revenue compound annual growth rate of -38.6%. Although gross margin widened from 16.8% in FY2022 to 72.6% in FY2025, operating margin declined from 5.5% in FY2022 to -90.1% in FY2025. Net income fell from $1.1M in FY2022 to -$7.4M in FY2025, with net margin reaching -144.5%. For the trailing twelve months ending September 30, 2025, revenue was $4.2M, with an operating margin of -65.8% and diluted earnings per share of -$11.73. Quarterly revenue for the period ending September 30, 2025, fell 25.2% year-over-year.
Balance sheet and cash flow
As of March 31, 2026, Linkage Global held $533,405 in cash and short-term investments and $556,531 in total debt, resulting in net debt of $23,126. Total shareholders' equity stood at $16.2M against total assets of $21.8M, supporting a current ratio of 4.47 and a debt-to-equity ratio of 0.03. Cash generation remained negative, with operating cash flow of -$4.7M and free cash flow of -$4.9M in FY2025. Capital expenditures totaled $171,110 during FY2025.
Valuation and performance
At a closing price of $1.16 on October 16, 2026, Linkage Global carried a market capitalization of $4.1M and an enterprise value of $7.1M. UZX trades at an enterprise value to EBITDA multiple of 57.0x, above the median of its US-listed Consumer Cyclical peers of 11.1x. Its price-to-sales ratio of 1.0x also exceeds the sector peer median of 0.7x, while its price-to-book ratio stands at 0.3x. Over the trailing 12 months, the stock fell 97.4%, compared to a 16.8% return for the S&P 500 benchmark.
What analysts expect
No analyst consensus ratings, price targets, earnings estimates, or upcoming earnings dates are available for Linkage Global. The stock last closed at $1.16 on October 16, 2026, leaving it 93.4% below its 200-day moving average. Over the trailing 52 weeks, the share price has ranged from $0.75 to $52.09. Insiders hold 13.0% of shares, while institutional investors account for 0.2% of ownership.
Key risks and what to watch
- Operating profitability remains depressed, reflected in a trailing twelve months operating margin of -65.8%.
- Negative operating cash flow of -$4.7M in FY2025 creates ongoing pressure on available cash reserves of $533,405.
- Quarterly revenue fell 25.2% year-over-year in the quarter ended September 30, 2025, showing sustained revenue erosion.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this UZX AI stock analysis
This page is an AI-written research summary of Linkage Global Inc (UZX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: UZX income statement, UZX balance sheet, UZX key metrics, UZX chart. See the UZX stock overview for the latest quote and news.
UZX AI stock analysis FAQ
What services does Linkage Global Inc provide?
Linkage Global Inc provides cross-border e-commerce services, digital marketing, training, software support, and supply chain services in Japan, Hong Kong, and Mainland China.
What are Linkage Global's primary valuation multiples?
As of October 16, 2026, Linkage Global trades at an EV to EBITDA multiple of 57.0x, a price-to-sales ratio of 1.0x, and a price-to-book ratio of 0.3x.
What was Linkage Global's net income in FY2025?
In FY2025, Linkage Global reported a net loss of -$7.4M on revenue of $5.1M, representing a net margin of -144.5%.
How much cash and debt does Linkage Global have?
As of March 31, 2026, the company held $533,405 in cash and short-term investments and $556,531 in total debt, resulting in net debt of $23,126.