LGCL

MKT CAP:$5M

Lucas GC Limited Ordinary Shares

Market Cap

$5M

Technology·Software - Application·🇨🇳 China·NASDAQ

Technology·Software App·🇨🇳·NASDAQ

Stock Price

$2.07-$0.23 (-10.00%)

Apr 21, 2026

Company Details

Lucas GC Limited, through its subsidiaries, provides online agent-centric human capital management services based on platform-as-a-service (PaaS) in the People's Republic of China. Its Star Career and Columbus platforms enables registered u...

CEO

Howard Lee

IPO Date

Mar 5, 2024

Website

hunter.lucasgchr.com

Key Metrics TTM

Revenue

$329M

+140.3% YoY

Net Income

$13M

EPS (Diluted)

$63.42

Free Cash Flow

-$7M

Revenue / Share

$118.03

Gross Margin

32.2%

Operating Margin

3.9%

Net Margin

3.9%

FCF Margin

-2.0%

P/S

0.0x

P/E

0.4x

Earnings Reports

FY 2025

Apr 20, 2026

NEW

$148M-4.7%EPS $0.57

Q4 2025

Apr 20, 2026

NEW

$92MEPS -$0.58

Q2 2025

Jun 29, 2025

$53M-39.7%EPS $58.16

FY 2024

Mar 31, 2025

$155M-27.9%EPS $2.98

Q2 2024

Jun 30, 2024

$88M-26.2%EPS $4.03

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$2M	$612.0K	$30.6K
Q4 20	$2M	$612.0K	$30.6K
Q2 21	$7M	$2M	$420.4K
Q4 21	$7M	$2M	$420.4K
Q2 23	$120M	$34M	$7M
Q4 23	$96M	$27M	$2M
Q2 24	$88M	$30M	$8M
Q2 25	$53M	$18M	$2M
Q4 25	$92M	$31M	$615.9K

Valuation

Quarter	P/S	P/E
Q2 20	—	—
Q4 20	—	—
Q2 21	—	—
Q4 21	11.9x	235.2x
Q2 23	1.7x	26.7x
Q4 23	1.0x	19.1x
Q2 24	0.5x	8.0x
Q2 25	0.2x	3.8x
Q4 25	0.0x	0.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 20	$25.7K	-$56.0K
Q4 20	$25.7K	-$56.0K
Q2 21	$686.8K	$413.3K
Q4 21	$686.8K	$413.3K
Q2 23	-$2M	-$2M
Q4 23	-$3M	-$5M
Q2 24	$0	$0

Capital Expenditures

Quarter	CapEx
Q2 20	$81.7K
Q4 20	$81.7K
Q2 21	$273.4K
Q4 21	$273.4K
Q2 23	$0
Q4 23	$2M
Q2 24	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	+4817.6%	+4570.7%
Q4 23	+3821.0%	+3769.1%
Q2 24	+1097.5%	+1058.2%
Q2 25	+621.8%	+635.1%
Q4 25	-23.2%	-18.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 20	$0	0.0%
Q4 20	$0	0.0%
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q2 20	$215.5K	$2M	$701.8K	—
Q4 20	$215.5K	$2M	$701.8K	—
Q2 21	$795.7K	$3M	$2M	—
Q4 21	$795.7K	$3M	$2M	—
Q2 23	$11M	$9M	$6M	—
Q4 23	$12M	$7M	$6M	—
Q2 24	$12M	$4M	$6M	—
Q2 25	$6M	—	—	$10M
Q4 25	$18M	—	—	$12M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 20	—	8.8%	—
Q4 20	—	8.8%	—
Q2 21	—	36.9%	—
Q4 21	—	36.9%	—
Q2 23	4817.6%	6.5%	4824.1
Q4 23	3821.0%	2.9%	3823.9
Q2 24	1097.5%	9.1%	1106.6
Q2 25	621.8%	3.9%	625.7
Q4 25	-23.2%	0.7%	-22.6

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 20	$108.5K	$138.7K	$247.1K
Q2 21	$559.2K	$413.8K	$973.0K
Q4 21	$1M	$689.0K	$2M
Q4 22	$7M	$584	$7M
Q2 23	$8M	$584	$8M
Q4 23	$4M	$0	$4M
Q2 24	$8M	$0	$8M
Q4 24	$4M	$409.6K	$5M
Q2 25	$4M	$198.9K	$4M
Q4 25	$4M	$688.7K	$5M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	2M	—	—
Q4 20	2M	0.0%	—
Q2 21	2M	0.0%	—
Q4 21	2M	0.0%	—
Q2 23	2M	-1.9%	-1.9%
Q4 23	2M	0.0%	-1.9%
Q2 24	2M	0.0%	-1.9%
Q2 25	51K	-97.4%	-97.5%
Q4 25	3M	+5419.1%	+43.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 20	—	—
Q4 20	—	—
Q2 21	—	—
Q4 21	—	—
Q2 23	—	—
Q4 23	$264.7K	361
Q2 24	$245.1K	361
Q2 25	$167.2K	319
Q4 25	$288.4K	319

Revenue / Employee