Hongchang International Co., Ltd
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9M | $2.7M | $79.0K | $96.5K | $222.7K | $163.7K | $188.2K | $3.2M |
| Cost of Revenue | $2.7M | $2.6M | $27.4K | $30.3K | $118.5K | $83.6K | $70.0K | $2.8M |
| Gross Profit | $181.6K | $69.4K | $51.6K | $66.2K | $104.2K | $80.1K | $118.3K | $385.6K |
| Gross Margin | 6.3% | 2.6% | 65.3% | 68.6% | 46.8% | 48.9% | 62.8% | 12.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | $54.2K | $214.9K |
| SG&A Expense | $560.6K | $538.9K | $240.0K | — | — | — | $319.0K | $1.6M |
| Operating Income | $-383.3K | $-469.6K | $-240.0K | $-162.8K | $-278.8K | $-538.1K | $-287.9K | $-1.6M |
| Operating Margin | -13.4% | -17.5% | -304.0% | -168.8% | -125.2% | -328.8% | -153.0% | -50.2% |
| Interest Expense | — | — | — | — | — | — | $1.0K | $1.2K |
| Pretax Income | $-494.7K | $-444.7K | $-240.0K | $-163.0K | $-753.1K | $-540.0K | — | — |
| Income Tax Expense | $-22.3K | $-65.9K | — | — | — | — | — | — |
| Net Income | $-472.4K | $-378.8K | $-240.0K | $-163.0K | $-548.4K | $-488.4K | $-158.5K | $-3.5M |
| Net Margin | -16.5% | -14.2% | -304.0% | -169.0% | -246.2% | -298.4% | -84.2% | -111.5% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | $-0.01 |
| Shares Outstanding (Basic) | 518.8M | 450.2M | 431.7M | 7.23B | 7.23B | 7.78B | 696.0M | 696.0M |
| Shares Outstanding (Diluted) | 518.8M | 450.2M | 431.7M | 7.23B | 7.23B | 7.78B | 696.0M | 696.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |