HORIZON KINETICS HOLDING CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $72.8M | $55.8M | $47.3M | $3.0M | $29.7M | $29.0M | $28.5M | $37.1M |
| Cost of Revenue | — | — | $2.0M | $1.6M | $17.2M | $17.3M | $17.6M | $20.8M |
| Gross Profit | — | — | $1.4M | $1.4M | $12.5M | $11.6M | $10.8M | $16.2M |
| Gross Margin | — | — | 3.1% | 46.1% | 42.1% | 40.2% | 38.0% | 43.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.7M | $2.3M | $1.7M | $3.1M | $4.6M | $4.7M | $4.5M | $4.5M |
| Operating Income | $11.1M | $-15.1M | $-1.8M | $-9.9M | $-6.5M | $-2.4M | $-1.4M | $2.9M |
| Operating Margin | 15.2% | -27.0% | -3.8% | -332.7% | -21.9% | -8.4% | -4.7% | 7.9% |
| Interest Expense | — | — | $145.0K | $141.0K | $341.0K | $216.0K | $22.0K | $82.0K |
| Pretax Income | $-15.9M | $899.6M | $89.1M | $-10.1M | $-6.9M | $-2.3M | $-1.2M | $2.8M |
| Income Tax Expense | $-23.2M | $104.4M | $-122.0K | $63.0K | $1.1M | $-707.0K | $-513.0K | $619.0K |
| Net Income | $5.1M | $92.5M | $-4.5M | $-8.9M | $-11.1M | $-1.6M | $-657.0K | $2.2M |
| Net Margin | 7.0% | 165.7% | -9.5% | -297.0% | -37.3% | -5.4% | -2.3% | 6.0% |
| EPS (Basic) | $0.27 | $5.07 | $-0.25 | $-0.70 | $-0.88 | $-0.12 | $-0.05 | $0.18 |
| EPS (Diluted) | $0.27 | $5.07 | $-0.25 | $-0.70 | $-0.88 | $-0.12 | $-0.05 | $0.18 |
| Shares Outstanding (Basic) | 18.6M | 18.3M | 18.0M | 12.8M | 12.7M | 12.6M | 12.4M | 12.1M |
| Shares Outstanding (Diluted) | 18.6M | 18.3M | 18.0M | 12.8M | 12.7M | 12.6M | 12.4M | 12.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |