Hitek Global Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $2.9M | $4.6M | $6.4M | $6.5M | $5.8M | $6.9M | $6.9M |
| Cost of Revenue | $5.8M | $1.9M | $2.6M | $2.9M | $2.6M | $2.6M | $3.2M | $3.0M |
| Gross Profit | $690.5K | $1.0M | $1.9M | $3.5M | $3.9M | $3.2M | $3.7M | $3.9M |
| Gross Margin | 10.6% | 34.6% | 42.1% | 55.0% | 60.1% | 54.6% | 54.0% | 56.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $38.2K | $42.1K | $43.7K | $35.9K | $25.3K | $26.8K |
| SG&A Expense | $2.5M | $2.8M | $1.8M | $1.5M | $1.7M | $1.4M | $1.2M | $1.1M |
| Operating Income | $-1.8M | $-1.7M | $101.1K | $1.6M | $2.1M | $1.8M | $2.2M | $2.8M |
| Operating Margin | -27.4% | -60.1% | 2.2% | 25.3% | 32.6% | 30.2% | 31.6% | 40.6% |
| Interest Expense | $308.9K | $308.5K | $313.9K | $285.4K | — | — | — | — |
| Pretax Income | $128.7K | $-856.9K | $1.6M | $1.9M | $2.2M | $2.0M | $2.4M | $2.7M |
| Income Tax Expense | $-51.4K | $39.7K | $546.9K | $453.2K | $542.9K | $269.2K | $339.2K | $472.7K |
| Net Income | $180.1K | $-896.7K | $1.0M | $1.4M | $1.7M | $1.7M | $2.0M | $2.2M |
| Net Margin | 2.8% | -30.9% | 23.0% | 22.0% | 25.8% | 29.1% | 29.1% | 32.1% |
| EPS (Basic) | $0.02 | $-0.11 | $0.13 | $0.13 | $0.15 | $0.15 | $0.18 | $0.20 |
| EPS (Diluted) | $0.02 | $-0.11 | $0.13 | $0.13 | $0.15 | $0.15 | $0.18 | $0.20 |
| Shares Outstanding (Basic) | 8.6M | 8.4M | 8.3M | 11.0M | 11.0M | 11.0M | 11.0M | 11.0M |
| Shares Outstanding (Diluted) | 8.6M | 8.4M | 8.3M | 11.0M | 11.0M | 11.0M | 11.0M | 11.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |