Huadi International Group Co., Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $62.9M | $74.3M | $1.2M | $1.7M | $3.2M | $1.4M |
| Cost of Revenue | $56.1M | $67.0M | $84.3M | $76.4M | $70.2M | $48.5M |
| Gross Profit | $6.8M | $7.3M | $12.4M | $11.1M | $11.3M | $10.7M |
| Gross Margin | 10.8% | 9.9% | 1,013.6% | 669.4% | 349.4% | 778.3% |
| Operating Expenses | ||||||
| Research & Development | $2.2M | $2.2M | $2.6M | $2.3M | $2.1M | $2.1M |
| SG&A Expense | $7.8M | $6.8M | $7.3M | $6.5M | $6.7M | $3.9M |
| Operating Income | $-2.9M | $-1.6M | $3.1M | $2.4M | $2.6M | $4.6M |
| Operating Margin | -4.6% | -2.2% | 255.2% | 141.4% | 79.6% | 336.1% |
| Interest Expense | $195.4K | $176.0K | $442.7K | $1.2M | — | — |
| Pretax Income | $-1.9M | $-156.2K | $3.5M | $2.1M | $2.5M | $3.6M |
| Income Tax Expense | $-494.8K | $-298.6K | $220.9K | $173.0K | $-89.0K | $218.9K |
| Net Income | $-1.4M | $137.4K | $3.3M | $1.9M | $2.5M | $3.4M |
| Net Margin | -2.2% | 0.2% | 267.2% | 115.7% | 78.1% | 245.0% |
| EPS (Basic) | $-0.10 | $0.01 | $0.23 | $0.15 | $0.21 | $0.34 |
| EPS (Diluted) | $-0.10 | $0.01 | $0.23 | $0.15 | $0.21 | $0.34 |
| Shares Outstanding (Basic) | 14.3M | 14.3M | 14.1M | 13.2M | 12.1M | 10.0M |
| Shares Outstanding (Diluted) | 14.3M | 14.3M | 14.1M | 13.2M | 12.1M | 10.0M |
| Dividends Per Share | — | — | — | — | — | — |