Name: Hitek Global Inc. (HKIT) Financial Statements
Creator: FinSpry

Hitek Global Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Hitek Global Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	2.90	4.56	6.43	6.46	5.80
Cost of Revenue	1.90	2.64	-2.89	2.58	2.63
Gross Profit	1.01	1.92	3.54	3.88	3.17
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.75	1.82	1.91	1.78	1.42
Operating Expenses	2.75	1.83	-1.91	1.78	1.42
Operating Income	-1.75	0.10	1.63	2.10	1.75
Other Income/Expense
Interest Income	0.92	0.91	0.55	0.11	0.10
Interest Expense	0.31	0.31	0.29	0.00	0.00
Other Income/Expense	0.89	-0.57	-0.01	-0.01	0.10
Income
Income Before Tax	-0.86	1.59	1.87	2.21	1.96
Income Tax Expense	0.04	0.55	0.44	0.54	0.27
Net Income	-0.90	1.05	1.42	1.67	1.69
Net Income - Continuous Operations	-0.90	1.05	1.42	1.67	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-0.28	1.96	1.61	2.46	2.13
EBIT	-1.75	1.91	1.59	2.10	1.75
Depreciation & Amortization	0.26	0.05	0.02	0.36	0.38
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	14.39	13.26	10.99	10.99	10.99
Diluted Shares Outstanding	14.39	13.26	10.99	10.99	10.99