High-Trend International Group (HTCO) Income Statement

High-Trend International Group reported revenue of $214.42M in fiscal 2025 (fiscal year ended Oct 31, 2025), up 98.2% from $108.18M a year earlier. High-Trend International Group posted a net loss of $21.46M, compared with a net loss of $23.60M a year earlier. Gross margin was 3.2% and operating margin -9.3%. In the most recent quarter, Q2 fiscal 2026 (ended Apr 30, 2026), revenue was $137.45M, up 38.3% from the same quarter a year earlier.

High-Trend International Group Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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High-Trend International Group income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021	Oct 2020
Revenue & Gross Profit
Revenue	214.42	108.18	95.26	185.35	121.96	78.35
Cost of Revenue	207.61	100.08	107.14	158.50	109.01	82.29
Gross Profit	6.80	8.10	-11.89	26.85	12.95	-3.94
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.79	5.80	3.74	3.27	2.47	1.79
Operating Expenses	26.72	5.80	3.74	3.27	2.47	1.79
Operating Income	-19.91	2.31	-15.63	23.58	10.48	-5.73
Other Income/Expense
Interest Income	0.06	0.00	0.01	0.00	0.00	0.01
Interest Expense	-0.05	0.09	0.11	0.10	0.12	0.06
Other Income/Expense	-0.19	-23.52	-0.15	0.13	-0.22	-0.03
Income
Income Before Tax	-20.10	-21.21	-15.78	23.61	10.26	-5.76
Income Tax Expense	0.01	0.00	0.00	0.01	0.00	0.00
Net Income	-21.46	-23.60	-9.33	12.23	5.31	-3.17
Net Income - Continuous Operations	-20.11	-23.60	-9.33	23.60	5.31	-3.17
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	-19.91	-21.01	-15.58	23.75	10.42	-5.66
EBIT	-19.91	-21.12	-15.63	23.71	10.48	-
Depreciation & Amortization	0.00	0.11	0.09	0.04	0.04	0.04
Earnings Per Share
Basic EPS	-4.00	-5.00	-2.00	6.00	9.00	-5.00
Diluted EPS	-4.00	-5.00	-2.00	6.00	9.00	-5.00
Basic Shares Outstanding	5.47	4.71	4.19	2.11	0.60	0.60
Diluted Shares Outstanding	5.47	4.71	4.19	2.11	0.60	0.60

Source: Company financial statements from annual and quarterly filings. Data as of Apr 30, 2026. Data sources and methodology

Frequently Asked Questions About High-Trend International Group Financial Statements

What was High-Trend International Group's revenue in fiscal 2025?

High-Trend International Group reported revenue of $214.42M in fiscal 2025 (fiscal year ended Oct 31, 2025). That was up 98.2% from $108.18M a year earlier.

Is High-Trend International Group profitable?

No. High-Trend International Group reported a net loss of $21.46M in fiscal 2025. In fiscal 2024 it lost $23.60M.

What is High-Trend International Group's operating margin?

High-Trend International Group's operating income was −$19.91M on revenue of $214.42M in fiscal 2025, an operating margin of -9.3%, compared with 2.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition