Hitek Global Inc. (HKIT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 |
|---|
| Sales/Revenue | 5.79M | 741.54K | 1.07M | 1.83M | 1.62M | 2.95M | 3.57M | 2.86M | 3.47M | 2.99M | 3.23M | 2.57M | 3.98M | 2.96M | 3.45M | 3.46M | 3.71M | 3.18M |
| Revenue Growth % | 440.87% | -59.56% | -33.69% | -37.8% | -54.74% | 3.11% | 2.86% | -4.41% | 7.39% | 16.23% | -18.71% | -13.03% | 15.16% | -14.58% | -6.86% | 8.89% | - | - |
| Cost of Goods Sold | 5.43M | 713.45K | 1.02M | 880.18K | 1.19M | 1.45M | 1.87M | 1.02M | 1.49M | 1.09M | 1.44M | 1.19M | 1.95M | 1.24M | 1.64M | 1.4M | 1.84M | 1.36M |
| COGS % of Revenue | 93.65% | 96.21% | 95.1% | 48% | 73.88% | 49.14% | 52.46% | 35.64% | 42.89% | 36.54% | 44.68% | 46.23% | 48.93% | 42.04% | 47.54% | 40.37% | 49.74% | 42.88% |
| Gross Profit | 368.19K | 28.09K | 52.48K | 953.41K | 421.96K | 1.5M | 1.7M | 1.84M | 1.98M | 1.9M | 1.79M | 1.38M | 2.03M | 1.71M | 1.81M | 2.07M | 1.86M | 1.82M |
| Gross Margin % | 6.35% | 3.79% | 4.9% | 52% | 26.12% | 50.86% | 47.54% | 64.36% | 57.11% | 63.46% | 55.32% | 53.77% | 51.07% | 57.96% | 52.46% | 59.63% | 50.26% | 57.12% |
| Gross Profit Growth % | 601.65% | -97.05% | -87.56% | -36.41% | -75.13% | -18.52% | -14.38% | -3.05% | 10.86% | 37.18% | -11.95% | -19.32% | 12.11% | -16.98% | -2.78% | 13.67% | - | - |
| Operating Expenses | 812.02K | 1.38M | 1.43M | 1.33M | 828.6K | 991.58K | 831.45K | 1.08M | 1M | 774.95K | 788.67K | 628.83K | 747.91K | 805.17K | 566.18K | 505.46K | 579.79K | 502.31K |
| OpEx % of Revenue | 14.01% | 185.52% | 133.27% | 72.28% | 51.29% | 33.63% | 23.29% | 37.72% | 28.86% | 25.91% | 24.41% | 24.44% | 18.81% | 27.21% | 16.4% | 14.59% | 15.64% | 15.79% |
| Selling, General & Admin | 812.02K | 1.38M | 1.43M | 1.33M | 828.6K | 991.58K | 831.45K | 1.08M | 731.96K | 1.04M | 373.05K | 1.04M | 508.63K | 1.04M | 566.18K | 471.79K | 524.85K | 447.37K |
| SG&A % of Revenue | 14.01% | 185.52% | 133.27% | 72.28% | 51.29% | 33.63% | 23.29% | 37.72% | 21.09% | 34.92% | 11.54% | 40.59% | 12.79% | 35.3% | 16.4% | 13.62% | 14.16% | 14.06% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 17.02K | 25.04K | 23.22K | 20.44K | 17.44K | 18.46K | 7.93K | 17.39K | 9.26K | 17.57K | 10.75K | 13.41K |
| R&D % of Revenue | - | - | - | - | - | - | 0.48% | 0.88% | 0.67% | 0.68% | 0.54% | 0.72% | 0.2% | 0.59% | 0.27% | 0.51% | 0.29% | 0.42% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -17.02K | -25.04K | 246.28K | -289.94K | 398.19K | -434.09K | 231.35K | -256.68K | -9.26K | 16.1K | 44.19K | 41.53K |
| Operating Income | -443.83K | -1.35M | -1.38M | -371.85K | -406.64K | 507.7K | 865.47K | 761.74K | 980.45K | 1.12M | 999.02K | 754.75K | 1.28M | 909.66K | 1.24M | 1.56M | 1.28M | 1.31M |
| Operating Margin % | -7.66% | -181.73% | -128.37% | -20.28% | -25.17% | 17.22% | 24.25% | 26.64% | 28.25% | 37.55% | 30.92% | 29.33% | 32.26% | 30.75% | 36.06% | 45.04% | 34.61% | 41.33% |
| Operating Income Growth % | 67.73% | -262.4% | -238.21% | -173.24% | -146.98% | -33.35% | -11.73% | -32.17% | -1.86% | 48.8% | -22.1% | -17.03% | 3.02% | -41.69% | -2.98% | 18.65% | - | - |
| EBITDA | -295.42K | -1.2M | -1.23M | -253.07K | -371.16K | 522.88K | 875.99K | 773.1K | 1.13M | 1.32M | 1.19M | 940.8K | 1.47M | 1.1M | 1.3M | 1.58M | 1.3M | 1.33M |
| EBITDA Margin % | -5.1% | -162.07% | -115.23% | -13.8% | -22.97% | 17.74% | 24.54% | 27.04% | 32.7% | 44.29% | 36.87% | 36.56% | 36.95% | 37.29% | 37.78% | 45.5% | 35.03% | 41.81% |
| EBITDA Growth % | 76.07% | -374.88% | -232.61% | -148.4% | -142.37% | -32.37% | -22.8% | -41.64% | -4.78% | 40.8% | -18.87% | -14.72% | 12.62% | -30.01% | 0.44% | 18.5% | - | - |
| D&A (Non-Cash Add-back) | 148.42K | 145.78K | 140.78K | 118.78K | 35.48K | 15.19K | 10.51K | 11.37K | 154.19K | 201.55K | 192.54K | 186.05K | 186.37K | 193.49K | 59.4K | 16.1K | 15.51K | 15.26K |
| EBIT | 1.3M | -863.94K | -1.15M | 446.25K | 953.69K | 1.11M | 983.19K | 885.78K | 1.06M | 1.15M | 999.02K | 754.75K | 1.28M | 909.66K | 1.24M | 1.56M | 1.28M | 1.31M |
| Net Interest Income | 274.84K | 259.63K | 313.43K | 402K | 788.58K | 203.72K | 0 | 60.09K | 0 | 13K | 45.37K | 56.82K | 0 | 83.89K | -1.73K | -2.95K | 877 | -1.97K |
| Interest Income | 430.66K | 412.68K | 313.43K | 556.01K | 1.1M | 364.04K | 0 | 60.09K | 0 | 13K | 45.37K | 56.82K | 0 | 0 | 864 | 0 | 876 | 0 |
| Interest Expense | 155.82K | 153.05K | 0 | 154.01K | 307.08K | 160.32K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.21K | 3.51K | 1.17K | 2.01K | 2.01K |
| Other Income/Expense | 1.59M | 330.6K | 226.11K | 664.09K | 1.05M | 440.21K | 117.71K | 124.04K | 79.29K | 29.39K | 129.62K | 74.7K | 58.42K | 107.7K | -6.48K | -105.93K | 42.87K | -6.74K |
| Pretax Income | 1.15M | -1.02M | -1.15M | 292.24K | 646.61K | 947.91K | 983.19K | 885.78K | 1.06M | 1.15M | 1.13M | 829.46K | 1.34M | 1.02M | 1.24M | 1.45M | 1.33M | 1.31M |
| Pretax Margin % | 19.77% | -137.15% | -107.26% | 15.94% | 40.02% | 32.15% | 27.54% | 30.98% | 30.54% | 38.53% | 34.93% | 32.23% | 33.73% | 34.39% | 35.87% | 41.98% | 35.77% | 41.12% |
| Income Tax | 49.45K | -100.88K | -130.83K | 170.58K | 220.94K | 325.94K | 205.87K | 247.35K | 257.58K | 285.27K | 166.06K | 103.18K | 179.75K | 159.43K | 291.98K | 180.71K | 153.67K | 344.94K |
| Effective Tax Rate % | 4.32% | 9.92% | 11.38% | 58.37% | 34.17% | 34.39% | 20.94% | 27.92% | 24.31% | 24.75% | 14.71% | 12.44% | 13.41% | 15.67% | 23.58% | 12.43% | 11.59% | 26.37% |
| Net Income | 1.1M | -916.11K | -1.02M | 121.66K | 425.67K | 621.97K | 777.32K | 638.43K | 802.15K | 867.2K | 962.58K | 726.27K | 1.16M | 857.94K | 946.28K | 1.27M | 1.17M | 963.12K |
| Net Margin % | 18.92% | -123.54% | -95.05% | 6.64% | 26.35% | 21.1% | 21.78% | 22.33% | 23.12% | 28.99% | 29.79% | 28.22% | 29.21% | 29% | 27.41% | 36.76% | 31.62% | 30.28% |
| Net Income Growth % | 207.65% | -853% | -339.24% | -80.44% | -45.24% | -2.58% | -3.1% | -26.38% | -16.67% | 19.4% | -17.09% | -15.35% | 22.7% | -32.62% | -19.27% | 32.21% | - | - |
| Net Income (Continuing) | 1.1M | -916.11K | -1.02M | 121.66K | 425.67K | 621.97K | 777.32K | 638.43K | 802.15K | 867.2K | 962.58K | 726.27K | 1.16M | 857.94K | 946.28K | 1.27M | 1.17M | 963.12K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 46.75 | -39.00 | -47.50 | 10.63 | 37.00 | 54.00 | 62.38 | 72.63 | 64.38 | 98.63 | 109.50 | 82.50 | 93.13 | 68.75 | 75.88 | 102.13 | 133.25 | 109.50 |
| EPS Growth % | 198.42% | -467.06% | -228.38% | -80.32% | -40.68% | -25.65% | -3.11% | -26.36% | -41.21% | 19.55% | 17.58% | 20% | 22.73% | -32.68% | -43.06% | -6.74% | - | - |
| EPS (Basic) | 46.75 | -39.00 | -47.50 | 10.63 | 37.00 | 54.00 | 62.38 | 72.63 | 64.38 | 98.63 | 109.50 | 82.50 | 93.13 | 68.75 | 75.88 | 102.13 | 133.25 | 109.50 |
| Diluted Shares Outstanding | 23.44K | 23.44K | 21.45K | 11.51K | 11.51K | 11.51K | 12.47K | 8.79K | 12.47K | 8.79K | 8.79K | 8.79K | 12.47K | 12.47K | 12.47K | 12.47K | 8.79K | 8.79K |
| Basic Shares Outstanding | 23.44K | 23.44K | 21.45K | 11.51K | 11.52K | 11.51K | 12.47K | 8.79K | 12.47K | 8.79K | 8.79K | 8.79K | 12.47K | 12.47K | 12.47K | 12.47K | 8.79K | 8.79K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |