Hitek Global
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Hitek Global's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 29% to $4,563,731. Profit margin reached 23%. Total operating expenses were $1,820,179.
Profit Margin
| 2017 | 6.88M | 2.13M | 31% |
|---|---|---|---|
| 2018 | 6.91M | 2.21M | 32.09% |
| 2019 | 6.93M | 2.01M | 29.12% |
| 2020 | 5.80M | 1.68M | 29.09% |
| 2021 | 6.46M | 1.66M | 25.84% |
| 2022 | 6.42M | 1.41M | 22.02% |
| 2023 | 4.56M | 1.04M | 22.96% |
HKIT Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 4.56M | 6.42M | 6.46M | 5.80M | 6.93M | 6.91M | 6.88M |
Cost of revenue | 2.64M | 2.89M | 2.58M | 2.63M | 3.18M | 3.03M | 3.20M |
Gross profit | 1.92M | 3.53M | 3.87M | 3.17M | 3.74M | 3.87M | 3.67M |
Operating exp. | |||||||
Research and development | 38.22K | 42.05K | 43.66K | 35.90K | 25.32K | 0 | 24.16K |
Selling and marketing | 648 | 437.18K | 76.47K | 2.01K | 330.55K | 2.39K | 32.26K |
Total operating expenses | 1.82M | 1.89M | 1.76M | 1.31M | 1.50M | 1.03M | 1.04M |
Operating income | 101.06K | 1.62M | 2.10M | 1.75M | 2.19M | 2.80M | 2.59M |
Other income (expenses), net | 1.49M | 241.75K | 108.67K | 204.32K | 166.12K | -141.25K | 36.12K |
Income before tax | 1.59M | 1.86M | 2.21M | 1.95M | 2.35M | 2.69M | 2.63M |
Income tax expense | 546.88K | 453.21K | 542.85K | 269.24K | 339.17K | 472.69K | 498.60K |
Net income | 1.04M | 1.41M | 1.66M | 1.68M | 2.01M | 2.21M | 2.13M |
Earnings per share | |||||||
Basic EPS | 0.07 | 0.13 | 0.11 | 0.11 | 0.13 | 0.15 | 0.15 |
Diluted EPS | 0.07 | 0.13 | 0.11 | 0.11 | 0.13 | 0.15 | 0.14 |
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