HF Foods Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,226	1,202	1,148	1,170	796.88	566.83
Revenue Growth (YoY)	4.10%	4.63%	-1.88%	46.88%	40.59%	46.03%
Cost of Revenue	1,017	996.47	944.46	964.96	645.37	466.09
Gross Profit	208.66	205.19	204.03	205.51	151.51	100.75
Selling, General & Admin	171.47	171.35	177.94	168.9	102	87.43
Operating Expenses	198.15	198.03	203.86	193.83	121.13	106.36
Operating Income	10.51	7.17	0.17	11.68	30.38	-5.61
Interest Expense	-10.46	-9.73	-13.06	-6.64	-2.67	-5.24
Other Non Operating Income (Expenses)	4.95	6.63	1.47	1.83	0.51	1.1
EBT Excluding Unusual Items	5	4.07	-11.42	6.87	28.22	-9.75
Merger & Restructuring Charges	-	-	-	-0.7	-0.9	-
Impairment of Goodwill	-46.3	-46.3	-	-	-	-338.19
Asset Writedown	-	-	-1.2	-0.42	-	-
Legal Settlements	-	-	10	-	-	-
Other Unusual Items	-3.9	-3.9	-	-5.74	-	-
Pretax Income	-45.21	-46.14	-2.62	0	27.32	-347.94
Income Tax Expense	0.63	1.97	0.04	-0.23	4.5	-4.73
Earnings From Continuing Operations	-45.84	-48.1	-2.66	0.24	22.82	-343.22
Minority Interest in Earnings	0.4	-0.41	0.49	0.23	-0.68	-0.29
Net Income	-45.44	-48.51	-2.17	0.46	22.15	-343.51
Net Income to Common	-45.44	-48.51	-2.17	0.46	22.15	-343.51
Net Income Growth	-	-	-	-97.92%	-	-
Shares Outstanding (Basic)	53	53	54	54	52	52
Shares Outstanding (Diluted)	53	53	54	54	52	52
Shares Change (YoY)	0.24%	-2.46%	0.03%	3.40%	-0.01%	92.14%
EPS (Basic)	-0.86	-0.92	-0.04	0.01	0.43	-6.59
EPS (Diluted)	-0.86	-0.92	-0.04	0.01	0.43	-6.59
EPS Growth	-	-	-	-97.99%	-	-
Free Cash Flow	9.77	10.09	-5.16	29.11	15.3	45.03
Free Cash Flow Per Share	0.18	0.19	-0.10	0.54	0.29	0.86
Gross Margin	17.03%	17.08%	17.77%	17.56%	19.01%	17.77%
Operating Margin	0.86%	0.60%	0.01%	1.00%	3.81%	-0.99%
Profit Margin	-3.71%	-4.04%	-0.19%	0.04%	2.78%	-60.60%
Free Cash Flow Margin	0.80%	0.84%	-0.45%	2.49%	1.92%	7.94%
EBITDA	38.52	33.85	26.09	36.62	49.51	13.32
EBITDA Margin	3.14%	2.82%	2.27%	3.13%	6.21%	2.35%
D&A For EBITDA	28.01	26.68	25.92	24.94	19.13	18.92
EBIT	10.51	7.17	0.17	11.68	30.38	-5.61
EBIT Margin	0.86%	0.60%	0.01%	1.00%	3.81%	-0.99%
Effective Tax Rate	-	-	-	-	16.48%	-
Revenue as Reported	1,226	1,202	1,148	1,170	796.88	566.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.