Hongchang International 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11.61	2.87	2.68	-	-
Revenue Growth (YoY)	149.70%	7.15%	-	-	-
Cost of Revenue	9.1	2.69	2.61	-	-
Gross Profit	2.51	0.18	0.07	-	-
Selling, General & Admin	0.61	0.56	0.54	0.24	0.14
Operating Expenses	0.61	0.56	0.54	0.24	0.14
Operating Income	1.9	-0.38	-0.47	-0.24	-0.14
Interest & Investment Income	0	0	0	0	-
Other Non Operating Income (Expenses)	-0.07	-0.11	0.02	-0	0
EBT Excluding Unusual Items	1.83	-0.49	-0.44	-0.24	-0.14
Asset Writedown	-0	-0	-	-	-
Pretax Income	1.81	-0.49	-0.44	-0.24	-0.14
Income Tax Expense	0.17	-0.02	-0.07	-	-
Net Income	1.65	-0.47	-0.38	-0.24	-0.14
Net Income to Common	1.65	-0.47	-0.38	-0.24	-0.14
Shares Outstanding (Basic)	519	519	450	62	5
Shares Outstanding (Diluted)	519	519	450	62	5
Shares Change (YoY)	4.71%	15.24%	630.01%	1133.50%	-
EPS (Basic)	0.00	-0.00	-0.00	-0.00	-0.03
EPS (Diluted)	0.00	-0.00	-0.00	-0.00	-0.03
Free Cash Flow	0.22	-11.36	-39.85	-1.78	-0.11
Free Cash Flow Per Share	-	-0.02	-0.09	-0.03	-0.02
Gross Margin	21.62%	6.33%	2.59%	-	-
Operating Margin	16.40%	-13.27%	-17.55%	-	-
Profit Margin	14.19%	-16.48%	-14.16%	-	-
Free Cash Flow Margin	1.90%	-396.20%	-1489.12%	-	-
EBITDA	2.27	-0.29	-0.38	-0.15	-0.04
EBITDA Margin	19.58%	-10.13%	-14.26%	-	-
D&A For EBITDA	0.37	0.09	0.09	0.09	0.1
EBIT	1.9	-0.38	-0.47	-0.24	-0.14
EBIT Margin	16.40%	-13.27%	-17.55%	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.