Huahui Education Group Limited (HHEGF)

Huahui Education Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1.23	1.37	1.11	1.71	1.25	2.27
Revenue Growth (YoY)	-10.33%	23.93%	-35.12%	36.83%	-45.07%	966.23%
Cost of Revenue	0.28	0.25	0.27	0.54	0.37	0.54
Gross Profit	0.95	1.12	0.84	1.17	0.87	1.73
Selling, General & Admin	1.23	1.12	1.1	1.24	1.12	1.2
Operating Expenses	1.23	1.12	1.1	1.24	1.12	1.2
Operating Income	-0.28	0	-0.27	-0.07	-0.24	0.53
Other Non Operating Income (Expenses)	0	0	-0	0.01	0.02	0.01
EBT Excluding Unusual Items	-0.27	0.01	-0.27	-0.06	-0.23	0.54
Gain (Loss) on Sale of Assets	-	-	-	-0.04	-	-
Pretax Income	-0.27	0.01	-0.27	-0.1	-0.23	0.54
Income Tax Expense	0	0.02	0.01	0.01	0.02	0.17
Earnings From Continuing Operations	-0.28	-0.01	-0.28	-0.11	-0.24	0.37
Net Income	-0.28	-0.01	-0.28	-0.11	-0.24	0.37
Net Income to Common	-0.28	-0.01	-0.28	-0.11	-0.24	0.37
Shares Outstanding (Basic)	303	303	303	303	303	303
Shares Outstanding (Diluted)	303	303	303	303	303	303
EPS (Basic)	-0.00	-0.00	-0.00	-0.00	-0.00	0.00
EPS (Diluted)	-0.00	-0.00	-0.00	-0.00	-0.00	0.00
Free Cash Flow	-0.48	0.2	-0.13	-0.4	-0.65	0.9
Free Cash Flow Per Share	-0.00	0.00	-	-0.00	-0.00	0.00
Gross Margin	77.43%	81.57%	75.74%	68.48%	70.19%	76.23%
Operating Margin	-22.39%	0.23%	-24.02%	-4.02%	-19.31%	23.24%
Profit Margin	-22.45%	-0.92%	-25.61%	-6.66%	-19.30%	16.48%
Free Cash Flow Margin	-38.87%	14.68%	-11.89%	-23.64%	-52.03%	39.68%
EBITDA	-0.27	0.01	-0.25	-0.02	-0.2	0.56
EBITDA Margin	-21.68%	0.72%	-22.63%	-1.35%	-16.18%	24.87%
D&A For EBITDA	0.01	0.01	0.02	0.05	0.04	0.04
EBIT	-0.28	0	-0.27	-0.07	-0.24	0.53
EBIT Margin	-22.39%	0.23%	-24.02%	-4.02%	-19.31%	23.24%
Effective Tax Rate	-	316.94%	-	-	-	30.65%

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.