Horizon Kinetics Holding Corporation (HKHC)

Horizon Kinetics Holding Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating Revenue	62.4	55.49	46.85	59.98
Other Revenue	2.45	1.7	0.42	0.24
Revenue	64.85	57.18	47.26	60.22
Revenue Growth (YoY)	40.81%	20.98%	-21.52%	-
Cost of Revenue	41.8	38.58	26.85	27.68
Gross Profit	23.05	18.6	20.41	32.54
Selling, General & Admin	32.4	29.89	18.7	18.44
Operating Expenses	34.35	31.81	20.53	20.3
Operating Income	-11.3	-13.21	-0.12	12.25
Interest & Investment Income	660.57	862.83	107.99	0.75
Earnings From Equity Investments	8.57	6.04	-2.45	7.77
Other Non Operating Income (Expenses)	-1.89	4	-0.67	0.25
EBT Excluding Unusual Items	655.95	859.65	104.76	21.01
Gain (Loss) on Sale of Investments	49.97	39.44	-15.65	18.15
Pretax Income	705.93	899.09	89.11	39.16
Income Tax Expense	113.32	104.28	-0.12	0.56
Earnings From Continuing Operations	592.6	794.81	89.23	38.6
Minority Interest in Earnings	-518.13	-702.34	-93.72	-
Net Income	74.47	92.47	-4.49	38.6
Net Income to Common	74.47	92.47	-4.49	38.6
Shares Outstanding (Basic)	18	18	18	-
Shares Outstanding (Diluted)	18	18	18	-
Shares Change (YoY)	2.42%	1.51%	-	-
EPS (Basic)	4.04	5.07	-0.25	-
EPS (Diluted)	4.04	5.07	-0.25	-
Free Cash Flow	16.22	11.79	25.38	19.06
Free Cash Flow Per Share	0.88	0.65	1.41	-
Dividend Per Share	0.160	0.053	-	-
Gross Margin	35.55%	32.53%	43.19%	54.04%
Operating Margin	-17.43%	-23.10%	-0.25%	20.33%
Profit Margin	114.84%	161.72%	-9.50%	64.09%
Free Cash Flow Margin	25.02%	20.62%	53.70%	31.65%
EBITDA	-9.35	-11.29	1.71	14.1
EBITDA Margin	-14.41%	-19.75%	3.62%	23.42%
D&A For EBITDA	1.96	1.92	1.83	1.86
EBIT	-11.3	-13.21	-0.12	12.25
EBIT Margin	-17.43%	-23.10%	-0.25%	20.33%
Effective Tax Rate	16.05%	11.60%	-	1.44%
Revenue as Reported	64.85	57.18	47.26	60.22

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