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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating Revenue	73.67	55.49	46.85	59.98
Other Revenue	1.75	1.7	0.42	0.24
Revenue	75.43	57.18	47.26	60.22
Revenue Growth (YoY)	66.11%	20.98%	-21.52%	-
Cost of Revenue	43.39	38.58	26.85	27.68
Gross Profit	32.03	18.6	20.41	32.54
Selling, General & Admin	34.39	29.89	18.7	18.44
Operating Expenses	35.85	31.81	20.53	20.3
Operating Income	-3.82	-13.21	-0.12	12.25
Interest & Investment Income	593.63	862.83	107.99	0.75
Earnings From Equity Investments	-1.19	6.04	-2.45	7.77
Other Non Operating Income (Expenses)	6.44	4	-0.67	0.25
EBT Excluding Unusual Items	595.06	859.65	104.76	21.01
Gain (Loss) on Sale of Investments	7.23	39.44	-15.65	18.15
Pretax Income	602.29	899.09	89.11	39.16
Income Tax Expense	29.67	104.28	-0.12	0.56
Earnings From Continuing Operations	572.62	794.81	89.23	38.6
Minority Interest in Earnings	-476.12	-702.34	-93.72	-
Net Income	95.35	92.47	-4.49	38.6
Net Income to Common	95.35	92.47	-4.49	38.6
Shares Outstanding (Basic)	19	18	18	-
Shares Outstanding (Diluted)	19	18	18	-
Shares Change (YoY)	3.00%	1.51%	-	-
EPS (Basic)	5.12	5.07	-0.25	-
EPS (Diluted)	5.12	5.07	-0.25	-
Free Cash Flow	-17.26	11.79	25.38	19.06
Free Cash Flow Per Share	-0.93	0.65	1.41	-
Dividend Per Share	0.287	0.053	-	-
Gross Margin	42.47%	32.53%	43.19%	54.04%
Operating Margin	-5.07%	-23.10%	-0.25%	20.33%
Profit Margin	126.41%	161.72%	-9.50%	64.09%
Free Cash Flow Margin	-22.88%	20.62%	53.70%	31.65%
EBITDA	-2.36	-11.29	1.71	14.1
EBITDA Margin	-3.13%	-19.75%	3.62%	23.42%
D&A For EBITDA	1.46	1.92	1.83	1.86
EBIT	-3.82	-13.21	-0.12	12.25
EBIT Margin	-5.07%	-23.10%	-0.25%	20.33%
Effective Tax Rate	4.93%	11.60%	-	1.44%
Revenue as Reported	75.43	57.18	47.26	60.22

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