Horizon Kinetics Holding Corporation (HKHC)

Horizon Kinetics Holding Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Operating Revenue	53.26	50.56	59.98
Other Revenue	0.73	0.42	0.24
Revenue	53.99	50.98	60.22
Revenue Growth (YoY)	-10.34%	-15.35%	-
Cost of Revenue	26.33	26.85	27.68
Gross Profit	27.67	24.13	32.54
Selling, General & Admin	20.64	18.69	18.44
Operating Expenses	22.52	20.52	20.3
Operating Income	5.15	3.61	12.25
Interest & Investment Income	1.62	0.83	0.75
Earnings From Equity Investments	63.93	5.71	7.77
Other Non Operating Income (Expenses)	-0.76	-0.67	0.25
EBT Excluding Unusual Items	69.94	9.47	21.01
Merger & Restructuring Charges	-0.1	-0.1	-
Gain (Loss) on Sale of Investments	20.63	-13.99	18.15
Pretax Income	90.46	-4.61	39.16
Income Tax Expense	71.32	-0.12	0.56
Net Income	19.14	-4.49	38.6
Net Income to Common	19.14	-4.49	38.6
Free Cash Flow	5.53	10.41	19.06
Gross Margin	51.24%	47.33%	54.04%
Operating Margin	9.53%	7.08%	20.33%
Profit Margin	35.45%	-8.81%	64.10%
Free Cash Flow Margin	10.23%	20.41%	31.65%
EBITDA	7.02	5.44	14.1
EBITDA Margin	13.01%	10.67%	23.42%
D&A For EBITDA	1.88	1.83	1.86
EBIT	5.15	3.61	12.25
EBIT Margin	9.53%	7.08%	20.33%
Effective Tax Rate	78.84%	-	1.44%
Revenue as Reported	53.99	50.98	60.22

Source: S&P Capital IQ. Standard template. Financial Sources.