Hang Feng Technology Innovation Co., Ltd. (FOFO)

Hang Feng Technology Innovation will go public soon, but the exact IPO date is still unknown.

IPO Price

$4.00

Shares Offered

1,375,000

Deal Size

$5.50M

FOFO Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	2.03	0.12
Revenue Growth (YoY)	1597.65%	-
Gross Profit	2.03	0.12
Selling, General & Admin	1.05	1.19
Operating Expenses	1.05	1.19
Operating Income	0.98	-1.07
Interest Expense / Income	-0	-0
Other Expense / Income	-0	0
Pretax Income	0.99	-1.07
Income Tax	0.12	-0.16
Net Income	0.87	-0.92
Free Cash Flow	1.32	-1.13
Gross Margin	100.00%	100.00%
Operating Margin	48.42%	-896.54%
Profit Margin	42.71%	-768.96%
Free Cash Flow Margin	65.20%	-948.87%
Effective Tax Rate	12.20%	-
EBITDA	0.99	-1.07
EBITDA Margin	49.02%	-898.59%
Depreciation & Amortization	0.01	0
EBIT	0.99	-1.08
EBIT Margin	48.59%	-900.15%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).