Huachen AI Parking Management Technology Holding Co., Ltd (HCAI)

HCAI Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022
Revenue	34.28	34.28	20.96
Revenue Growth (YoY)	-	63.58%	-
Cost of Revenue	28.07	28.07	12.38
Gross Profit	6.21	6.21	8.58
Selling, General & Admin	3.61	3.61	2.2
Operating Expenses	3.61	3.61	2.2
Operating Income	2.6	2.6	6.37
Interest Expense / Income	0.82	0.82	0.92
Other Expense / Income	-0.23	-0.23	-0.06
Pretax Income	1.82	1.82	4.2
Income Tax	0	0	0
Net Income	2.02	2.02	5.51
Net Income Common	1.82	1.82	4.2
Net Income Growth	-	-56.67%	-
Free Cash Flow	-3.38	-3.38	-1.3
Gross Margin	18.11%	18.11%	40.93%
Operating Margin	7.58%	7.58%	30.41%
Profit Margin	5.31%	5.31%	20.05%
Free Cash Flow Margin	-9.87%	-9.87%	-6.21%
Effective Tax Rate	0.07%	0.07%	0.04%
EBITDA	3.7	3.7	6.88
EBITDA Margin	10.78%	10.78%	32.82%
Depreciation & Amortization	0.86	0.86	0.44
EBIT	2.83	2.83	6.43
EBIT Margin	8.26%	8.26%	30.70%

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