Highway Holdings Limited (HIHO)

Highway Holdings Income Statement

Financials in millions USD. Fiscal year is April - March.

Year	2022	2021	2020	2019	2018
Revenue	10.24	12.37	9.17	12.56	14.28
Revenue Growth (YoY)	-17.17%	34.87%	-26.99%	-12.04%	-25.51%
Cost of Revenue	7.1	8.6	6.46	8.41	10.7
Gross Profit	3.14	3.77	2.71	4.15	3.58
Selling, General & Admin	3.62	3.2	3.32	3.41	4.34
Operating Expenses	3.62	3.2	3.32	3.41	4.34
Operating Income	-0.48	0.57	-0.62	0.75	-0.76
Other Expense / Income	-0.16	0.02	-0.01	-0.15	-0.1
Pretax Income	-0.31	0.54	-0.61	0.9	-0.66
Income Tax	-0.02	0.1	-0.15	0.21	-0.03
Net Income	-0.29	0.44	-0.46	0.69	-0.63
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change	-2.80%	4.53%	2.47%	2.84%	-
EPS (Basic)	-0.07	0.11	-0.12	0.18	-0.17
EPS (Diluted)	-0.07	0.11	-0.12	0.18	-0.17
Free Cash Flow	0.73	-0.28	-0.18	0.38	-1.1
Free Cash Flow Per Share	0.18	-0.07	-0.04	0.10	-0.29
Dividend Per Share	0.200	0.170	0.180	0.080	0.250
Dividend Growth	17.65%	-5.56%	125.00%	-68.00%	-21.88%
Gross Margin	30.67%	30.49%	29.53%	33.07%	25.08%
Operating Margin	-4.66%	4.59%	-6.72%	5.95%	-5.29%
Profit Margin	-2.87%	3.58%	-5.03%	5.46%	-4.41%
Free Cash Flow Margin	7.08%	-2.30%	-1.99%	3.01%	-7.69%
Effective Tax Rate	-	18.57%	-	23.35%	-
EBITDA	0.83	1.64	0.39	2.11	-0.4
EBITDA Margin	8.07%	13.27%	4.29%	16.83%	-2.77%
Depreciation & Amortization	1.14	1.1	1	1.22	0.26
EBIT	-0.31	0.54	-0.61	0.9	-0.66
EBIT Margin	-3.07%	4.40%	-6.62%	7.13%	-4.59%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).