Highway Holdings Limited (HIHO)

Highway Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	7.35	6.32	10.24	12.37	9.17	12.56
Revenue Growth (YoY)	11.36%	-38.28%	-17.17%	34.87%	-27.00%	-12.04%
Cost of Revenue	5.15	4.61	7.1	8.6	6.46	8.41
Gross Profit	2.19	1.71	3.14	3.77	2.71	4.15
Selling, General & Admin	2.8	2.48	3.62	3.2	3.32	3.41
Operating Expenses	2.8	2.48	3.62	3.2	3.32	3.41
Operating Income	-0.61	-0.77	-0.48	0.57	-0.62	0.75
Interest & Investment Income	0.24	0.25	0.09	0.01	0.02	0.07
Currency Exchange Gain (Loss)	0.28	0.2	0.03	-0.02	-0.06	0.01
Other Non Operating Income (Expenses)	0.03	0.03	0.04	-	0.05	0.06
EBT Excluding Unusual Items	-0.05	-0.29	-0.32	0.55	-0.61	0.88
Gain (Loss) on Sale of Assets	-	0.02	0.01	0.01	0.01	0.02
Asset Writedown	-0.86	-0.86	-	-	-	-
Pretax Income	-0.91	-1.14	-0.31	0.57	-0.6	0.9
Income Tax Expense	-0.15	-0.16	-0.02	0.1	-0.15	0.21
Earnings From Continuing Operations	-0.76	-0.98	-0.29	0.47	-0.45	0.69
Minority Interest in Earnings	-0	0.02	-0	-0.02	-0.01	-0
Net Income	-0.76	-0.96	-0.29	0.44	-0.46	0.69
Net Income to Common	-0.76	-0.96	-0.29	0.44	-0.46	0.69
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	4.08%	7.44%	-2.80%	4.53%	2.47%	2.84%
EPS (Basic)	-0.17	-0.22	-0.07	0.11	-0.12	0.18
EPS (Diluted)	-0.17	-0.22	-0.07	0.11	-0.12	0.18
Free Cash Flow	-	0.3	0.72	-0.3	-0.19	0.35
Free Cash Flow Per Share	-	0.07	0.18	-0.07	-0.05	0.09
Dividend Per Share	0.020	0.150	0.200	0.170	0.180	0.080
Dividend Growth	-90.00%	-25.00%	17.65%	-5.56%	125.00%	-68.00%
Gross Margin	29.83%	27.02%	30.67%	30.49%	29.53%	33.07%
Operating Margin	-8.25%	-12.17%	-4.66%	4.59%	-6.72%	5.95%
Profit Margin	-10.36%	-15.17%	-2.87%	3.58%	-5.03%	5.46%
Free Cash Flow Margin	-	4.70%	7.00%	-2.41%	-2.09%	2.79%
EBITDA	-0.48	-0.61	-0.27	0.73	-0.46	0.89
EBITDA Margin	-6.60%	-9.65%	-2.62%	5.90%	-4.98%	7.10%
D&A For EBITDA	0.12	0.16	0.21	0.16	0.16	0.15
EBIT	-0.61	-0.77	-0.48	0.57	-0.62	0.75
EBIT Margin	-8.25%	-12.17%	-4.66%	4.59%	-6.72%	5.95%
Effective Tax Rate	-	-	-	17.78%	-	23.33%

Updated Jan 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q