Hitek Global Inc. (HKIT)

Hitek Global Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4.56	4.56	6.43	6.46	5.8	6.93
Revenue Growth (YoY)	-21.38%	-29.01%	-0.50%	11.31%	-16.29%	0.26%
Cost of Revenue	2.64	2.64	2.89	2.58	2.63	3.19
Gross Profit	1.92	1.92	3.54	3.88	3.17	3.75
Selling, General & Admin	1.82	1.82	1.91	1.78	1.42	1.55
Operating Expenses	1.82	1.82	1.91	1.78	1.42	1.55
Operating Income	0.1	0.1	1.63	2.1	1.75	2.19
Interest Expense / Income	0.31	0.31	0.29	0	-0	0
Other Expense / Income	-1.81	-1.81	-0.53	-0.11	-0.2	-0.17
Pretax Income	1.59	1.59	1.87	2.21	1.96	2.36
Income Tax	0.55	0.55	0.45	0.54	0.27	0.34
Net Income	1.05	1.05	1.42	1.67	1.69	2.02
Net Income Growth	-37.97%	-26.00%	-15.19%	-1.15%	-16.35%	-9.04%
Shares Outstanding (Basic)	13	13	11	11	11	11
Shares Outstanding (Diluted)	13	13	11	11	11	11
Shares Change	20.66%	20.66%	-	-	-	-
EPS (Basic)	0.08	0.08	0.13	0.15	0.15	0.18
EPS (Diluted)	0.08	0.08	0.13	0.15	0.15	0.18
EPS Growth	-46.67%	-38.46%	-13.33%	0%	-16.67%	-10.00%
Free Cash Flow	-0.74	-0.74	3.71	-0.24	1.65	0.04
Free Cash Flow Per Share	-0.06	-0.06	0.34	-0.02	0.15	0.00
Gross Margin	42.10%	42.10%	55.02%	60.05%	54.63%	54.01%
Operating Margin	2.21%	2.21%	25.31%	32.56%	30.21%	31.61%
Profit Margin	22.96%	22.96%	22.02%	25.84%	29.09%	29.12%
Free Cash Flow Margin	-16.17%	-16.17%	57.66%	-3.72%	28.38%	0.62%
Effective Tax Rate	34.30%	34.30%	24.25%	24.54%	13.75%	14.38%
EBITDA	1.96	1.96	2.18	2.57	2.33	2.74
EBITDA Margin	43.00%	43.00%	33.85%	39.74%	40.21%	39.56%
Depreciation & Amortization	0.05	0.05	0.02	0.36	0.38	0.38
EBIT	1.91	1.91	2.15	2.21	1.96	2.36
EBIT Margin	41.82%	41.82%	33.51%	34.24%	33.69%	34.08%

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).