HW Electro Co., Ltd. (HWEC)

HW Electro Income Statement

Financials in millions USD. Fiscal year is October - September.

Year Ending	TTM	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	1.44	1.44	0.44	-
Revenue Growth (YoY)	-	224.25%	-	-
Cost of Revenue	1.9	1.9	0.3	-
Gross Profit	-0.47	-0.47	0.14	-
Selling, General & Admin	6.47	6.47	2.43	1.05
Research & Development	1.1	1.1	0.12	0.6
Other Operating Expenses	5.05	5.05	2.77	0
Operating Expenses	12.63	12.63	5.32	1.65
Operating Income	-13.1	-13.1	-5.19	-1.65
Interest Expense / Income	0.11	0.11	0.06	0.01
Other Expense / Income	0.2	0.2	0.14	-0
Pretax Income	-13.41	-13.41	-5.39	-1.66
Income Tax	0.87	0.87	-0.69	-0.28
Net Income	-14.28	-14.28	-4.7	-1.37
Free Cash Flow	-12.3	-12.3	-4.67	-2.05
Gross Margin	-32.58%	-32.58%	31.42%	-
Operating Margin	-912.26%	-912.26%	-1171.09%	-
Profit Margin	-994.49%	-994.49%	-1061.59%	-
Free Cash Flow Margin	-856.69%	-856.69%	-1054.28%	-
EBITDA	-12.95	-12.95	-5.07	-1.61
EBITDA Margin	-901.64%	-901.64%	-1144.77%	-
Depreciation & Amortization	0.35	0.35	0.25	0.04
EBIT	-13.3	-13.3	-5.32	-1.65
EBIT Margin	-926.02%	-926.02%	-1202.12%	-

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