HW Electro Co., Ltd. (HWEP)

HW Electro Co. was planning to go public, but the IPO was withdrawn on Apr 29, 2024.

IPO Price

$4.00

Shares Offered

3,750,000

Deal Size

$15.00M

HW Electro Co. Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Year	2022	2021
Revenue	0.44	-
Cost of Revenue	0.3	-
Gross Profit	0.14	-
Selling, General & Admin	2.43	1.05
Research & Development	0.12	0.6
Other Operating Expenses	2.77	0
Operating Expenses	5.32	1.65
Operating Income	-5.19	-1.65
Interest Expense / Income	0.06	0.01
Other Expense / Income	-1.23	-0.57
Pretax Income	-4.02	-1.09
Income Tax	0.69	0.28
Net Income	-4.7	-1.37
Free Cash Flow	-4.67	-2.05
Gross Margin	31.42%	-
Operating Margin	-1171.09%	-
Profit Margin	-1061.59%	-
Free Cash Flow Margin	-1054.28%	-
EBITDA	-3.7	-1.05
EBITDA Margin	-835.18%	-
Depreciation & Amortization	0.25	0.04
EBIT	-3.95	-1.08
EBIT Margin	-892.54%	-

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