Haoxin Holdings Limited (HXHX)

Haoxin Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2021	Dec 31, 2020
Revenue	31.31	29.93	13.95
Revenue Growth (YoY)	-	114.51%	-
Gross Profit	31.31	29.93	13.95
Selling, General & Admin	-	0.68	0.63
Other Operating Expenses	0	22.1	11.14
Operating Expenses	-	22.78	11.77
Operating Income	6.97	7.14	2.19
Interest Expense / Income	0.2	0.25	0.36
Other Expense / Income	-0.12	-0.11	-0.08
Pretax Income	6.88	7	1.91
Income Tax	1.81	1.73	0.35
Net Income	5.07	5.27	1.55
Net Income Growth	-	238.90%	-
Free Cash Flow	-1.61	1.25	1.81
Gross Margin	100.00%	100.00%	100.00%
Operating Margin	22.26%	23.88%	15.67%
Profit Margin	16.19%	17.61%	11.15%
Free Cash Flow Margin	-5.15%	4.18%	12.97%
Effective Tax Rate	26.36%	24.75%	18.50%
EBITDA	8.35	8.61	3.64
EBITDA Margin	26.66%	28.76%	26.12%
Depreciation & Amortization	1.26	1.35	1.37
EBIT	7.09	7.26	2.27
EBIT Margin	22.63%	24.25%	16.27%

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