QinHong International Group (QHI)

QHI Income Statement

Financials in millions USD. Fiscal year is July - June.

Year	2021	2020
Revenue	2.13	1.18
Revenue Growth (YoY)	81.27%	-
Gross Profit	2.13	1.18
Selling, General & Admin	0.29	0.23
Other Operating Expenses	0.06	0.09
Operating Expenses	0.35	0.32
Operating Income	1.78	0.86
Interest Expense / Income	-0.06	-0.03
Other Expense / Income	-0.06	-
Pretax Income	1.91	0.89
Income Tax	0.23	0.09
Net Income	1.67	0.8
Net Income Growth	108.45%	-
Free Cash Flow	1.98	1.14
Gross Margin	100.00%	100.00%
Operating Margin	83.67%	73.03%
Profit Margin	78.43%	68.20%
Free Cash Flow Margin	92.82%	96.83%
Effective Tax Rate	12.25%	9.66%
EBITDA	1.85	0.86
EBITDA Margin	86.61%	73.24%
Depreciation & Amortization	0	0
EBIT	1.84	0.86
EBIT Margin	86.47%	73.03%

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