Hitek Global Inc. (HKIT) Financials

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Last update: 07:00 PM EST
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$0.98

HKIT Income statement / Annual

Last year (2025), Hitek Global Inc's total revenue was $6.54 M, an increase of 125.00% from the previous year. In 2025, Hitek Global Inc's net income was $180.14 K. See Hitek Global Inc,s key income statements, including revenue, expenses, profit, and income.

Period FY-2025 FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016
Period Ended 12/31/2025 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Operating Revenue $6.54 M $2.90 M $4.56 M $6.43 M $6.46 M $5.80 M $6.93 M $6.92 M $6.89 M $6.90 M
Cost of Revenue $5.85 M $1.90 M $2.64 M $2.89 M $2.58 M $2.63 M $3.19 M $3.04 M $3.21 M $5.04 M
Gross Profit $690.47 K $1.01 M $1.92 M $3.54 M $3.88 M $3.17 M $3.75 M $3.88 M $3.68 M $1.86 M
Gross Profit Ratio 0.11 0.35 0.42 0.55 0.6 0.55 0.54 0.56 0.53 0.27
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $43.66 K $35.90 K $25.32 K $26.83 K $24.16 K $23.91 K
General & Administrative Expenses $2.48 M $2.75 M $1.82 M $1.47 M $1.70 M $1.42 M $1.22 M $977.02 K $967.46 K $1.23 M
Selling & Marketing Expenses $4.48 K $1.72 K $648.00 $437.19 K $76.48 K $2.01 K $330.56 K $2.40 K $32.26 K $98.42 K
Selling, General & Administrative Expenses $2.48 M $2.75 M $1.82 M $1.91 M $1.78 M $1.42 M $1.55 M $1.07 M $1.03 M $1.39 M
Other Expenses $0.00 $0.00 $0.00 $0.00 -$43.66 K -$35.90 K -$25.32 K -$26.83 K $30.78 K $31.58 K
Operating Expenses $2.48 M $2.75 M $1.82 M $1.91 M $1.78 M $1.42 M $1.55 M $1.07 M $1.08 M $1.44 M
Cost And Expenses $8.33 M $4.65 M $4.46 M $4.80 M $4.36 M $4.05 M $4.74 M $4.11 M $4.29 M $6.48 M
Interest Income $843.35 K $921.23 K $911.88 K $545.56 K $10.52 K $102.18 K $0.00 $0.00 $0.00 $5.17 K
Interest Expense $308.87 K $313.94 K $313.86 K $285.35 K $0.00 $0.00 $4.84 K $4.68 K $4.02 K $0.00
Depreciation & Amortization $294.19 K $259.55 K $50.66 K $21.88 K $355.74 K $378.59 K $379.86 K $75.50 K $30.78 K $31.58 K
EBITDA $731.77 K -$1.49 M $151.72 K $1.65 M $2.46 M $2.13 M $2.57 M $2.88 M $2.63 M $444.78 K
EBITDA Ratio 0.11 -0.51 0.03 0.26 0.38 0.37 0.37 0.42 0.38 0.06
Operating Income Ratio -0.27 -0.6 0.02 0.25 0.33 0.3 0.32 0.41 0.38 0.06
Total Other Income/Expenses Net $1.92 M $890.20 K $1.49 M $241.75 K $108.68 K $204.33 K $166.12 K -$112.41 K $36.12 K $72.12 K
Income Before Tax $128.71 K -$856.94 K $1.59 M $1.87 M $2.21 M $1.96 M $2.36 M $2.69 M $2.63 M $485.32 K
Income Before Tax Ratio 0.02 -0.29 0.35 0.29 0.34 0.34 0.34 0.39 0.38 0.07
Income Tax Expense -$51.44 K $39.75 K $546.89 K $453.22 K $542.85 K $269.24 K $339.18 K $472.70 K $498.61 K $105.30 K
Net Income $180.14 K -$896.69 K $1.05 M $1.42 M $1.67 M $1.69 M $2.02 M $2.22 M $2.14 M $380.02 K
Net Income Ratio 0.03 -0.31 0.23 0.22 0.26 0.29 0.29 0.32 0.31 0.06
EPS 1 -2.175 3.95 6.5 5.5 7.5 6.5 7.5 7.5 1.22
EPS Diluted 1 -3.115 3.95 6.5 5.5 7.5 6.5 7.5 7 1.22
Weighted Average Shares Out $172.28 K $287.85 K $265.15 K $219.75 K $299.75 K $219.76 K $311.75 K $299.75 K $283.75 K $311.75 K
Weighted Average Shares Out Diluted $172.28 K $287.85 K $265.15 K $219.75 K $299.75 K $219.75 K $311.75 K $299.75 K $219.75 K $311.75 K
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