HKIT
Income statement / Annual
Last year (2024), Hitek Global Inc.'s total revenue was $2.90 M,
a decrease of 36.35% from the previous year.
In 2024, Hitek Global Inc.'s net income was -$896.69 K.
See Hitek Global Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
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 |
$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 |
$1.90 M
|
$2.64 M
|
$2.89 M
|
$2.58 M
|
$2.63 M
|
$3.19 M
|
$3.04 M
|
$3.21 M
|
$5.07 M
|
| Gross Profit |
$1.01 M
|
$1.92 M
|
$3.54 M
|
$3.88 M
|
$3.17 M
|
$3.75 M
|
$3.88 M
|
$3.68 M
|
$1.83 M
|
| Gross Profit Ratio |
0.35
|
0.42
|
0.55
|
0.6
|
0.55
|
0.54
|
0.56
|
0.53
|
0.26
|
| Research and Development Expenses |
$0.00
|
$38.22 K
|
$42.05 K
|
$43.66 K
|
$35.90 K
|
$25.32 K
|
$26.83 K
|
$24.16 K
|
$23.91 K
|
| General & Administrative Expenses |
$2.75 M
|
$1.82 M
|
$1.47 M
|
$1.70 M
|
$1.42 M
|
$1.22 M
|
$1.07 M
|
$1.05 M
|
$1.23 M
|
| Selling & Marketing Expenses |
$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 |
$2.75 M
|
$1.82 M
|
$1.91 M
|
$1.78 M
|
$1.42 M
|
$1.55 M
|
$1.07 M
|
$1.08 M
|
$1.39 M
|
| Other Expenses |
$0.00
|
-$38.22 K
|
-$42.05 K
|
-$50.54 K
|
-$35.90 K
|
-$75.95 K
|
-$33.52 K
|
-$37.22 K
|
$0.00
|
| Operating Expenses |
$2.75 M
|
$1.82 M
|
$1.91 M
|
$1.77 M
|
$1.42 M
|
$1.50 M
|
$1.04 M
|
$1.04 M
|
$1.41 M
|
| Cost And Expenses |
$4.65 M
|
$4.46 M
|
$4.79 M
|
$4.35 M
|
$4.05 M
|
$4.69 M
|
$4.08 M
|
$4.25 M
|
$6.48 M
|
| Interest Income |
$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 |
$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 |
$259.55 K
|
$53.83 K
|
$21.88 K
|
$355.74 K
|
$378.59 K
|
$379.86 K
|
$75.50 K
|
$30.78 K
|
$31.58 K
|
| EBITDA |
-$283.45 K |
$1.96 M |
$1.89 M |
$2.57 M |
$2.34 M |
$2.62 M |
$2.88 M |
$2.63 M |
$444.78 K |
| EBITDA Ratio |
-0.1
|
0.43
|
0.29
|
0.4
|
0.4
|
0.38
|
0.42
|
0.38
|
0.06
|
| Operating Income Ratio |
-0.6
|
0.02
|
0.25
|
0.33
|
0.3
|
0.32
|
0.41
|
0.38
|
0.06
|
| Total Other Income/Expenses Net |
$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 |
-$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 |
-0.29
|
0.35
|
0.29
|
0.34
|
0.34
|
0.34
|
0.39
|
0.38
|
0.07
|
| Income Tax Expense |
$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 |
-$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 |
-0.31
|
0.23
|
0.22
|
0.26
|
0.29
|
0.29
|
0.32
|
0.31
|
0.06
|
| EPS |
-0.0435 |
0.079 |
0.13 |
0.11 |
0.15 |
0.13 |
0.15 |
0.15 |
0.0244 |
| EPS Diluted |
-0.0623 |
0.079 |
0.13 |
0.11 |
0.15 |
0.13 |
0.15 |
0.14 |
0.0244 |
| Weighted Average Shares Out |
$14.39 M
|
$13.26 M
|
$10.99 M
|
$14.99 M
|
$10.99 M
|
$15.59 M
|
$14.99 M
|
$14.19 M
|
$15.59 M
|
| Weighted Average Shares Out Diluted |
$14.39 M
|
$13.26 M
|
$10.99 M
|
$14.99 M
|
$10.99 M
|
$15.59 M
|
$14.99 M
|
$10.99 M
|
$15.59 M
|
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