High-trend International Group income statement
In fiscal 2025, High-trend International Group reported revenue of $214m, up 98.2% on the year before, operating income of −$19.9m (a -9.3% margin) and net income of −$21.5m, or −$4.18 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Oct 2024 | 2025Oct 2025 |
|---|---|---|---|---|---|---|
| Revenue | 78 | 122 | 185 | 95 | 108 | 214 |
| Cost of revenue | 82 | 109 | 159 | 107 | 100 | 208 |
| Gross profit | −4 | 13 | 27 | −12 | 8 | 7 |
| General and administrative | 2 | 2 | 3 | 4 | 5 | 5 |
| Operating income | −6 | 10 | 24 | −16 | 2 | −20 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −6 | 10 | 24 | −16 | −21 | −20 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −3 | 5 | 12 | −9 | −24 | −21 |
| Diluted EPS | −$1.50 | $2.75 | $6.00 | −$4.45 | −$10.02 | −$4.18 |
| Diluted shares (average) | 2m | 2m | 2m | 2m | 2m | 5m |
| EBITDA | −6 | 11 | 24 | −16 | 2 | −20 |
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