HiTek Global Inc.

HiTek Global Inc.HKITEarnings & Financial Report

Nasdaq · Information Technology · Services-Prepackaged Software

DB HiTek Co., Ltd., formerly Dongbu HiTek, is a semiconductor contract manufacturing and design company headquartered in Bucheon, Gyeonggi-do, South Korea. DB HiTek is one of the major contract chip manufacturers, alongside TSMC, Samsung Electronics, GlobalFoundries, and UMC. It is also the second-largest foundry company in South Korea, behind Samsung Electronics.

HKIT Q2 FY2025 Key Financial Metrics

Revenue

$741.5K

Gross Profit

$173.9K

Operating Profit

$-1.3M

Net Profit

$-916.1K

Gross Margin

23.4%

Operating Margin

-181.7%

Net Margin

-123.5%

YoY Growth

-59.6%

EPS

$-0.03

HiTek Global Inc. Q2 FY2025 Financial Summary

HiTek Global Inc. reported revenue of $741.5K (down 59.6% YoY) for Q2 FY2025, with a net profit of $-916.1K (down 853.0% YoY) (-123.5% margin). Cost of goods sold was $567.7K, operating expenses totaled $1.5M.

Key Financial Metrics

Total Revenue$741.5K
Net Profit$-916.1K
Gross Margin23.4%
Operating Margin-181.7%
Report PeriodQ2 FY2025

HiTek Global Inc. Quarterly Revenue & Net Profit History

HiTek Global Inc. results over the last 3 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q2 FY2025$741.5K-59.6%$-916.1K-123.5%
Q2 FY2024$1.8M-37.8%$121.7K6.6%
Q2 FY2023$2.9M$622.0K21.1%

Income Statement

Q2 2023Q2 2024Q2 2025
Revenue$2.9M$1.8M$741541
YoY GrowthN/A-37.8%-59.6%

Balance Sheet

Q2 2023Q2 2024Q2 2025
Assets$33.2M$43.5M$41.1M
Liabilities$7.2M$15.4M$6.5M
Equity$26.0M$28.1M$34.6M

Cash Flow

Q2 2023Q2 2024Q2 2025
Operating CF$200869$754123$1.2M