High-Trend International GroupHTCOEarnings & Financial Report
Nasdaq · media industry
Motor Trend Group, LLC is a media company that specializes in enthusiast brands, such as Motor Trend and Hot Rod. Headquartered in El Segundo, California, it was a subsidiary of the TNT Sports division of Warner Bros. Discovery (WBD) until being sold to Hearst Communications in 2024.
Revenue
$34.9M
Gross Profit
$2.4M
Operating Profit
$143.6K
Net Profit
$-771.7K
Gross Margin
7.0%
Operating Margin
0.4%
Net Margin
-2.2%
YoY Growth
N/A
EPS
$-0.37
Financial Flow
High-Trend International Group Q2 2024 Financial Summary
High-Trend International Group reported revenue of $34.9M for Q2 2024, with a net profit of $-771.7K (-2.2% margin). Cost of goods sold was $32.4M, operating expenses totaled $2.3M.
Key Financial Metrics
| Total Revenue | $34.9M |
|---|---|
| Net Profit | $-771.7K |
| Gross Margin | 7.0% |
| Operating Margin | 0.4% |
| Report Period | Q2 2024 |
High-Trend International Group Quarterly Revenue & Net Profit History
High-Trend International Group results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2025 | $99.4M | +185.2% | $-13.3M | -13.4% |
| Q2 2024 | $34.9M | — | $-771.7K | -2.2% |
Income Statement
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Revenue | $34.9M | $99.4M |
| YoY Growth | N/A | 185.2% |
Balance Sheet
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Assets | $13.4M | $41.7M |
| Liabilities | $20.1M | $16.2M |
| Equity | $-5.3M | $21.2M |
Cash Flow
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Operating CF | $-3.5M | $6.5M |