HIHO FY 2023 Earnings — Highway Holdings Limited Revenue & Financial Results | Market Cap Arena

HIHOHighway Holdings Limited

$4M

FY 2023 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$10M-17.2% YoY

Gross Profit

$3M30.7% margin

Operating Income

-$477,000-4.7% margin

Net Income

-$294,000-2.9% margin

EPS (Diluted)

$-0.07

Cash Flow

Operating Cash Flow

$809,000

Free Cash Flow

$717,000

Stock-Based Comp.

$89,000

Balance Sheet

Total Assets

$14M

Total Liabilities

$6M

Stockholders' Equity

$8M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$12M	-17.2%
Gross Profit	$3M	$4M	-16.7%
Operating Income	-$477,000	$567,000	-184.1%
Net Income	-$294,000	$443,000	-166.4%