HPAIW | Helport AI Limited Warrants Annual & Quarterly

Annual Income Statements

(In USD)

Breakdown	2024	2023	2022
Revenue	29.57 Million	12.72 Million	2.66 Million
Cost of Revenue	10.99 Million	4.88 Million	1.24 Million
Gross Profit	18.57 Million	7.84 Million	1.42 Million
Operating Expenses	9.38 Million	2.05 Million	440.44 Thousand
Selling, General and Administrative Expenses	2.11 Million	407.74 Thousand	183.8 Thousand
Research and Development Expenses	4.3 Million	375.41 Thousand	-
Other Expenses	2.95 Million	1.26 Million	-
Cost and Expenses	20.37 Million	6.93 Million	1.68 Million
Operating Income	9.19 Million	5.79 Million	980.77 Thousand
Interest Expense	226.71 Thousand	7936.00	5894.00
Income Tax Expense	1.6 Million	970.75 Thousand	152.91 Thousand
Earnings before Tax	8.97 Million	5.78 Million	974.87 Thousand
Net Income	7.36 Million	4.81 Million	821.96 Thousand
Earnings Per Share Basic	-	-	-
Earnings Per Share Diluted	-	-	-
Weighted Average Shares Outstanding	-	-	-
Weighted Average Shares Outstanding (Diluted)	-	-	-
Gross Margin	0.63	0.62	0.53
EBIT Margin	0.39	0.64	0.59
Profit Margin	0.25	0.38	0.31
EBITDA	11.55 Million	8.12 Million	1.56 Million
Earnings Before Tax Margin	0.31	0.46	0.37

Breakdown	2022 FY	2021 FY
Revenue	12.72 Million	2.66 Million
Cost of Revenue	4.88 Million	1.24 Million
Gross Profit	7.84 Million	1.42 Million
Operating Expenses	2.05 Million	440.44 Thousand
Selling, General and Administrative Expenses	-	-
Research and Development Expenses	-	-
Other Expenses	-	-
Cost and Expenses	6.93 Million	1.68 Million
Operating Income	5.79 Million	980.77 Thousand
Interest Expense	7936.00	5894.00
Income Tax Expense	970.75 Thousand	152.91 Thousand
Earnings before Tax	5.78 Million	974.87 Thousand
Net Income	4.81 Million	821.96 Thousand
Earnings Per Share Basic	-	-
Earnings Per Share Diluted	-	-
Weighted Average Shares Outstanding	-	-
Weighted Average Shares Outstanding (Diluted)	-	-
Gross Margin	0.62	0.53
EBIT Margin	-	-
Profit Margin	0.38	0.31
EBITDA	-	-
Earnings Before Tax Margin	0.46	0.37