Hi Great Financials
This page shows Hi Great (HIGR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Hi Great passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Hi Great generates $-0.33 in operating cash flow ($16K OCF vs -$49K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Hi Great generated $69K in revenue in fiscal year 2024. This represents a decrease of 36.8% from the prior year.
Hi Great's EBITDA was -$29K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 68.6% from the prior year.
Hi Great reported -$49K in net income in fiscal year 2024. This represents an increase of 60.1% from the prior year.
Cash & Balance Sheet
Hi Great held $2K in cash against $0 in long-term debt as of fiscal year 2024.
Hi Great had 100M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
Hi Great's gross margin was 49.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 2.6 percentage points from the prior year.
Hi Great's operating margin was -71.5% in fiscal year 2024, reflecting core business profitability. This is up 37.6 percentage points from the prior year.
Hi Great's net profit margin was -70.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 41.0 percentage points from the prior year.
Capital Allocation
HIGR Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16K+52.9% | $10K+14.1% | $9K-34.2% | $14K-56.9% | $31K+105.3% | $15K+68.8% | $9K+34.9% | $7K |
| Cost of Revenue | $4K+96.1% | $2K-6.8% | $2K-40.8% | $4K-52.1% | $8K+92.2% | $4K+80.3% | $2K+23.7% | $2K |
| Gross Profit | $7K+25.5% | $6K+300.2% | $1K-78.0% | $6K-61.0% | $16K+118.4% | $7K+76.6% | $4K+188.1% | $1K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $6K-31.9% | $9K+139.0% | $4K-12.1% | $4K+56.1% | $3K-25.9% | $4K+141.4% | $2K-94.0% | $26K |
| Operating Income | -$8K+51.4% | -$17K+12.0% | -$19K-245.4% | -$6K+59.1% | -$14K+29.1% | -$19K-79.1% | -$11K+64.4% | -$30K |
| Interest Expense | N/A | N/A | N/A | N/A | $5690.0% | $5690.0% | $569 | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$8K+51.4% | -$17K+10.0% | -$19K-237.6% | -$6K+60.8% | -$14K+28.3% | -$20K-127.1% | -$9K+71.1% | -$30K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HIGR Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $72K+4.7% | $69K-2.9% | $71K-18.2% | $87K+43.5% | $61K-3.9% | $63K-23.6% | $82K-13.5% | $95K |
| Current Assets | $72K+4.7% | $69K-2.9% | $71K-11.2% | $80K+71.0% | $47K-5.0% | $49K-10.3% | $55K-19.0% | $68K |
| Cash & Equivalents | $8K+3497.3% | $222+7.2% | $207-90.3% | $2K+822.4% | $232+100.0% | $116-93.1% | $2K+165.7% | -$3K |
| Inventory | $64K-6.5% | $69K-2.9% | $71K-6.9% | $76K+83.4% | $42K-12.4% | $47K-7.9% | $51K-4.8% | $54K |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $277K+4.3% | $266K+4.9% | $253K+1.2% | $250K+12.9% | $222K+5.6% | $210K+7.1% | $196K-1.5% | $199K |
| Current Liabilities | $277K+4.3% | $266K+4.9% | $253K+1.4% | $250K+30.6% | $191K+1.5% | $188K+7.9% | $175K-1.6% | $177K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$205K-4.2% | -$197K-8.0% | -$182K-11.6% | -$163K-1.4% | -$161K-9.8% | -$147K-27.8% | -$115K-11.0% | -$103K |
| Retained Earnings | -$937K-0.9% | -$929K-1.9% | -$912K-2.1% | -$893K-2.9% | -$868K-0.6% | -$862K-2.3% | -$843K-1.2% | -$833K |
HIGR Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8K+412.6% | -$2K+70.4% | -$8K-161.6% | $14K+581.2% | -$3K-204.4% | $3K+2.6% | $3K+108.0% | -$33K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0-100.0% | $7K | $0-100.0% | $7K0.0% | $7K0.0% | $7K | N/A |
| Financing Cash Flow | $0-100.0% | $3K+670.8% | -$438+96.9% | -$14K-272.4% | -$4K+45.5% | -$7K+26.2% | -$10K-30.1% | -$7K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HIGR Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.8%-9.8pp | 54.6%+39.0pp | 15.6%-31.0pp | 46.6%-4.8pp | 51.4%+3.1pp | 48.3%+2.1pp | 46.2%+24.6pp | 21.6% |
| Operating Margin | -53.5%+114.7pp | -168.2%+50.0pp | -218.1%-176.6pp | -41.5%+2.2pp | -43.8%+83.0pp | -126.7%-7.3pp | -119.4%+333.0pp | -452.5% |
| Net Margin | -53.5%+114.7pp | -168.2%+45.0pp | -213.2%-171.7pp | -41.5%+4.0pp | -45.6%+84.9pp | -130.4%-33.5pp | -97.0%+355.5pp | -452.5% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -11.5%+13.2pp | -24.7%+2.0pp | -26.6%-20.2pp | -6.5%+17.1pp | -23.6%+8.0pp | -31.6%-21.0pp | -10.6%+21.2pp | -31.8% |
| Current Ratio | 0.260.0 | 0.26-0.0 | 0.28-0.0 | 0.32+0.1 | 0.24-0.0 | 0.26-0.1 | 0.31-0.1 | 0.38 |
| Debt-to-Equity | -1.350.0 | -1.35+0.0 | -1.39+0.1 | -1.53-0.2 | -1.38+0.1 | -1.43+0.3 | -1.71+0.2 | -1.92 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$163K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.32), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Hi Great's annual revenue?
Hi Great (HIGR) reported $69K in total revenue for fiscal year 2024. This represents a -36.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Hi Great's revenue growing?
Hi Great (HIGR) revenue declined by 36.8% year-over-year, from $109K to $69K in fiscal year 2024.
Is Hi Great profitable?
No, Hi Great (HIGR) reported a net income of -$49K in fiscal year 2024, with a net profit margin of -70.2%.
What is Hi Great's EBITDA?
Hi Great (HIGR) had EBITDA of -$29K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Hi Great's gross margin?
Hi Great (HIGR) had a gross margin of 49.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Hi Great's operating margin?
Hi Great (HIGR) had an operating margin of -71.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Hi Great's net profit margin?
Hi Great (HIGR) had a net profit margin of -70.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Hi Great's operating cash flow?
Hi Great (HIGR) generated $16K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Hi Great's total assets?
Hi Great (HIGR) had $87K in total assets as of fiscal year 2024, including both current and long-term assets.
What is Hi Great's current ratio?
Hi Great (HIGR) had a current ratio of 0.32 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Hi Great's debt-to-equity ratio?
Hi Great (HIGR) had a debt-to-equity ratio of -1.53 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hi Great's return on assets (ROA)?
Hi Great (HIGR) had a return on assets of -55.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Hi Great's debt-to-equity ratio negative or unusual?
Hi Great (HIGR) has negative shareholder equity of -$163K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Hi Great's Piotroski F-Score?
Hi Great (HIGR) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hi Great's earnings high quality?
Hi Great (HIGR) has an earnings quality ratio of -0.33x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.