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 6 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).
Hi-Great’s shrinking sales base and working-capital unwind have turned recurring losses into a direct liquidity squeeze.
The least obvious shift is in cash conversion: FY2024 still produced positive operating cash flow despite a net loss, which implies the business was briefly supported by working-capital release rather than profitable operations. In FY2025 that support vanished, and cash burn moved in step with the loss, suggesting the core economics and the balance sheet were weakening at the same time.
The balance sheet now looks inventory-heavy and thin on liquid resources. FY2025 current ratio fell to 0.1x, cash was only
The earlier margin pattern could have looked like improvement, but it did not fix the model. Gross margin rose from
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Hi Great's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Hi Great has an operating margin of -236.0%, meaning the company retains $-236 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -71.5% the prior year.
Hi Great's revenue declined 46.6% year-over-year, from $69K to $37K. This contraction results in a growth score of 0/100.
Hi Great has elevated debt relative to equity (D/E of -1.09), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Hi Great's current ratio of 0.12 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Hi Great passes 2 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Hi Great generates $1.03 in operating cash flow (-$90K OCF vs -$87K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Hi Great generated $37K in revenue in fiscal year 2025. This represents a decrease of 46.6% from the prior year.
Hi Great's EBITDA was -$81K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 180.0% from the prior year.
Hi Great reported -$87K in net income in fiscal year 2025. This represents a decrease of 79.4% from the prior year.
Cash & Balance Sheet
Hi Great held $521 in cash against $0 in long-term debt as of fiscal year 2025.
Hi Great had 103M shares outstanding in fiscal year 2025. This represents an increase of 2.5% from the prior year.
Margins & Returns
Hi Great's gross margin was 64.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 15.1 percentage points from the prior year.
Hi Great's operating margin was -236.0% in fiscal year 2025, reflecting core business profitability. This is down 164.4 percentage points from the prior year.
Hi Great's net profit margin was -236.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 165.7 percentage points from the prior year.
Capital Allocation
HIGR Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13K+443.2% | $2K-84.3% | $16K+52.9% | $10K+14.1% | $9K-34.2% | $14K-56.9% | $31K+105.3% | $15K |
| Cost of Revenue | $4K-18.8% | $5K+20.2% | $4K+96.1% | $2K-6.8% | $2K-40.8% | $4K-52.1% | $8K+92.2% | $4K |
| Gross Profit | $6K+115.5% | -$39K-655.6% | $7K+25.5% | $6K+300.2% | $1K-78.0% | $6K-61.0% | $16K+118.4% | $7K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $4K+527.0% | -$1K-116.1% | $6K-31.9% | $9K+139.0% | $4K-12.1% | $4K+56.1% | $3K-25.9% | $4K |
| Operating Income | -$7K+83.0% | -$43K-412.9% | -$8K+51.4% | -$17K+12.0% | -$19K-245.4% | -$6K+59.1% | -$14K+29.1% | -$19K |
| Interest Expense | $624 | N/A | N/A | N/A | N/A | N/A | $5690.0% | $569 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$8K+81.8% | -$43K-418.2% | -$8K+51.4% | -$17K+10.0% | -$19K-237.6% | -$6K+60.8% | -$14K+28.3% | -$20K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HIGR Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $22K+2.8% | $21K-70.3% | $72K+4.7% | $69K-2.9% | $71K-18.2% | $87K+43.5% | $61K-3.9% | $63K |
| Current Assets | $22K+2.8% | $21K-70.3% | $72K+4.7% | $69K-2.9% | $71K-11.2% | $80K+71.0% | $47K-5.0% | $49K |
| Cash & Equivalents | $5K+877.4% | $521-93.5% | $8K+3497.3% | $222+7.2% | $207-90.3% | $2K+822.4% | $232+100.0% | $116 |
| Inventory | $17K-18.9% | $21K-67.4% | $64K-6.5% | $69K-2.9% | $71K-6.9% | $76K+83.4% | $42K-12.4% | $47K |
| 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 | $278K+3.1% | $269K-2.8% | $277K+4.3% | $266K+4.9% | $253K+1.2% | $250K+12.9% | $222K+5.6% | $210K |
| Current Liabilities | $195K+4.5% | $186K-32.9% | $277K+4.3% | $266K+4.9% | $253K+1.4% | $250K+30.6% | $191K+1.5% | $188K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$256K-3.2% | -$248K-20.9% | -$205K-4.2% | -$197K-8.0% | -$182K-11.6% | -$163K-1.4% | -$161K-9.8% | -$147K |
| Retained Earnings | -$988K-0.8% | -$980K-4.6% | -$937K-0.9% | -$929K-1.9% | -$912K-2.1% | -$893K-2.9% | -$868K-0.6% | -$862K |
HIGR Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5K+105.3% | -$87K-1214.1% | $8K+412.6% | -$2K+70.4% | -$8K-124.5% | $34K+1312.2% | -$3K-204.4% | $3K |
| 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 | N/A | N/A | $0 | $0-100.0% | $7K | $0-100.0% | $7K0.0% | $7K |
| Financing Cash Flow | N/A | $86K | $0-100.0% | $3K+670.8% | -$438+96.9% | -$14K-272.4% | -$4K+45.5% | -$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 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.1%+1625.5pp | -1580.4%-1625.1pp | 44.8%-9.8pp | 54.6%+39.0pp | 15.6%-31.0pp | 46.6%-4.8pp | 51.4%+3.1pp | 48.3% |
| Operating Margin | -54.4%+1687.5pp | -1741.9%-1688.4pp | -53.5%+114.7pp | -168.2%+50.0pp | -218.1%-176.6pp | -41.5%+2.2pp | -43.8%+83.0pp | -126.7% |
| Net Margin | -59.1%+1700.8pp | -1759.8%-1706.4pp | -53.5%+114.7pp | -168.2%+45.0pp | -213.2%-171.7pp | -41.5%+4.0pp | -45.6%+84.9pp | -130.4% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -35.4%+164.4pp | -199.8%-188.3pp | -11.5%+13.2pp | -24.7%+2.0pp | -26.6%-20.2pp | -6.5%+17.1pp | -23.6%+8.0pp | -31.6% |
| Current Ratio | 0.110.0 | 0.12-0.1 | 0.260.0 | 0.26-0.0 | 0.28-0.0 | 0.32+0.1 | 0.24-0.0 | 0.26 |
| Debt-to-Equity | -1.090.0 | -1.09+0.3 | -1.350.0 | -1.35+0.0 | -1.39+0.1 | -1.53-0.2 | -1.38+0.1 | -1.43 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$248K), 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 (0.12), 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 $37K in total revenue for fiscal year 2025. This represents a -46.6% 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 46.6% year-over-year, from $69K to $37K in fiscal year 2025.
Is Hi Great profitable?
No, Hi Great (HIGR) reported a net income of -$87K in fiscal year 2025, with a net profit margin of -236.0%.
What is Hi Great's EBITDA?
Hi Great (HIGR) had EBITDA of -$81K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Hi Great's gross margin?
Hi Great (HIGR) had a gross margin of 64.2% in fiscal year 2025, 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 -236.0% in fiscal year 2025, 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 -236.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Hi Great's operating cash flow?
Hi Great (HIGR) generated -$90K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Hi Great's total assets?
Hi Great (HIGR) had $21K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Hi Great's current ratio?
Hi Great (HIGR) had a current ratio of 0.12 as of fiscal year 2025, 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 -1.09 as of fiscal year 2025, 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 -405.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Hi Great's cash runway?
Based on fiscal year 2025 data, Hi Great (HIGR) had $521 in cash against an annual operating cash burn of $90K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Hi Great's debt-to-equity ratio negative or unusual?
Hi Great (HIGR) has negative shareholder equity of -$248K as of fiscal year 2025, 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 2 out of 9, indicating weak 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 to 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 1.03x, considered low quality (accrual-driven). 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.
How financially healthy is Hi Great?
Hi Great (HIGR) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.