What is HiTek Global Inc.'s earnings per share (EPS)?

HiTek Global Inc. (HKIT) reported diluted earnings per share of $0.02 for fiscal year 2025. This represents a 118.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

HiTek Global Inc. Financials

HKIT

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows HiTek Global Inc. (HKIT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).

Rhea AI HKIT FY2025 2026-04-24

Hitek’s profit recovery masks a cash-hungry working-capital shift as receivables absorb liquidity and margins stay thin.

From FY2024 to FY2025, accounts receivable expanded from $1.4M to $5.4M even as revenue recovered. At the same time, operating cash flow moved from -$689K to -$1.5M, which means the rebound consumed cash instead of releasing it and makes the small profit look weaker on earnings quality than the income statement alone suggests.

The larger issue is unit economics, not just scale: gross margin fell from 34.6% in FY2024 to 10.6% in FY2025, so the revenue rebound did not restore the spread needed to cover overhead. With SG&A still running at $2.5M, the business is operating on a much thinner cushion than it did a few years ago.

The balance sheet looks solvent but less immediately liquid: total liabilities were only $6.6M against equity of $36.0M, so leverage is not the core constraint. But cash fell to $3.6M while the current ratio remained 8.2x, indicating that much of the short-term cushion now sits in receivables and other current assets rather than in cash on hand.

Financial Health Signals

Financial Profile 46/100

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 HiTek Global Inc.'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.

Profitability

HiTek Global Inc. has an operating margin of -27.4%, meaning the company retains $-27 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 up from -60.1% the prior year.

Growth

HiTek Global Inc.'s revenue surged 125.0% year-over-year to $6.5M, reflecting rapid business expansion. This strong growth earns a score of 66/100.

Leverage

HiTek Global Inc. carries a low D/E ratio of 0.18, meaning only $0.18 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 8.23, HiTek Global Inc. holds $8.23 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While HiTek Global Inc. generated -$1.5M in operating cash flow, capex of $186K consumed most of it, leaving -$1.7M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

HiTek Global Inc. generates a 0.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 12/100. This is up from -2.5% the prior year.

Piotroski F-Score Weak

3/9

HiTek Global Inc. passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

-8.53x

For every $1 of reported earnings, HiTek Global Inc. generates $-8.53 in operating cash flow (-$1.5M OCF vs $180K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-5.8x

HiTek Global Inc. earns $-5.8 in operating income for every $1 of interest expense (-$1.8M vs $309K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$6.5M

YoY+125.0%

5Y CAGR+2.4%

HiTek Global Inc. generated $6.5M in revenue in fiscal year 2025. This represents an increase of 125.0% from the prior year.

EBITDA

-$1.5M

YoY-0.6%

HiTek Global Inc.'s EBITDA was -$1.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.6% from the prior year.

Net Income

$180K

YoY+120.1%

5Y CAGR-36.1%

HiTek Global Inc. reported $180K in net income in fiscal year 2025. This represents an increase of 120.1% from the prior year.

EPS (Diluted)

$0.02

YoY+118.2%

5Y CAGR-33.2%

HiTek Global Inc. earned $0.02 per diluted share (EPS) in fiscal year 2025. This represents an increase of 118.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.7M

HiTek Global Inc. generated -$1.7M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$3.6M

YoY-50.1%

5Y CAGR+14.2%

HiTek Global Inc. held $3.6M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

21M

YoY+46.7%

5Y CAGR+13.9%

HiTek Global Inc. had 21M shares outstanding in fiscal year 2025. This represents an increase of 46.7% from the prior year.

Margins & Returns

Gross Margin

10.6%

YoY-24.1pp

5Y CAGR-44.1pp

HiTek Global Inc.'s gross margin was 10.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 24.1 percentage points from the prior year.

Operating Margin

-27.4%

YoY+32.7pp

5Y CAGR-57.6pp

HiTek Global Inc.'s operating margin was -27.4% in fiscal year 2025, reflecting core business profitability. This is up 32.7 percentage points from the prior year.

Net Margin

2.8%

YoY+33.6pp

5Y CAGR-26.3pp

HiTek Global Inc.'s net profit margin was 2.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 33.6 percentage points from the prior year.

Return on Equity

0.5%

YoY+3.0pp

5Y CAGR-14.6pp

HiTek Global Inc.'s ROE was 0.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$186K

HiTek Global Inc. invested $186K in capex in fiscal year 2025, funding long-term assets and infrastructure.

HKIT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$6.5M+125.0%	$2.9M-36.3%	$4.6M-29.0%	$6.4M-0.5%	$6.5M+11.3%	$5.8M
Cost of Revenue	$5.8M+207.8%	$1.9M-28.1%	$2.6M-8.6%	$2.9M+12.0%	$2.6M-2.0%	$2.6M
Gross Profit	$690K-31.4%	$1.0M-47.6%	$1.9M-45.7%	$3.5M-8.8%	$3.9M+22.3%	$3.2M
R&D Expenses	N/A	N/A	$38K-9.1%	$42K-3.7%	$44K+21.6%	$36K
SG&A Expenses	$2.5M-10.0%	$2.8M+51.2%	$1.8M+23.6%	$1.5M-13.4%	$1.7M+20.1%	$1.4M
Operating Income	-$1.8M-2.5%	-$1.7M-1828.8%	$101K-93.8%	$1.6M-22.6%	$2.1M+19.9%	$1.8M
Interest Expense	$309K+0.1%	$309K-1.7%	$314K+10.0%	$285K+4273.2%	$7K0.0%	$7K
Income Tax	-$51K-229.4%	$40K-92.7%	$547K+20.7%	$453K-16.5%	$543K+101.6%	$269K
Net Income	$180K+120.1%	-$897K-185.6%	$1.0M-26.0%	$1.4M-15.2%	$1.7M-1.2%	$1.7M
EPS (Diluted)	$0.02+118.2%	$-0.11-184.6%	$0.130.0%	$0.13-13.3%	$0.150.0%	$0.15

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q4'21
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HKIT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$42.6M+2.5%	$41.5M+17.3%	$35.4M+67.1%	$21.2M+23.7%	$17.1M+19.0%	$14.4M
Current Assets	$40.8M+19.3%	$34.2M+37.9%	$24.8M+121.6%	$11.2M-13.7%	$13.0M+20.3%	$10.8M
Cash & Equivalents	$3.6M-50.1%	$7.2M-22.3%	$9.3M+673.9%	$1.2M-42.5%	$2.1M+12.3%	$1.9M
Inventory	$79K-48.6%	$154K-29.6%	$220K-49.0%	$431K+5.3%	$409K+241.4%	$120K
Accounts Receivable	$5.4M+290.3%	$1.4M-34.6%	$2.1M-35.2%	$3.3M+38.8%	$2.4M+10.7%	$2.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.6M+4.8%	$6.3M-11.6%	$7.1M-7.7%	$7.7M+91.3%	$4.0M+23.9%	$3.2M
Current Liabilities	$5.0M+89.6%	$2.6M-22.5%	$3.4M-19.8%	$4.2M+50.8%	$2.8M+17.1%	$2.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$36.0M+2.1%	$35.3M+24.5%	$28.3M+109.5%	$13.5M+3.0%	$13.1M+17.6%	$11.2M
Retained Earnings	$10.7M+1.7%	$10.5M-7.9%	$11.4M+10.1%	$10.3M+15.0%	$9.0M+21.9%	$7.4M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q4'21
Total Assets	$42.6M+3.6%	$41.1M-1.0%	$41.5M-4.5%	$43.5M+22.8%	$35.4M+6.8%	$33.2M+56.5%	$21.2M+23.7%	$17.1M
Current Assets	$40.8M+18.8%	$34.3M+0.5%	$34.2M-8.3%	$37.3M+50.5%	$24.8M+10.8%	$22.4M+100.0%	$11.2M-13.7%	$13.0M
Cash & Equivalents	$3.6M-55.9%	$8.2M+13.3%	$7.2M+0.3%	$7.2M-22.5%	$9.3M+69.4%	$5.5M+356.7%	$1.2M-42.5%	$2.1M
Inventory	$79K-43.6%	$141K-8.8%	$154K-19.8%	$193K-12.2%	$220K-51.9%	$457K+6.0%	$431K+5.3%	$409K
Accounts Receivable	$5.4M+370.8%	$1.1M-17.1%	$1.4M-28.5%	$1.9M-8.5%	$2.1M+67.7%	$1.3M-61.4%	$3.3M+38.8%	$2.4M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.6M+0.8%	$6.5M+4.0%	$6.3M-59.2%	$15.4M+116.6%	$7.1M-1.9%	$7.2M-5.9%	$7.7M+91.3%	$4.0M
Current Liabilities	$5.0M+105.9%	$2.4M-7.9%	$2.6M-51.8%	$5.4M+60.8%	$3.4M-40.9%	$5.7M+35.8%	$4.2M+50.8%	$2.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$36.0M+4.1%	$34.6M-1.9%	$35.3M+25.3%	$28.1M-0.7%	$28.3M+9.2%	$26.0M+91.9%	$13.5M+3.0%	$13.1M
Retained Earnings	$10.7M+11.4%	$9.6M-8.7%	$10.5M-8.8%	$11.5M+1.1%	$11.4M+24.1%	$9.2M-11.3%	$10.3M+15.0%	$9.0M

HKIT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$1.5M-123.1%	-$689K-1012.1%	-$62K-101.6%	$3.8M+1882.2%	-$215K-111.1%	$1.9M
Capital Expenditures	$186K	N/A	$186K	N/A	N/A	N/A
Free Cash Flow	-$1.7M	N/A	-$248K	N/A	N/A	N/A
Investing Cash Flow	-$2.1M+77.9%	-$9.6M-37.6%	-$6.9M+5.5%	-$7.3M-1937.3%	$400K+146.2%	-$865K
Financing Cash Flow	$8.2M0.0%	$8.2M-45.8%	$15.1M+450.8%	$2.7M	N/A	N/A
Dividends Paid	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

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q4'21
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

HKIT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	10.6%-24.1pp	34.6%-7.5pp	42.1%-12.9pp	55.0%-5.0pp	60.1%+5.4pp	54.6%
Operating Margin	-27.4%+32.7pp	-60.1%-62.4pp	2.2%-23.1pp	25.3%-7.3pp	32.6%+2.4pp	30.2%
Net Margin	2.8%+33.6pp	-30.9%-53.8pp	23.0%+0.9pp	22.0%-3.8pp	25.8%-3.2pp	29.1%
Return on Equity	0.5%+3.0pp	-2.5%-6.2pp	3.7%-6.8pp	10.5%-2.3pp	12.7%-2.4pp	15.1%
Return on Assets	0.4%+2.6pp	-2.2%-5.1pp	3.0%-3.7pp	6.7%-3.1pp	9.7%-2.0pp	11.7%
Current Ratio	8.23-4.8	13.08+5.7	7.35+4.7	2.66-2.0	4.65+0.1	4.53
Debt-to-Equity	0.180.0	0.18-0.1	0.25-0.3	0.57+0.3	0.31+0.0	0.29
FCF Margin	-26.4%	N/A	-5.4%	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q4'21
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	8.23-6.0	14.27+1.2	13.08+6.2	6.88-0.5	7.35+3.4	3.92+1.3	2.66-2.0	4.65
Debt-to-Equity	0.180.0	0.19+0.0	0.18-0.4	0.55+0.3	0.25-0.0	0.28-0.3	0.57+0.3	0.31
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is HiTek Global Inc.'s annual revenue?

HiTek Global Inc. (HKIT) reported $6.5M in total revenue for fiscal year 2025. This represents a 125.0% 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 HiTek Global Inc.'s revenue growing?

HiTek Global Inc. (HKIT) revenue grew by 125% year-over-year, from $2.9M to $6.5M in fiscal year 2025.

Is HiTek Global Inc. profitable?

Yes, HiTek Global Inc. (HKIT) reported a net income of $180K in fiscal year 2025, with a net profit margin of 2.8%.

What is HiTek Global Inc.'s EBITDA?

HiTek Global Inc. (HKIT) had EBITDA of -$1.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is HiTek Global Inc.'s gross margin?

HiTek Global Inc. (HKIT) had a gross margin of 10.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is HiTek Global Inc.'s operating margin?

HiTek Global Inc. (HKIT) had an operating margin of -27.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is HiTek Global Inc.'s net profit margin?

HiTek Global Inc. (HKIT) had a net profit margin of 2.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is HiTek Global Inc.'s return on equity (ROE)?

HiTek Global Inc. (HKIT) has a return on equity of 0.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is HiTek Global Inc.'s free cash flow?

HiTek Global Inc. (HKIT) generated -$1.7M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is HiTek Global Inc.'s operating cash flow?

HiTek Global Inc. (HKIT) generated -$1.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are HiTek Global Inc.'s total assets?

HiTek Global Inc. (HKIT) had $42.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are HiTek Global Inc.'s capital expenditures?

HiTek Global Inc. (HKIT) invested $186K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does HiTek Global Inc. have outstanding?

HiTek Global Inc. (HKIT) had 21M shares outstanding as of fiscal year 2025.

What is HiTek Global Inc.'s current ratio?

HiTek Global Inc. (HKIT) had a current ratio of 8.23 as of fiscal year 2025, which is generally considered healthy.

What is HiTek Global Inc.'s debt-to-equity ratio?

HiTek Global Inc. (HKIT) had a debt-to-equity ratio of 0.18 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is HiTek Global Inc.'s return on assets (ROA)?

HiTek Global Inc. (HKIT) had a return on assets of 0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is HiTek Global Inc.'s cash runway?

Based on fiscal year 2025 data, HiTek Global Inc. (HKIT) had $3.6M in cash against an annual operating cash burn of $1.5M. This gives an estimated cash runway of approximately 28 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.

What is HiTek Global Inc.'s Piotroski F-Score?

HiTek Global Inc. (HKIT) has a Piotroski F-Score of 3 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 HiTek Global Inc.'s earnings high quality?

HiTek Global Inc. (HKIT) has an earnings quality ratio of -8.53x, 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.

Can HiTek Global Inc. cover its interest payments?

HiTek Global Inc. (HKIT) has an interest coverage ratio of -5.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is HiTek Global Inc.?

HiTek Global Inc. (HKIT) scores 46 out of 100 on our Financial Profile, indicating moderate 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.