Filing Flows › Hi-Great Group Holding (HIGR) › Q1 2025
Hi-Great Group Holding (HIGR) Q1 2025 earnings results (first quarter 2025)
10-Q filed Jun 6, 2025
Hi-Great Group Holding (HIGR) reported revenue of $9K for the first quarter 2025 (Q1 2025), -2% from a year earlier and -34% from the quarter before. Operating margin was -218.1%, net loss $19K (213.2% of revenue).
Hi-Great Group Holding, Q1 2025: revenue $9K (-2% year over year), operating margin -218.1%, net loss $19K, operating cash flow −$8K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9K | -34% | -2% |
| Operating profit | −$19K | — | — |
| Net earnings | −$19K | — | — |
| Operating cash flow | −$8K | -152% | — |
What changed
Revenue was $9K in Q1 2025, down 2% year over year and down 34% from the previous quarter.
Gross margin was 15.6%, down 30.6 points from a year earlier. Operating costs exceeded revenue by $19K, an operating margin of -218.1%. Operating expenses grew 39% against a revenue fall of 2%. The fastest-growing cost line was General & admin (+145%). The quarter ended with a net loss of $19K, wider than the previous quarter's $6K loss.
Operating cash flow was −$8K. Non-cash charges added back $7K of depreciation. Working capital and other items added $4K.
Questions
What was Hi-Great Group Holding's revenue in the first quarter 2025?
Hi-Great Group Holding (HIGR) reported revenue of $9K for the first quarter 2025 (Q1 2025), -2% from a year earlier and -34% from the quarter before.
Was Hi-Great Group Holding profitable in the first quarter 2025?
Operating loss was $19K (-218.1% of revenue) and net loss $19K.