Filing Flows › Huineng Technology (HNIT) › Q4 FY24
Huineng Technology (HNIT) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Jan 23, 2025
Huineng Technology (HNIT) reported revenue of $5K for the fourth quarter fiscal 2024 (Q4 FY24) and -31% from the quarter before. Operating margin was -215.7%, net loss $11K (215.7% of revenue).
Huineng Technology, Q4 FY24: revenue $5K, operating margin -215.7%, net loss $11K, operating cash flow −$9K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5K | -31% | — |
| Operating profit | −$11K | — | — |
| Net earnings | −$11K | — | — |
| Operating cash flow | −$9K | — | — |
What changed
Revenue was $5K in Q4 FY24, down 31% from the previous quarter.
Gross margin was 100.0%. Operating costs exceeded revenue by $11K, an operating margin of -215.7%. The quarter ended with a net loss of $11K, narrower than the previous quarter's $21K loss.
Operating cash flow was −$9K. Non-cash charges added back $0K of depreciation. Working capital and other items added $2K.
Questions
What was Huineng Technology's revenue in the fourth quarter fiscal 2024?
Huineng Technology (HNIT) reported revenue of $5K for the fourth quarter fiscal 2024 (Q4 FY24) and -31% from the quarter before.
Was Huineng Technology profitable in the fourth quarter fiscal 2024?
Operating loss was $11K (-215.7% of revenue) and net loss $11K.
Source: Huineng Technology 10-K on SEC EDGAR.