Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Hiru.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2016 | December 31, 2015 | December 31, 2000 | December 31, 1999 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.84M | $11.84M | $1.25M | $- | $- | $- | $- | $35.11K | $218.15M | $238.67M |
| Cost of Revenue | $2.30M | $6.53M | $- | $- | $- | $- | $- | $27.95K | $121.42M | $215.08M |
| Gross Profit | $1.53M | $5.32M | $1.25M | $- | $- | $- | $- | $7.16K | $96.73M | $23.59M |
| Gross Profit Ratio | 40.00% | 44.88% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 20.40% | 44.34% | 9.89% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $966.57K | $2.28M | $1.09M | $5.42K | $2.31K | $1.78K | $1.28K | $15.42K | $100.45M | $12.11M |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $-61.87M | $-69.01M |
| Operating Expenses | $966.57K | $2.28M | $1.09M | $5.42K | $2.31K | $1.78K | $1.28K | $15.42K | $103.30M | $19.58M |
| Cost and Expenses | $3.27M | $8.81M | $1.09M | $5.42K | $2.31K | $1.78K | $1.28K | $43.37K | $224.71M | $234.66M |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $12.48M | $- |
| Depreciation and Amortization | $167.90K | $228.49K | $236.56K | $206.30K | $171.86K | $- | $22.82K | $- | $-2.85M | $-7.48M |
| EBITDA | $567.72K | $3.04M | $159.06K | $-5.42K | $-2.31K | $-1.78K | $-1.28K | $-8.26K | $-3.71M | $11.49M |
| EBITDA Ratio | 14.80% | 25.63% | 12.73% | - | - | - | - | -23.52% | -1.70% | 4.81% |
| Operating Income | $567.73K | $3.04M | $159.06K | $-5.42K | $-2.31K | $-1.78K | $-1.28K | $-8.26K | $-867.00K | $38.23M |
| Operating Income Ratio | 14.80% | 25.63% | 12.73% | - | - | - | - | -23.52% | -0.40% | 16.02% |
| Total Other Income Expenses Net | $- | $- | $1 | $1 | $-1 | $-1 | $- | $- | $-18.18M | $-32.76M |
| Income Before Tax | $567.73K | $3.04M | $159.06K | $-5.42K | $-2.31K | $-1.78K | $-1.28K | $-8.26K | $-19.05M | $-28.75M |
| Income Before Tax Ratio | 14.80% | 25.63% | 12.73% | - | - | - | - | -23.53% | -8.73% | -12.04% |
| Income Tax Expense | $-167.90K | $-228.49K | $-236.56K | $-206.30K | $-171.86K | $- | $-22.82K | $- | $11.70M | $-4.29M |
| Net Income | $567.73K | $3.04M | $159.06K | $-5.42K | $-2.31K | $-1.78K | $-1.28K | $-8.26K | $-30.75M | $-25.90M |
| Net Income Ratio | 14.80% | 25.63% | 12.73% | - | - | - | - | -23.53% | -14.09% | -10.85% |
| EPS | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-2.35 | $-1.92 |
| EPS Diluted | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-2.35 | $-1.92 |
| Weighted Average Shares Outstanding | 2.94B | 1.94B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 13.08M | 13.48M |
| Weighted Average Shares Outstanding Diluted | 2.94B | 1.94B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 1.75B | 13.08M | 13.48M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2016 | December 31, 2015 | December 31, 2000 | December 31, 1999 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.08M | $28.42K | $83.14K | $3.95K | $19.79K | $15.99K | $589 | $969 | $2.68M | $1.49M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.08M | $28.42K | $83.14K | $3.95K | $19.79K | $15.99K | $589 | $969 | $2.68M | $1.49M |
| Net Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $1.41M | $2.24M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $1.06M | $1.09M |
| Other Current Assets | $178.75K | $275.00K | $656.57K | $2.30K | $2.22K | $2.15K | $2.00K | $2.60K | $43.78M | $58.59M |
| Total Current Assets | $1.26M | $303.42K | $739.70K | $6.25K | $22.02K | $18.13K | $2.59K | $3.57K | $48.94M | $63.41M |
| Property Plant Equipment Net | $8.20M | $8.20M | $3.50M | $1.32K | $1.32K | $1.32K | $1.32K | $1.32K | $18.86M | $20.62M |
| Goodwill | $- | $- | $- | $- | $- | $- | $75.00K | $75.00K | $8.77M | $12.00M |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $125.00K | $125.00K | $8.77M | $11.12M |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $200.00K | $200.00K | $8.77M | $11.12M |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $849.29K | $1 | $-1 | $125.00K | $125.00K | $125.00K | $-75.00K | $-75.00K | $2.81M | $3.22M |
| Total Non-Current Assets | $9.05M | $8.20M | $3.50M | $126.33K | $126.33K | $126.33K | $126.33K | $126.33K | $30.43M | $34.96M |
| Other Assets | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $10.31M | $8.50M | $4.24M | $132.58K | $148.34K | $144.46K | $128.91K | $129.89K | $79.37M | $98.37M |
| Account Payables | $99.08K | $143.60K | $5.33K | $- | $- | $- | $- | $- | $15.26M | $17.78M |
| Short Term Debt | $1.27M | $876.45K | $- | $- | $- | $- | $- | $- | $79.04M | $25.65M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $4.30M | $4.73M |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $-1 | $- | $590.11K | $599.10K | $591.41K | $584.32K | $584.32K | $33.87M | $19.32M |
| Total Current Liabilities | $1.37M | $1.02M | $5.33K | $590.11K | $599.10K | $591.41K | $584.32K | $584.32K | $132.47M | $67.48M |
| Long Term Debt | $6.50M | $6.55M | $3.20M | $- | $- | $- | $5.00K | $- | $529.00K | $41.54M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $903.00K | $810.00K |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $193.00K | $54.10M |
| Other Non-Current Liabilities | $124.34K | $194.64K | $1.36M | $13.75K | $15.11K | $16.61K | $0 | $- | $-529.00K | $-41.54M |
| Total Non-Current Liabilities | $6.62M | $6.74M | $4.56M | $13.75K | $15.11K | $16.61K | $5.00K | $- | $1.10M | $54.91M |
| Other Liabilities | $- | $1 | $- | $1 | $1 | $- | $- | $- | $6.93M | $5.21M |
| Total Liabilities | $8.00M | $7.76M | $4.56M | $603.87K | $614.21K | $608.02K | $589.32K | $584.32K | $140.49M | $127.60M |
| Preferred Stock | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $- | $- |
| Common Stock | $2.94M | $1.94M | $1.75M | $1.75M | $1.75M | $1.75M | $1.75M | $1.75M | $1.35M | $1.35M |
| Retained Earnings | $-632.25K | $-1.20M | $-2.07M | $-2.22M | $-2.21M | $-2.21M | $-2.21M | $-2.20M | $-97.20M | $-66.45M |
| Accumulated Other Comprehensive Income Loss | $-2.94M | $-1.94M | $-1.75M | $-1.75M | $-1.75M | $-1.75M | $-1.75M | $-1.75M | $- | $- |
| Other Total Stockholders Equity | $2.94M | $1.94M | $1.75M | $1.75M | $1.75M | $1.75M | $1.75M | $1.75M | $34.73M | $35.87M |
| Total Stockholders Equity | $2.31M | $741.55K | $-324.80K | $-471.29K | $-465.87K | $-463.56K | $-460.41K | $-454.43K | $-61.12M | $-29.24M |
| Total Equity | $2.31M | $741.55K | $-324.80K | $-471.29K | $-465.87K | $-463.56K | $-460.41K | $-454.43K | $-61.12M | $-29.24M |
| Total Liabilities and Stockholders Equity | $10.31M | $8.50M | $4.24M | $132.58K | $148.34K | $144.46K | $128.91K | $129.89K | $79.37M | $98.37M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $10.31M | $8.50M | $4.24M | $132.58K | $148.34K | $144.46K | $128.91K | $129.89K | $79.37M | $98.37M |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $7.77M | $7.42M | $3.20M | $- | $- | $- | $5.00K | $- | $80.14M | $80.56M |
| Net Debt | $6.70M | $7.40M | $3.12M | $-3.95K | $-19.79K | $-15.99K | $4.41K | $-969 | $77.45M | $79.07M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2000 | December 31, 1999 | December 31, 1998 | December 31, 1997 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $567.73K | $3.04M | $159.06K | $-5.42K | $-2.31K | $-1.78K | $-30.75M | $-24.46M | $-6.00M | $-21.00M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $-2.85M | $-7.48M | $-8.60M | $-10.10M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $11.70M | $-4.29M | $-900.00K | $3.20M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $379.31K | $-1.75M | $-1.27M | $-9.07K | $7.61K | $7.51K | $7.31M | $2.40M | $-2.80M | $-7.20M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $782.00K | $-304.00K | $100.00K | $900.00K |
| Inventory | $- | $- | $- | $- | $- | $- | $28.00K | $101.00K | $200.00K | $-400.00K |
| Accounts Payables | $353.36K | $325.67K | $-615.68K | $-8.99K | $7.69K | $7.59K | $6.01M | $2.24M | $-3.40M | $-7.00M |
| Other Working Capital | $25.95K | $-2.07M | $-652.75K | $-80 | $-77 | $-75 | $988.00K | $734.00K | $600.00K | $-1.40M |
| Other Non Cash Items | $- | $-325.67K | $615.68K | $8.99K | $-7.69K | $-7.59K | $16.42M | $34.59M | $16.90M | $33.60M |
| Net Cash Provided by Operating Activities | $947.03K | $1.29M | $-1.11M | $-14.48K | $5.30K | $5.73K | $1.83M | $762.00K | $-1.40M | $-1.50M |
| Investments in Property Plant and Equipment | $-849.29K | $-6.20M | $-3.50M | $- | $- | $- | $-1.62M | $-4.73M | $-2.90M | $-8.10M |
| Acquisitions Net | $- | $500.00K | $- | $- | $- | $- | $147.00K | $387.00K | $25.99M | $4.13M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $75.00K | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $50.00K | $- | $- | $- | $147.00K | $387.00K | $25.50M | $1.80M |
| Net Cash Used for Investing Activities | $-849.29K | $-5.70M | $-3.37M | $- | $- | $- | $-1.47M | $-4.34M | $22.60M | $-6.30M |
| Debt Repayment | $-48.84K | $5.01M | $- | $- | $- | $- | $- | $- | $-22.54M | $- |
| Common Stock Issued | $1.00M | $231.90K | $- | $- | $- | $- | $- | $- | $75.00K | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $4.55M | $-1.36K | $-1.50K | $-1.64K | $824.00K | $2.74M | $2.33M | $6.43M |
| Net Cash Used Provided by Financing Activities | $951.15K | $5.24M | $4.55M | $-1.36K | $-1.50K | $-1.64K | $824.00K | $2.74M | $-20.20M | $6.40M |
| Effect of Forex Changes on Cash | $- | $-886.86K | $17.81K | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $1.05M | $-54.72K | $79.19K | $-15.85K | $3.81K | $15.40K | $1.19M | $-839.00K | $1.00M | $-1.40M |
| Cash at End of Period | $1.08M | $28.42K | $83.14K | $3.95K | $19.79K | $15.99K | $2.68M | $1.49M | $2.30M | $1.20M |
| Cash at Beginning of Period | $28.42K | $83.14K | $3.95K | $19.79K | $15.99K | $589 | $1.49M | $2.33M | $1.30M | $2.60M |
| Operating Cash Flow | $947.03K | $1.29M | $-1.11M | $-14.48K | $5.30K | $5.73K | $1.83M | $762.00K | $-1.40M | $-1.50M |
| Capital Expenditure | $-849.29K | $-6.20M | $-3.50M | $- | $- | $- | $-1.62M | $-4.73M | $-2.90M | $-8.10M |
| Free Cash Flow | $97.74K | $-4.91M | $-4.61M | $-14.48K | $5.30K | $5.73K | $219.00K | $-3.97M | $-4.30M | $-9.60M |