← HF Foods Group Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| TOTAL COST OF REVENUE | $241.4m | $325.0m | $466.5m | $645.4m | $965.0m | $944.5m | $996.5m | $1.0b | |
| GROSS PROFIT | $49.6m | $63.2m | $100.3m | $151.5m | $205.5m | $204.0m | $205.2m | $207.6m | |
| Goodwill impairment charges | — | $0 | ($338.2m) | $0 | $0 | $0 | $46.3m | $38.8m | |
| LOSS FROM OPERATIONS | $8.5m | $8.3m | ($5.8m) | $29.5m | $10.6m | $9.0m | ($39.1m) | ($33.0m) | |
| Change in fair value of interest rate swap contracts | — | $0 | ($920k) | $1.4m | ($817k) | $1.6m | ($1.7m) | $1.9m | |
| Lease guarantee income | — | — | — | — | $5.7m | ($377k) | ($5.5m) | $0 | |
| LOSS BEFORE INCOME TAXES | $8.8m | $8.1m | ($347.5m) | $27.3m | $4k | ($2.6m) | ($46.1m) | ($45.3m) | |
| NET LOSS AND COMPREHENSIVE LOSS | $6.4m | $5.9m | ($342.7m) | $22.8m | $235k | ($2.7m) | ($48.1m) | ($39.3m) | |
| Less: net (loss) income attributable to noncontrolling interests | $67k | $506k | $293k | $676k | ($225k) | ($488k) | $409k | ($468k) | |
| NET LOSS AND COMPREHENSIVE LOSS ATTRIBUTABLE TO HF FOODS GROUP INC. | $6.3m | $5.4m | ($343.0m) | $22.1m | $460k | ($2.2m) | ($48.5m) | ($38.8m) | |
| TOTAL NET REVENUE | $291.0m | $388.2m | $566.8m | $796.9m | $1.2b | $1.1b | $1.2b | $1.2b | |
| (LOSS) EARNINGS PER COMMON SHARE - BASIC (in USD per share) | $0.30 | $0.18 | ($6.59) | $0.43 | $0.01 | ($0.04) | ($0.92) | ($0.73) | |
| (LOSS) EARNINGS PER COMMON SHARE - DILUTED (in USD per share) | $0.30 | $0.18 | ($6.59) | $0.43 | $0.01 | ($0.04) | ($0.92) | ($0.73) | |
| WEIGHTED AVERAGE SHARES - BASIC (in shares) | — | $27.1m | $52.1m | $51.9m | $53.8m | $53.9m | $52.6m | $52.9m | |
| WEIGHTED AVERAGE SHARES - DILUTED (in shares) | — | $27.1m | $52.1m | $52.1m | $53.9m | $53.9m | $52.6m | $52.9m | |
| Distribution, selling and administrative expenses | $41.0m | $54.9m | $106.1m | $122.0m | $195.0m | $195.1m | $198.0m | $201.8m | |
| Interest expense | — | ($1.7m) | ($3.9m) | ($4.1m) | $7.5m | $11.5m | $11.4m | $11.5m | |
| Other (income) expense, net | $671k | $532k | $1.4m | $508k | ($1.8m) | ($1.1m) | $2.8m | ($1.1m) | |
| Income tax (benefit) expense | $2.5m | $2.2m | ($4.8m) | $4.5m | ($231k) | $41k | $2.0m | ($6.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.