For fiscal 2025 (ended Oct 31, 2025), High-Trend International Group reported $214.42M of revenue and -$21.46M of net income.
HTCO revenue was $214.42M for fiscal 2025 (ended Oct 31, 2025), up 98.2% from fiscal 2024. Compound annual growth was +22.3% over 5 years. It rose in 4 of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.
HTCO net income was -$21.46M for fiscal 2025 (ended Oct 31, 2025), compared with -$23.60M in fiscal 2024.
HTCO diluted EPS was -$4.18 for fiscal 2025 (ended Oct 31, 2025).
HTCO free cash flow was $4.63M for fiscal 2025 (ended Oct 31, 2025). Compound annual growth was +33.2% over 5 years.
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | $214.42M | $108.18M | $95.26M | $185.35M | $121.96M | $78.35M |
| Cost of revenue | $207.61M | $100.08M | $107.14M | $158.50M | $109.01M | $82.29M |
| Gross profit | $6.80M | $8.10M | -$11.89M | $26.85M | $12.95M | -$3.94M |
| Selling, general and admin | $4.79M | $4.60M | $3.74M | $3.25M | $2.44M | $1.79M |
| Operating income | -$19.91M | $2.30M | -$15.63M | $23.58M | $10.48M | -$5.73M |
| Interest expense | $45.9K | $90.2K | $112.0K | $101.9K | $122.4K | $60.3K |
| Pre-tax income | -$20.10M | -$21.21M | -$15.78M | $23.61M | $10.26M | -$5.76M |
| Income tax | $9.1K | $4.1K | $2.5K | $11.2K | $2.1K | $2.4K |
| Net income | -$21.46M | -$23.60M | -$9.33M | $12.23M | $5.31M | -$3.17M |
| EPS, basic | -$4.18 | -$10.02 | -$4.45 | $6.00 | $2.75 | -$1.50 |
| EPS, diluted | -$4.18 | -$10.02 | -$4.45 | $6.00 | $2.75 | -$1.50 |
| Diluted shares | 5.5M | 2.4M | 2.1M | 2.0M | 2.0M | 2.0M |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $10.14M | $6.86M | $2.22M | $21.57M | $10.35M | $8.12M |
| Receivables | $8.65M | $7.58M | $983.8K | $3.96M | $7.83M | - |
| Current assets | $30.29M | $25.87M | $6.77M | $33.43M | $26.12M | - |
| Total assets | $32.36M | $29.21M | $8.43M | $35.57M | $27.19M | - |
| Current liabilities | $19.73M | $19.55M | $14.11M | $23.18M | $20.44M | - |
| Short-term debt | - | $580.1K | $937.5K | $880.6K | $899.6K | - |
| Long-term debt | - | $916.9K | $1.48M | $2.37M | $3.37M | - |
| Total debt | - | $1.50M | $2.41M | $3.25M | $4.27M | - |
| Total liabilities | $19.76M | $20.47M | $15.70M | $25.55M | $23.81M | - |
| Shareholders' equity | $7.88M | $5.36M | -$7.26M | $10.02M | $3.37M | -$6.66M |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $4.63M | -$3.33M | -$17.77M | $33.13M | $632.5K | $1.10M |
| Capital expenditures | $5.1K | - | - | - | - | $1.6K |
| Free cash flow | $4.63M | - | - | - | - | $1.10M |
| Investing cash flow | -$5.1K | - | - | - | $300.0K | -$301.6K |
| Financing cash flow | -$1.35M | $7.97M | -$1.58M | -$21.91M | $1.31M | $4.89M |
| Dividends paid | - | - | $902.0K | $16.95M | - | - |
| Stock-based compensation | $21.92M | $1.20M | - | - | - | - |
| Depreciation and amortization | - | $22.2K | $42.2K | $42.0K | $40.1K | $39.6K |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue growth, YoY | 98.2% | 13.6% | -48.6% | 52.0% | 55.7% | - |
| Net income growth, YoY | - | - | - | 130.4% | - | - |
| EPS growth, YoY | - | - | - | 118.2% | - | - |
| Gross margin | 3.2% | 7.5% | -12.5% | 14.5% | 10.6% | -5.0% |
| Operating margin | -9.3% | 2.1% | -16.4% | 12.7% | 8.6% | -7.3% |
| Net margin | -10.0% | -21.8% | -9.8% | 6.6% | 4.4% | -4.0% |
| Free cash flow margin | 2.2% | - | - | - | - | 1.4% |
| Return on equity | -272.5% | -440.0% | - | 122.0% | 157.5% | - |
| Return on assets | -66.3% | -80.8% | -110.7% | 34.4% | 19.5% | - |
| Current ratio | 1.54 | 1.32 | 0.48 | 1.44 | 1.28 | - |
| Debt to equity | - | 0.28 | - | 0.32 | 1.27 | - |
Source: XBRL data High-Trend International Group files with the SEC, latest filing dated Jan 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-25, first reported Jan 23, 2026.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HTCO | $214.42M | +98.2% | -$21.46M | -10.0% | $10.5M |
| GD | $56.52B | +9.7% | $4.66B | 8.2% | $97.84B |
| RCL | $19.13B | +9.7% | $4.55B | 23.8% | $90.13B |
| CCL | $27.59B | +5.2% | $3.14B | 11.4% | $41.43B |
| VIK | $6.50B | +21.9% | $1.15B | 17.7% | $38.86B |
| BIP | $23.10B | +9.8% | $2.53B | 11.0% | $18.16B |
| HII | $13.53B | +12.6% | $733.00M | 5.4% | $11.99B |
| FRO | $1.97B | -8.8% | $379.08M | 19.2% | $9.86B |
| NCLH | $10.16B | +4.9% | $832.94M | 8.2% | $8.46B |