PROFESSIONAL SERVICES INDUSTRY

hitech group australia ltd (HIT:ASX)

Last A$0.05 AUD

Change Today 0.00 / 0.00%

Volume 0.0

HIT On Other Exchanges

Symbol

Exchange

HIT:AU

ASX

As of 10:15 PM 05/15/13 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements Ratios Pensions & Options SEC Filings

Financial Statements for hitech group australia ltd (HIT)

Year over year, HiTech Group Australia Ltd. has seen their bottom line shrink from A$648.4K AUD to A$556.7K AUD despite an increase in revenues from A$8.7M AUD to A$9.6M AUD. An increase in the percentage of sales devoted to cost of goods sold from 74.92% to 78.52% was a key component in the falling bottom line in the face of rising revenues.

View Income Statement In U.S. Dollar

Income Statement Balance Sheet Cash Flow

Currency in Millions of Australian Dollars	As of:	Jun 30 2009 Reclassified AUD	Jun 30 2010 AUD	Jun 30 2011 AUD	Jun 30 2012 AUD	4 Year Trend
Revenues		5.6	5.5	8.7	9.6
TOTAL REVENUES		5.6	5.5	8.7	9.6
Cost of Goods Sold		4.7	4.1	6.6	7.5
GROSS PROFIT		0.9	1.4	2.2	2.1
Selling General & Admin Expenses, Total		1.3	1.2	1.3	1.4
Other Operating Expenses		0.1	0.0	0.1	0.1
OTHER OPERATING EXPENSES, TOTAL		1.4	1.2	1.4	1.4
OPERATING INCOME		-0.4	0.2	0.8	0.6
Interest and Investment Income		0.1	0.0	0.0	0.0
Gain (Loss) on Sale of Investments		-0.8	0.0	0.1	-0.1
Gain (Loss) on Sale of Assets		--	--	0.0	--
EBT, INCLUDING UNUSUAL ITEMS		-1.1	0.2	0.9	0.6
Income Tax Expense		-0.1	0.1	0.3	0.0
Earnings from Continuing Operations		-1.0	0.1	0.6	0.6
NET INCOME		-1.0	0.1	0.6	0.6
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		-1.0	0.1	0.6	0.6
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		-1.0	0.1	0.6	0.6