Reported Q: Q4 2024 Rev YoY: +50.4% EPS YoY: N/A Move: 0.00%
King Resources Inc
KRFG
$0.791 0.00%
Exchange OTC Sector Energy Industry Oil Gas Exploration Production
Q4 2024
Published: Jul 16, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for KRFG

Reported

Report Date

Jul 16, 2024

Quarter Q4 2024

Revenue

19.18K

YoY: +50.4%

EPS

0.00

YoY: N/A

Market Move

0.00%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $0.02M up 50.4% year-over-year
  • EPS of $0.00 increased by 0% from previous year
  • Gross margin of 40.0%
  • Net income of -926.79K
  • "N/A" - N/A
KRFG
Company KRFG

Executive Summary

King Resources Inc (KRFG) reported QQ4 2024 revenue of 19,180 (USD thousands), reflecting a YoY increase of approximately 50.4% and a QoQ decline of about 0.07%. Gross profit stood at 7,672 (USD thousands), delivering a gross margin of 40.0%, with the YoY gross profit up roughly 50.3% and QoQ up 311.8% in the quarter. Despite the favorable gross margin, the company accrued a deep operating and financing loss, posting operating income of -331,250 and EBITDA of -325,809 (both in USD thousands), translating to EBITDA margin of -16.99% and an operating income margin of -17.27%. Net income was -926,789 (USD thousands), or roughly -48.32% of revenue, yielding an EPS of -0.0002. The quarter was dominated by outsized interest expense of 595,924, signaling a heavy debt burden and financing costs that eclipsed operating performance.

Key Performance Indicators

Revenue
Increasing
19.18K
QoQ: -0.07% | YoY: 50.35%
Gross Profit
Increasing
7.67K
40.00% margin
QoQ: 311.81% | YoY: 50.34%
Operating Income
Decreasing
-331.25K
QoQ: -1 035.58% | YoY: -733.61%
Net Income
Decreasing
-926.79K
QoQ: -613.75% | YoY: -560.29%
EPS
Stable
0.00
QoQ: N/A | YoY: N/A

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 0.02 0.00 +0.2% View
Q3 2025 0.02 0.00 +0.2% View
Q2 2025 0.02 0.00 +0.4% View
Q1 2025 0.02 0.00 +50.4% View
Q4 2024 0.02 0.00 +50.4% View