King Resources Inc (KRFG) Q4 2024: 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

19.18K

QoQ: -0.07% | YoY:50.35%

Gross Profit

7.67K

40.00% margin

QoQ: 311.81% | YoY:50.34%

Operating Income

-331.25K

QoQ: -1 035.58% | YoY:-733.61%

Net Income

-926.79K

QoQ: -613.75% | YoY:-560.29%

EPS

0.00

QoQ: N/A | YoY:N/A

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Revenue: 19,180 (YoY +50.35%, QoQ -0.07%), Gross Profit: 7,672 (YoY +50.34%, QoQ +311.81%), Operating Income: -331,250 (YoY -733.61%, QoQ -1,035.58%), Net Income: -926,789 (YoY -560.29%, QoQ -613.75%), EBITDA: -325,809 (margin -16.99%), Gross Margin: 40.0%, Operating Margin: -17.27%, Net Margin: -48.32%, EPS: -0.0002. Weighted average shares outstanding: 5,514,982,252. Cash flow from operations: -65,064. Cash at end of period: 1,556. Total assets: 120,716. Total liabilities: 3,153,293. Total stockholders’ equity: -3,032,577. Total debt: 2,134,953. Net debt: 2,133,397. Current ratio: 0.0342, Quick ratio: 0.0412, Cash ratio: 0.000493. Deferred revenue: 287,567. Inventory and some balance-sheet line items show atypical entries (e.g., inventory negative; substantial deferred revenue vs. current liabilities). All values are USD thousands unless noted.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	19.18K	50.35%	-0.07%
Gross Profit	7.67K	50.34%	311.81%
Operating Income	-331.25K	-733.61%	-1 035.58%
Net Income	-926.79K	-560.29%	-613.75%
EPS	0.00	N/A	N/A

Key Financial Ratios

currentRatio

0.03

grossProfitMargin

40%

operatingProfitMargin

-1727%

netProfitMargin

-4832%

returnOnAssets

-768%

returnOnEquity

30.6%

debtEquityRatio

-0.7

operatingCashFlowPerShare

$-0

freeCashFlowPerShare

$-0

priceToBookRatio

-0.46

priceEarningsRatio

-0.37

Net Income vs. Revenue

Expense Breakdown

Competitive Position

Company	Gross Margin	Operating Margin	Return on Equity	P/E Ratio
KRFG Focus	40.00%	-17.27%	30.60%	-37.20%
GNAL	63.60%	-1.47%	-0.92%	2.04%
DLYT	-1.04%	-9.31%	28.70%	-6.65%
POLA	-39.60%	-82.40%	-23.90%	-42.90%
OZSC	-1.11%	-4.08%	4.23%	-2.19%

Period	Revenue ($M)	YoY Growth	Report
Q1 2026	0.02	+0.2%	View
Q3 2025	0.02	+0.2%	View
Q2 2025	0.02	+0.4%	View
Q1 2025	0.02	+50.4%	View
Q4 2024	0.02	+50.4%	View

King Resources Inc (KRFG) Q4 2024 Earnings Report

Earnings Highlights

King Resources Inc (KRFG) QQ4 2024 Earnings Analysis — Industrials: Electrical Equipment & Parts

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

King Resources Inc (KRFG) Q4 2024 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

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