Is Hero Innovation Group Inc. (HRO.CN) a Buy, Sell, or Hold?
CNQ : HRO.CN
Hero Innovation Group Inc.
$0.03 CAD
$0 (0.0%)
- Volume
- 0
- Average Volume
- 5.34K
- Market Capitalization
- $2.21M
- P/E Ratio
- -0.65
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.24
- Year Low
- $0.03
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.12
HRO.CN Financial Statements
| date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 |
|---|---|---|---|---|---|---|
| revenue | 182.29K | 110.03K | 13272 | 38 | - | - |
| costOfRevenue | 37353 | 26546 | 3377 | 18 | 9306 | 738 |
| grossProfit | 144.94K | 83487 | 9895 | 20 | -9306 | -738 |
| researchAndDevelopmentExpenses | 836.21K | 1.41M | 278.57K | 550.37K | 835.57K | 1.44M |
| generalAndAdministrativeExpenses | 1.5M | 1.57M | 1.58M | 1.27M | 1.1M | 568.32K |
| sellingAndMarketingExpenses | 521.99K | 723.67K | 400.77K | 188.35K | 336.22K | 130.51K |
| sellingGeneralAndAdministrativeExpenses | 2.02M | 2.29M | 1.98M | 1.46M | 1.44M | 822.13K |
| otherExpenses | - | 4113 | -4703 | -4472 | 9306 | - |
| operatingExpenses | 2.86M | 3.71M | 2.25M | 2M | 2.28M | 2.26M |
| costAndExpenses | 2.89M | 3.73M | 2.26M | 2M | 2.28M | 2.26M |
| netInterestIncome | -680.24K | -68031 | -4090 | 4430 | 48244 | 77899 |
| interestIncome | 1628 | 2930 | 173 | 4430 | 51298 | 77899 |
| interestExpense | 681.86K | 70961 | 4263 | - | 3054 | - |
| depreciationAndAmortization | 2797 | 4114 | 6488 | 11036 | 9306 | 738 |
| ebitda | -2.71M | -3.62M | -2.19M | -1.99M | -2.27M | -2.26M |
| ebit | -2.72M | -3.62M | -2.19M | -2M | -2.28M | -2.26M |
| nonOperatingIncomeExcludingInterest | 3559 | 1096 | 8687 | -4472 | - | 2 |
| operatingIncome | -2.71M | -3.62M | -2.25M | -2M | -2.28M | -2.26M |
| totalOtherIncomeExpensesNet | -685.42K | -72057 | -12950 | 8902 | 51298 | 77897 |
| incomeBeforeTax | -3.4M | -3.69M | -2.2M | -2M | -2.23M | -2.19M |
| incomeTaxExpense | - | 70961 | -3245 | -4429 | - | 2 |
| netIncomeFromContinuingOperations | -3.4M | -3.69M | -2.2M | -2M | -2.23M | -2.19M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | 51298 | - |
| netIncome | -3.4M | -3.76M | -2.2M | -1.99M | -2.18M | -2.19M |
| netIncomeDeductions | - | - | - | - | 51298 | - |
| bottomLineNetIncome | -3.4M | -3.69M | -2.2M | -2M | -2.23M | -2.19M |
| eps | -0.05 | -0.05 | -0.03 | -0.03 | -0.03 | -0.03 |
| date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 164.64K | 398.72K | 612.53K | 235.37K | 1.1M | 683.15K |
| shortTermInvestments | 28750 | 29368 | - | - | - | - |
| cashAndShortTermInvestments | 193.39K | 428.08K | 612.53K | 235.37K | 1.1M | 683.15K |
| netReceivables | 62057 | 41545 | 26243 | 83831 | 290.68K | 3.21M |
| accountsReceivables | - | - | - | - | - | - |
| otherReceivables | 62057 | 21517 | 9318 | 72136 | 17872 | 3.21M |
| inventory | - | - | 95935 | - | -290.68K | - |
| prepaids | 399.92K | 135.66K | 95690 | 76235 | 230.02K | 50944 |
| otherCurrentAssets | - | - | - | - | - | 3.21M |
| totalCurrentAssets | 655.37K | 605.29K | 734.46K | 395.43K | 1.62M | 3.94M |
| propertyPlantEquipmentNet | 2490 | 149 | 4263 | 6215 | 12670 | 8461 |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | - | -149 | -4263 | -6215 | -12670 | 0.0 |
| totalNonCurrentAssets | 2490 | 149 | 4263 | 6215 | 12670 | 8461.0 |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 657.86K | 605.44K | 738.72K | 401.65K | 1.63M | 3.95M |
| totalPayables | 95643 | 179.96K | 19188 | 50837 | 35180 | 329.59K |
| accountPayables | 95643 | 179.96K | 19188 | 50837 | 35180 | 329.59K |
| otherPayables | - | - | - | - | - | - |
| accruedExpenses | 407.59K | 29635 | 86560 | 71176 | 109.04K | 95988 |
| shortTermDebt | 4.37M | 1.95M | 439.15K | 382.09K | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | 43050 |
| deferredRevenue | - | - | 131.77K | -382.09K | - | - |
| otherCurrentLiabilities | 633.57K | 642.1K | 239.22K | -374.81K | 25650 | 8101 |
| totalCurrentLiabilities | 5.51M | 2.81M | 784.12K | 129.3K | 169.88K | 433.68K |
| longTermDebt | - | 19216 | 36229 | 25103 | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | 19216 | 36229 | 407.2K | - | - |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - |
| totalLiabilities | 5.51M | 2.82M | 820.35K | 536.49K | 169.88K | 433.68K |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 8.77M | 8.77M | 7.44M | 5.6M | 5.6M | 5.6M |
| retainedEarnings | -15.7M | -12.31M | -8.62M | -6.42M | -4.42M | -2.19M |
| additionalPaidInCapital | - | - | - | - | - | - |
| date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 |
|---|---|---|---|---|---|---|
| netIncome | -3.4M | -3.69M | -2.2M | -2M | -2.23M | -2.19M |
| depreciationAndAmortization | 2797 | 4114 | 6488 | 11036 | 9306 | 738 |
| deferredIncomeTax | - | - | -3072 | - | -2.66M | - |
| stockBasedCompensation | 482.18K | 223.2K | 389.47K | 372.52K | 179.91K | 693.6K |
| changeInWorkingCapital | -9669 | 451.16K | 243.47K | 320.05K | 2.48M | -2.83M |
| accountsReceivables | -20513 | -15547 | 57761 | 206.85K | 2.92M | -3.21M |
| inventory | - | -506.67K | -215.33K | 40580 | - | - |
| accountsPayables | 275.1K | 506.67K | 215.33K | -40580 | - | - |
| otherWorkingCapital | -264.26K | 466.7K | 185.71K | 113.2K | -442.87K | 382.73K |
| otherNonCashItems | 688.64K | 71869 | 23465 | -6854 | 2.66M | 3.9M |
| netCashProvidedByOperatingActivities | -2.23M | -2.94M | -1.54M | -1.3M | 431.48K | -4.32M |
| investmentsInPropertyPlantAndEquipment | -5138 | - | -4783 | -4581 | -13515 | -9199 |
| acquisitionsNet | - | - | 3319 | - | - | - |
| purchasesOfInvestments | -28750 | -29845 | - | - | - | - |
| salesMaturitiesOfInvestments | 29367 | 29472 | - | - | - | - |
| otherInvestingActivities | - | -373 | 3146 | - | - | - |
| netCashProvidedByInvestingActivities | -4520 | -373 | -1464 | -4581 | -13515 | -9199 |
| netDebtIssuance | 2.01M | 1.88M | 20000 | 40000 | - | - |
| longTermNetDebtIssuance | 2.01M | 1.88M | 20000 | 440K | - | - |
| shortTermNetDebtIssuance | - | - | - | -400K | - | - |
| netStockIssuance | - | - | - | - | - | - |
| netCommonStockIssuance | - | 857.28K | 1.88M | - | - | - |
| commonStockIssuance | - | 857.28K | 1.88M | - | - | 5.01M |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | - | 875.28K | 1.9M | 400K | - | 5.01M |
| netCashProvidedByFinancingActivities | 2.01M | 2.76M | 1.92M | 440K | - | 5.01M |
| date | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 42984 | 32116 | 37265 | 60067 | 46016 | 36099 | 40110 | 42054 | 29176 | 21996 |
| costOfRevenue | 8574 | 7711 | 8453 | 12231 | 9454 | 7354 | 8314 | 10223 | 6981 | 5215 |
| grossProfit | 34410 | 24405 | 28812 | 47836 | 36562 | 28745 | 31796 | 31831 | 22195 | 16781 |
| researchAndDevelopmentExpenses | 14430 | 16084 | 22883 | 58928 | 175.06K | 266.79K | 335.43K | 313.07K | 327.27K | 462.08K |
| generalAndAdministrativeExpenses | 108.4K | 87413 | 80603 | 166.83K | 233.98K | 801.98K | 356.84K | 410.15K | 517.46K | 329.66K |
| sellingAndMarketingExpenses | 67536 | 73244 | 76513 | 98152 | 84795 | 114.76K | 224.28K | 228.34K | 208.57K | 144.91K |
| sellingGeneralAndAdministrativeExpenses | 175.93K | 160.66K | 157.12K | 264.98K | 318.77K | 916.74K | 581.12K | 638.5K | 726.03K | 474.57K |
| otherExpenses | - | - | - | - | 475 | 696 | 684 | 533 | 1012 | 1270 |
| operatingExpenses | 190.36K | 176.74K | 180K | 324.62K | 494.53K | 1.18M | 917.24K | 952.1K | 1.05M | 937.92K |
| costAndExpenses | 198.94K | 184.45K | 188.45K | 336.86K | 503.99K | 1.19M | 925.56K | 962.33K | 1.06M | 943.13K |
| netInterestIncome | -129.57K | -125.22K | -125.03K | -426.79K | -105.94K | -85287 | 89 | -70664 | 998 | 981 |
| interestIncome | - | - | 162 | -511.0 | 1030 | 1020 | 89 | 297 | 998 | 981 |
| interestExpense | 129.57K | 125.22K | 125.19K | 426.79K | 106.97K | 86307 | - | 70961 | - | - |
| depreciationAndAmortization | 704 | 705 | 712 | 712 | 705 | 696 | 684 | 534 | 1012.0 | 1270 |
| ebitda | -160.15K | -151.64K | -152.21K | -283.36K | -455.76K | -1.15M | -884.76K | -919.44K | -1.03M | -918.88K |
| ebit | -160.85K | -152.34K | -152.92K | -284.08K | -456.47K | -1.15M | -885.45K | -917.26K | -1.03M | -920.16K |
| nonOperatingIncomeExcludingInterest | 4195 | -3 | 1738 | 7288 | 456.47K | 1.15M | 684 | -3017 | -998 | -981 |
| operatingIncome | -156.66K | -152.34K | -151.19K | -284.08K | -456.47K | -1.15M | -885.45K | -917.26K | -1.03M | -921.14K |
| totalOtherIncomeExpensesNet | -133.76K | -126.7K | -126.93K | -433.57K | -106.97K | -86307 | -595 | -70664 | 998 | 981 |
| incomeBeforeTax | -290.42K | -279.04K | -278.12K | -710.36K | -563.44K | -1.24M | -885.36K | -990.94K | -1.03M | -920.16K |
| incomeTaxExpense | - | -5 | -2 | 419.5K | - | 86307 | 89 | -70664 | 998 | 981 |
| netIncomeFromContinuingOperations | -290.42K | -279.04K | -278.12K | -710.36K | -563.44K | -1.24M | -885.36K | -990.94K | -1.03M | -920.16K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -290.42K | -279.04K | -278.12K | -710.36K | -563.44K | -1.33M | -885.45K | -920.27K | -1.03M | -921.14K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -290.42K | -279.04K | -278.12K | -710.36K | -563.44K | -1.24M | -885.36K | -990.94K | -1.03M | -920.16K |
| eps | -0.0 | -0.0 | -0.0 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| date | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 45899 | 149.34K | 246.07K | 164.64K | 409.78K | 428.31K | 546.39K | 398.72K | 319.03K | 420.12K |
| shortTermInvestments | 28750 | 28750 | 28750 | 28750 | - | - | - | 29368 | - | - |
| cashAndShortTermInvestments | 74649 | 178.09K | 274.82K | 193.39K | 409.78K | 428.31K | 546.39K | 428.08K | 319.03K | 420.12K |
| netReceivables | 44403 | 38110 | 35810 | 62057 | 63994 | 33285 | 67688 | 41545 | 86549 | 149.12K |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | 44403 | 38110 | 8220 | 39234 | 63993 | 20217 | 41094 | 21517 | 36742 | 42760 |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 203.52K | 127.39K | 178.62K | 399.92K | 170.43K | 212.91K | 204.81K | 135.66K | 264.96K | 222.8K |
| otherCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalCurrentAssets | 322.58K | 343.59K | 489.25K | 655.37K | 644.21K | 674.5K | 818.89K | 605.29K | 670.54K | 792.04K |
| propertyPlantEquipmentNet | 369 | 1073 | 1778 | 2490 | 3203 | 3907 | 4603 | 149 | 683 | 1695 |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | -0.0 | 0.0 | - | -3203 | -3907 | - | -149 | -683 | - |
| totalNonCurrentAssets | 369 | 1073.0 | 1778.0 | 2490 | 3203 | 3907 | 4603 | 149 | 683 | 1695 |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 322.94K | 344.66K | 491.03K | 657.86K | 647.42K | 678.41K | 823.49K | 605.44K | 671.22K | 793.73K |
| totalPayables | 218K | 170.98K | 140.38K | 95643 | 121.1K | 108.98K | 190.33K | 179.96K | 144.24K | 200.23K |
| accountPayables | 218K | 170.98K | 140.38K | 95643 | 121.1K | 108.98K | 190.33K | 179.96K | 144.24K | 200.23K |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | 409.26K | 12903 | 15163 | 407.59K | 356.02K | 39286 | 28150 | 29635 | 71938 | 42940 |
| shortTermDebt | 4.97M | 4.72M | 4.53M | 4.37M | 3.99M | 3.53M | 2.82M | 1.95M | 1.17M | 452.99K |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | 426.2K | 397.92K | - | - | - | - | - |
| otherCurrentLiabilities | 427.22K | 846.47K | 937.36K | 633.57K | 572.23K | 825.61K | 874.33K | 642.1K | 502.04K | 480.43K |
| totalCurrentLiabilities | 6.02M | 5.75M | 5.62M | 5.51M | 5.04M | 4.51M | 3.91M | 2.81M | 1.89M | 1.18M |
| longTermDebt | - | - | - | - | 20392 | 19992 | 19600 | 19216 | 38447 | 37693 |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 0.0 | 0.0 | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | 0.0 | 0.0 | - | - | 20392 | 19992 | 19600 | 19216 | 38448 | 37693 |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 6.02M | 5.75M | 5.62M | 5.51M | 5.06M | 4.53M | 3.93M | 2.82M | 1.93M | 1.21M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 8.77M | 8.77M | 8.77M | 8.77M | 8.77M | 8.77M | 8.77M | 8.77M | 8.77M | 8.77M |
| retainedEarnings | -16.55M | -16.26M | -15.98M | -15.7M | -14.99M | -14.43M | -13.19M | -12.31M | -11.31M | -10.28M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -290.42K | -279.04K | -278.12K | -710.36K | -563.44K | -1.24M | -885.36K | -990.94K | -1.03M | -920.16K |
| depreciationAndAmortization | 704 | 705 | 712 | 712 | 705 | 696 | 684 | 534 | 1012 | 1270 |
| deferredIncomeTax | - | - | - | 6777 | - | -497.19K | - | - | - | - |
| stockBasedCompensation | - | - | - | -15013 | - | 497.19K | - | 26932 | 196.26K | - |
| changeInWorkingCapital | -58295 | -13621 | 203.65K | -150.1K | 87238 | -92628 | 145.82K | 307.48K | 15026 | -322.06K |
| accountsReceivables | -6294 | -2300 | 26247 | 1937 | -30710 | 34403 | -26143 | 44759 | 62569 | -34488 |
| inventory | - | - | - | - | -75475 | 118.93K | -241.1K | -133.42K | - | - |
| accountsPayables | 24135 | -62554 | -43904 | 77457 | 75475 | -118.93K | 241.1K | 133.42K | -5375 | -161.99K |
| otherWorkingCapital | -76136 | 51233 | 221.3K | -229.49K | 117.95K | -127.03K | 171.96K | 262.72K | -42168 | -125.58K |
| otherNonCashItems | 129.56K | 191.88K | 125.19K | 426.28K | 106.97K | 583.5K | 62304 | 48848 | 17720 | -10385 |
| netCashProvidedByOperatingActivities | -218.44K | -166.34K | 51432 | -441.7K | -368.52K | -748.08K | -676.55K | -607.14K | -801.1K | -1.25M |
| investmentsInPropertyPlantAndEquipment | 5 | - | - | - | - | - | -5138 | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | 618 | - | - | 618 | -373 | - | - |
| netCashProvidedByInvestingActivities | - | - | - | 618 | - | - | -4520 | -373 | - | - |
| netDebtIssuance | 115K | 69608 | 30000 | 225.3K | 350K | 630K | 800K | 1.17M | 700K | -290K |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | -20000 | 700K | -290K |
| shortTermNetDebtIssuance | 115K | - | 30000 | 225.3K | 350K | 630K | 800K | 1.19M | - | -300K |
| netStockIssuance | - | - | - | - | - | - | - | -472.05K | -2 | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | -472.05K | -2 | - |
| commonStockIssuance | - | - | - | - | - | - | - | -472.05K | -2 | 1.33M |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | 69608 | - | 225.3K | - | - | - | 18000 | - | 1.04M |
| netCashProvidedByFinancingActivities | 115K | 69608 | 30000 | 225.3K | 350K | 630K | 800K | 715.95K | 700K | 1.04M |