Hour Loop, Inc

Listed Company

HOURCIK 0001874875NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthRetail-Catalog & Mail-Order HousesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$142.44M

Net Income

$1.70M

Total Assets

$23.82M

Equity

$6.99M

Shares Out

35.18M

Op. Cash Flow

$2.58M

Business

Hour Loop, Inc is an online e-commerce retailer that sources and resells consumer merchandise primarily as a third‑party seller on major marketplaces. It offers more than 100,000 SKUs across product categories including home and garden décor, toys, kitchenware, apparel and electronics, and provides inventory, pricing and advertising management. The company operates a wholesale reselling business model and includes a wholly owned consulting subsidiary, Flywheel, supporting its operations and systems. Hour Loop sells mainly in the U.S. through Amazon (Fulfillment by Amazon), and also lists on Walmart, eBay, Etsy and its own website, while using third‑party warehousing and remote operational teams.

Summary from filing dated 2025-03-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues, net	142	138	132	96	63
Cost of revenues	−68	−66	−66	−47	−28
Gross profit	75	72	67	49	35
Selling and marketing	62	62	61	42	25
General and administrative	10	9	8	9	4
Total operating expenses	72	71	70	51	29
Income from operations	2	730,940	−3	−2	5
Other expense	−12,280	−12,695	−9,542	−9,950	−12,299
Interest expense	−184,274	−249,587	−248,779	—	—
Other income	133,209	490,903	101,290	13	87,637
Total other (expenses) income, net	−63,345	228,621	−157,031	−24,000	18,829
Income before income taxes	2	959,561	−3	−2	5
Income tax expense	−692,736	−302,114	730,760	462,163	−709,205
Net income	2	657,447	−2	−1	5
Foreign currency translation adjustments	69,267	−25,644	−2,597	−15,171	−4,690
Total comprehensive income	2	631,803	−2	−1	5
Basic income per common share	0.05	0.02	−0.07	−0.04	0.14
Diluted income per common share	0.05	0.02	−0.07	−0.04	—
Weighted-average number of common shares outstanding, basic	35	35	35	35	33
Weighted-average number of common shares outstanding, diluted	35	35	35	35	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash	4	2	2	5	—
Accounts receivable, net	235,959	2	747,650	352,379	125,991
Inventory, net	18	15	14	19	7
Prepaid expenses and other current assets	619,261	327,894	504,973	741,243	965,298
Total current assets	23	19	18	24	19
Property and equipment, net	95,917	56,797	148,788	274,195	15,667
Deferred tax assets	609,964	1	1	549,320	45,488
Operating lease right-of-use lease assets	169,368	111,409	83,946	450,721	30,111
Total non-current assets	875,249	1	2	1	—
TOTAL ASSETS	24	20	20	26	19
Accounts payable	6	4	4	7	10
Credit cards payable	4	3	4	—	—
Short-term loan	637,348	610,967	652,422	652,316	—
Operating lease liabilities-current	92,362	114,540	82,269	385,216	—
Income taxes payable	51,147	—	—	—	—
Accrued expenses and other current liabilities	2	2	2	2	1
Total current liabilities	17	15	11	15	16
Operating lease liabilities-non-current	83,271	—	2,363	64,945	—
Deferred tax liabilities	18,143	—	—	—	—
Total non-current liabilities	101,414	—	4	4	—
Total liabilities	17	15	15	19	16
Commitments and contingencies	—	—	—	—	—
Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding as of December 31, 2025 and 2024	—	—	—	—	—
Common stock: $0.0001 par value, 300,000,000 shares authorized, 35,176,320 and 35,143,460 shares issued and outstanding as of December 31, 2025 and 2024, respectively	3,518	3,514	3,508	3,506	3,330
Additional paid-in capital	6	6	6	6	4,291
Retained earnings (accumulated deficit)	1	−595,175	−1	1	3
Accumulated other comprehensive income (loss)	17,984	−51,283	−25,639	−23,042	−7,871
Total stockholders equity	7	5	4	7	3
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	24	20	20	26	19

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation expenses	41,386	119,064	138,001	79,084	448
Amortization of operating lease right-of-use lease assets	153,964	211,348	387,446	310,161	—
Deferred tax assets	450,140	244,111	−754,895	−503,832	—
Deferred tax liabilities	18,143	—	—	—	—
Stock-based compensation	60,001	75,042	52,332	91,013	—
Inventory allowance	447,841	560,293	675,886	657,543	−246,593
Unrealized foreign exchange gain (loss)	88,092	−87,520	—	—	—
Gain on disposal of property and equipment	−3,016	—	—	—	—
Accounts receivable	1	−902,897	−395,271	−226,388	90,716
Inventory	−4	−924,370	4	−12	−2
Prepaid expenses and other current assets	−291,367	177,079	236,270	−352,113	−602,911
Accounts payable	2	363,351	−3	1	6
Credit cards payable	318,096	−1	−827,087	898,171	—
Accrued expenses and other current liabilities	360,275	1	229,540	175,436	−102,312
Operating lease liabilities	−150,960	−208,843	−386,224	−283,244	−61,527
Income taxes payable	51,147	—	—	—	—
Net cash provided by operating activities	3	313,140	−2	−12	8
Proceeds from disposal of property and equipment	3,016	—	—	—	—
Purchases of property and equipment	−78,113	−35,996	−14,823	−339,518	−16,115
Net cash used in investing activities	−75,097	−35,996	−14,823	−339,518	−16,115
Payments to related parties	−1	−671,000	—	—	—
Proceeds from related parties	500,000	—	—	138,854	3,023
Net cash used in financing activities	−839,000	−671,000	—	6	−2
Effect of changes in foreign currency exchange rates	5,293	29,284	−238	−10,631	2,743
Net change in cash	2	−364,572	−2	−6	6
Cash paid for interest	184,099	249,296	406,103	4,300	—
Cash paid for income tax	238,976	211,911	1,696	470,601	743,000
Operating lease right-of-use of assets and operating lease liabilities recognized	207,197	248,716	27,249	701,526	—

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