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Caravelle International ( (HTCO) ) has shared an announcement.
High-Trend International Group has released its unaudited condensed consolidated financial statements for the six months ending April 30, 2025. The company reported a significant increase in total revenue to $99.4 million, up from $34.9 million in the same period of 2024, primarily driven by ocean freight revenue. However, the company experienced a substantial operating loss of $12.4 million, largely due to increased share-based compensation expenses. This financial update highlights the company’s challenges in managing rising operational costs despite revenue growth.
Spark’s Take on HTCO Stock
According to Spark, TipRanks’ AI Analyst, HTCO is a Underperform.
The overall stock score reflects severe financial challenges and high leverage, offset by some positive technical indicators. The lack of positive earnings call insights and unattractive valuation further contribute to a low score. Strategic restructuring is needed to improve financial health.
To see Spark’s full report on HTCO stock, click here.
More about Caravelle International
Average Trading Volume: 1,722,889
Technical Sentiment Signal: Sell
Current Market Cap: $36.64M
Find detailed analytics on HTCO stock on TipRanks’ Stock Analysis page.
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