Equipment Structural Parts was Huachen AI Parking Management Technology Holding’s largest product and service line in fiscal 2024, bringing in $36.46M of $40.94M (89%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Equipment Structural Parts | $3.35M | $25.53M | $36.46M |
| Cubic Parking Garage | $16.96M | $8.01M | $4.04M |
| Maintenance Services | $645.42K | $584.70K | $429.57K |
| Others | $5.43K | $155.42K | $19.07K |
| Total | $20.96M | $34.28M | $40.94M |
Huachen AI Parking Management Technology Holding brought in $40.94M from its four product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 19.4% from $34.28M in fiscal 2023. Equipment Structural Parts was the largest at $36.46M (89.0%), ahead of Cubic Parking Garage at $4.04M (9.9%) and Maintenance Services at $429.57K (1.0%). The remaining line, Others, brought in $19.07K.
Compared with fiscal 2023, Equipment Structural Parts grew 42.8% to $36.46M, while Cubic Parking Garage fell 49.6% to $4.04M. From fiscal 2022 to 2024, combined revenue from these lines grew from $20.96M to $40.94M, a compound annual growth rate of 39.8%. Equipment Structural Parts' share of the total rose from 16.0% to 89.0%.
Performance Obligations Satisfied At A Point In Time was Huachen AI Parking Management Technology Holding’s largest revenue line in fiscal 2024, bringing in $40.52M of $40.94M (99%).
| Timing of Transfer of Good or Service | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Performance Obligations Satisfied At A Point In Time | $20.31M | $33.69M | $40.52M |
| Performance Obligations Satisfied Over Time | $645.42K | $584.70K | $429.57K |
| Total | $20.96M | $34.28M | $40.94M |
Huachen AI Parking Management Technology Holding brought in $40.94M from its two revenue lines in fiscal 2024, the year ended December 31, 2024. That was up 19.4% from $34.28M in fiscal 2023. Performance Obligations Satisfied At A Point In Time was the largest at $40.52M (99.0%), ahead of Performance Obligations Satisfied Over Time at $429.57K (1.0%).
From fiscal 2022 to 2024, combined revenue from these revenue lines grew from $20.96M to $40.94M, a compound annual growth rate of 39.8%. Performance Obligations Satisfied At A Point In Time's share of the total rose from 96.9% to 99.0%.
Huachen AI Parking Management Technology Holding (HCAI) reports its revenue by product and service and by timing of transfer of good or service. In fiscal 2024, Equipment Structural Parts was its largest product and service line, bringing in $36.46M (89.0% of the total), followed by Cubic Parking Garage at $4.04M (9.9%).
Equipment Structural Parts was Huachen AI Parking Management Technology Holding's largest product and service line in fiscal 2024, bringing in $36.46M, or 89.0% of the $40.94M total across its four product and service lines.
Performance Obligations Satisfied At A Point In Time was Huachen AI Parking Management Technology Holding's largest revenue line in fiscal 2024, bringing in $40.52M, or 99.0% of the $40.94M total across its two revenue lines.
Equipment Structural Parts grew faster than Cubic Parking Garage in fiscal 2024, up 42.8% from $25.53M to $36.46M. Cubic Parking Garage fell 49.6% to $4.04M.
Every figure comes from Huachen AI Parking Management Technology Holding's annual financial filings, as reported. Each line keeps the name Huachen AI Parking Management Technology Holding gives it, and years follow its fiscal calendar.
Huachen AI Parking Management Technology Holding's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.