---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-010243"
form_type: "8-K"
ticker: "HOUR"
cik: "0001874875"
company_name: "Hour Loop, Inc"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:29:05.556156+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hour Loop FY2022 revenue $95.9M (+52.8%), net loss $1.5M; FY2023 guidance: rev $112-122M, net income $0.5-4M

## Summary
- Net revenues $95.9M in 2022, up 52.8% from $62.8M in 2021.
- Net loss of $1.5M ($0.04 diluted EPS) vs net income of $4.8M ($0.14 diluted EPS) in 2021.
- Gross margin decreased to 51.1% from 55.4%; operating expenses increased 73.7% to $50.9M.
- Cash used in operations $11.6M; cash balance $4.6M (Dec 2022) vs $10.6M (Dec 2021); inventory $18.7M vs $7.0M.
- FY2023 guidance: gross revenue $112-122M (10-20% growth), net income $0.5-4M.

## SEC filing metadata
- accession: 0001493152-23-010243
- form_type: 8-K
- ticker: HOUR
- cik: 0001874875
- company_name: Hour Loop, Inc
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874875/000149315223010243/0001493152-23-010243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874875/000149315223010243/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-010243
- JSON: https://secwatch.observer/filing/0001493152-23-010243.json
- Plain text: https://secwatch.observer/filing/0001493152-23-010243.txt

## Key facts
- Earnings Releases
  Hour Loop, Inc reported the year ended December 31, 2022 results: revenue $95.9 million, net income $1.5 million, EPS $0.04 per diluted share. Guidance initiated.
  - Period: the year ended December 31, 2022
  - Revenue: $95.9 million
  - Net income: $1.5 million
  - EPS: $0.04 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: leading online retailer, announces its financial and operational results for the year ended December 31, 2022. Financial Highlights for 2022: ● Net revenues increased 52.8% to $95.9 million in 2022, compared to $62.8 million in 2021. ● Net loss totaled $1.5 million, compared to net income of $4.8 million in 2021. ● Cash used in operating activities in 2022 was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874875/000149315223010243/0001493152-23-010243-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.